Pre-market Analysis Nifty Bank Nifty 29 August 2023

Market Recap

  • Nifty advanced 0.21% to close at 19306.05

  • Bank Nifty advanced 0.60% to close at 44494.65

  • India VIX advanced 2.61% to close at 12.40

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
43.62 -31.17 19472.61 19387.32

Nifty Open Interest Analysis

Feature Value
Support 19100
Resistance 19600
PCR 0.850385

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
48.58 -200.45 44526.61 44745.82

Bank Nifty Open Interest Analysis

Feature Value
Support 43900
Resistance 45400
PCR 0.872063

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

Bullish Stocks

None

Bearish Stocks

Name Symbol Change Closing Price
Jsw Steel Limited JSWSTEEL -0.02% 773
Itc Limited ITC -0.44% 441.4
Tata Motors Limited TATAMOTORS -0.45% 602.4
Reliance Industries Limited RELIANCE -1% 2443.75

Breakout Stocks

None

Positional Long Stocks

Name Symbol Change Closing Price
Tvs Motor Company Limited TVSMOTOR 0.72% 1349.25

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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