Pre-market Analysis Nifty Bank Nifty 16 October 2024

Market Recap

  • Nifty declined 0.28% to close at 25057.35

  • Bank Nifty advanced 0.17% to close at 51906.00

  • India VIX advanced 0.06% to close at 13.00

Global Data

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

Nifty Technicals

RSI MACD 20 SMA 50 SMA
44.66 -60.09 25454.64 25060.37

Nifty Open Interest Analysis

Feature Value
Support 24800
Resistance 25300
PCR 0.25382

Call Open Interest Additions

Put Open Interest Additions

Nothing Significant

Call Open Interest Reductions

Nothing Significant

Put Open Interest Reductions

Nothing Significant

Fin Nifty Technicals

RSI MACD 20 SMA 50 SMA
48.49 -63.39 24208.92 23689.06

Bank Nifty Technicals

RSI MACD 20 SMA 50 SMA
49.37 -154.69 52514.82 51544.89

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 17 October 2024
Pre-market Analysis Nifty Bank Nifty 16 October 2024
Pre-market Analysis Nifty Bank Nifty 15 October 2024
Pre-market Analysis Nifty Bank Nifty 14 October 2024
Pre-market Analysis Nifty Bank Nifty 11 October 2024