Nifty:24139/-208/-0.85%;Candle:OGD,Long day red; Bank Nifty:49831.85/-746.1/-1.48% Candle:OGD,Long day red ; HB:OGD,Long day red,1608,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long48%FutCash;-2107;Opt92%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Aarti Industries, Chambal Fertilisers and Chemicals
Stocks retained in F&O ban: Aditya Birla Capital, Aditya Birla Fashion and Retail, Bandhan Bank, Biocon, Birlasoft, Granules India, India Cements, IndiaMART InterMESH, LIC Housing Finance, Manappuram Finance, Punjab National Bank, RBL Bank, SAIL, Sun TV Network
Stocks removed from F&O ban: Hindustan Copper
Market wrap up(DWM,T,N,E):Bears took control of Dalal Street, dragging the benchmark indices down by nearly nine-tenths of a percent on August 13. The Nifty 50 found support at 24,100, falling 208 points to close at 24,139. According to experts, the structure appears weak. As long as the index holds above 24,000, it suggests that the index may remain in consolidation and rangebound mode, with a hurdle on the higher side at 24,500. A break on either side (24,000-24,500) is expected to determine the next direction for the index. After a High Wave kind of pattern in the previous session, the Nifty formed a bearish candlestick pattern on the daily charts, with momentum indicators such as the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) remaining in negative territory.
Nifty:24347/-20.5/-0.08%;Candle:OGD,Doji; Bank Nifty:50577.95/93.45/0.19% Candle:OGD,Short day green ; HB:OGD,Short Day Green,1660,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long51%FutCash;+4681;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: Sun TV Network
Stocks retained in F&O ban: Aditya Birla Capital, Aditya Birla Fashion and Retail, Bandhan Bank, Biocon, Birlasoft, Granules India, Hindustan Copper, India Cements, IndiaMART InterMESH, LIC Housing Finance, Manappuram Finance, Punjab National Bank, RBL Bank, SAIL
Stocks removed from F&O ban: GNFC
Market wrap up(DWM,T,N,E):The market did not experience a major impact from the Hindenburg allegations, showing a smart recovery from the day’s low to close with only a small loss of 21 points at 24,347 on August 12. The Nifty 50 remained above the 5-day EMA (24,318), but failed to close above the 21-day EMA (24,391). Experts suggest that until the index decisively closes and sustains above 24,400, the consolidation is expected to continue, with immediate support in the 24,300-24,200 zone. However, if it rises above 24,400, the next level to watch will be 24,700. The Nifty has formed a small bullish candlestick pattern with long upper and lower shadows, resembling a High Wave candlestick pattern on the daily charts, indicating volatility ahead. Momentum indicators, such as RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence), remain negative.
Nifty:24367.5/250.5/1.04%;Candle:OGU,Doji; Bank Nifty:50484.5/327.8/0.65% Candle:OGU,Short day red, ; HB:OGU,Doji,1650,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long52%FutCash;407;Opt90%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Bandhan Bank, Biocon, Granules India, SAIL
Stocks retained in F&O ban: Aditya Birla Capital, Aditya Birla Fashion and Retail, Birlasoft, GNFC, Hindustan Copper, India Cements, IndiaMART InterMESH, LIC Housing Finance, Manappuram Finance, Punjab National Bank, RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market closed one percent higher after a gap-up opening but failed to sustain above the short-term moving averages (10 and 21-day EMA), which coincides with the 24,400 mark on August 9. This is a crucial level to watch for further upside towards 24,700, the upper end of the bearish gap created on August 5. If the index fails to close and sustain above 24,400, consolidation may continue with support at the 24,100-24,000 zone, according to experts. The Nifty 50 finished the week 1.4 percent down at 24,368. The Nifty has formed a bearish candlestick pattern with minor upper and lower shadows on the daily charts. However, on the weekly timeframe, a Hammer-like candlestick pattern was formed at the bottom, which is a trend reversal pattern, with the Nifty holding above the 10-day EMA for the 13th consecutive week. Meanwhile, the momentum indicator RSI (Relative Strength Index) showed a negative crossover on the weekly scale.
Nifty:24117/180.5/0.74%;Candle:OGD,Short day red; Bank Nifty:50156.7/37.7/0.08% Candle:OF,Doji ; HB:OF,Short day green,1640,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long51%FutCash;-2627;Opt85%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Punjab National Bank
Stocks retained in F&O ban: Aditya Birla Capital, Aditya Birla Fashion and Retail, Birlasoft, GNFC, Hindustan Copper, India Cements, IndiaMART InterMESH, LIC Housing Finance, Manappuram Finance, RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The benchmark indices closed a rangebound and volatile session lower on August 8, erasing more than half of the previous day’s gains due to weak global cues and after the RBI maintaining policy rates unchanged. The Nifty 50 shed 181 points, closing at 24,117. The 24,400 level, which is near the current week’s high, is expected to be crucial for further upside towards 24,700. However, the 24,000-23,900 range is expected to be key for any downside going forward, according to experts. The Nifty has formed a bearish candlestick pattern on the daily charts, while the momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) maintained a negative bias. The index continued to trade in the lower band of the Bollinger Band.
Nifty:24297.5/304.5/1.27%;Candle:OGU,Doji; Bank Nifty:50119.0/370.7/0.75% Candle:OGU,Doji ; HB:OGU,Short day green,1629,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long56%FutCash;-3315;Opt91%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Aditya Birla Fashion and Retail
Stocks retained in F&O ban: Aditya Birla Capital, Birlasoft, GNFC, Hindustan Copper, India Cements, IndiaMART InterMESH, LIC Housing Finance, Manappuram Finance, RBL Bank
Stocks removed from F&O ban: Chambal Fertilisers and Chemicals, Granules India
Market wrap up(DWM,T,N,E):The market recorded a positive close for the first time in the last four consecutive sessions on August 7, but remained within the previous day’s range, with the Nifty 50 rising by 1.3 percent following an uptrend in global peers. Until the index decisively breaks through 24,400, the consolidation may continue with 24,100-24,000 acting as a support in the coming sessions. However, above this level, it may march towards 24,700, according to experts. The Nifty has formed a Doji-like candlestick pattern on the daily charts as the closing was near its opening levels, indicating indecision among buyers and sellers about the future market trend. The momentum indicator RSI (Relative Strength Index) stayed above the 40 mark on the daily charts, and on the hourly timeframe, there was a positive crossover.
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.
Nifty:24055.6/-662.1/-2.68%;Candle:OGD,Long day red; Bank Nifty:50092.1/-1258.05/-2.45% Candle:OGD,Long day red ; HB:OGD,Short day red,1623,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long60%FutCash;-10074;Opt95%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Hindustan Copper
Stocks retained in F&O ban: Aditya Birla Capital, Birlasoft, Chambal Fertilisers and Chemicals, GNFC, Granules India, India Cements, IndiaMART InterMESH, RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market extended significant losses for another session, dropping 2.7 percent following severe global weakness on August 5. The Nifty 50 has broken the crucial support of 24,500, finishing at 24,056, down 662 points or 2.68 percent. Experts anticipate further selling pressure due to consecutive gap-down openings. If the index decisively breaks 24,000, the next downside level to watch is 23,600. In case of a bounce back, it may face resistance in the 24,200-24,400 zone. The Nifty 50 has formed a long bearish candlestick pattern on the daily charts with above-average volumes, while momentum indicators such as the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are showing a negative trend. The index defended its 50-day EMA (Exponential Moving Average) at 23,964.
Nifty:24717.7/-293.2/-1.17%;Candle:OGD,Short day red; Bank Nifty:51350.15/-213.85/-0.41% Candle:OGD,Short day green ; HB:OGD,1658.Long day green,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long64%FutCash;-3310;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: Aditya Birla Capital, Chambal Fertilisers and Chemicals
Stocks retained in F&O ban: Birlasoft, GNFC, Granules India, India Cements, IndiaMART InterMESH, RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market had a gap-down opening and recorded a loss of more than one percent on August 2, snapping a five-day winning streak. The Nifty 50 failed to sustain the psychological 25,000 mark and closed 293 points down at 24,718 due to global weakness. According to experts, further weakness can’t be ruled out. The immediate support for the index lies around 24,600-24,500, with crucial support at 24,100, while 24,800 is likely to be an immediate hurdle on the higher side. The Nifty 50 has broken down below the 10-day EMA (Exponential Moving Average) and formed a bearish candlestick pattern on the daily charts with higher volumes, while the momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) show a negative crossover.
Nifty:25010.9/59.75/0.24%;Candle:OF,Doji; Bank Nifty:51564/10.6/0.02% Candle:OF,Doji ; HB:OF,Short Day Green,1648,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long%FutCash;;Opt%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Market wrap up(DWM,T,N,E):The benchmark index opened with a gap-up above the 25,000 milestone. Despite gradually losing momentum, the Nifty50 index concluded the session on a positive note, managing to settle above the 25,000 mark for the first time. However, the market breadth remains restrained, with limited support from the bulls, indicating a sign of timidity. From a technical standpoint, for Nifty, 24,800 remains the crucial support zone, where buying is anticipated to emerge, followed by the sacrosanct support of the 24,600-24,500 zone. On the higher end, as per experts, 25,080-25,100 appears to be an intermediate obstacle, followed by the golden retracement placed at the 25,340 zone in the comparable period. Nifty formed a Doji candlestick on the daily chart at its peak. On the hourly chart, it sustains above the 10-20 EMA, indicating continued bullish momentum.
