Stocks retained in F&O ban: Angel One, Oracle Financial Services Software, RBL Bank
Stocks removed from F&O ban: HFCL
Market wrap up(DWM,T,N,E):The Nifty 50 recorded a 0.4 percent gain on September 17, surpassing the 25,250 level and continuing the higher highs-higher lows pattern, supported by bullish momentum indicators—especially ahead of the US Federal Reserve meeting outcome due tonight. Experts expect the index to reclaim 25,550 and then 25,669 (the current year’s high, hit on June 30, from where selling pressure had previously resumed) in the upcoming sessions, provided it holds the 25,150–25,000 zone as a crucial support area. A move below this support could invite some selling pressure. The Nifty 50 formed a bullish candle on the daily timeframe and tested the upper line of Bollinger Bands, with the bands expanding, indicating a positive trend. The 10, 20, and 50-day EMAs are trending upward, while the RSI (at 66.15) and MACD continue to show a bullish crossover, with further strength in the histogram. However, the Stochastic RSI has remained sideways since the beginning of the current week. All of these factors indicate continued bullish momentum. The Bank Nifty posted another healthy bullish candle, rising 0.63 percent with significant volumes, marking its 11th consecutive day of uptrend. The index is now trading above all key moving averages and the midline of Bollinger Bands. The RSI has also inched closer to 60, while the MACD maintains a bullish crossover, despite being below the zero line, with further strength in the histogram. All of this suggests continued bullishness in the Bank Nifty.
