Pre-market Analysis Nifty Bank Nifty 28 April 2023

Market Recap

  • Nifty advanced 0.57% to close at 17915.05

  • Bank Nifty advanced 0.40% to close at 43000.85

  • India VIX declined 1.95% to close at 11.43

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
67.02 114.91 17569.72 17504.15

Nifty Open Interest Analysis

Feature Value
Support 17600
Resistance 18100
PCR 0.572354

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Put Open Interest Reductions

Nothing Significant

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
73.53 636.36 41523.85 40867.09

Bank Nifty Open Interest Analysis

Feature Value
Support 42200
Resistance 43700
PCR 0.724564

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
Larsen & Toubro Limited LT 1.29% 2305.6
Jsw Steel Limited JSWSTEEL 1.2% 732.1
TATA Consumer Products Ltd TATACONSUM 0.98% 754
Itc Limited ITC 0.91% 416
Mahindra & Mahindra Limited M&M 0.86% 1224
Titan Company Limited TITAN 0.85% 2663.45
Tata Motors Limited TATAMOTORS 0.71% 481.6
Reliance Industries Limited RELIANCE 0.63% 2377.05
Nestle India Limited NESTLEIND 0.58% 21147.3
NIFTY NIFTY 0.57% 17915
Eicher Motors Limited EICHERMOT 0.47% 3263.55
Icici Bank Limited ICICIBANK 0.37% 918.35
Britannia Industries Limited BRITANNIA 0.25% 4415.85

Bearish Stocks

None

Breakout Stocks

Name Symbol % Change Closing Price
Nhpc Limited NHPC 1.24% 44.85
Itc Limited ITC 0.91% 416
Nestle India Limited NESTLEIND 0.58% 21147.3
Polycab India Ltd POLYCAB 0.35% 3189

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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