Nifty:20103.1/33.1/0.16%;Candle:OGU; Bank Nifty:46000.85/91.4/0.2% Candle:OGU,Doji ; HB:OGU,Doji
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long%FutCash;295;Opt%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
The NSE has added Balrampur Chini Mills, BHEL, and Zee Entertainment Enterprises to its F&O ban list for September 15, while retaining Delta Corp, Hindustan Copper, Indiabulls Housing Finance, Indian Energy Exchange, India Cements, Manappuram Finance, National Aluminium Company, REC and SAIL.
Market wrap up(DWM,T,N,E):The market closed the rangebound session higher, with the Nifty50 ending at fresh record closing high on September 14, tracking positive global cues. Going forward, 20,100 is likely to be crucial level for further direction in the market, with resistance at 20,200-20,300 area and the key support at 19,900 levels, experts said. The BSE Sensex rose 52 points to 67,519, extending upward journey for 10th consecutive session, while the Nifty50 advanced 33 points to 20,103, a fresh closing high, and formed bearish candle with minor upper & lower wicks which resembles Spinning Top kind of candlestick pattern format on the daily charts, signalling indecisiveness among bulls and bears about future market trend. “The “buy on dips” strategy is expected to be the preferred approach until Nifty falls below 19,900 decisively,” On the upside, he feels Call writers at 20,100 are likely to defend the index against further upward movement. A sustained trade above 20,100 could potentially trigger a significant rally in the short term, he said. Broader markets also continued to recoup further losses, with positive breadth in the ratio of 3:1. The Nifty Midcap 100 and Smallcap 100 indices gained more than 1 percent each, sustaining uptrend for second straight session, after falling 3 percent and 4 percent on September 12. The fear index, India VIX remained below 12, which gives comfort for bulls, falling 4.31 percent to 11.32 levels.
