Pre-market Analysis Nifty Bank Nifty 18 July 2024

Market Recap

  • Nifty advanced 0.76% to close at 24800.85

  • Bank Nifty advanced 0.43% to close at 52620.70

  • India VIX advanced 2.02% to close at 14.51

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
77.50 376.73 24166.31 23311.97

Nifty Open Interest Analysis

Feature Value
Support 24500
Resistance 25000
PCR 0.663543

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Put Open Interest Reductions

Nothing Significant

Fin Nifty Technicals

RSI MACD 20 SMA 50 SMA
64.93 342.21 23549.98 22477.73

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
60.64 584.64 52429.08 50289.61

Bank Nifty Open Interest Analysis

Feature Value
Support 51700
Resistance 53200
PCR 0.416281

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.

Recent Articles :

Pre-market Analysis Nifty Bank Nifty 24 October 2024
Pre-market Analysis Nifty Bank Nifty 23 October 2024
Pre-market Analysis Nifty Bank Nifty 22 October 2024
Pre-market Analysis Nifty Bank Nifty 21 October 2024
Pre-market Analysis Nifty Bank Nifty 18 October 2024