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.
