Pre-market Analysis Nifty Bank Nifty 18 December 2023

Market Recap

  • Nifty advanced 1.29% to close at 21456.65

  • Bank Nifty advanced 0.86% to close at 48143.55

  • India VIX advanced 6.55% to close at 13.13

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
85.34 423.64 20441.22 19844.98

Nifty Open Interest Analysis

Feature Value
Support 21100
Resistance 21600
PCR 0.670834

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
80.95 1024.24 45557.95 44441.81

Bank Nifty Open Interest Analysis

Feature Value
Support 46800
Resistance 48300
PCR 0.613363

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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