Nifty:22338.75/355.95/1.62%;Candle:OGU,Long day green; Bank Nifty:47286.9/1166/2.53% Candle:OGU,Long day green ; HB:OF,Long day green,14311
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long35%FutCash;129;Opt94%
OI data Nifty ( max pain W22250M)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:Apeejay Surrendra Park Hotels will release its October-December FY24 quarter earnings on March 4. This is the first earnings scorecard by the company after listing on the bourses in February.
The NSE has retained Zee Entertainment Enterprises to the F&O ban list for March 4.
Market wrap up(DWM,T,N,E):During the March 2 special session, which checked the preparedness of the disaster recovery system of the market in case of an emergency, the Sensex closed 61 points up at 73,806 and the Nifty gained 40 points at 22,378. The Nifty formed a small bearish candlestick on the daily charts, as the closing was lower than the opening levels. In the short term, the Nifty can move towards 22,550 and a move above it can take the index to 22,700. On the lower end, support is at 22,100, and then 21,750-21,800, Arvinder Singh Nanda, Senior vice president at Master Capital Services said. Both price and momentum indicators suggest a continuation of the positive price action. On the upside, the immediate hurdle is at 22,450 – 22,500, he said. Shrikant Chouhan, the head of equity research at Kotak Securities, said the market could rally to 22,500-22,575. Below 22,200, traders may want to exit long positions, he said. India VIX, the fear index, fell 1.6 percent on March 2 to 14.99, giving more comfort to bulls.
