Market Recap
-
Nifty advanced 1.57% to close at 17594.35
-
Bank Nifty advanced 2.13% to close at 41251.35
-
India VIX declined 6.09% to close at 12.18
Global Data
| Script |
Trend |
Volatility |
| Dow Jones Index |
Bullish |
High Volatility |
| DAX |
Bullish |
High Volatility |
| Gold |
Bullish |
Medium Volatility |
| Brent Crude |
Bullish |
Low Volatility |
| USD/INR |
Bearish |
Low Volatility |
| GBP/INR |
Bullish |
Low Volatility |
Nifty Technicals
| RSI |
MACD |
20 SMA |
50 SMA |
| 46.16 |
-138.43 |
17703.54 |
17857.35 |
Nifty Open Interest Analysis
| Feature |
Value |
| Support |
17300 |
| Resistance |
17700 |
| PCR |
0.472984 |
Call Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17900 |
7184 |
148.277 |
12029 |
| 17800 |
6422 |
88.5427 |
13675 |
| 18200 |
3384 |
170.995 |
5363 |
Put Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17500 |
6005 |
203.49 |
8956 |
| 17400 |
5384 |
262.123 |
7438 |
| 17600 |
3637 |
623.842 |
4220 |
Call Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17500 |
-4381 |
-49.7276 |
4429 |
| 17400 |
-1366 |
-39.8949 |
2058 |
| 19200 |
-7 |
-7 |
93 |
Put Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 18000 |
-24 |
-5.50459 |
412 |
| 18200 |
-17 |
-12.8788 |
115 |
| 19500 |
0 |
0 |
0 |
Bank Nifty Technicals
| RSI |
MACD |
20 SMA |
50 SMA |
| 52.57 |
-334.44 |
40956.96 |
41675.52 |
Bank Nifty Open Interest Analysis
| Feature |
Value |
| Support |
40200 |
| Resistance |
41800 |
| PCR |
0.843393 |
Call Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 43000 |
5531 |
0 |
5531 |
| 42000 |
4138 |
78.774 |
9391 |
| 42500 |
3275 |
0 |
3275 |
Put Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 40000 |
4801 |
175.475 |
7537 |
| 41300 |
4610 |
8537.04 |
4664 |
| 41000 |
4149 |
605.693 |
4834 |
Call Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 41500 |
-897 |
-14.7752 |
5174 |
| 40000 |
-450 |
-33.1126 |
909 |
| 40600 |
-400 |
-30.0526 |
931 |
Put Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 46500 |
0 |
0 |
0 |
| 42800 |
0 |
0 |
0 |
| 42900 |
0 |
0 |
0 |
Bullish Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Adani Enterprises Limited |
ADANIENT |
16.94% |
1879.5 |
| State Bank Of India |
SBIN |
5.14% |
561.2 |
Bearish Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Cipla Limited |
CIPLA |
-0.88% |
878.65 |
Breakout Stocks
None
Positional Long Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Indian Bank |
INDIANB |
6.45% |
292.2 |
| Itc Limited |
ITC |
2.5% |
384.95 |
| Jindal Steel & Power Limited |
JINDALSTEL |
2.18% |
589.05 |
That’s all for today!
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« 05 March 2023 Nifty Analysis