Nifty:23992.55/-63.05/-0.26%;Candle:OGU,Long day red; Bank Nifty:49748.3/-343.8/-0.69% Candle:OGU,Long day red ; HB:OGU,Long day red,1603,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long57%FutCash;-3531;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: LIC Housing Finance, Manappuram Finance
Stocks retained in F&O ban: Aditya Birla Capital, Birlasoft, Chambal Fertilisers and Chemicals, GNFC, Granules India, Hindustan Copper, India Cements, IndiaMART InterMESH, RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market wiped out all its gains in late trade and closed moderately lower despite a rally in Asian peers on August 6. The Nifty 50 fell just below 24,000, finishing at 23,993, down 63 points, but it defended the 50-day EMA (23,965). Overall, the primary trend is expected to remain weak, with immediate key support at 23,800. However, if the index manages to hold 23,965, the chances of a bounce back towards 24,400-24,500 can’t be ruled out in the upcoming sessions, experts said, The momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) remained weak, while the Nifty 50 has formed a bearish candlestick pattern with an upper shadow on the daily timeframe, indicating selling pressure at higher levels.
