Nifty:23914.15/-360.75/-1.49%;Candle:Of,Long day red; Bank Nifty:51906.85/-394.95/-0.76% Candle:OF,Long day red ; HB:OF,Long day red,1793
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long33%FutCash;-11756;Opt81%
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 Nifty 50 decisively broke the three-day consolidation range of 24,100–24,350 on the downside and fell below the 24,000 mark, registering a 1.5 percent loss on the monthly F&O expiry session of November 28. The index formed a long red candle on the daily charts and fell to the lower band of the Bollinger Bands, signaling weakness. If the index extends its downtrend, the level to watch is 23,600 (200-day EMA), but if it rebounds, resistance could be found in the 24,100–24,200 zone, according to experts. he Nifty 50 formed a long bearish candlestick pattern on the daily timeframe after failing to surpass the 24,350 level (a key hurdle) for the fourth consecutive session, with above-average volumes. The index decisively closed not only below the 10- and 20-day EMA (exponential moving averages) but also below the midline of the Bollinger Bands (which is the 20-day SMA – simple moving average), signaling a negative outlook. It also nearly filled the large bullish opening gap created on . The Bank Nifty formed a bearish candlestick pattern with an upper shadow on the daily charts, indicating pressure at higher levels. The index could not sustain above the horizontal resistance trendline as well as failed to hold above the 50 percent Fibonacci retracement level (from the record high seen in September to the November low). However, it is still trading within the upper band of the Bollinger Bands and remains above all key moving averages.
