Nifty:24010.6/33.9/0.14%;Candle:OF,Doji; Bank Nifty:52342.25/469.05/0.89% Candle:OF,Long day red ; HB:OF,Long day red,1685,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long%FutCash;;Opt%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: India Cements, Indus Towers
Stocks retained in F&O ban: Nil
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):Bears managed to overcome bulls for the first time in the last five consecutive sessions, but breadth turned positive. The Nifty 50 fell 34 points to 24,011 due to profit-taking, but for the week, it rallied by 2.2 percent. Hence, after a recent sharp run-up, the index is likely to consolidate further in the coming sessions, with support at 23,800-23,700, before gaining strength for an upmove towards the 24,200-24,500 zone. The Nifty 50 sustained a higher highs-higher lows formation for four days in a row, despite profit-taking in the last session. The momentum indicator RSI (Relative Strength Index) remained positive on the weekly and monthly charts.
