Market Recap
-
Nifty advanced 0.24% to close at 17754.40
-
Bank Nifty advanced 0.55% to close at 41577.10
-
India VIX advanced 1.49% to close at 12.45
Global Data
| Script |
Trend |
Volatility |
| Dow Jones Index |
Bearish |
High Volatility |
| DAX |
Bullish |
High Volatility |
| Gold |
Bearish |
Medium Volatility |
| Brent Crude |
Bearish |
Low Volatility |
| USD/INR |
Bearish |
Low Volatility |
| GBP/INR |
Bullish |
Low Volatility |
Nifty Technicals
| RSI |
MACD |
20 SMA |
50 SMA |
| 51.72 |
-93.82 |
17702.53 |
17850.24 |
Nifty Open Interest Analysis
| Feature |
Value |
| Support |
17400 |
| Resistance |
18000 |
| PCR |
0.62528 |
Call Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17700 |
17636 |
173.925 |
27776 |
| 18000 |
14198 |
56.0765 |
39517 |
| 18200 |
13399 |
144.729 |
22657 |
Put Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17700 |
22087 |
171.803 |
34943 |
| 17600 |
14914 |
120.898 |
27250 |
| 17500 |
13215 |
87.0553 |
28395 |
Call Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 18700 |
-1890 |
-63.6149 |
1081 |
| 17300 |
-10 |
-0.851064 |
1165 |
| 18900 |
40 |
43.956 |
131 |
Put Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 19500 |
0 |
0 |
0 |
| 19300 |
0 |
0 |
0 |
| 19200 |
0 |
0 |
8 |
Bank Nifty Technicals
| RSI |
MACD |
20 SMA |
50 SMA |
| 56.30 |
-175.76 |
40960.06 |
41652.55 |
Bank Nifty Open Interest Analysis
| Feature |
Value |
| Support |
40800 |
| Resistance |
41900 |
| PCR |
0.76568 |
Call Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 42000 |
7591 |
43.7471 |
24943 |
| 41500 |
7564 |
61.6413 |
19835 |
| 41600 |
5322 |
106.975 |
10297 |
Put Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 41000 |
11460 |
102.468 |
22644 |
| 41500 |
9598 |
144.049 |
16261 |
| 41300 |
8871 |
179.14 |
13823 |
Call Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 40300 |
-50 |
-13.3333 |
325 |
| 40200 |
-8 |
-3.50877 |
220 |
| 43300 |
0 |
0 |
0 |
Put Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 42400 |
-13 |
-0.782661 |
1648 |
| 42700 |
-1 |
-4.34783 |
22 |
| 46500 |
0 |
0 |
0 |
Bullish Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Indusind Bank Limited |
INDUSINDBK |
4.79% |
1174.25 |
| Adani Ports And Special Economic Zone Limited |
ADANIPORTS |
3.08% |
712.05 |
| Ntpc Limited |
NTPC |
1.16% |
178.85 |
| Itc Limited |
ITC |
1.09% |
392.4 |
| State Bank Of India |
SBIN |
0.55% |
564.8 |
| Power Grid Corporation Of India Limited |
POWERGRID |
0.4% |
228.05 |
Bearish Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Divi’s Laboratories Limited |
DIVISLAB |
-0.43% |
2834.5 |
| Bajaj Finance Limited |
BAJFINANCE |
-2.25% |
5996.85 |
Breakout Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Aegis Logistics Limited |
AEGISCHEM |
4.86% |
391.75 |
| Power Finance Corporation Limited |
PFC |
4.11% |
168.4 |
| Bosch Limited |
BOSCHLTD |
3.47% |
18724 |
| Cummins India Limited |
CUMMINSIND |
2.43% |
1669 |
| Abb India Limited |
ABB |
1.85% |
3379.85 |
| Oil India Limited |
OIL |
1.58% |
266.75 |
| Blue Star Limited |
BLUESTARCO |
1.32% |
1501.15 |
Positional Long Stocks
None
That’s all for today!
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« 08 March 2023 Nifty Analysis