Nifty:25127.95/163.7/0.66%;Candle:Of,Long day green; Bank Nifty:51816.9/644.6/1.26% Candle:OF,Long day green ; HB:OF,Long day green,1689,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long35%FutCash;-3732;Opt99%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Indian Energy Exchange, National Aluminium Company, Tata Chemicals
Stocks retained in F&O ban: Chambal Fertilisers and Chemicals, GNFC, Granules India, Hindustan Copper, IDFC First Bank, Manappuram Finance, Punjab National Bank, RBL Bank, SAIL
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market gained strength after a three-day consolidation, climbing seven-tenths of a percent on October 14 with a further decline in volatility. The Nifty 50 formed a bullish candlestick pattern on the daily charts and managed to close above the 50-day EMA (Exponential Moving Average) at 25,050. As long as it sustains above this level, an upward rally towards the 25,200-25,300 range can’t be ruled out, followed by the 25,500-25,600 zone, while crucial support lies at 24,800, according to experts. The Nifty 50 recorded a higher high-higher low formation and closed above the previous week’s high. The index climbed above the 50-day EMA but still traded below the 10-day and 20-day EMAs. The momentum indicator RSI (Relative Strength Index) at 46.54 on the daily charts seems to be climbing towards the 50 mark. The Bank Nifty formed a long bullish candlestick pattern on the daily timeframe and closed above the 10-day and 50-day EMAs, but still below the 20-day EMA and the 50 percent Fibonacci retracement level (52,323), taken from the record high to October low. The momentum indicator RSI (48.64) is also inching towards the 50 mark. The index closed at 51,817, up 645 points or 1.26 percent.
