Pre-market Analysis Nifty Bank Nifty 24 January 2024

Market Recap

  • Nifty declined 1.77% to close at 21238.80

  • Bank Nifty declined 1.50% to close at 45015.05

  • India VIX advanced 7.61% to close at 14.85

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
45.83 175.99 21637.58 20880.03

Nifty Open Interest Analysis

Feature Value
Support 21000
Resistance 21500
PCR 0.629781

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Put Open Interest Reductions

Fin Nifty Technicals

RSI MACD 20 SMA 50 SMA
31.22 -99.42 21158.36 20706.74

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
31.79 -190.83 47405.03 46274.01

Bank Nifty Open Interest Analysis

Feature Value
Support 44500
Resistance 45500
PCR 0.385418

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

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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