Pre-market Analysis Nifty Bank Nifty 18 August 2023

Market Recap

  • Nifty declined 0.51% to close at 19365.25

  • Bank Nifty declined 0.13% to close at 43891.35

  • India VIX advanced 0.95% to close at 12.24

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
44.82 24.76 19605.54 19290.98

Nifty Open Interest Analysis

Feature Value
Support 19200
Resistance 19700
PCR 0.46367

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
33.88 -244.30 45111.22 44709.17

Bank Nifty Open Interest Analysis

Feature Value
Support 43000
Resistance 44500
PCR 0.53465

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
Dr. Reddy’s Laboratories Limited DRREDDY 0.39% 5880.65

Bearish Stocks

Name Symbol Change Closing Price
NIFTY NIFTY -0.51% 19365.2
Upl Limited UPL -0.82% 584.95
Bajaj Finance Limited BAJFINANCE -0.83% 6923.25
Kotak Mahindra Bank Limited KOTAKBANK -1.15% 1765.7

Breakout Stocks

None

Positional Long Stocks

Name Symbol Change Closing Price
Brigade Enterprises Limited BRIGADE 0.84% 584.2

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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