Pre-market Analysis Nifty Bank Nifty 16 November 2023

Market Recap

  • Nifty declined 0.20% to close at 19635.40

  • Bank Nifty declined 0.11% to close at 44151.45

  • India VIX advanced 0.83% to close at 11.28

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
59.67 -14.66 19336.67 19578.18

Nifty Open Interest Analysis

Feature Value
Support 19300
Resistance 19800
PCR 0.694713

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
57.90 -56.53 43417.76 44236.95

Bank Nifty Open Interest Analysis

Feature Value
Support 43200
Resistance 44700
PCR 0.685735

Call Open Interest Additions

Nothing Significant

Put Open Interest Additions

Nothing Significant

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

Nothing Significant

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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