Market Recap
-
Nifty advanced 0.85% to close at 17450.90
-
Bank Nifty advanced 1.07% to close at 40698.15
-
India VIX declined 7.31% to close at 12.99
Global Data
| Script |
Trend |
Volatility |
| Dow Jones Index |
Bearish |
High Volatility |
| DAX |
Bearish |
High Volatility |
| Gold |
Bearish |
Medium Volatility |
| Brent Crude |
Bullish |
Low Volatility |
| USD/INR |
Bullish |
Low Volatility |
| GBP/INR |
Bearish |
Low Volatility |
Nifty Technicals
| RSI |
MACD |
20 SMA |
50 SMA |
| 38.19 |
-139.91 |
17730.95 |
17885.56 |
Nifty Open Interest Analysis
| Feature |
Value |
| Support |
17200 |
| Resistance |
17600 |
| PCR |
0.619578 |
Call Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17500 |
16554 |
65.4826 |
41834 |
| 17800 |
11197 |
58.124 |
30461 |
| 17900 |
7986 |
66.7391 |
19952 |
Put Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17400 |
21805 |
98.7635 |
43883 |
| 17000 |
13032 |
58.1163 |
35456 |
| 17300 |
10617 |
77.9001 |
24246 |
Call Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17300 |
-1561 |
-16.9232 |
7663 |
| 17200 |
-913 |
-19.8134 |
3695 |
| 17100 |
-283 |
-36.9935 |
482 |
Put Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 19000 |
-513 |
-50.3435 |
506 |
| 18700 |
-360 |
-81.0811 |
84 |
| 18900 |
-265 |
-71.6216 |
105 |
Bank Nifty Technicals
| RSI |
MACD |
20 SMA |
50 SMA |
| 44.51 |
-430.09 |
40983.35 |
41762.30 |
Bank Nifty Open Interest Analysis
| Feature |
Value |
| Support |
40100 |
| Resistance |
41500 |
| PCR |
0.695605 |
Call Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 40700 |
12745 |
540.042 |
15105 |
| 40500 |
10409 |
106.508 |
20182 |
| 42000 |
8512 |
72.1539 |
20309 |
Put Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 40500 |
16514 |
351.661 |
21210 |
| 40700 |
11076 |
3164.57 |
11426 |
| 40000 |
11061 |
84.6808 |
24123 |
Call Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 40300 |
-3853 |
-47.195 |
4311 |
| 40200 |
-2578 |
-53.2535 |
2263 |
| 40400 |
-2072 |
-47.7309 |
2269 |
Put Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 43000 |
-16 |
-3.41151 |
453 |
| 43500 |
-1 |
-2.38095 |
41 |
| 46500 |
0 |
0 |
0 |
Bullish Stocks
None
Bearish Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Bharat Petroleum Corporation Limited |
BPCL |
-0.46% |
315.9 |
| Cipla Limited |
CIPLA |
-0.75% |
899.6 |
Breakout Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Procter & Gamble Health Ltd |
PGHL |
4.47% |
4886.05 |
| Finolex Cables Limited |
FINCABLES |
3.88% |
733.05 |
| Indiamart Intermesh Ltd |
INDIAMART |
2.11% |
4951.3 |
Positional Long Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Power Finance Corporation Limited |
PFC |
2.79% |
149.45 |
| Ncc Limited |
NCC |
2.47% |
91.2 |
| Persistent Systems Limited |
PERSISTENT |
2.4% |
4908.1 |
| Mahindra & Mahindra Financial Services Limited |
M&MFIN |
1.31% |
255.1 |
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.
« 01 March 2023 Nifty Analysis