Pre-market Analysis Nifty Bank Nifty 30 May 2024

Market Recap

  • Nifty declined 0.80% to close at 22704.70

  • Bank Nifty declined 1.30% to close at 48501.35

  • India VIX declined 0.08% to close at 24.17

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
56.49 132.32 22487.93 22369.34

Nifty Open Interest Analysis

Feature Value
Support 22500
Resistance 23000
PCR 0.353458

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

Fin Nifty Technicals

RSI MACD 20 SMA 50 SMA
53.25 125.21 21545.86 21298.78

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
52.53 212.92 48377.58 47910.38

Bank Nifty Open Interest Analysis

Feature Value
Support 47300
Resistance 48800
PCR 0.468003

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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