Nifty:19528.8/93.5/0.48%;Candle:OGU,Doji; Bank Nifty:44578.3/142.2/0.32% Candle:OGU,Doji ; HB:OGU,Doji,1584.
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long52%FutCash;-3368;Opt96%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
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The NSE has added Balrampur Chini Mills, BHEL, Hindustan Copper, and India Cements to its F&O ban list for September 5, while retaining Indiabulls Housing Finance on the list.
Market wrap up(DWM,T,N,E):The market on September 4 extended its northward journey for the second consecutive session with the Nifty50, as expected, climbing above the 19,500 mark, tracking positive Asian cues. Going ahead, if the index sustains above 19,500, then the 19,600-19,650 can be easily seen, with immediate support at 19,400-19,300, experts said, adding that the momentum may remain strong in the broader markets. “The index has finally surpassed the 20 DEMA (exponential moving average placed at 19,416) on the daily time frame, adding to the bullish undertone and is likely to head towards the bearish gap in the comparable period,” As far as levels are concerned, he says 19,400 is expected to cushion any upcoming blips, while the sacrosanct support lies around 19,300-19,250 zone. On the flip side, the immediate resistance is placed around 19,600, followed by the bearish gap of 19,680-19,700. The momentum remained strong in the broader markets as the Nifty Midcap 100 and Smallcap 100 indices gained 1 percent and 1.3 percent respectively, backed by positive breadth with 3:2 ratio. The volatility also cooled down further, making bulls more comfortable at Dalal Street. The India VIX, the fear gauge index, fell 3.54 percent to 10.96 from 11.37
