Market Recap
Nifty Futures closed at 17241 (-0.43%)
Bank Nifty Futures closed at 39093 (-0.22%)
India Vix Declined is at 19.2 (4.3%)
FII Sold for INR 2139 Cr.
DII Bought for INR 2137 Cr.
Volume Gainers: AXIS BANK, SBI, WIPRO
Volume Losers: TATA MOTORS, ITC, HDFC BANK
Global Markets
Dow Jones is Flat
US VIX Advanced 1.09% and currently at 32.45
DAX is Flat
Nikkei is Bearish
Commodity and Currency
Gold has Advanced
Brent Crude has Advanced
USD/INR is Flat
GBP/INR has Advanced
Nifty 50 Technicals
Trend : Positive
Volatility : High
Max Pain: 17, 300
PCR: 1.13
BP : 0.22
Max Put Addition: 17100 (117%)
Max Put Unwinding: 17300 (40%)
Max Call Addition: 17100 (1032%)
Max Call Unwinding: NA
Bank Nifty Technicals
Trend : Bullish
Volatility : High
Max Pain: 39, 100
PCR: 0.86
BP : 0.40
Max Put Addition: 38700 (164%)
Max Put Unwinding: NA
Max Call Addition: 38700 (184%)
Max Call Unwinding: NA
Stock Picks
Bullish Stocks: TATACHEM, JYOTHYLAB, IDFC
Summary
Global Markets are Bearish
Technicals indicate Bullish Sentiment
Nifty immediate Support and Resistance stand at 17, 000 and 17, 400
Bank Nifty immediate Support and Resistance stand at 38, 500 and 39,500
That’s all for today!
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