Nifty:19833.15883.9/0.42%;Candle:OGU,Doji; Bank Nifty:45669.3/258.45/0.57% Candle:OGU,Doji ; HB:F,Doji, 1685,
Nifty :Supp Rest
Banknifty:Supp Rest .
SGX Nifty:% FII Long%FutCash;1165;Opt%
OI data Nifty ( max pain W19800M)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:Infosys, Hindustan Unilever, Union Bank of India, United Spirits, Coforge, CSB Bank, Dalmia Bharat, Havells India, IndiaMART InterMESH, ICICI Securities, 360 ONE WAM, Mphasis, Nelco, Persistent Systems, Quick Heal Technologies, Reliance Industrial Infrastructure, Shalby, South Indian Bank, Tanla Platforms, and Zensar Technologies will be in focus ahead of quarterly earnings on July 20.
The NSE has added L&T Finance Holdings and Polycab India to its F&O ban list for July 20, while retaining Delta Corp, Indiabulls Housing Finance, Manappuram Finance, and RBL Bank .
Market wrap up(DWM,T,N,E):The market maintained a relentless uptrend since last Friday and saw a fresh record close on July 19, with the Nifty50 ending above 19,800 levels and the BSE Sensex above the 67,000 mark for the first time. Consistent FII buying and upside in banking and financial services aided the rally. The BSE Sensex jumped 302 points to 67,097, while the Nifty50 climbed 84 points to 19,833 and formed a bullish candlestick pattern with a long lower shadow on the daily charts, indicating buying interest at lower levels. “On the daily chart, we can observe that the Nifty has consolidated between 19,700 and 19,850 in the past couple of trading sessions. Today it tested the lower end of that range and witnessed buying interest indicating that it is a strong support, and the floor is set for the next leg of up move,” “The daily and the hourly momentum indicator is providing divergent signals which could lead to a short-term consolidation. However, the overall structure seems to be turning in the favour of the bulls and hence we shall continue to maintain a positive outlook on the index,” The buying was also seen in the broader markets with positive breadth. The Nifty Midcap 100 and Smallcap 100 indices gained 0.7 percent and 0.8 percent respectively.
