Pre-market Analysis Nifty Bank Nifty 06 December 2023

Market Recap

  • Nifty advanced 0.81% to close at 20855.10

  • Bank Nifty advanced 1.25% to close at 47012.25

  • India VIX advanced 3.58% to close at 13.46

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
83.94 275.35 19825.69 19622.68

Nifty Open Interest Analysis

Feature Value
Support 20500
Resistance 21000
PCR 0.683627

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
79.98 515.63 44180.77 44005.43

Bank Nifty Open Interest Analysis

Feature Value
Support 45700
Resistance 47200
PCR 0.67819

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

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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