Pre-market Analysis Nifty Bank Nifty 11 November 2022

Market Recap

Nifty Futures closed at 18,093 (-0.68%)

Bank Nifty Futures closed at 41,731 (-0.47%)

India Vix Declined and is at 15.5 (-2.18%)

FII Bought for INR 36 Cr.

DII Sold for INR 967 Cr.

Volume Gainers: ONGC, ADANI PORTS, and HDFC BANK

Volume Losers: TATA STEEL, TATA MOTORS, and ITC

Global Markets

Dow Jones is Bullish

US VIX is at 23.5 (-9.81%)

DAX is Bullish

Nikkei is Bullish

Global Markets are Bullish

Commodity and Currency

Gold has Declined

Brent Crude has Advanced

USD/INR is Flat

GBP/INR has Declined

Nifty 50 Technicals

Trend : Bullish

Volatility : Low

Max Pain: 18,000 (-200)

PCR: 1.08 (+0.53)

BP : 0.41 (+0.22)

Max Put Addition: 18,000 (365%)

Max Put Unwinding: NA

Max Call Addition: 17,900 (884%)

Max Call Unwinding: 18,100 (252%)

Immediate Support Resistance Stands at 17,800 and 18,000

Bank Nifty Technicals

Trend : Bullish

Volatility : Low

Max Pain: 41,600 (-100)

PCR: 0.7 (-0.10)

BP : 0.30 (-0.21)

Max Put Addition: 41,600 (251%)

Max Put Unwinding: 41,900 (68%)

Max Call Addition: 41,600 (837%)

Max Call Unwinding: 41,800 (59%)

Immediate Support and Resistance stand at 41,500 and 42,000

Stock Picks

Bullish Stocks: NIACL, JUBLINGREA, ENDURANCE

Bearish Stocks: AUROPHARMA, GNFC, and EXIDEIND

That’s all for today!

We are not SEBI Registered Advisors, Trading in Stocks comes with risk, content is for educational purposes, please contact your financial advisor before taking any trades.

«10 November Nifty Analysis

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