Nifty:19727.05/116/0.59%;Candle:OGU,Long day green,; Bank Nifty:44878.35/469.25/1.06% Candle:OF,Long day green ; HB:OGU.Short day green,1624,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long57%FutCash;-759;Opt91%
OI data Nifty ( max pain W19700M)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
The NSE has added Punjab National Bank to its F&O ban list for September 8, while retaining Balrampur Chini Mills, BHEL, Delta Corp, Hindustan Copper, Indiabulls Housing Finance, India Cements, Manappuram Finance, and SAIL on the list.
Market wrap up(DWM,T,N,E):The market continued its higher highs formation as well as upward journey for the fifth consecutive session on the Nifty on September 7, as the bulls stayed strong at Dalal Street, which are likely to take the Nifty50 towards 19,800-19,900 levels in coming sessions, provided the index holds 19,650. The 19,700-19,500 is expected to be support zone, The BSE Sensex jumped 385 points to 66,266, while the Nifty50 rose 116 points to 19,727 and formed long bullish candlestick pattern on the daily charts, with firmly maintaining above falling resistance trendline. “The bulls were able to push Nifty higher following a rangebound trading period in the preceding few days. The sentiment remains positive as long as the index sustains above 19,550,” On the higher end, he feels gains may extend to the range of 19,900 to 20,000 in the near term, provided that bullishness in the market continues to increase.The positive trend remained in broader markets for nine days in a row, with the Nifty Midcap 100 and Smallcap 100 indices rising 0.8 percent and half a percent, respectively.
