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.
