Nifty:25278.7/42.8/0.17%;Candle:OGU,Doji; Bank Nifty:51439.55/88.55/0.17% Candle:OGU,Short day red ; HB:OGU,1626,Short day red,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long70%FutCash;1736;Opt96%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Hindustan Copper
Stocks retained in F&O ban: Balrampur Chini Mills
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):It was a good start to the week, with the market sustaining a northward move for 13 days in a row. The Nifty 50 hit a fresh all-time closing high of 25,279, up 43 points, with positive momentum indicators being the key driver, on September 2. The index needs to stay above 25,200 going forward; if it remains above this level, a march towards 25,500 can be expected amid consolidation, while 25,000 is likely to be crucial support, according to experts. The Nifty 50 formed a bearish candlestick pattern on the daily charts, as the closing was below the opening level. However, the higher highs formation continued for the sixth consecutive session. The momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) maintained a positive bias but showed a negative trend on the hourly charts.
