Market Recap
Nifty Futures opened gap down, Declined 84 points to Close at 17,648.
Bank Nifty Futures opened gap up, Declined 548 points to close at 40,697.
India Vix closed at 18.8 (-2.64%)
FII Sold for INR 2,510 Cr.
DII Bought for INR 263 Cr.
Volume Gainers: BHARTI AIRTEL, ITC, and TATA MOTORS
Volume Losers: TATA STEEL, POWER GRID, and ONGC
Global Markets
Dow Jones Declined and is currently at 30,208
US VIX is at 27.3 (-2.29%)
NASDAQ Futures Declined and is currently at 11,578
DAX Advanced and is currently at 12,621
Nikkei Futures Declined and is currently at 26,760
Commodity and Currency
Gold Declined and is currently at 1,670
Brent Crude Declined and is currently at 91.1
USD/INR is Flat at 81.0
GBP/INR Declined and is currently at 91.0
Nifty 50 Technicals
Max Pain: 17,650 (-0.28%)
PCR: 0.88 (+20.54%)
RSI: Neutral
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
17,000 (91,531; +44.52%)
16,500 (87,511; +47.72%)
Max Call OI:
19,000 (1,40,584; +233.53%)
18,000 (1,06,794; +42.18%)
Bank Nifty Technicals
Max Pain: 40,700 (-1.21%)
PCR: 0.75 (-10.71%)
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
40,000 (55,024; +119.24%)
39,500 (54,131; +154.33%)
Max Call OI:
41,000 (70,752; +247.23%)
43,000 (69,251; +26.17%)
Stock Picks
Bullish Stocks: MARICO, PAGE INDUSTRIES, and REC LIMITED
Bearish Stocks: SHREE CEMENT, MRF, and GODREJ PROPERTIES
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,400 - 17,900
Bank Nifty may trade between 39,700 - 41,100
That’s all for today!
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