Market Recap
Nifty Futures opened gap up, Declined 10 points to Close at 17,019.
Bank Nifty Futures opened gap up, Declined 213 points to close at 38,466.
India Vix closed at 21.5 (-1.48%)
FII Sold for INR 2,824 Cr.
DII Bought for INR 3,505 Cr.
Volume Gainers: POWER GRID, ONGC, and ITC
Volume Losers: TATA STEEL, ICICI BANK, and ADANI PORTS
Global Markets
Dow Jones Declined and is currently at 29,067
US VIX is at 32.6 (+1.05%)
NASDAQ Futures Declined and is currently at 11,260
DAX Declined and is currently at 12,056
Nikkei Futures Declined and is currently at 25,970
Commodity and Currency
Gold Declined and is currently at 1,623
Brent Crude Declined and is currently at 85.2
USD/INR is Flat at 81.7
GBP/INR Declined and is currently at 87.2
Nifty 50 Technicals
Max Pain: 17,100 (-0.58%)
PCR: 0.56 (0.00%)
RSI: Bearish
MACD: Bearish
Moving Average: Bearish
ATR: Low Volatile
Max Put OI:
16,000 (1,22,732; -3.88%)
16,500 (1,20,622; +6.92%)
Max Call OI:
18,000 (1,72,055; -15.49%)
17,500 (1,66,979; +2.28%)
Bank Nifty Technicals
Max Pain: 38,800 (-1.02%)
PCR: 0.51 (-7.27%)
RSI: Bearish
MACD: Bearish
Moving Average: Bearish
ATR: Low Volatile
Max Put OI:
38,000 (83,461; +30.24%)
37,500 (68,138; +54.53%)
Max Call OI:
41,000 (1,72,138; -6.38%)
40,500 (1,42,073; +15.38%)
Stock Picks
Bullish Stocks: LAURUS LABS, DR. LALPATHLABS, and EXIDE INDUSTRIES
Bearish Stocks: CAN FIN HOME, SBI LIFE, and SIEMENS
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 17,000 - 17,200
Bank Nifty may trade between 38,200 - 38,700
That’s all for today!
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