Pre-market Analysis Nifty Bank Nifty 24 May 2023

Market Recap

  • Nifty advanced 0.18% to close at 18348.00

  • Bank Nifty advanced 0.16% to close at 43954.45

  • India VIX advanced 0.28% to close at 12.60

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
64.06 155.49 18172.27 17692.48

Nifty Open Interest Analysis

Feature Value
Support 18000
Resistance 18500
PCR 0.753268

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
65.67 565.09 43453.62 41787.72

Bank Nifty Open Interest Analysis

Feature Value
Support 43200
Resistance 44700
PCR 0.762039

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

Nothing Significant

Bullish Stocks

None

Bearish Stocks

Name Symbol % Change Closing Price
Hdfc Bank Limited HDFCBANK -0.23% 1637.2
Larsen & Toubro Limited LT -0.85% 2197.65

Breakout Stocks

Name Symbol % Change Closing Price
Torrent Pharmaceuticals Limited TORNTPHARM 1.27% 1691.1

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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