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.
