Market Recap
-
Nifty declined 0.51% to close at 17303.95
-
Bank Nifty declined 0.09% to close at 40269.05
-
India VIX advanced 1.05% to close at 14.02
Global Data
| Script |
Trend |
Volatility |
| Dow Jones Index |
Bearish |
High Volatility |
| DAX |
Bearish |
High Volatility |
| Gold |
Bullish |
Medium Volatility |
| Brent Crude |
Bullish |
Low Volatility |
| USD/INR |
Bearish |
Low Volatility |
| GBP/INR |
Bearish |
Low Volatility |
Nifty Technicals
| RSI |
MACD |
20 SMA |
50 SMA |
| 30.44 |
-135.63 |
17739.22 |
17904.25 |
Nifty Open Interest Analysis
| Feature |
Value |
| Support |
17200 |
| Resistance |
18800 |
| PCR |
0.528605 |
Call Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17400 |
13077 |
96.1403 |
26679 |
| 17500 |
9409 |
59.2842 |
25280 |
| 17700 |
8741 |
59.4181 |
23452 |
Put Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17200 |
7876 |
79.1876 |
17822 |
| 16900 |
7364 |
149.341 |
12295 |
| 17400 |
6863 |
45.1068 |
22078 |
Call Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 18100 |
-26 |
-0.299954 |
8642 |
| 19100 |
-24 |
-23.0769 |
80 |
| 18600 |
19 |
1.58465 |
1218 |
Put Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 18100 |
-189 |
-34.2391 |
363 |
| 18200 |
-7 |
-2.85714 |
238 |
| 18400 |
-1 |
-1.72414 |
57 |
Bank Nifty Technicals
| RSI |
MACD |
20 SMA |
50 SMA |
| 37.24 |
-470.68 |
40974.10 |
41816.62 |
Bank Nifty Open Interest Analysis
| Feature |
Value |
| Support |
38800 |
| Resistance |
40600 |
| PCR |
0.624621 |
Call Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 41000 |
6616 |
69.205 |
16176 |
| 40300 |
5410 |
196.442 |
8164 |
| 40800 |
4026 |
175.348 |
6322 |
Put Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 39000 |
5345 |
48.1792 |
16439 |
| 40300 |
3986 |
235.579 |
5678 |
| 40000 |
3748 |
40.2405 |
13062 |
Call Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 46500 |
-739 |
-66.278 |
376 |
| 41600 |
-200 |
-8.65426 |
2111 |
| 40100 |
-154 |
-9.09628 |
1539 |
Put Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 39600 |
-1801 |
-46.4056 |
2080 |
| 40800 |
-170 |
-35.7895 |
305 |
| 43000 |
-98 |
-17.284 |
469 |
Bullish Stocks
None
Bearish Stocks
| Name |
Symbol |
% Change |
Closing Price |
| NIFTY |
NIFTY |
-0.51% |
17303.9 |
| Hero Motocorp Limited |
HEROMOTOCO |
-0.76% |
2419.1 |
| Eicher Motors Limited |
EICHERMOT |
-0.8% |
3105.9 |
| Sun Pharmaceuticals Industries Limited |
SUNPHARMA |
-0.88% |
956.6 |
| Divi’s Laboratories Limited |
DIVISLAB |
-1.15% |
2825.6 |
| Titan Company Limited |
TITAN |
-1.17% |
2372.8 |
| Reliance Industries Limited |
RELIANCE |
-1.91% |
2322.55 |
| Jsw Steel Limited |
JSWSTEEL |
-1.95% |
667.2 |
| Upl Limited |
UPL |
-1.99% |
694.2 |
| Tata Steel Limited |
TATASTEEL |
-2.03% |
103.95 |
| Hindalco Industries Limited |
HINDALCO |
-3.06% |
399.2 |
| Cipla Limited |
CIPLA |
-4.61% |
906.4 |
Breakout Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Equitas Small Finance Bank Ltd |
EQUITASBNK |
2.95% |
71.5 |
| Symphony Limited |
SYMPHONY |
2.14% |
1169.3 |
Positional Long Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Jindal Stainless Limited |
JSL |
3.75% |
267 |
| Ccl Products (india) Limited |
CCL |
1.98% |
546.95 |
| Carborundum Universal Limited |
CARBORUNIV |
1.17% |
978.9 |
That’s all for today!
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« 28 February 2023 Nifty Analysis