Nifty:19794.7/-7.3/-0.04%;Candle:OF,Doji; Bank Nifty:43769.1/191.6/0.44% Candle:OF,Short day green ; HB:OF,Short day green,1531,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long23%FutCash;2625;Opt86%
OI data Nifty ( max pain W19800M)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
The NSE added BHEL and Granules India to its F&O ban list for November 28, while retaining Balrampur Chini Mills, Hindustan Copper, Hindustan Petroleum Corporation, Indiabulls Housing Finance, and Zee Entertainment Enterprises. India Cements, Manappuram Finance, MCX India and RBL Bank were removed from the said list.
Market wrap up(DWM,T,N,E):The market, which has remained range-bound for more than a week now, can do with a trigger or two to break out of the 19,620-19,875 range. If the Nifty breaks on the higher side, 19,900-20,000 can’t be ruled out and, on the lower side, it can slip to 19,500-19,300 but that looks unlikely, experts said. On November 24, the 30-pack Sensex ended 48 points down at 65,970 and the broad-based Nifty declined 7 points to 19,795 to form a small bearish candlestick with minor upper and lower shadows on the daily scale, This market action reflects sideways movement for the Nifty, which is unfolding over the last five-six sessions. This is signaling that the market is waiting for the triggers to break beyond the range of 19,875-19,650 levels,” he near-term uptrend of Nifty remains intact. The cues of recent assembly elections (exit poll predictions on November 30 and the results on December 3) are expected to be a trend-decider for the market. “The upcoming above-said event is likely to trigger sharp movement on either side of the range,” A sustainable up-move above 19,900 can pull the Nifty towards all-time highs and a decisive move below 19,600 will likely open a near-term downward correction, The market breadth favoured the bears, as about 1,135 shares declined against advancing 964 shares on the NSE, while the broader market settled flat with a positive bias. T
Market wrap up(DWM,T,N,E):The market, which has remained range-bound for more than a week now, can do with a trigger or two to break out of the 19,620-19,875 range. If the Nifty breaks on the higher side, 19,900-20,000 can’t be ruled out and, on the lower side, it can slip to 19,500-19,300 but that looks unlikely, experts said. On November 24, the 30-pack Sensex ended 48 points down at 65,970 and the broad-based Nifty declined 7 points to 19,795 to form a small bearish candlestick with minor upper and lower shadows on the daily scale, This market action reflects sideways movement for the Nifty, which is unfolding over the last five-six sessions. This is signaling that the market is waiting for the triggers to break beyond the range of 19,875-19,650 levels,” he near-term uptrend of Nifty remains intact. The cues of recent assembly elections (exit poll predictions on November 30 and the results on December 3) are expected to be a trend-decider for the market. “The upcoming above-said event is likely to trigger sharp movement on either side of the range,” A sustainable up-move above 19,900 can pull the Nifty towards all-time highs and a decisive move below 19,600 will likely open a near-term downward correction, The market breadth favoured the bears, as about 1,135 shares declined against advancing 964 shares on the NSE, while the broader market settled flat with a positive bias. The market was shut on November 27 on account of the Guru Nanak Jayanti
