Nifty:%;Candle:OGD,Short day red; Bank Nifty:% Candle:OGD,Doji ; HB:OGD,Doji,1679
Nifty :Supp Rest
Banknifty:Supp Rest .
SGX Nifty:% FII Long%FutCash;;Opt%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:Tata Steel, HDFC Asset Management Company, Canara Bank, IDBI Bank, TVS Motor Company, PNB Housing Finance, Poonawalla Fincorp, Spandana Sphoorty Financial, Chennai Petroleum Corporation, Craftsman Automation, Gravita India, IIFL Securities, Jammu & Kashmir Bank, JK Paper, Mahindra Logistics, Sharda Cropchem, Shoppers Stop, SRF, and Tamilnad Mercantile Bank will be in focus ahead of quarterly earnings on July 24.
The NSE has retained Balrampur Chini Mills, Delta Corp, Indiabulls Housing Finance, L&T Finance Holdings, Manappuram Finance, and Punjab National Bank in its F&O ban list for July 24.
Market wrap up(DWM,T,N,E):The market saw sharp selling on July 21 as Infosys and HUL guidance hit sentiment, even as participants turned cautious ahead of earnings announcements from heavyweights Reliance Industries, which came out with its numbers later in the day, and ICICI Bank, which shared its June quarter report card the next day. The Sensex tanked 888 points to 66,684, while the Nifty50 declined 234 points to 19,745 and formed a bearish candlestick with long upper shadow on the daily charts. On the hourly charts, the index took support at 50-day exponential moving average (19,704) and on the daily charts, it defended 19,700, which can be immediate support. A crucial support level for the Nifty lies at 19,700, marked by significant Put writing. Should the index breach this level, it may lead to a substantial market correction. On the upside, resistance is positioned at 20,000,” On the broader front, we have mixed trends as the breadth was tilted in favour of bears with 2:3 ratio. The Nifty midcap 100 index was down 0.4 percent, while the smallcap 100 gained 0.7 percent, Volatility also cooled down from the day’s high, indicating stablity in near term. India VIX, a measure of volatility expected over the next 30 days, fell 2.54 percent to 11.49 levels.
