Pre-market Analysis Nifty Bank Nifty 21 May 2024

Market Recap

  • Nifty advanced 0.16% to close at 22502.00

  • Bank Nifty advanced 0.17% to close at 48199.50

  • India VIX advanced 3.67% to close at 20.52

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
56.25 4.64 22371.21 22315.79

Nifty Open Interest Analysis

Feature Value
Support 22100
Resistance 22600
PCR 0.421005

Call Open Interest Additions

Put Open Interest Additions

Nothing Significant

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

Nothing Significant

Fin Nifty Technicals

RSI MACD 20 SMA 50 SMA
55.03 39.97 21465.81 21201.15

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
52.75 30.96 48272.99 47773.43

Bank Nifty Open Interest Analysis

Feature Value
Support 47300
Resistance 48300
PCR 0.380604

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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