Pre-market Analysis Nifty Bank Nifty 20 April 2023

Market Recap

  • Nifty declined 0.23% to close at 17618.75

  • Bank Nifty declined 0.26% to close at 42154.00

  • India VIX advanced 0.64% to close at 12.15

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
55.98 89.45 17363.72 17508.67

Nifty Open Interest Analysis

Feature Value
Support 17300
Resistance 17800
PCR 0.713218

Call Open Interest Additions

Put Open Interest Additions

Nothing Significant

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

Nothing Significant

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
67.61 471.64 40640.53 40718.98

Bank Nifty Open Interest Analysis

Feature Value
Support 41200
Resistance 42700
PCR 0.699595

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

Nothing Significant

Bullish Stocks

Name Symbol % Change Closing Price
Eicher Motors Limited EICHERMOT 0.8% 3289.6
Oil & Natural Gas Corporation Limited ONGC 0% 160.1
Nestle India Limited NESTLEIND -0.21% 20618.7

Bearish Stocks

Name Symbol % Change Closing Price
Tech Mahindra Limited TECHM -1.1% 1013.9

Breakout Stocks

None

Positional Long Stocks

None

That’s all for today! We are not SEBI Registered Advisors, Trading in Stocks comes with risk, content is for educational purposes, please contact your financial advisor before taking any trades.

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