Pre-market Analysis Nifty Bank Nifty 12 July 2023

Market Recap

  • Nifty advanced 0.43% to close at 19439.40

  • Bank Nifty declined 0.26% to close at 44745.05

  • India VIX declined 3.93% to close at 11.01

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
71.20 248.45 19012.81 18635.04

Nifty Open Interest Analysis

Feature Value
Support 19300
Resistance 19800
PCR 0.814877

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
57.26 349.24 44318.83 44003.15

Bank Nifty Open Interest Analysis

Feature Value
Support 44000
Resistance 45500
PCR 0.746609

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
Mahindra & Mahindra Limited M&M 1.16% 1569.45
Reliance Industries Limited RELIANCE 1.08% 2764.7
Bharti Airtel Limited BHARTIARTL 0.73% 891.9

Bearish Stocks

None

Breakout Stocks

Name Symbol % Change Closing Price
Power Finance Corporation Limited PFC 1.16% 227.1
Reliance Industries Limited RELIANCE 1.08% 2764.7
Global Health Ltd MEDANTA 0.96% 700.3
Bharti Airtel Limited BHARTIARTL 0.73% 891.9

Positional Long Stocks

Name Symbol % Change Closing Price
Nestle India Limited NESTLEIND 1.2% 22852.3
Zensar Technologies Limited ZENSARTECH 1.09% 387.9
Godrej Consumer Products Limited GODREJCP 0.66% 1061.85

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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