Pre-market Analysis Nifty Bank Nifty 09 May 2023

Market Recap

  • Nifty advanced 1.08% to close at 18264.40

  • Bank Nifty advanced 1.46% to close at 43284.00

  • India VIX advanced 2.77% to close at 12.64

Global Data

Script Trend Volatility
Dow Jones Index Bullish Low Volatility
DAX Bullish Low Volatility
Gold Bearish 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
68.58 195.43 17847.66 17530.92

Nifty Open Interest Analysis

Feature Value
Support 18100
Resistance 18600
PCR 0.700454

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

Nothing Significant

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
64.35 671.02 42433.81 41078.00

Bank Nifty Open Interest Analysis

Feature Value
Support 42600
Resistance 44100
PCR 0.759887

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Put Open Interest Reductions

Nothing Significant

Bullish Stocks

Name Symbol % Change Closing Price
Grasim Industries Limited GRASIM 1.48% 1778.35
Hero Motocorp Limited HEROMOTOCO 1.14% 2576.35
NIFTY NIFTY 1.08% 18264.4
Cipla Limited CIPLA 0.92% 933.3
SBI Life Insurance Company Ltd SBILIFE 0.74% 1182.35
Itc Limited ITC 0.63% 431.45
Asian Paints Limited ASIANPAINT 0.22% 3019.45

Bearish Stocks

Name Symbol % Change Closing Price
Sun Pharmaceuticals Industries Limited SUNPHARMA -0.89% 961.85

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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