Pre-market Analysis Nifty Bank Nifty 07 November 2023

Market Recap

  • Nifty advanced 0.94% to close at 19411.75

  • Bank Nifty advanced 0.70% to close at 43619.40

  • India VIX advanced 2.04% to close at 11.10

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
50.46 -130.87 19411.70 19560.43

Nifty Open Interest Analysis

Feature Value
Support 19000
Resistance 19500
PCR 0.546275

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
49.26 -376.10 43561.93 44295.87

Bank Nifty Open Interest Analysis

Feature Value
Support 42200
Resistance 43700
PCR 0.661455

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

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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