Pre-market Analysis Nifty Bank Nifty 05 September 2023

Market Recap

  • Nifty advanced 0.48% to close at 19528.80

  • Bank Nifty advanced 0.32% to close at 44578.30

  • India VIX declined 3.54% to close at 10.96

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
55.55 -17.39 19422.38 19444.95

Nifty Open Interest Analysis

Feature Value
Support 19300
Resistance 19800
PCR 0.72508

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
51.36 -129.70 44331.57 44802.00

Bank Nifty Open Interest Analysis

Feature Value
Support 43900
Resistance 45400
PCR 0.900688

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

Name Symbol Change Closing Price
Infosys Limited INFY 1.47% 1465.1
Indusind Bank Limited INDUSINDBK 0.37% 1421.8

Bearish Stocks

Name Symbol Change Closing Price
Reliance Industries Limited RELIANCE -0.08% 2410.7
Apollo Hospitals Enterprise Limited APOLLOHOSP -0.32% 4824.85
Kotak Mahindra Bank Limited KOTAKBANK -0.5% 1762.2
Itc Limited ITC -0.8% 437.5

Breakout Stocks

Name Symbol Change Closing Price
Go Fashion (India) Ltd GOCOLORS 1.37% 1371
Sundram Fasteners Limited SUNDRMFAST 1.29% 1290.65
Bharat Forge Limited BHARATFORG 0.6% 1085.25

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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