Pre-market Analysis Nifty Bank Nifty 01 February 2024

Market Recap

  • Nifty advanced 0.95% to close at 21725.70

  • Bank Nifty advanced 1.39% to close at 45996.80

  • India VIX declined 0.34% to close at 16.05

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
55.87 126.22 21629.40 21088.20

Nifty Open Interest Analysis

Feature Value
Support 21300
Resistance 21800
PCR 0.438071

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
44.25 -187.23 20886.17 20780.01

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
45.75 -418.77 46727.82 46424.02

Bank Nifty Open Interest Analysis

Feature Value
Support 50900
Resistance 51900
PCR 0.333596

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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