Nifty:25052.35/34.6/0.14%;Candle:OF,Doji; Bank Nifty:51143.85/-134.9/-0.26% Candle:OF,Doji ; HB:OF,Doji,1635
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long62%FutCash;-1347;Opt90%
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, Granules India
Stocks retained in F&O ban: Hindustan Copper, India Cements
Stocks removed from F&O ban: Balrampur Chini Mills, Birlasoft
Market wrap up(DWM,T,N,E):The market continued to consolidate while maintaining an upward move for the tenth consecutive session, hitting a fresh record high and recording a new closing high on the Nifty 50 on August 28. The key drivers remain the positive bias in momentum indicators. Experts see a gradual upside in the index amid consolidation, targeting 25,200-25,300 in the coming sessions, with immediate support at 24,950 and crucial support at 24,800. The Nifty 50 formed a Doji-like candlestick pattern (though not a classical one) for another session, indicating consolidation and indecision among buyers and sellers regarding the future market trend. The momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) maintained a positive bias.
Nifty:25017.75/7.15/0.03%;Candle:OF,Doji; Bank Nifty:51278.75/130.65/0.26% Candle:OF,Doji ; HB:OF,Short day red,1634,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long58%FutCash;1503;Opt91%
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: Balrampur Chini Mills, Birlasoft, India Cements
Stocks removed from F&O ban: Aarti Industries, Aditya Birla Fashion and Retail, Chambal Fertilisers and Chemicals, Indian Energe Exchange, RBL Bank
Market wrap up(DWM,T,N,E):The market saw consolidation after a day of rally, closing flat with a positive bias on August 27. The Nifty 50 sustained its upward journey for the ninth straight day, while the momentum indicators RSI and MACD, the key drivers, maintained a positive bias. According to experts, further consolidation is expected, but as long as the index sustains above 25,000 on a closing basis, the 25,100-25,200 range is the immediate level to watch. The 24,950 level remains an immediate support. The Nifty 50 formed a Doji-like candlestick pattern on the daily charts as the closing was near its opening levels, indicating indecision among bulls and bears about the further trend. The index moved very close to its previous record high of 25,078.30 and maintained a higher highs, higher lows formation for another session.
Nifty:25010.6/187.45/0.76%;Candle:OGU,Short day green; Bank Nifty:51148.1/214.65/0.42% Candle:OGU,Doji ; HB:OGU,1639,Short Day Green,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long55%FutCash;483;Opt93%
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: Aarti Industries, Aditya Birla Fashion and Retail, Balrampur Chini Mills, Birlasoft, Chambal Fertilisers and Chemicals, Indian Energe Exchange, India Cements, RBL Bank
Stocks removed from F&O ban: GNFC, Granules India, Hindustan Copper, NALCO, Sun TV Network
Market wrap up(DWM,T,N,E):The market gained eight-tenths of a percent on August 26, marking a strong start to the monthly F&O expiry week. The Nifty 50 remained in positive territory for the eighth consecutive day. Momentum indicators like the RSI and MACD maintained a positive bias, serving as key drivers. Experts suggest that some consolidation can’t be ruled out before the index climbs towards the immediate resistance levels of 25,100 and then 25,400, while 24,950 is expected to serve as immediate support, followed by 24,700 as the next support. The Nifty 50 has formed a bullish candlestick pattern on the daily timeframe and displayed a higher top-higher bottom formation. It successfully closed the bearish gaps of August 2 and August 5 with Monday’s rally, which is a positive sign.
Nifty:24823.15/11.65/0.05%;Candle:OF,; Bank Nifty:50933.45/-52.25/-0.1% Candle:OF,Doji ; HB:OF,Short day red,1625,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long52%FutCash;1945;Opt94%
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
Stocks retained in F&O ban: Aarti Industries, Aditya Birla Fashion and Retail, Birlasoft, Chambal Fertilisers and Chemicals, GNFC, Granules India, Hindustan Copper, Indian Energe Exchange, India Cements, NALCO, RBL Bank, Sun TV Network
Stocks removed from F&O ban: LIC Housing Finance, Piramal Enterprises
Market wrap up(DWM,T,N,E):The benchmark indices remained rangebound for another session, closing flat with a positive bias on August 23. The Nifty 50 maintained an uptrend for the seventh consecutive session, while momentum indicators RSI and MACD, the key drivers, sustained a positive trend. The 24,800 level is expected to be crucial for further upside; if breached, 24,900-25,000 levels can’t be ruled out in the coming sessions. Meanwhile, 24,700 is likely to act as immediate support, with 24,500 being a crucial support level, according to experts. The Nifty 50 has formed a small bearish candlestick pattern (as the closing was lower than the opening level) with a lower shadow on the daily charts, indicating buying interest at lower levels. The index maintained its momentum as it remained above all key moving averages and above the middle band of the Bollinger Band.
Nifty:24811.5/41.3/0.17%;Candle:OGU,Short day red; Bank Nifty:50985.7/300.15/0.59% Candle:OGU, Doji; HB:OGU,Short day red,1628.6,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long52%FutCash;1372;Opt93%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
tocks added to F&O ban: Chambal Fertilisers and Chemicals, Indian Energe Exchange, RBL Bank
Stocks retained in F&O ban: Aarti Industries, Aditya Birla Fashion and Retail, Birlasoft, GNFC, Granules India, Hindustan Copper, India Cements, LIC Housing Finance, NALCO, Piramal Enterprises, Sun TV Network
Stocks removed from F&O ban: Balrampur Chini Mills
Market wrap up(DWM,T,N,E):The market closed the rangebound session on a positive note, rising 41 points to 24,812 and continuing its upward journey for the sixth consecutive session, with declining volatility on August 22. The key drivers include the continuation of higher highs and higher lows formation, as well as a positive bias in the momentum indicators RSI & MACD. If the index sustains above 24,800, then the 24,950-25,000 zone is the one to watch on the higher side, while 24,600 is the immediate support, with sacrosanct support at 24,500. The Nifty 50 has formed a bearish candlestick pattern on the daily charts as the closing was lower than the opening level. However, it continued the higher tops-higher bottoms formation for the fifth consecutive session, which is a positive sign. Additionally, it sustained above all key moving averages and above the middle band of the Bollinger band.
Nifty:24770.2/71.35/0.29%;Candle:OF,Long day green; Bank Nifty:50685.55/-117.6/-0.23% Candle:OGD,Doji ; HB:OGD,Short day red,1627,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long52%FutCash;-780;Opt93%
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: Aarti Industries, Aditya Birla Fashion and Retail, Balrampur Chini Mills, Birlasoft, GNFC, Granules India, Hindustan Copper, India Cements, LIC Housing Finance, NALCO, Piramal Enterprises, Sun TV Network
Stocks removed from F&O ban: Bandhan Bank, Manappuram Finance, RBL Bank, SAIL
Market wrap up(DWM,T,N,E):The relentless buying interest continued in the equity benchmark Nifty 50 for five days in a row, resulting in the formation of a bullish candlestick pattern on the daily timeframe on August 21. The Nifty 50 gained 71 points, closing at 24,770, with positive bias in momentum indicators RSI and MACD. According to experts, the index is likely to hit the 24,850-24,950 zone soon, as long as the 24,700 level holds in the coming sessions, while 24,500 remains a crucial support zone. The Nifty 50 maintained a higher highs, higher lows formation for the fourth consecutive session and sustained above all key moving averages. The index also stayed above the middle band of the Bollinger band, indicating the continuation of momentum.
Nifty:24698.85/126.2/0.51%;Candle:OGU,Short day green,; Bank Nifty:50803.15/434.8/0.86% Candle:OF,Short day green ; HB:OF,1633.inverted hammer,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long52%FutCash;-1458;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: NALCO
Stocks retained in F&O ban: Aarti Industries, Aditya Birla Fashion and Retail, Balrampur Chini Mills, Bandhan Bank, Birlasoft, GNFC, Granules India, Hindustan Copper, India Cements, LIC Housing Finance, Manappuram Finance, Piramal Enterprises, RBL Bank, SAIL, Sun TV Network
Stocks removed from F&O ban: Chambal Fertilisers and Chemicals, IndiaMART InterMESH, NMDC, Punjab National Bank
Market wrap up(DWM,T,N,E):The benchmark Nifty 50 extended its northward journey for the fourth consecutive session, finally bridging the bearish gap created on August 5. The index rose 126 points to 24,699 on August 20, with a positive bias in the momentum indicator, RSI (Relative Strength Index). If the index manages to defend 24,650 and consolidates around the same level, a further march towards 24,800-24,900 is likely in the coming sessions, with 24,500 acting as a support area, according to experts. The Nifty 50 maintained a higher highs-higher lows formation for the third consecutive session and formed a bullish candlestick pattern with minor upper and lower shadows on the daily charts. Additionally, it sustained above the upward-sloping resistance trendline and all key moving averages.
Nifty:24572.65/31.5/0.13%;Candle:OGU,Short day red; Bank Nifty:50368.35/-148.55/-0.29% Candle:OGU,Short day red ; HB:OF,1633,Doji
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long50%FutCash;-2667;Opt91%
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, Birlasoft, Hindustan Copper
Stocks retained in F&O ban: Aarti Industries, Aditya Birla Fashion and Retail, Bandhan Bank, Chambal Fertilisers and Chemicals, GNFC, Granules India, India Cements, IndiaMART InterMESH, LIC Housing Finance, Manappuram Finance, NMDC, Piramal Enterprises, Punjab National Bank, RBL Bank, SAIL, Sun TV Network
Stocks removed from F&O ban: Biocon
Market wrap up(DWM,T,N,E):The market started the day higher by around 100 points on the Nifty 50, but remained consolidative for most of the session and finally finished flat with a positive bias on August 19. As long as the index sustains above the 24,500-24,550 area, a march towards the 24,700-24,800 zone is likely amid consolidation in the coming sessions, while the 24,400-24,300 range is expected to act as a support area, experts said. The Nifty 50 formed a bearish candlestick pattern on the daily charts, but continued with a higher highs-higher lows formation and sustained above all key moving averages. It also stayed above the middle band of the Bollinger band, which is a positive sign.
Nifty:24514.15/397.45/1.05%;Candle:OGU,Long day green; Bank Nifty:50516.9/789.6/1.59% Candle:OGU,Long day green ; HB:OGU,Long day green,1632,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long50%FutCash;766;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: Nil
Stocks retained in F&O ban: Aarti Industries, Aditya Birla Fashion and Retail, Bandhan Bank, Biocon, Chambal Fertilisers and Chemicals, GNFC, Granules India, India Cements, IndiaMART InterMESH, LIC Housing Finance, Manappuram Finance, NMDC, Piramal Enterprises, Punjab National Bank, RBL Bank, SAIL, Sun TV Network
Stocks removed from F&O ban: Aditya Birla Capital, Birlasoft
Market wrap up(DWM,T,N,E):The market rebounded sharply, climbing above all key moving averages with a rise of 1.7 percent on August 16, following a couple of weeks of consolidation. The Nifty decisively closed above 24,500. If the index manages to sustain above this level, 24,700 (the upper end of the bearish gap of August 5) is the immediate hurdle on the higher side. Below it, the 24,300-24,200 range serves as the support zone to watch, according to experts.
Nifty:24143.75/4.75/0.02%;Candle:OF,Doji; Bank Nifty:49727.3/-104.55/-0.21% Candle:OF,Doji ; HB:OF,Doji,1608,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long47%FutCash;-2595;Opt87%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: GNFC, NMDC, Piramal Enterprises
Stocks retained in F&O ban: Aarti Industries, Aditya Birla Capital, Aditya Birla Fashion and Retail, Bandhan Bank, Biocon, Birlasoft, Chambal Fertilisers and Chemicals, Granules India, India Cements, IndiaMART InterMESH, LIC Housing Finance, Manappuram Finance, Punjab National Bank, RBL Bank, SAIL, Sun TV Network
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market closed moderately higher after a volatile session on August 14, with the Nifty 50 sustaining above the 24,100 mark. As long as the index holds this level, an upward movement towards the immediate resistance at 24,200-24,300 is possible. However, if the index falls below 24,100, the immediate support to watch is 24,000, according to experts. The Nifty 50 formed a small bearish candlestick pattern on the daily charts, continuing the formation of lower highs and lower lows. For the week so far, it has also formed a bearish candlestick pattern with an upper shadow on the weekly timeframe. The momentum indicator RSI (Relative Strength Index) shows a negative bias, although it has held on to the 10-week EMA (Exponential Moving Average).
