Pre-market Analysis Nifty Bank Nifty 05 June 2024

Market Recap

  • Nifty declined 5.93% to close at 21884.50

  • Bank Nifty declined 7.95% to close at 46928.60

  • India VIX advanced 27.75% to close at 26.75

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
39.96 63.01 22487.74 22408.22

Nifty Open Interest Analysis

Feature Value
Support 21400
Resistance 21900
PCR 0.209287

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
40.76 92.33 21519.64 21378.31

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
41.59 213.93 48333.99 48083.05

Bank Nifty Open Interest Analysis

Feature Value
Support 45900
Resistance 47400
PCR 0.202895

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

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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