Pre-market Analysis Nifty Bank Nifty 04 April 2023

Market Recap

  • Nifty advanced 0.22% to close at 17398.05

  • Bank Nifty advanced 0.50% to close at 40813.05

  • India VIX declined 2.71% to close at 12.59

Global Data

Script Trend Volatility
Dow Jones Index Bullish High Volatility
DAX Bearish High Volatility
Gold Bearish High Volatility
Brent Crude Bullish Low Volatility
USD/INR Bearish Low Volatility
GBP/INR Bullish Low Volatility

Nifty Technicals

RSI MACD 20 SMA 50 SMA
53.81 -110.25 17218.19 17542.01

Nifty Open Interest Analysis

Feature Value
Support 17000
Resistance 17500
PCR 0.604122

Call Open Interest Additions

Strike Price Change in Open Interest % Change Open Interest
17700 7530 93.1815 15611
17500 6326 67.4701 15702
17600 5826 42.3678 19577

Put Open Interest Additions

Strike Price Change in Open Interest % Change Open Interest
17000 5793 61.7986 15167
17400 5532 160.348 8982
17300 4912 68.7474 12057

Call Open Interest Reductions

Strike Price Change in Open Interest % Change Open Interest
17200 -832 -15.6303 4491
17300 -392 -6.13651 5996
17000 -217 -8.43701 2355

Put Open Interest Reductions

Strike Price Change in Open Interest % Change Open Interest
19100 0 0 0
18900 0 0 0
18800 0 0 0

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
57.26 -183.99 40063.92 40705.48

Bank Nifty Open Interest Analysis

Feature Value
Support 39400
Resistance 40900
PCR 0.59004

Call Open Interest Additions

Strike Price Change in Open Interest % Change Open Interest
42500 6760 121.452 12326
41000 6130 92.3888 12765
41500 5950 103.604 11693

Put Open Interest Additions

Strike Price Change in Open Interest % Change Open Interest
40500 6251 108.242 12026
40000 5487 135.649 9532
40800 5052 859.184 5640

Call Open Interest Reductions

Strike Price Change in Open Interest % Change Open Interest
40600 -950 -33.0665 1923
40000 -398 -14.6001 2328
40400 -190 -24.5478 584

Put Open Interest Reductions

Strike Price Change in Open Interest % Change Open Interest
39700 -22 -1.35886 1597
46500 0 0 0
42600 0 0 0

Bullish Stocks

Name Symbol % Change Closing Price
Titan Company Limited TITAN 0.89% 2537.4
Icici Bank Limited ICICIBANK 0.75% 883.8
Dr. Reddy’s Laboratories Limited DRREDDY 0.73% 4656.5

Bearish Stocks

None

Breakout Stocks

None

Positional Long Stocks

None

That’s all for today!

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