Nifty:%;Candle:OGD,Short day green; Bank Nifty:% Candle:OGD,Doji ; HB:OGD,Doji
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long32%FutCash;;Opt92%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Indian Energy Exchange, National Aluminium Company, Punjab National Bank
Stocks retained in F&O ban: Aditya Birla Capital, Balrampur Chini Mills, Bandhan Bank, Biocon, GMR Airports Infrastructure, Granules India, Vodafone Idea, India Cements, Piramal Enterprises, and Zee Entertainment Enterprises.
Stocks removed from F&O ban: Birlasoft, Hindustan Copper, SAIL
Market wrap up(DWM,T,N,E):Equity benchmarks maintained an upward journey amid consolidation and closed the first session of the current week on a positive note on May 21, continuing the uptrend for the fourth straight session. The Nifty 50 managed to hold onto 22,500 on the closing basis for yet another trading day and formed a bullish candlestick pattern on the daily charts, with the momentum indicator RSI (relative strength index) showing a positive crossover. However, RSI on the hourly charts gave a negative crossover with a further sharp increase in volatility, indicating consolidation in the coming sessions before marching towards a record high. The Nifty 50 closed at 22,529, up 27 points or 0.12 percent for Tuesday. Experts expect the index to consolidate in the range of 22,400-22,600, and breaking this range on either side to give further direction. The support is expected to remain at 22,300-22,200 levels, with the major hurdle at 22,700-22,800 on the higher side. Meanwhile, the Bank Nifty managed to hold onto the 48,000 mark, falling 151 points or 0.31 percent to 48,048 and forming a bullish candlestick pattern with a long upper shadow on the daily charts, indicating selling pressure at higher levels.
