Market Recap
Nifty Futures opened gap down, Declined 307 points to Close at 17,029.
Bank Nifty Futures opened gap down, Declined 964 points to close at 38,678.
India Vix closed at 21.8 (+6.31%)
FII Sold for INR 5,101 Cr.
DII Bought for INR 3,532 Cr.
Volume Gainers: WIPRO, INFOSYS, and HCL TECHNOLOGIES
Volume Losers: TATA STEEL, TATA MOTORS, and NTPC
Global Markets
Dow Jones Advanced and is currently at 29,494
US VIX is at 32.26 (+7.82%)
NASDAQ Futures Advanced and is currently at 11,400
DAX Advanced and is currently at 12,309
Nikkei Futures Advanced and is currently at 26,390
Commodity and Currency
Gold Advanced and is currently at 1,630
Brent Crude Advanced and is currently at 84.5
USD/INR Advanced and is currently at 81.6
GBP/INR Advanced and is currently at 87.5
Nifty 50 Technicals
Max Pain: 17,200 (-1.71%)
PCR: 0.56 (-9.67%)
RSI: Bearish
MACD: Bearish
Moving Average: Bearish
ATR: High Volatile
Max Put OI:
16,000 (1,27,698; +9.75%)
16,500 (1,21,828; +18.05%)
Max Call OI:
18,000 (2,03,610; +10.43%)
17,500 (1,63,255; +26.60%)
Bank Nifty Technicals
Max Pain: 39,200 (-2.00%)
PCR: 0.55 (+1.85%)
RSI: Bearish
MACD: Bearish
Moving Average: Bearish
ATR: Low Volatile
Max Put OI:
37,000 (79,505; +57.34%)
38,500 (65,133; +16.06%)
Max Call OI:
41,000 (1,83,873; +31.81%)
40,500 (1,23,131; -2.93%)
Stock Picks
Bullish Stocks: NESTLE INDIA, TCS, and WIPRO
Bearish Stocks: HINDUSTAN PETROLEUM, CHOLAFIN, and TATA CHEMICALS
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 17,000 - 17,400
Bank Nifty may trade between 38,500 - 38,900
That’s all for today!
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