Pre-market Analysis Nifty Bank Nifty 07 June 2024

Market Recap

  • Nifty advanced 0.89% to close at 22821.40

  • Bank Nifty advanced 0.48% to close at 49291.90

  • India VIX declined 11.04% to close at 16.80

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
53.85 75.77 22529.58 22443.93

Nifty Open Interest Analysis

Feature Value
Support 22400
Resistance 22900
PCR 0.258856

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
53.73 104.03 21549.92 21426.93

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
53.90 261.41 48435.99 48196.07

Bank Nifty Open Interest Analysis

Feature Value
Support 48200
Resistance 49700
PCR 0.265687

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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