Nifty:24836.1/1.25/0.01%;Candle:OGU,Short day red; Bank Nifty:51406.25/110.3/0.2% Candle:OGU,Short day red ; HB:OGU,1605,Short day red
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long65%FutCash;-2575;Opt103%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: India Cements
Stocks retained in F&O ban: Nil
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market staged a spectacular start to the week, moving closer to the 25,000 mark, but wiped out gains in the second half and closed flat on July 29. The benchmark indices recorded a new closing high, with the Nifty 50 finishing the session at 24,836.10, up 1.25 points. The 24,600-24,500 zone is likely to be a key support area. However, if the index holds 24,800 in the coming sessions amid likely consolidation, then the 25,000-25,200 range is the area to watch on the higher side, experts said. The Nifty 50 has formed a bearish candlestick pattern on the daily charts with above-average volumes. The momentum indicator RSI (Relative Strength Index) shows negative divergence, although the higher highs-higher lows formation continued for another session, indicating the possibility of consolidation overall.
Nifty:24834.85/428.75/1.76%;Candle:OF,Long day green; Bank Nifty:51295.95/407.2/0.8% Candle:OF,Short day green ; HB:OF,Doji,1616,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long63%FutCash;2546;Opt104%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Nil
Stocks retained in F&O ban: Nil
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market had a strong follow-up session and marked a good start to the August series. The Nifty 50 climbed higher as the day progressed and ended at a new closing high of 24,835, up 429 points or 1.8 percent, with buying across sectors on July 26. It also gained 1.2 percent for the week. Sustaining above 24,800 from here on can take the index towards the much-awaited 25,000 mark soon, with 24,400 being the key support, experts said. The Nifty 50 has formed a long bullish candlestick pattern on the daily charts with above-average volumes, climbing above all key moving averages. The momentum indicator RSI (Relative Strength Index) shows a positive crossover, while on the weekly timeframe, the MACD (Moving Average Convergence Divergence) maintained an upward bias. The index formed a bullish candlestick pattern with a long lower shadow, indicating buying interest at lower levels.
Nifty:24406.1/-7.4/-0.03%;Candle:OGD,Short day green; Bank Nifty:50888.75/-428.25/-0.83% Candle:OGD,Doji ; HB:OGD,1617,Short day green
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long57%FutCash;-2605;Opt108%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Nil
Stocks retained in F&O ban: Nil
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):After opening sharply lower, the benchmark indices took an almost ‘U’ turn as the day progressed and closed the session flat with a negative bias on July 25, the monthly F&O expiry session. Experts expect the Nifty 50 to march towards 24,500-24,600, the crucial hurdle zone, as long as the index defends the 20-day SMA (24,373) support on a closing basis. However, breaking this support could drag it down towards 24,200, and then 24,000.
Nifty:24413.5/-65.55/-0.27%;Candle:OF,Doji; Bank Nifty:51317.0/-461.3/-0.89% Candle:OGD,Long day red ; HB:OGD,1608,Doji
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long69%FutCash;-5131;Opt96%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Vodafone Idea
Stocks retained in F&O ban: India Cements
Stocks removed from F&O ban: SAIL, GNFC
Market wrap up(DWM,T,N,E):The market extended its downtrend for four consecutive days, although overall it was a consolidative session on July 24, possibly awaiting more corporate earnings. Considering the significant fall in volatility and taking support at the 21-day EMA (24,250), the Nifty 50 may hit 24,600, the key hurdle for its upward journey towards a record high, in the coming sessions. However, breaking of 24,250 can drag it down to 24,100.
Nifty:24479.05/-30.2/-0.12%;Candle:OGU,Hammer; Bank Nifty:51778.3/-502.1/-0.96% Candle:OGU,Long day red ; HB:OGU,Long day red,1619,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long74%FutCash;-2975;Opt97%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Nil
Stocks retained in F&O ban: GNFC, India Cements, SAIL
Stocks removed from F&O ban: Chambal Fertilisers and Chemicals, Bandhan Bank, Hindustan Aeronautics, Piramal Enterprises
Market wrap up(DWM,T,N,E):The market closed marginally in the red after showing a significant recovery of over 1,200 points from the day’s low on the BSE Sensex and 400 points on the Nifty 50, following the largely in-line-with-expected Union Budget, barring the negative aspect on the capital gains tax front. Experts expect the Nifty 50 to resume its upward journey soon towards 24,850 as long as it holds the 24,300-24,200 levels.
Nifty:24509.25/-21.65/-0.09%;Candle:OGD,Short day green; Bank Nifty:52280.4/14.8/0.03% Candle:OGD,Short day green ; HB:OF,1642,Short day green
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long77%FutCash;;Opt100%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Chambal Fertilisers and Chemicals, GNFC
Stocks retained in F&O ban: Bandhan Bank, Hindustan Aeronautics, India Cements, Piramal Enterprises, SAIL
Stocks removed from F&O ban: Balrampur Chini Mills, GMR Airports Infrastructure, Hindustan Copper, Vedanta
Market wrap up(DWM,T,N,E):
The Nifty 50 managed to defend 24,500 and the 10-day EMA (24,475) on a closing basis due to a nearly 150-point recovery from the day’s low, although it closed below the support trendline amid volatility with moderate losses on July 22, as participants cautiously await the Union Budget lined up on July 23. Most experts believe 24,000 is likely to be a critical support level, and 24,850 is expected to be a key hurdle on the higher side in the coming session. The Nifty 50 has formed a bullish candlestick pattern with upper and lower shadows on the daily scale, indicating volatile movement. There was also a lower high-lower low formation. The momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) showed a negative trend, indicating a bit of weakness in the near term.
Nifty:24530.9/-269.95/-1.09%;Candle:OGU,Long day red; Bank Nifty:52265.6/-355.1/-0.67% Candle:OGD,Short day red ; HB:OF,1605,Doji,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long79%FutCash;1506;Opt98%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Nil
Stocks retained in F&O ban: Balrampur Chini Mills, Bandhan Bank, GMR Airports Infrastructure, Hindustan Aeronautics, Hindustan Copper, India Cements, Piramal Enterprises, SAIL, and Vedanta
Stocks removed from F&O ban: GNFC, RBL Bank
Market wrap up(DWM,T,N,E):The market reversed all its previous day’s gains and snapped a four-day winning streak on July 19, falling one percent as participants preferred to book profits ahead of Budget week. The Nifty 50 dropped 270 points to 24,531. The market seems cautious, making 24,000 a crucial area on the downside, while in case of a bounce, 24,900 is the level to watch, experts said. The Nifty 50 has formed a bearish candlestick pattern, resembling a Bearish Engulfing pattern on the daily charts, which is a trend reversal pattern. The momentum indicator RSI (Relative Strength Index) shows a negative crossover. On the weekly scale, it formed a Shooting Star pattern at the top, which is also a bearish reversal pattern.
Nifty:24800.85/187.85/0.76%;Candle:OGD,Long day green; Bank Nifty:52620.7/223.9/0.43% Candle:OGD,Short day green ; HB:OGD,1615,Doji,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long81%FutCash;5483;Opt111%
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, Hindustan Aeronautics, India Cements, SAIL
Stocks retained in F&O ban: Balrampur Chini Mills, GMR Airports Infrastructure, GNFC, Hindustan Copper, Piramal Enterprises, RBL Bank, Vedanta
Stocks removed from F&O ban: Chambal Fertilisers and Chemicals
Market wrap up(DWM,T,N,E):The benchmark indices reached another milestone on July 18, backed by quarterly earnings and ahead of the Union Budget scheduled on July 23. The Nifty 50 closed above 24,800 for the first time, up 188 points or 0.8 percent. Considering the ongoing momentum ahead of the big event, it is likely to touch 25,000 soon, with support at 24,600-24,500 levels, experts said.
Nifty:24613/26.3/0.11%;Candle:OF,Doji; Bank Nifty:52396.8/-59.1/-0.11% Candle:OF,Doji ; HB:OF,Doji,1621,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long81%FutCash;1272;Opt105%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Balrampur Chini Mills, Piramal Enterprises, Vedanta
Stocks retained in F&O ban: Chambal Fertilisers and Chemicals, GMR Airports Infrastructure, GNFC, Hindustan Copper, RBL Bank
Stocks removed from F&O ban: Aditya Birla Fashion & Retail, India Cements, Indus Towers
Market wrap up(DWM,T,N,E):Despite consolidation, the market maintained its record closing high spree for three days in a row on July 16. The Nifty 50 closed above 24,600 for the first time, with 26 points gains. If the index sustains 24,500, then the next target to watch out for would be 24,700-24,800 in the coming sessions, with key support at 24,300, experts said. The Nifty 50 continued its higher highs-higher lows formation for three straight sessions, with a positive bias in momentum indicator RSI (Relative Strength Index). However, back-to-back Doji candlestick pattern formation at the top raised a concern.
Nifty:24586.7/84.55/0.35%;Candle:OGU,Doji; Bank Nifty:52455.9/117.07/0.34% Candle:OF,Doji ; HB:OF,Doji,1623,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long80%FutCash;2685;Opt103%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Hindustan Copper
Stocks retained in F&O ban: Aditya Birla Fashion & Retail, Chambal Fertilisers and Chemicals, GMR Airports Infrastructure, GNFC, India Cements, Indus Towers, RBL Bank
Stocks removed from F&O ban: Balrampur Chini Mills, Bandhan Bank, Indian Energy Exchange, Piramal Enterprises
Market wrap up(DWM,T,N,E):The market extended its upward journey for another session amid consolidation and recorded a fresh all-time closing high on July 15, with the Nifty 50 surpassing 24,600 intraday for the first time. The index climbed 86 points to 24,587. Going forward, 24,600 is crucial; closing above this level could propel it towards the 24,900-25,000 zone, with immediate support seen at 24,400, according to experts. The Nifty 50 formed a Doji candlestick pattern on the daily charts, indicating indecision among buyers and sellers about the future market trend. The momentum indicators RSI and MACD showed a positive bias. Such patterns, when formed at the top, might signal trend reversal, but confirmation in the following session is needed.
