Market Recap
-
Nifty advanced 0.70% to close at 17107.50
-
Bank Nifty advanced 1.35% to close at 39894.70
-
India VIX declined 5.78% to close at 15.08
Global Data
| Script |
Trend |
Volatility |
| Dow Jones Index |
Bullish |
High Volatility |
| DAX |
Bullish |
High Volatility |
| Gold |
Bearish |
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 |
| 39.19 |
-200.03 |
17362.08 |
17679.81 |
Nifty Open Interest Analysis
| Feature |
Value |
| Support |
16800 |
| Resistance |
19600 |
| PCR |
0.693337 |
Call Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17400 |
9913 |
24.3563 |
50613 |
| 17100 |
5323 |
16.9874 |
36658 |
| 17500 |
3031 |
4.63626 |
68407 |
Put Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17000 |
11336 |
10.9835 |
114545 |
| 17100 |
11273 |
43.9836 |
36903 |
| 17200 |
3749 |
15.702 |
27625 |
Call Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 16900 |
-3300 |
-17.0781 |
16023 |
| 17200 |
-2385 |
-5.85132 |
38375 |
| 18500 |
-1422 |
-5.05546 |
26706 |
Put Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17500 |
-1383 |
-3.39587 |
39343 |
| 17400 |
-739 |
-2.96704 |
24168 |
| 17700 |
-608 |
-2.56248 |
23119 |
Bank Nifty Technicals
| RSI |
MACD |
20 SMA |
50 SMA |
| 44.26 |
-476.27 |
40209.03 |
41081.52 |
Bank Nifty Open Interest Analysis
| Feature |
Value |
| Support |
38700 |
| Resistance |
42800 |
| PCR |
0.648637 |
Call Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 40000 |
6723 |
23.2421 |
35649 |
| 42000 |
3404 |
15.3624 |
25562 |
| 41500 |
3273 |
13.8171 |
26961 |
Put Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 40000 |
9217 |
48.3426 |
28283 |
| 39500 |
5038 |
25.438 |
24843 |
| 39000 |
4748 |
14.5622 |
37353 |
Call Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 39500 |
-4051 |
-18.4598 |
17894 |
| 39400 |
-2113 |
-48.5635 |
2238 |
| 39300 |
-2064 |
-57.7828 |
1508 |
Put Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 40800 |
-611 |
-32.141 |
1290 |
| 43000 |
-269 |
-8.19373 |
3014 |
| 44000 |
-182 |
-1.15953 |
15514 |
Bullish Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Ultratech Cement Limited |
ULTRACEMCO |
1.51% |
7352.75 |
Bearish Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Cipla Limited |
CIPLA |
-0.5% |
862.35 |
| Mahindra & Mahindra Limited |
M&M |
-0.63% |
1160.3 |
| Infosys Limited |
INFY |
-0.92% |
1390.7 |
| Tata Consultancy Services Limited |
TCS |
-1.18% |
3106.1 |
Breakout Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Indiamart Intermesh Ltd |
INDIAMART |
4.04% |
5102.3 |
Positional Long Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Ccl Products (india) Limited |
CCL |
1.11% |
563.35 |
That’s all for today!
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« 21 March 2023 Nifty Analysis