Market Recap
Nifty Futures opened gap up, Advanced 198 points to Close at 17,826.
Bank Nifty Futures opened gap up, Advanced 564 points to close at 41,495.
India Vix closed at 18.7 (-5.73%)
FII Bought for INR 1,196 Cr.
DII Bought for INR 132 Cr.
Volume Gainers: TATA STEEL, TATA MOTORS, and ONGC
Volume Losers: POWER GRID, ITC, and INFOSYS
Global Markets
Dow Jones Declined and is currently at 30,791
US VIX is at 27.1 (+5.43%)
NASDAQ Futures Declined and is currently at 11,917
DAX Declined and is currently at 12,641
Nikkei Futures Declined and is currently at 27,090
Commodity and Currency
Gold Declined and is currently at 1,664
Brent Crude Declined and is currently at 91.1
USD/INR Advanced and is currently at 79.7
GBP/INR Advanced and is currently at 90.7
Nifty 50 Technicals
Max Pain: 17,800 (+1.13%)
PCR: 0.98 (+40.00%)
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
17,000 (1,55,302; +67.22%)
17,600 (1,12,802; +53.57%)
Max Call OI:
18,000 (1,30,534; -0.45%)
18,200 (1,16,348; -0.74%)
Bank Nifty Technicals
Max Pain: 41,400 (+0.97%)
PCR: 1.06 (+35.89%)
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
39,000 (79,001; +40.18%)
40,000 (72,100; +10.23%)
Max Call OI:
43,000 (98,478; +1.93%)
42,000 (92,812; -8.19%)
Stock Picks
Bullish Stocks: ALKEM, LAURUS LABS, and CIPLA
Bearish Stocks: CAN FIN HOME, MRF, and LTTS
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,500 - 17,900
Bank Nifty may trade between 40,800 - 41,700
That’s all for today!
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