Market Recap
Nifty Futures opened flat, Declined 207 points to Close at 16,887.
Bank Nifty Futures opened flat, Declined 600 points to close at 38,029.
India Vix closed at 21.3 (7%)
FII Bought for INR 590 Cr.
DII Sold for INR 423 Cr.
Volume Gainers: ONGC, NTPC, AIRTEL
Volume Losers: TATA MOTORS, ICICI BANK, ADANI PORTS
Global Markets
Dow Jones Advanced and is at 29666
US VIX is at 30.1 (-4.8%)
NASDAQ Futures Advanced and is currently at 11365
DAX Advanced and is currently at 12333
Nikkei Futures Advanced and is at 26840
Commodity and Currency
Gold Declined and is currently at 1,696
Brent Crude Advanced and is currently at 90.3
USD/INR Advanced and is at 81.53
GBP/INR Advacned and is currently at 92.2
Nifty 50 Technicals
Max Pain: 17, 000 (+0%)
PCR: 0.67
RSI: Bearish
MACD: Bearish
Moving Average: Bearish
ATR: Low Volatile
Max Put OI:
16,800 (76489) 16900 (73435)
Max Call OI:
17000 (1,52,275)
17100 (1,32,765)
Bank Nifty Technicals
Max Pain: 32,800 (1.05%)
PCR: 0.73(-47.6%)
RSI: Bearish
MACD: Bearish
Moving Average: Bearish
ATR: Low Volatile
Max Put OI:
37,000 (74,264)
37,500 (65,055)
Max Call OI:
39,000 (97,867)
38,500 (90,833)
Stock Picks
Bullish Stocks: None
Bearish Stocks: MGL, IGL, LALPATHLAB
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bearish Sentiment
Nifty immediate Support and Resistance stand at 16, 800 and 17,
100
Bank Nifty immediate Support and Resistance stand at 37, 500 and
38, 500
That’s all for today!
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