Pre-market Analysis Nifty Bank Nifty 06 July 2023

Market Recap

  • Nifty advanced 0.05% to close at 19398.50

  • Bank Nifty declined 0.33% to close at 45151.80

  • India VIX advanced 1.56% to close at 11.88

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
76.69 230.87 18857.88 18513.81

Nifty Open Interest Analysis

Feature Value
Support 18900
Resistance 19400
PCR 0.909651

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
67.90 357.21 44135.48 43840.60

Bank Nifty Open Interest Analysis

Feature Value
Support 44400
Resistance 45900
PCR 0.721882

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
Nestle India Limited NESTLEIND 1.22% 22899.9
Titan Company Limited TITAN 0.82% 3099.85
Mahindra & Mahindra Limited M&M 0.74% 1475.35
Larsen & Toubro Limited LT 0.36% 2470.8
Tata Consultancy Services Limited TCS 0.34% 3319.95

Bearish Stocks

Name Symbol % Change Closing Price
Upl Limited UPL -1.06% 669.8

Breakout Stocks

Name Symbol % Change Closing Price
Muthoot Finance Limited MUTHOOTFIN 1.45% 1260.1
Shriram Finance Ltd SHRIRAMFIN 1.38% 1802.25
Sundaram Finance Limited SUNDARMFIN 0.58% 2650.4

Positional Long Stocks

Name Symbol % Change Closing Price
Mrf Limited MRF 1.05% 100191
Lemon Tree Hotels Ltd LEMONTREE 0.75% 93.65
Sonata Software Limited SONATSOFTW 0.43% 999.05

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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