Nifty:%;Candle:OGD,Doji; Bank Nifty:% Candle:OF,Short day green ; HB:OGD,Doji,1591
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long42%FutCash;-266;Opt96%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
The NSE has added Manappuram Finance to its F&O ban list for August 21, while retaining Chambal Fertilisers & Chemicals, Delta Corp, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Granules India, Hindustan Copper, Indiabulls Housing Finance, India Cements, Punjab National Bank, SAIL, and Zee Entertainment Enterprises in the list.
Market wrap up(DWM,T,N,E):The market saw consolidation throughout the session on August 18 and closed in red with moderate losses. But it has taken a support at 19,250 levels on the Nifty50 which coincides with 50-day EMA (exponential moving average placed at 19,265), which is expected to continue acting as a support in coming sessions too, and if the said levels get broken then 19,000 can be the possibility on the lower side. However, on the higher side, 19,500 which coincides with 21-day EMA (placed at 19,490) is likely to be critical hurdle on the higher side, experts said. The index has consistently remained below its 21-day EMA, a sign that underscores the prevalence of a bearish trend. On the lower end, support is placed at 19,250. A fall below 19,250, may trigger a correction towards 19,000 and lower,” The broader markets were also under pressure amid volatility, with the Nifty Midcap 100 and Smallcap 100 indices falling 0.2 percent and 0.5 percent respectively, while the volatility dropped by 0.8 percent, but India VIX held above 12 mark.
