Pre-market Analysis Nifty Bank Nifty 05 February 2024

Market Recap

  • Nifty advanced 0.72% to close at 21853.80

  • Bank Nifty declined 0.47% to close at 45970.95

  • India VIX advanced 1.68% to close at 14.70

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
58.21 139.29 21647.80 21169.29

Nifty Open Interest Analysis

Feature Value
Support 21600
Resistance 22100
PCR 0.549293

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
42.97 -167.90 20803.57 20813.29

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
45.65 -337.14 46562.47 46512.30

Bank Nifty Open Interest Analysis

Feature Value
Support 45000
Resistance 46000
PCR 0.536173

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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