Pre-market Analysis Nifty Bank Nifty 28 August 2023

Market Recap

  • Nifty advanced 0.20% to close at 19305.10

  • Bank Nifty advanced 0.31% to close at 44366.75

  • India VIX advanced 6.94% to close at 12.51

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
41.32 -24.29 19489.61 19374.96

Nifty Open Interest Analysis

Feature Value
Support 19100
Resistance 19600
PCR 0.803683

Call Open Interest Additions

Nothing Significant

Put Open Interest Additions

Nothing Significant

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

Nothing Significant

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
43.27 -229.88 44575.28 44724.80

Bank Nifty Open Interest Analysis

Feature Value
Support 43500
Resistance 45000
PCR 0.68753

Call Open Interest Additions

Nothing Significant

Put Open Interest Additions

Nothing Significant

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

Nothing Significant

Bullish Stocks

None

Bearish Stocks

Name Symbol Change Closing Price
Power Grid Corporation Of India Limited POWERGRID 0.41% 243
Itc Limited ITC 0.37% 445
Jsw Steel Limited JSWSTEEL 0.3% 775.5
NIFTY NIFTY 0.17% 19298.3
Tata Steel Limited TATASTEEL 0.09% 117
Tata Motors Limited TATAMOTORS 0.05% 605.4
Hdfc Bank Limited HDFCBANK 0% 1561.5

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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