Pre-market Analysis Nifty Bank Nifty 07 August 2023

Market Recap

  • Nifty advanced 0.70% to close at 19517.00

  • Bank Nifty advanced 0.82% to close at 44879.50

  • India VIX declined 5.48% to close at 10.57

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
52.00 120.36 19626.28 19139.86

Nifty Open Interest Analysis

Feature Value
Support 19300
Resistance 19800
PCR 0.566794

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
46.32 133.47 45356.59 44659.90

Bank Nifty Open Interest Analysis

Feature Value
Support 44300
Resistance 45800
PCR 0.617119

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
Divi’s Laboratories Limited DIVISLAB 0.51% 3745.4
Adani Ports And Special Economic Zone Limited ADANIPORTS 0.25% 775.25

Bearish Stocks

Name Symbol Change Closing Price
Britannia Industries Limited BRITANNIA -0.01% 4798.5
Hindustan Unilever Limited HINDUNILVR -0.21% 2546
Itc Limited ITC -0.24% 454.95

Breakout Stocks

Name Symbol Change Closing Price
Birlasoft Ltd BSOFT 1.15% 438.8

Positional Long Stocks

Name Symbol Change Closing Price
Abb India Limited ABB 1.49% 4438.05
V-guard Industries Limited VGUARD 1.34% 284.65
Sundram Fasteners Limited SUNDRMFAST 0.81% 1232.3
Cholamandalam Financial Holdings Ltd CHOLAHLDNG 0.49% 932.05
Narayana Hrudayalaya Ltd. NH 0.31% 1024.15

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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