Pre-market Analysis Nifty Bank Nifty 02 May 2024

Market Recap

  • Nifty declined 0.17% to close at 22604.85

  • Bank Nifty declined 0.06% to close at 49396.75

  • India VIX advanced 5.19% to close at 12.87

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
57.89 85.57 22443.46 22258.00

Nifty Open Interest Analysis

Feature Value
Support 22400
Resistance 22900
PCR 0.448141

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
65.38 192.92 21398.78 20967.91

Fin Nifty Open Interest Analysis

Feature Value
Support 21600
Resistance 22100
PCR 0.426107

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

Nothing Significant

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
66.74 455.98 48183.40 47344.17

Bank Nifty Open Interest Analysis

Feature Value
Support 48900
Resistance 49900
PCR 0.453017

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.

Recent Articles :

Pre-market Analysis Nifty Bank Nifty 18 September 2024
Pre-market Analysis Nifty Bank Nifty 17 September 2024
Pre-market Analysis Nifty Bank Nifty 13 September 2024
Pre-market Analysis Nifty Bank Nifty 12 September 2024
Pre-market Analysis Nifty Bank Nifty 11 September 2024