Pre-market Analysis Nifty Bank Nifty 01 August 2023

Market Recap

  • Nifty advanced 0.55% to close at 19753.80

  • Bank Nifty advanced 0.40% to close at 45651.10

  • India VIX advanced 2.74% to close at 10.41

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
63.48 209.77 19599.17 19042.07

Nifty Open Interest Analysis

Feature Value
Support 19500
Resistance 20000
PCR 0.81271

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
58.37 389.49 45393.44 44564.25

Bank Nifty Open Interest Analysis

Feature Value
Support 45100
Resistance 46600
PCR 0.672861

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
Grasim Industries Limited GRASIM 1.41% 1849.45
Larsen & Toubro Limited LT 1.2% 2681.35
Dr. Reddy’s Laboratories Limited DRREDDY 1.03% 5640.45
Bajaj Auto Limited BAJAJ-AUTO 0.8% 4931.4
State Bank Of India SBIN 0.67% 620.2

Bearish Stocks

Name Symbol Change Closing Price
Upl Limited UPL -0.07% 624.7
Bajaj Finance Limited BAJFINANCE -1.1% 7300.3

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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