Things to note(Traders&Investors):16 JuLy 2024 Tues,@8.20AM

  • Nik, Dj, Vix
  • Oil,  Gold, Bonds, Dollar,
  • 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.

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