Pre-market Analysis Nifty Bank Nifty 06 February 2024

Market Recap

  • Nifty declined 0.38% to close at 21771.70

  • Bank Nifty declined 0.32% to close at 45825.55

  • India VIX advanced 6.26% to close at 15.62

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
56.08 139.18 21653.46 21210.84

Nifty Open Interest Analysis

Feature Value
Support 21600
Resistance 22100
PCR 0.543716

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
40.52 -172.60 20743.53 20829.24

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
44.23 -326.55 46443.96 46557.11

Bank Nifty Open Interest Analysis

Feature Value
Support 45000
Resistance 46000
PCR 0.465907

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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