Nifty:22326.9/203.25/0.2%;Candle:OGU,Long day green; Bank Nifty:47124.6/338.65/0.72% Candle:OGU,Long day green ; HB:OGU,1448,Short day green,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long%FutCash;188;Opt%
OI data Nifty ( max pain W22300M)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
The NSE has added Zee Entertainment Enterprises to the F&O ban list for April 1.
Market wrap up(DWM,T,N,E):The market momentum turned strong on the monthly F&O expiry day, March 28 as the Nifty 50 closed above 22,300 after recent consolidation. Hence, if the index manages to sustain 22,300, then a new record high can’t be ruled out in the coming sessions of the April series, while the 22,200 may be an immediate support, the 22,000 mark, experts said. On March 28, the BSE Sensex rallied 655 points to 73,651, while the Nifty 50 jumped 203 points to 22,327 and formed a bullish candlestick pattern with an upper shadow on the daily charts. The index firmly climbed above the downward-sloping resistance trendline with above-average volumes and is now traded above all key moving averages. “The Nifty has rallied significantly, surpassing the 22,500 mark (intraday) after maintaining momentum beyond 22,100. Furthermore, there’s a clear breakout in consolidation on the daily timeframe, signaling rising optimism,” Nevertheless, the Nifty encountered initial resistance near its previous swing high of 22,526. Consequently, to sustain a continued rally, it must surpass the 22,525 level decisively, while on the downside, 22,200 could serve as short-term support, he said.
