Nik, Dj,35459/176/0.5% Vix13.33/-7.5% US stock futures are flat as market is set to end july with solid gains,
Oil, Gold, Bonds, Dollar,
Nifty:19646.05/-13.85/-0.07%;Candle:F,Short day red; Bank Nifty:45468.1/-211.2/-0.46% Candle: OGD,Doji; HB:OGD,Short day red, BC,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long%FutCash;-1023;Opt%
OI data Nifty ( max pain W19650M)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:Maruti Suzuki India, GAIL (India), Power Grid Corporation of India, UPL, Bosch, Petronet LNG, Adani Green Energy, Adani Transmission, Bajaj Hindusthan Sugar, Butterfly Gandhimathi Appliances, Castrol India, Dhanlaxmi Bank, IRB Infrastructure Developers, JBM Auto, Lakshmi Machine Works, Navin Fluorine International, Oberoi Realty and Welspun India will be in focus ahead of quarterly earnings on July 31.
The NSE has added Indiabulls Housing Finance to its F&O ban list for July 31.
Market wrap up(DWM,T,N,E):The Nifty, which ended a tad lower on July 28, is expected to stay in the 19,500-19,800 range in the coming sessions, with a break on either side deciding the direction of the next move, experts said. “The Nifty is expected to find support around 19,500 levels, which coincides with the 20-day exponential moving average (DEMA) of 19,526 on the daily chart,” The Nifty ended 14 points lower at 19,646, while the Sensex closed 107 points lower at 66,160. The Nifty formed Doji candlestick on the daily charts, pointing to a tug-of-war between bulls and bears. Despite ending lower for the second day running, the index held on to the 20-day DEMA. It also closed above the previous day’s low of around 19,600, which, too, can act as support. On the higher side, 19,700-19,800, which have the maximum call open interest, are likely to be the critical levels. A close below 20 DEMA can lead to profit booking and initiation of fresh short positions, Ramani said. The Nifty needs to close above 19,800 for the uptrend to continue.
