Pre-market Analysis Nifty Bank Nifty 07 March 2024

Market Recap

  • Nifty advanced 0.53% to close at 22474.05

  • Bank Nifty advanced 0.81% to close at 47965.40

  • India VIX declined 0.59% to close at 14.30

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
63.92 179.92 22064.24 21828.07

Nifty Open Interest Analysis

Feature Value
Support 22000
Resistance 22500
PCR 0.606682

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
59.80 69.46 20519.86 20760.49

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
64.75 327.33 46437.26 46702.35

Bank Nifty Open Interest Analysis

Feature Value
Support 47100
Resistance 48100
PCR 0.418214

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

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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