Pre-market Analysis Nifty Bank Nifty 08 August 2023

Market Recap

  • Nifty advanced 0.41% to close at 19597.30

  • Bank Nifty declined 0.09% to close at 44837.50

  • India VIX advanced 5.01% to close at 11.10

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
54.80 111.60 19638.35 19161.82

Nifty Open Interest Analysis

Feature Value
Support 19300
Resistance 19800
PCR 0.73715

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
45.75 88.70 45355.42 44676.29

Bank Nifty Open Interest Analysis

Feature Value
Support 44400
Resistance 45900
PCR 0.568393

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
Tata Consultancy Services Limited TCS 1.18% 3484.05
Cipla Limited CIPLA 1.15% 1223.65

Bearish Stocks

Name Symbol Change Closing Price
Bajaj Auto Limited BAJAJ-AUTO -0.89% 4670.1
Tata Motors Limited TATAMOTORS -0.89% 609.5
State Bank Of India SBIN -0.94% 567.9

Breakout Stocks

None

Positional Long Stocks

Name Symbol Change Closing Price
Gujarat Pipavav Port Limited GPPL 1.2% 122.1

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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