Things to note(Traders&Investors): 29JuLy 2024 Mon,@8.20AM Clone

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

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