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, ADANIENT, ASIANPAINT
Volume Losers: TATA STEEL, INDUSIND, COAL INDIA
Global Markets
Dow Jones is Flat
US VIX Advanced 1.18% and currently at 33.6
DAX is Bearish
Nikkei is Bearish
Commodity and Currency
Gold has Declined
Brent Crude has Declined
USD/INR has Advanced
GBP/INR has Declined
Nifty 50 Technicals
Trend : Negative
Volatility : High
Max Pain: 17, 000
PCR: 0.86
BP : 2.37
Max Put Addition: 16800 (29%)
Max Put Unwinding: 17200 (43%)
Max Call Addition: 16900 (189%)
Max Call Unwinding: 17100 (120%)
Bank Nifty Technicals
Trend : Bearish
Volatility : High
Max Pain: 38, 700
PCR: 1.02
BP : 2.90
Max Put Addition: NA
Max Put Unwinding: 39100 (45%)
Max Call Addition: 38900 (241%)
Max Call Unwinding: NA
Stock Picks
Bullish Stocks: KALPATPOWR, SPARC
Bearish Stocks : BPCL, SBILIFE, DIVISLAB
Summary
Global Markets are Bearish
Technicals indicate Bullish Sentiment
Nifty immediate Support and Resistance stand at 16, 900 and 17, 200
Bank Nifty immediate Support and Resistance stand at 38, 500 and
39,100
That’s all for today!
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