Pre-market Analysis Nifty Bank Nifty 05 January 2024

Market Recap

  • Nifty advanced 0.66% to close at 21658.60

  • Bank Nifty advanced 1.03% to close at 48195.85

  • India VIX declined 5.44% to close at 13.33

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
69.48 379.00 21317.59 20285.80

Nifty Open Interest Analysis

Feature Value
Support 21400
Resistance 21900
PCR 0.484189

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

Nothing Significant

Fin Nifty Technicals

RSI MACD 20 SMA 50 SMA
66.01 300.24 21314.31 20297.01

Fin Nifty Open Interest Analysis

Feature Value
Support 21300
Resistance 22000
PCR 0.655748

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Put Open Interest Reductions

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
64.59 747.20 47665.20 45332.19

Bank Nifty Open Interest Analysis

Feature Value
Support 47200
Resistance 48200
PCR 0.490227

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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