Pre-market Analysis Nifty Bank Nifty 07 December 2023

Market Recap

  • Nifty advanced 0.40% to close at 20937.70

  • Bank Nifty declined 0.38% to close at 46834.55

  • India VIX advanced 2.10% to close at 13.74

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
84.79 317.84 19901.99 19646.59

Nifty Open Interest Analysis

Feature Value
Support 20500
Resistance 21000
PCR 0.648406

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
76.97 636.00 44341.53 44049.65

Bank Nifty Open Interest Analysis

Feature Value
Support 45700
Resistance 47200
PCR 0.454902

Call Open Interest Additions

Put Open Interest Additions

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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