Pre-market Analysis Nifty Bank Nifty 29 August 2024

Market Recap

  • Nifty advanced 0.14% to close at 25052.35

  • Bank Nifty declined 0.26% to close at 51143.85

  • India VIX advanced 2.33% to close at 13.95

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
65.47 182.60 24571.89 24374.10

Nifty Open Interest Analysis

Feature Value
Support 24600
Resistance 25100
PCR 0.566451

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
59.42 72.75 23076.34 23295.35

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
53.02 -39.56 50653.45 51524.43

Bank Nifty Open Interest Analysis

Feature Value
Support 50000
Resistance 51500
PCR 0.449618

Call Open Interest Additions

Put Open Interest Additions

Call Open Interest Reductions

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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