Pre-market Analysis Nifty Bank Nifty 29 September 2023

Market Recap

  • Nifty declined 0.98% to close at 19523.55

  • Bank Nifty declined 0.64% to close at 44300.95

  • India VIX advanced 10.68% to close at 12.82

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
42.00 41.98 19766.82 19629.46

Nifty Open Interest Analysis

Feature Value
Support 19400
Resistance 19900
PCR 0.449279

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
40.47 -13.62 45004.17 44925.05

Bank Nifty Open Interest Analysis

Feature Value
Support 43800
Resistance 45300
PCR 0.482298

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
Bharti Airtel Limited BHARTIARTL 0.59% 925.65
Coal India Limited COALINDIA -0.46% 290.2

Bearish Stocks

Name Symbol Change Closing Price
Hdfc Bank Limited HDFCBANK -0.21% 1523.7
Dr. Reddy’s Laboratories Limited DRREDDY -1.23% 5429.1
Ultratech Cement Limited ULTRACEMCO -1.31% 8154.35
Cipla Limited CIPLA -1.39% 1164.05
Jsw Steel Limited JSWSTEEL -1.48% 768.1

Breakout Stocks

None

Positional Long Stocks

Name Symbol Change Closing Price
Godfrey Phillips India Limited GODFRYPHLP 1.36% 2114.9
Kec International Limited KEC 0.34% 663.5

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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