Pre-market Analysis Nifty Bank Nifty 04 June 2024

Market Recap

  • Nifty advanced 3.25% to close at 23263.90

  • Bank Nifty advanced 4.07% to close at 50979.95

  • India VIX declined 14.90% to close at 20.94

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
67.05 139.67 22515.65 22411.65

Nifty Open Interest Analysis

Feature Value
Support 22800
Resistance 23300
PCR 0.189348

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Put Open Interest Reductions

Fin Nifty Technicals

RSI MACD 20 SMA 50 SMA
70.58 183.08 21565.85 21374.45

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
71.78 407.35 48432.32 48076.00

Bank Nifty Open Interest Analysis

Feature Value
Support 49500
Resistance 51000
PCR 0.194829

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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