Market Recap
Nifty Futures opened gap down, Declined 160 points to Close at 16,859.
Bank Nifty Futures opened gap down, Declined 656 points to close at 37,810.
India Vix closed at 22.0 (+2.45%)
FII Sold for INR 2,772 Cr.
DII Bought for INR 2,544 Cr.
Volume Gainers: POWER GRID, INFOSYS, and SUN PHARMA
Volume Losers: TATA STEEL, ITC, and ONGC
Global Markets
Dow Jones Advanced and is currently at 29,687
US VIX is at 30.18 (-7.42%)
NASDAQ Futures Advanced and is currently at 11,530
DAX Advanced and is currently at 12,298
Nikkei Futures Advanced and is currently at 26,450
Commodity and Currency
Gold Declined and is currently at 1,653
Brent Crude Advanced and is currently at 89.2
USD/INR Advanced and is at 81.4
GBP/INR Declined and is currently at 88.0
Nifty 50 Technicals
Max Pain: 17,000 (-0.58%)
PCR: 0.58 (+3.57%)
RSI: Bearish
MACD: Bearish
Moving Average: Bearish
ATR: Low Volatile
Max Put OI:
16,800 (1,11,357; +42.13%)
16,500 (1,09,003; -9.63%)
Max Call OI:
17,000 (1,94,293; +154.64%)
17,500 (1,66,878; -0.06%)
Bank Nifty Technicals
Max Pain: 38,200 (-1.54%)
PCR: 0.51 (0.00%)
RSI: Bearish
MACD: Bearish
Moving Average: Bearish
ATR: Low Volatile
Max Put OI:
36,000 (84,455; +42.43%)
37,000 (78,096; +20.13%)
Max Call OI:
40,000 (1,47,156; +35.84%)
39,000 (1,30,055; +13.67%)
Stock Picks
Bullish Stocks: PVR, HDFC AMC, and INDIA CEMENTS
Bearish Stocks: TORRENT PHARMA, HINDUSTAN COPPER, and HDFC BANK
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 16,800 - 17,000
Bank Nifty may trade between 37,600 - 38,100
That’s all for today!
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