Market Recap
Nifty Futures opened gap up, Advanced 386 points to Close at 17,274.
Bank Nifty Futures opened gap up, Advanced 1080 points to close at 39, 110.
India Vix closed at 19.5 (-8%)
FII Bought for INR 1344 Cr.
DII Bought for INR 945 Cr.
Volume Gainers: TATA STEEL, TATA MOTORS, COAL INDIA
Volume Losers: POWER GRID, DRREDDY
Global Markets
Dow Jones Advanced and is at 30470
US VIX is at 28 (-1.7%)
NASDAQ Futures Advanced and is currently at 11707
DAX Advanced and is currently at 12708
Nikkei Futures Advanced and is at 27390
Commodity and Currency
Gold Advanced and is currently at 1,721
Brent Crude Declined and is currently at 94.6
USD/INR Declined and is at 81.53
GBP/INR Advanced and is currently at 92.73
Nifty 50 Technicals
Max Pain: 17, 200
PCR: 1.2
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
17,000 (1,41,404) 17200 (1,38,000)
Max Call OI:
17500 (1,58,119)
17600 (93,129)
Bank Nifty Technicals
Max Pain: 39, 000
PCR: 1.08
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
37,000 (1,08,058)
38,000 (98,531)
Max Call OI:
41,000 (1,08,574)
40,000 (1,05,826)
Stock Picks
Bullish Stocks: Zydus Life Sciences
Bearish Stocks: None
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bearish Sentiment
Nifty immediate Support and Resistance stand at 17, 200 and 17, 500
Bank Nifty immediate Support and Resistance stand at 38, 700 and
39,700
That’s all for today!
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