Pre-market Analysis Nifty Bank Nifty 02 June 2023

Market Recap

  • Nifty declined 0.25% to close at 18487.75

  • Bank Nifty declined 0.77% to close at 43790.20

  • India VIX declined 3.13% to close at 11.60

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
62.52 172.87 18337.48 17861.44

Nifty Open Interest Analysis

Feature Value
Support 18300
Resistance 18800
PCR 0.482282

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
55.90 440.67 43751.14 42339.00

Bank Nifty Open Interest Analysis

Feature Value
Support 43000
Resistance 44500
PCR 0.463262

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
Sun Pharmaceuticals Industries Limited SUNPHARMA 1.27% 987.7
Cipla Limited CIPLA 1.23% 964.75
Nestle India Limited NESTLEIND 0.93% 21874.3
Wipro Limited WIPRO 0.87% 407.15
Bajaj Finance Limited BAJFINANCE 0.72% 7040.5

Bearish Stocks

Name Symbol % Change Closing Price
Hdfc Bank Limited HDFCBANK -0.43% 1604
Oil & Natural Gas Corporation Limited ONGC -0.81% 153.65

Breakout Stocks

Name Symbol % Change Closing Price
IDFC First Bank Ltd IDFCFIRSTB 1.33% 72.6
Bajaj Finance Limited BAJFINANCE 0.72% 7040.5
Persistent Systems Limited PERSISTENT 0.68% 5173.5
Bharat Electronics Limited BEL 0.67% 112.9

Positional Long Stocks

Name Symbol % Change Closing Price
Supreme Industries Limited SUPREMEIND 0.85% 2785.95

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.

Recent Articles :

Pre-market Analysis Nifty Bank Nifty 19 September 2024
Pre-market Analysis Nifty Bank Nifty 18 September 2024
Pre-market Analysis Nifty Bank Nifty 17 September 2024
Pre-market Analysis Nifty Bank Nifty 13 September 2024
Pre-market Analysis Nifty Bank Nifty 12 September 2024