Market Recap
Nifty Futures opened gap up, Declined 94 points to Close at 17,731.
Bank Nifty Futures opened gap up, Declined 250 points to close at 41,245.
India Vix closed at 19.3 (+2.81%)
FII Sold for INR 461 Cr.
DII Bought for INR 539 Cr.
Volume Gainers: ITC, COAL INDIA, and RELIANCE
Volume Losers: TATA STEEL, ADANI PORTS, and ONGC
Global Markets
Dow Jones Declined and is currently at 30,100
US VIX is at 27.9 (+3.06%)
NASDAQ Futures Declined and is currently at 11,590
DAX Declined and is currently at 12,474
Nikkei Futures Declined and is currently at 26,730
Commodity and Currency
Gold Declined and is currently at 1,659
Brent Crude Advanced and is currently at 91.0
USD/INR Advanced and is currently at 80.1
GBP/INR Declined and is currently at 90.0
Nifty 50 Technicals
Max Pain: 17,700 (-0.56%)
PCR: 0.73 (-25.51%)
RSI: Neutral
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
17,500 (1,12,464; +14.35%)
17,000 (1,06,206; -31.61%)
Max Call OI:
18,000 (1,66,855; +27.82%)
18,200 (1,48,845; +27.93%)
Bank Nifty Technicals
Max Pain: 41,200 (-0.48%)
PCR: 0.84 (-20.75%)
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
40,000 (86,746; +20.31%)
39,000 (73,546; -6.90%)
Max Call OI:
43,000 (1,12,869; +14.61%)
42,000 (1,07,665; +16.00%)
Stock Picks
Bullish Stocks: GAIL, CUB, and COLPAL
Bearish Stocks: EICHER MOTORS, BEL and SHRIRAM TRANSPORT FINANCE
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 - 41,500
That’s all for today!
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