Nifty:22403.85/203.3/0.92%;Candle:OGU,Hammer; Bank Nifty:47977.05/289.6/0.61% Candle:OGU,Butter fly Doji ; HB:OGU,Short day green,1459,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long26%FutCash;;Opt86%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Bandhan Bank, Biocon, Granules India, India Cements
Stocks retained in F&O ban: Balrampur Chini Mills, Birlasoft, GMR Airports Infrastructure, Hindustan Copper, Vodafone Idea, Piramal Enterprises, SAIL, and Zee Entertainment Enterprises
Stocks removed from F&O ban: Canara Bank
Market wrap up(DWM,T,N,E):Considering the solid recovery from the day’s low in the last hour of trade as well as decisively surpassing 22,300 levels on May 16, the market seems to have turned strong after a day of consolidation. The Nifty 50 is likely to be headed towards 22,500-22,600 levels provided 22,300 acts as a support in the coming sessions, experts said. The Nifty 50 maintained higher highs formation with above average volumes on the weekly F&O expiry session and now traded above all key moving averages with momentum indicator RSI (relative strength index placed at 53) giving a positive crossover, which are all positive signs.
