Pre-market Analysis Nifty Bank Nifty 21 August 2024

Market Recap

  • Nifty advanced 0.51% to close at 24698.85

  • Bank Nifty advanced 0.86% to close at 50803.15

  • India VIX declined 3.46% to close at 13.82

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
58.28 70.23 24488.96 24184.42

Nifty Open Interest Analysis

Feature Value
Support 24400
Resistance 24900
PCR 0.558604

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
52.79 -79.46 23045.30 23160.91

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
49.38 -317.86 50753.96 51381.59

Bank Nifty Open Interest Analysis

Feature Value
Support 49900
Resistance 51400
PCR 0.594946

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

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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