Market Recap
Nifty Futures closed at 18,424 (+1.83%)
Bank Nifty Futures closed at 42,293 (+1.35%)
India Vix Declined and is at 14.4 (-7.47%)
FII Bought for INR 3,958 Cr.
DII Bought for INR 615 Cr.
Volume Gainers: TATA STEEL, HDFC BANK, and AXIS BANK
Volume Losers: COAL INDIA, ICICI BANK, and NTPC
Global Markets
Dow Jones is Bearish
US VIX is at 22.5 (-4.29%)
DAX is Bullish
Nikkei is Bearish
Global Markets are Bearish
Commodity and Currency
Gold has Declined
Brent Crude has Advanced
USD/INR has Declined
GBP/INR has Declined
Nifty 50 Technicals
Trend : Bullish
Volatility : Low
Max Pain: 18,300 (+300)
PCR: 1.13 (+0.05)
BP : 0.41 (+0.18)
Max Put Addition: 18,400 (1,646%)
Max Put Unwinding: 18,100 (114%)
Max Call Addition: 18,400 (70%)
Max Call Unwinding: 18,200 (57%)
Immediate Support Resistance Stands at 18,200 and 18,500
Bank Nifty Technicals
Trend : Bullish
Volatility : Low
Max Pain: 42,100 (+500)
PCR: 1.01 (+0.40)
BP : 0.55 (+0.25)
Max Put Addition: 42,100 (8,004%)
Max Put Unwinding: 41,700 (194%)
Max Call Addition: 42,300 (476%)
Max Call Unwinding: 41,700 (67%)
Immediate Support and Resistance stand at 41,900 and 42,500
Stock Picks
Bullish Stocks: ISEC, LTI, HINDZINC
Bearish Stocks: GNFC, INDHOTEL, and BATAINDIA
That’s all for today!
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