Nifty:22055.7/32.35/0.15%;Candle:OGD,doji; Bank Nifty:46575.9/-18.2/-0.04% Candle:OGD,Green doji ; HB:OGD,Doji,Vol last session,1446
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long37%FutCash;-2051;Opt99%
OI data Nifty ( max pain W22050M)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
The NSE has added Balrampur Chini Mills to the F&O ban list for March 19, while retaining Aditya Birla Fashion & Retail, BHEL, Biocon, Hindustan Copper, Manappuram Finance, National Aluminium Company, Piramal Enterprises, RBL Bank, SAIL, Tata Chemicals and Zee Entertainment Enterprises on the said list.
Market wrap up(DWM,T,N,E):The market remained uncertain in trend with consistently taking support at 21,900 level and resistance at 22,200 mark for third consecutive session on March 18 after sharp correction on March 13, which overall indicates that the benchmark indices may be waiting for the outcome of central bank meetings (US, Japan and Bank of England) scheduled later this week. Hence, 21,900-21,850 is expected to act as a support for the Nifty 50 as breaking down of the same can bring more selling pressure, but trading consistently above 22,200 can strengthen the bulls for a move towards record high, experts said. On March 18, the market had a choppy session as some buying interest in second half helped the benchmark indices close moderately higher. The BSE Sensex rose 105 points to 72,748, while the Nifty 50 gained 32 points at 22,056 and formed small bullish candlestick pattern with upper and lower shadows on the daily charts, indicating volatility. On March 18, the market had a choppy session as some buying interest in second half helped the benchmark indices close moderately higher. The BSE Sensex rose 105 points to 72,748, while the Nifty 50 gained 32 points at 22,056 and formed small bullish candlestick pattern with upper and lower shadows on the daily charts, indicating volatility. On the contrary, he feels the 22,180-22,000 zone is likely to provide resilience, followed by 22,300. The undertone remains bearish biases until an assertive move is seen beyond the mentioned resistances, he said. However, the broader markets underperformed frontline indices, as the Nifty Midcap 100 and Smallcap 100 indices fell 0.4 percent and 0.6 percent respectively.
