Market Recap
Nifty Futures opened gap up, Advanced 57 points to Close at 17,331.
Bank Nifty Futures opened gap up, Advanced 172 points to close at 39, 282.
India Vix Declined -1.3% to close at 19.3
FII Bought for INR 279 Cr.
DII Sold for INR 43 Cr.
Volume Gainers: TATA STEEL, ITC, COAL INDIA
Volume Losers: POWER GRID, ONGC, AIRTEL
Global Markets
Dow Jones is Flat at 29977
US VIX Advanced 6.9% and currently at 30.52
DAX is mildly Bearish and currently at 12456
Nikkei is Bearish and currently at 27040
Commodity and Currency
Gold is Flat and is currently at 1,710
Brent Crude Declined and is currently at 95.5
USD/INR Advanced and is at 82.3
GBP/INR Declined and is currently at 91.6
Nifty 50 Technicals
Trend : Positive
Volatility : Neutral
Max Pain: 17, 300
PCR: 1.16
Max Put OI:
17,000 (50, 651, +436%) 16, 500 (45644, +271%)
Max Call OI:
17, 500 (86, 949, +290%)
18, 000 (85, 748, +335%)
Bank Nifty Technicals
Trend : Neutral
Volatility : Neutral
Max Pain: 39, 300
PCR: 0.67
Max Put OI:
38,500 (47, 800, +141%)
38,000 (36, 759, +478%)
Max Call OI:
40, 000 (57956.0 +255%)
39, 500 (40, 793 196%)
Stock Picks
Bullish Stocks: ZYDUSWELL, NMDC, BHARATFORG
Bearish Stocks: GODREJCP, POWERGRID, ICICIPRULI
Summary
Global Markets are Flat
Technicals indicate Neutral to Bullish Sentiment
Nifty immediate Support and Resistance stand at 17, 100 and 17, 500
Bank Nifty immediate Support and Resistance stand at 39, 000 and 39,600
That’s all for today!
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