Nifty:25145.1/-53.6/-0.21%;Candle:OGU,Short day red; Bank Nifty:51473.05/72.8/0.14% Candle:OGU,Short day red ; HB:OGU,Short day red,1645,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long68%FutCash;-689;Opt98%
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, Chambal Fertilisers and Chemicals
Stocks retained in F&O ban: Aditya Birla Fashion and Retail, Balrampur Chini Mills, Hindustan Copper, RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market failed to sustain higher levels and finished moderately lower for the second consecutive session but still held above all key moving averages as of September 5. Overall, the trend remains positive. The Nifty 50 is likely to remain range-bound, with immediate support at 25,080 (the low of the previous day’s low, which coincides with the previous swing high of August 1 as well as the 10-day EMA), while resistance remains in the 25,300-25,350 area, according to experts. The Nifty 50 formed a bearish candlestick pattern resembling a Dark Cloud Cover-like pattern (not a classical one) on the daily timeframe. There was a negative crossover in the momentum indicator RSI (Relative Strength Index), but it remains above the 60 level. The index is still well above all key moving averages, which is a positive sign.
