Nifty:26178.95/-37.1/-0.14%;Candle:OF,Short day red; Bank Nifty:53834.3/-541.05/-1.0% Candle:OF,Long day red ; HB:OF,Long day red,1753,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long81%FutCash;-1209;Opt106%
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: Nil
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market snapped its six-day winning streak due to profit booking, with the Nifty 50 closing 37 points lower on September 27, the first day of the October series. However, the index maintained a higher highs-higher lows formation for another session, and volatility hit a fresh two-month low. As long as the index sustains above the 26,000 mark, reaching 26,500 cannot be ruled out in the upcoming sessions, especially after likely consolidation. The crucial support lies in the 25,900-25,800 zone, according to experts. The Nifty 50 formed a bearish candlestick pattern on the daily charts but continued the formation of bullish candlestick patterns on the weekly charts for the third consecutive week. Additionally, the momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) maintained an upward bias, indicating a positive trend ahead. The Bank Nifty recorded a Bearish Belt Hold pattern formation on the daily charts with above-average volumes after a recent sharp uptrend, which is somewhat negative. However, the index still held on to the weekly low on a closing basis, finishing down 541 points at 53,834 on Friday. On the weekly charts, the index saw a Shooting Star-like pattern formation (a bearish reversal pattern) after big green candles in the previous two weeks, signaling some caution given the likely limited upside, though the broader trend remains bullish.
Nifty:26216.05/211.9/0.81%;Candle:OF,Long day green; Bank Nifty:54375.35/273.7/0.51% Candle:OF,Long day green ; HB:Of,Doji,1778
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long80%FutCash;630;Opt108%
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: Nil
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The buying interest across key sectors helped the benchmark indices maintain a record-high streak, as the Nifty 50 hit 26,250 for the first time on September 26, during the monthly F&O expiry session, rising by 212 points. It sustained the higher highs formation for the seventh consecutive session, with volatility dropping to a two-month low. As a result, the next target for the index to watch would be 25,300, followed by 25,500, as long as it holds 26,000 as support. However, intermittent consolidation cannot be ruled out, experts said,he Nifty 50 recorded a bullish candlestick pattern on the daily timeframe, with above-average volumes and an expansion of Bollinger Bands. The momentum indicator, RSI (Relative Strength Index at 78.25), maintained a positive bias but approached the overbought level, indicating a need for caution. The Bank Nifty also formed a bullish candlestick pattern on the daily charts, with average volumes and a higher high-higher low formation. It rose by 274 points to close at a new high of 54,375. On the weekly scale, it also displayed a bullish candle formation with a continuation of higher tops and higher bottoms for another week, accompanied by positive bias in momentum indicators such as the RSI and MACD.
Nifty:26004.5/63.75/0.25%;Candle:OGD,Short day green; Bank Nifty:54101.65/133.05/0.25% Candle:OGD,Short day green ; HB:OGD,Short day green,1777.
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long75%FutCash;-974;Opt102%
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: Aditya Birla Fashion & Retail, Granules India, Hindustan Copper, Vodafone Idea, Indian Energy Exchange
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The Nifty 50 reported a smart recovery from the day’s low in late trade and continued its positive trend for the fifth consecutive session on September 25, recording a new closing high of 26,004 ahead of the monthly F&O expiry session (on Thursday), up by 64 points, with a fall in the VIX. Experts noted that with the continuation of higher highs formation, the trend is expected to remain strong. If the index sustains above 26,000, then the 26,200-26,300 zone is the one to watch, while support remains at the 25,800 level. The Nifty 50 formed a bullish candlestick pattern on the daily charts, accompanied by a positive bias in the momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence). The strong formation of higher highs continues. However, the index is trading near the upper band of the ‘rising channel,’ which could restrict the momentum. Hence, participants need to remain cautious in the coming sessions. The Bank Nifty also recorded a bullish candlestick pattern formation on the daily timeframe, supported by above-average volumes ahead of the monthly expiry session. However, it negated the higher highs-higher lows formation for the first time in the last 10 consecutive sessions.
Nifty:25940.4/1.35/0.01%;Candle:OF,Doji; Bank Nifty:53968.6/-137.6/-0.25% Candle:OF,Doji ; HB:OF,Doji,1767.
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long72%FutCash;-2784;Opt102%
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, Indian Energy Exchange
Stocks retained in F&O ban: Aditya Birla Fashion & Retail, Granules India, Vodafone Idea
Stocks removed from F&O ban: Aarti Industries, Biocon, Chambal Fertilisers and Chemicals, GNFC, LIC Housing Finance, NALCO, Oracle Financial Services Software, Punjab National Bank, SAIL
Market wrap up(DWM,T,N,E):The Nifty 50 maintained its upward momentum for the fourth consecutive session, ending at a record closing high of 25,940, up 1.4 points, although it failed to close above the 26,000 mark on September 24. According to experts, the index is likely to remain rangebound, with immediate support at 25,800 and resistance at 26,000, though the overall uptrend remains intact. Above 26,000, the next resistance is at 26,200, while below 25,800, crucial support is at 25,500.
Nifty:25935.05/148.1/0.57%;Candle:OGU,Doji; Bank Nifty:54105.8/312.6/0.58% Candle:OGU,Short day green ; HB:OGU,Short day green,1757
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long75%FutCash;404;Opt103%
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 & Retail, Vodafone Idea
Stocks retained in F&O ban: Aarti Industries, Biocon, Chambal Fertilisers and Chemicals, GNFC, Granules India, LIC Housing Finance, NALCO, Oracle Financial Services Software, Punjab National Bank, SAIL
Stocks removed from F&O ban: RBL Bank
Market wrap up(DWM,T,N,E):The market continued its upward trend, with benchmark indices hitting fresh record highs on September 23. The Nifty 50 soared 148 points to close at a new high of 25,939, continuing its pattern of higher highs and lows as well as northward rally for the third consecutive session. Experts suggest that the bulls may drive the index above the 26,000 mark soon, with the next resistance level at 26,200. However, if it fails to surpass that, the index may consolidate, with immediate support at 25,800 and crucial support at 25,500. The Bank Nifty has maintained a higher highs-higher lows formation and continued its upward trend for the eighth consecutive session, closing at a fresh high of 54,106 with a gain of 313 points. The index also formed a bullish candlestick pattern on the daily timeframe with average trading volumes and an expansion of Bollinger bands. Momentum indicators showed a positive bias. he Nifty 50 formed a bullish candlestick pattern on the daily charts, accompanied by an expansion of Bollinger bands. Momentum indicators, such as the RSI (Relative Strength Index at 74) and MACD (Moving Average Convergence Divergence), remained in positive territory.
Nifty:25790.95/375.15/1.48%;Candle:OGU,Long day green,; Bank Nifty:53793.2/755.6/1.42% Candle:OGU,Long day green, ; HB:OGU,Long day green,1741.
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long76%FutCash;14064;Opt103%
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, Biocon, Chambal Fertilisers and Chemicals, GNFC, Granules India, LIC Housing Finance, NALCO, Oracle Financial Services Software, Punjab National Bank, RBL Bank, SAIL
Stocks removed from F&O ban: Birlasoft
Market wrap up(DWM,T,N,E):The benchmark index Nifty 50 recorded a robust rally and ended at a new closing high of 25,791, up 375 points on September 20. The index closed above the rising resistance trendline with a positive bias in the momentum indicators, RSI and MACD, which are key drivers. As a result, the trend remains positive, and the next resistance to watch would be the 26,000 mark in the monthly F&O expiry week, but only after some consolidation, with support at 25,500, according to experts. The Nifty 50 formed a long bullish candlestick pattern on the daily charts with above-average volumes and maintained a higher highs-higher lows formation for another session. On the weekly timeframe, the index saw a breakout from the last three weeks’ congestion zone and recorded a bull candle with a higher high-higher low formation.
Nifty:25415.8/38.25/0.15%;Candle:OGU,Short day red; Bank Nifty:53037.6/287.2/0.54% Candle:Short day green; HB:OGU.Short day green
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long68%FutCash;-2547;Opt100%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Chambal Fertilisers and Chemicals, NALCO, SAIL
Stocks retained in F&O ban: Aarti Industries, Biocon, Birlasoft, GNFC, Granules India, LIC Housing Finance, Oracle Financial Services Software, Punjab National Bank, RBL Bank
Stocks removed from F&O ban: Balrampur Chini Mills
Market wrap up(DWM,T,N,E):The benchmark indices reacted positively to the 50 bps cut in the federal funds rate, with the Nifty 50 rising 235 points to over 25,600 intraday. However, it could not sustain all of those gains due to profit booking, ending with a 38-point gain at 25,416 on September 19. The index failed to sustain above the upward-sloping resistance trendline, which is crucial for a further upward move towards 25,600. Until then, it may consolidate with support at 25,300, according to experts. The Nifty 50 formed a bearish candlestick pattern with a long upper shadow on the daily charts, indicating profit booking at higher levels. However, it remained above all key moving averages, with a positive bias in momentum indicators such as the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence).
Nifty:25377.55/-41/-0.16%;Candle:OF,Doji; Bank Nifty:525750.4/561.75/-1.08% Candle:OF,Long day green ; HB:OGU,Long day green,1693
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long69%FutCash;1154;Opt100%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Oracle Financial Services Software
Stocks retained in F&O ban: Aarti Industries, Balrampur Chini Mills, Biocon, Birlasoft, GNFC, Granules India, LIC Housing Finance, Punjab National Bank, RBL Bank
Stocks removed from F&O ban: Bandhan Bank, Hindustan Copper
Market wrap up(DWM,T,N,E):Market participants preferred small profit booking ahead of a key event—the outcome of US Federal Reserve’s monetary policy meeting. The central bank reduced benchmark interest rates by 50 basis points to 4.75 percent-5.00 percent. The Nifty 50 fell 41 points to 25,378 amid volatility on September 18. The 25,500 level is expected to be a key hurdle on the higher side, with a move towards 25,800 possible. Immediate support lies at 25,300, followed by 25,000, which is considered crucial, experts said. The Nifty 50 formed a small bearish candlestick pattern with upper and lower shadows on the daily charts, indicating market volatility. The index moved closer to the upward-sloping resistance trendline and sustained levels above all key moving averages.
Nifty:25418.55/34.8/0.14%;Candle:OF,Doji; Bank Nifty:52188.65/35.5/0.07% Candle:OF,Doji ; HB:OGU,Short day red,1669.
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long68%FutCash;483;Opt101%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Biocon, Punjab National Bank
Stocks retained in F&O ban: Aarti Industries, Balrampur Chini Mills, Bandhan Bank, Birlasoft, GNFC, Granules India, Hindustan Copper, LIC Housing Finance, RBL Bank
Stocks removed from F&O ban: Chambal Fertilisers and Chemicals
Market wrap up(DWM,T,N,E):The Nifty 50 reported a Doji candlestick pattern formation on the daily charts at the high, indicating indecision among buyers and sellers regarding the future market trend. The index sustained above all key moving averages and traded near the upward-sloping resistance trendline adjoining previous swing highs, The Nifty 50 recorded a new closing high of 25,419, ending with moderate gains of 35 points on September 17. The positive bias in the momentum indicators, RSI and MACD, was a key driver. Experts suggest that if the index gives a decisive close above 25,500 or climbs above the upward-sloping resistance trendline, then a rally towards 25,800 cannot be ruled out
