Pre-market Analysis Nifty Bank Nifty 29 May 2024

Market Recap

  • Nifty declined 0.19% to close at 22888.15

  • Bank Nifty declined 0.28% to close at 49142.15

  • India VIX advanced 4.32% to close at 24.19

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
64.13 137.84 22484.86 22361.96

Nifty Open Interest Analysis

Feature Value
Support 22600
Resistance 23100
PCR 0.409661

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
64.96 136.29 21555.40 21284.32

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
61.31 231.57 48423.71 47886.00

Bank Nifty Open Interest Analysis

Feature Value
Support 48300
Resistance 49800
PCR 0.44225

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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