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.
