Nifty:24852.15/-292.95/-1.17%;Candle:OGD,Long day red; Bank Nifty:50576.85/-896.2/-1.74% Candle:OGD,Long day red ; HB:OGD,Short day red,1637,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long65%FutCash;621;Opt95%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Nil
Stocks retained in F&O ban: Aditya Birla Fashion and Retail, Balrampur Chini Mills, Bandhan Bank, Biocon, Chambal Fertilisers and Chemicals, Hindustan Copper, RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market fell sharply with above-average volumes on September 6, with the Nifty 50 decisively breaking the crucial 25,000 support level and recording the biggest single-day fall since August 5. The Nifty 50 dropped 293 points, or 1.17 percent, to 24,852. This may confirm a shift in the short-term trend from upward to downward. Therefore, 24,500 (which coincides with the 50-day EMA) may act as the next support for the index, while the hurdle lies at 25,050 on the higher side, experts said. The Nifty 50 formed a long bearish candlestick pattern on the daily charts and closed below the 10- and 20-day EMAs (Exponential Moving Averages). The momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are showing a negative crossover, which is a negative sign for the short term.
