Nifty:19889.7/95/0.48%;Candle:OGU,Short day green; Bank Nifty:43880.95/111.85/0.26% Candle:OF,Doji ; HB:,OF,short day red,1528,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long24%FutCash;783;Opt93%
OI data Nifty ( max pain W19850M)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
The NSE retained Balrampur Chini Mills, BHEL, Granules India, and Indiabulls Housing Finance to its F&O ban list for November 29, while Hindustan Copper, Hindustan Petroleum Corporation, and Zee Entertainment Enterprises were removed from the said list.
Market wrap up(DWM,T,N,E):Given the optimism with the breakout of the seven-day consolidation, the Nifty may gradually start moving towards the psychological 20,000 mark and then to a record high of 20,200 in coming sessions, with immediate support at 19,800-19,700 levels, experts said. On November 28, the BSE Sensex rose 204 points to 66,174, while the Nifty50 was up 95 points at 19,890 and formed a bullish candlestick pattern with upper & lower shadows on the daily scale. “The Nifty has risen above the recent consolidation high, indicating increased optimism among market participants. Furthermore, it has held steady above the critical near-term support level of 19,700,” Hence, he feels the sentiment is expected to stay positive, potentially leading to a new lifetime high in the short term. At the lower end, 19,700 could remain a crucial short-term support level The broader markets also gained strength with the Nifty Midcap 100 and Smallcap 100 indices rising half a percent and a third of a percent respectively, while the India VIX, the volatility index, increased sharply by 7.45 percent to 12.18 levels, may be ahead of exit poll of five States elections.
