Things to note(Traders&Investors): 23Sep 2024 Mon ,@8.20AM

  • Nik, Dj, Vix
  • Oil,  Gold, Bonds, Dollar,
  • 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.

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