Market Recap
-
Nifty declined 2.12% to close at 17043.30
-
Bank Nifty declined 2.65% to close at 39411.40
-
India VIX advanced 0.02% to close at 16.22
Global Data
| Script |
Trend |
Volatility |
| Dow Jones Index |
Bullish |
High Volatility |
| DAX |
Bullish |
High Volatility |
| Gold |
Bullish |
Medium Volatility |
| Brent Crude |
Bearish |
Low Volatility |
| USD/INR |
Bearish |
Low Volatility |
| GBP/INR |
Bearish |
Low Volatility |
Nifty Technicals
| RSI |
MACD |
20 SMA |
50 SMA |
| 32.79 |
-132.45 |
17623.74 |
17802.24 |
Nifty Open Interest Analysis
| Feature |
Value |
| Support |
16600 |
| Resistance |
17400 |
| PCR |
0.436783 |
Call Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17100 |
17522 |
975.07 |
19319 |
| 17500 |
8641 |
47.6219 |
26786 |
| 17200 |
8575 |
174.964 |
13476 |
Put Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17100 |
10774 |
170.259 |
17102 |
| 17000 |
4207 |
45.5846 |
13436 |
| 16900 |
4003 |
65.1954 |
10143 |
Call Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 18600 |
-307 |
-25.2883 |
907 |
| 19200 |
-5 |
-3.93701 |
122 |
| 19400 |
-4 |
-8.69565 |
42 |
Put Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17400 |
-2173 |
-38.0427 |
3539 |
| 17300 |
-2103 |
-31.6621 |
4539 |
| 17500 |
-560 |
-16.3313 |
2869 |
Bank Nifty Technicals
| RSI |
MACD |
20 SMA |
50 SMA |
| 34.36 |
-273.40 |
40785.17 |
41496.86 |
Bank Nifty Open Interest Analysis
| Feature |
Value |
| Support |
39100 |
| Resistance |
41400 |
| PCR |
0.445006 |
Call Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 41000 |
5714 |
41.9869 |
19323 |
| 40500 |
5412 |
53.8133 |
15469 |
| 39500 |
4329 |
157.705 |
7074 |
Put Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 38000 |
4472 |
97.154 |
9075 |
| 38200 |
1451 |
181.602 |
2250 |
| 39300 |
1390 |
134.3 |
2425 |
Call Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 45000 |
-650 |
-35.872 |
1162 |
| 42100 |
-589 |
-57.8585 |
429 |
| 42500 |
-523 |
-7.72412 |
6248 |
Put Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 40500 |
-1615 |
-29.0155 |
3951 |
| 40000 |
-1098 |
-20.4355 |
4275 |
| 40100 |
-699 |
-45.4486 |
839 |
Bullish Stocks
None
Bearish Stocks
| Name |
Symbol |
% Change |
Closing Price |
| TATA Consumer Products Ltd |
TATACONSUM |
-0.12% |
693.3 |
| Reliance Industries Limited |
RELIANCE |
-0.37% |
2275.95 |
| Hero Motocorp Limited |
HEROMOTOCO |
-0.57% |
2373.45 |
| Bajaj Finserv Limited |
BAJAJFINSV |
-1.17% |
1280.55 |
| Asian Paints Limited |
ASIANPAINT |
-1.39% |
2745.6 |
| Kotak Mahindra Bank Limited |
KOTAKBANK |
-1.53% |
1648.25 |
| Tata Consultancy Services Limited |
TCS |
-2.04% |
3214.95 |
| Mahindra & Mahindra Limited |
M&M |
-2.74% |
1160.8 |
Breakout Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Sonata Software Limited |
SONATSOFTW |
4.4% |
834.6 |
Positional Long Stocks
None
That’s all for today!
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« 14 March 2023 Nifty Analysis