Nifty:25010.9/59.75/0.24%;Candle:OF,Doji; Bank Nifty:51564/10.6/0.02% Candle:OF,Doji ; HB:OF,Short Day Green,1648,
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:
Market wrap up(DWM,T,N,E):The benchmark index opened with a gap-up above the 25,000 milestone. Despite gradually losing momentum, the Nifty50 index concluded the session on a positive note, managing to settle above the 25,000 mark for the first time. However, the market breadth remains restrained, with limited support from the bulls, indicating a sign of timidity. From a technical standpoint, for Nifty, 24,800 remains the crucial support zone, where buying is anticipated to emerge, followed by the sacrosanct support of the 24,600-24,500 zone. On the higher end, as per experts, 25,080-25,100 appears to be an intermediate obstacle, followed by the golden retracement placed at the 25,340 zone in the comparable period. Nifty formed a Doji candlestick on the daily chart at its peak. On the hourly chart, it sustains above the 10-20 EMA, indicating continued bullish momentum.
