Pre-market Analysis Nifty Bank Nifty 23 August 2024

Market Recap

  • Nifty advanced 0.17% to close at 24811.50

  • Bank Nifty advanced 0.59% to close at 50985.70

  • India VIX declined 2.49% to close at 13.00

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
60.53 109.77 24523.42 24245.07

Nifty Open Interest Analysis

Feature Value
Support 24600
Resistance 25100
PCR 0.552915

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

Nothing Significant

Fin Nifty Technicals

RSI MACD 20 SMA 50 SMA
54.25 -33.98 23041.38 23202.31

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
51.55 -222.02 50682.76 51423.33

Bank Nifty Open Interest Analysis

Feature Value
Support 49900
Resistance 51400
PCR 0.484447

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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