Pre-market Analysis Nifty Bank Nifty 22 May 2024

Market Recap

  • Nifty advanced 0.28% to close at 22529.05

  • Bank Nifty declined 0.14% to close at 48048.20

  • India VIX advanced 6.26% to close at 21.81

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
57.03 6.80 22372.56 22316.34

Nifty Open Interest Analysis

Feature Value
Support 22200
Resistance 22700
PCR 0.427055

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
53.05 34.87 21462.61 21199.88

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
50.72 18.89 48265.42 47770.40

Bank Nifty Open Interest Analysis

Feature Value
Support 47400
Resistance 48400
PCR 0.336272

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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