Market Recap
-
Nifty declined 0.77% to close at 16945.05
-
Bank Nifty declined 0.56% to close at 39395.35
-
India VIX advanced 5.18% to close at 15.24
Global Data
| Script |
Trend |
Volatility |
| Dow Jones Index |
Bullish |
High Volatility |
| DAX |
Bearish |
High Volatility |
| Gold |
Bearish |
Medium Volatility |
| Brent Crude |
Bullish |
Low Volatility |
| USD/INR |
Bullish |
Low Volatility |
| GBP/INR |
Bullish |
Low Volatility |
Nifty Technicals
| RSI |
MACD |
20 SMA |
50 SMA |
| 35.45 |
-189.14 |
17276.16 |
17625.06 |
Nifty Open Interest Analysis
| Feature |
Value |
| Support |
16500 |
| Resistance |
17000 |
| PCR |
0.783431 |
Call Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17000 |
7101 |
135 |
12361 |
| 17200 |
7009 |
81.4716 |
15612 |
| 17500 |
5677 |
34.0634 |
22343 |
Put Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 16500 |
5037 |
89.8341 |
10644 |
| 16900 |
3906 |
101.613 |
7750 |
| 17000 |
3856 |
39.81 |
13542 |
Call Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17800 |
-722 |
-10.3885 |
6228 |
| 17900 |
-151 |
-0.652071 |
23006 |
| 18800 |
-12 |
-27.907 |
31 |
Put Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 17600 |
-326 |
-44.9655 |
399 |
| 17200 |
-164 |
-2.68412 |
5946 |
| 18000 |
-39 |
-7.64706 |
471 |
Bank Nifty Technicals
| RSI |
MACD |
20 SMA |
50 SMA |
| 39.79 |
-428.11 |
40126.04 |
40925.14 |
Bank Nifty Open Interest Analysis
| Feature |
Value |
| Support |
38800 |
| Resistance |
40300 |
| PCR |
0.832827 |
Call Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 39500 |
7498 |
371.74 |
9515 |
| 41000 |
4959 |
99.6183 |
9937 |
| 39700 |
4369 |
550.946 |
5162 |
Put Open Interest Additions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 39500 |
5433 |
137.093 |
9396 |
| 39600 |
4120 |
674.304 |
4731 |
| 39700 |
3900 |
773.81 |
4404 |
Call Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 42000 |
-1054 |
-23.6482 |
3403 |
| 42900 |
-31 |
-8.75706 |
323 |
| 37900 |
0 |
0 |
0 |
Put Open Interest Reductions
| Strike Price |
Change in Open Interest |
% Change |
Open Interest |
| 39800 |
-233 |
-7.36177 |
2932 |
| 40600 |
-22 |
-8.33333 |
242 |
| 41500 |
-17 |
-3.71179 |
441 |
Bullish Stocks
None
Bearish Stocks
| Name |
Symbol |
% Change |
Closing Price |
| Infosys Limited |
INFY |
0.44% |
1380.65 |
| Wipro Limited |
WIPRO |
0.07% |
361.75 |
| Tata Consultancy Services Limited |
TCS |
-0.13% |
3120.5 |
| NIFTY |
NIFTY |
-0.77% |
16945.1 |
| Indusind Bank Limited |
INDUSINDBK |
-0.85% |
1009.55 |
| Britannia Industries Limited |
BRITANNIA |
-1.01% |
4199.95 |
| Mahindra & Mahindra Limited |
M&M |
-1.21% |
1150.8 |
| Maruti Suzuki India Limited |
MARUTI |
-1.32% |
8242.9 |
| Hcl Technologies Limited |
HCLTECH |
-1.33% |
1051.75 |
| State Bank Of India |
SBIN |
-1.44% |
505.35 |
| Jsw Steel Limited |
JSWSTEEL |
-1.5% |
657.8 |
| Upl Limited |
UPL |
-1.8% |
696.9 |
| Reliance Industries Limited |
RELIANCE |
-1.98% |
2203.3 |
| Hero Motocorp Limited |
HEROMOTOCO |
-2.08% |
2313.35 |
| Coal India Limited |
COALINDIA |
-2.3% |
208.45 |
| Hindalco Industries Limited |
HINDALCO |
-2.61% |
388.4 |
| Tata Steel Limited |
TATASTEEL |
-2.67% |
102.1 |
| Bajaj Finance Limited |
BAJFINANCE |
-3.15% |
5649.25 |
| Bajaj Finserv Limited |
BAJAJFINSV |
-3.83% |
1240.65 |
Breakout Stocks
None
Positional Long Stocks
None
That’s all for today!
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« 24 March 2023 Nifty Analysis