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.
