Pre-market Analysis Nifty Bank Nifty 29 January 2024

Market Recap

  • Nifty declined 0.47% to close at 21352.60

  • Bank Nifty declined 0.48% to close at 44866.15

  • India VIX declined 3.55% to close at 13.86

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
48.74 129.18 21638.37 20959.38

Nifty Open Interest Analysis

Feature Value
Support 20900
Resistance 21400
PCR 0.379467

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Put Open Interest Reductions

Nothing Significant

Fin Nifty Technicals

RSI MACD 20 SMA 50 SMA
31.76 -179.40 21050.71 20732.80

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
31.32 -398.81 47141.62 46326.14

Bank Nifty Open Interest Analysis

Feature Value
Support 44300
Resistance 45300
PCR 0.343711

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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