Securities banned under the F&O segment include companies where derivative contracts cross 95 percent of the market-wide position limit.
Stocks added to F&O ban: Nil
Stocks retained in F&O ban: RBL Bank
Stocks removed from F&O ban: Bandhan Bank, Granules India, Hindustan Copper, Manappuram Finance
Market wrap up(DWM,T,N,E):The market remained within the previous day’s range on December 24, closing 0.1 percent down ahead of the monthly F&O expiry due on December 26. However, it defended the 200-day EMA (23,700) for another session, while the VIX fell sharply this week. Additionally, the index stayed within the broad range of 23,500-24,000 from last Friday (key support and resistance levels). A decisive breach on either side could determine the future market direction. Until then, consolidation may continue. A break below 23,500 could lead to a test of the November low (23,263), while a move above 24,000 could encounter resistance at 24,300, according to experts The Nifty 50 formed an Inside Bar pattern on the daily charts for another session, signaling caution. The index remained below the 10, 20, 50, and 100-day EMAs (Exponential Moving Averages), which is a negative sign, though it remains slightly above the 200-day EMA. The momentum indicator RSI (Relative Strength Index) at 38 remained in the lower band, and the MACD (Moving Average Convergence Divergence) continued to stay below the zero line, maintaining a negative bias. The Bank Nifty also formed an Inside Bar pattern on the daily timeframe for another session, staying within the previous Friday’s broad range of 1,000 points (50,600-51,600). Furthermore, the index remained below all key moving averages, except for the 200-day EMA. The momentum indicator RSI (at 40.6) stayed in the lower band, and the MACD slipped further below the zero line, signaling a negative outlook. The index was down 0.16 percent.
Stocks retained in F&O ban: Bandhan Bank, Granules India, Hindustan Copper, Manappuram Finance, RBL Bank
Stocks removed from F&O ban: SAIL
Market wrap up(DWM,T,N,E):The market bounced back, rising by seven-tenths of a percent on December 23 after a sell-off throughout the previous week. The Nifty 50 climbed above the 200-day EMA (23,700), which is crucial for its further upward journey. However, the momentum indicator, MACD (Moving Average Convergence Divergence), showed a negative bias on both the daily and weekly charts. On the upside, the index may face resistance at 23,850, followed by 24,000, which is a key resistance level. On the downside, 23,700 is expected to be immediate support, followed by 23,550 (near last week’s low), according to experts. The Nifty 50 formed a Doji-like and Inside Bar candlestick pattern on the daily charts, indicating indecision among buyers and sellers. The momentum indicator RSI (Relative Strength Index) stood at 38.6, remaining in the lower band, which is a negative sign. Furthermore, the index is still below all key moving averages (10, 20, 50, and 100-day EMAs), although it is slightly above the 200-day EMA. The Bank Nifty outperformed the benchmark Nifty 50 and formed a bullish candlestick pattern resembling a Bullish Harami, which is a trend reversal pattern. However, the sentiment remains bearish as the banking index is trading below all key moving averages (except for the 200-day EMA) and below the 50% Fibonacci retracement level (from the November low to the December high).
Stocks retained in F&O ban: Bandhan Bank, Granules India, Hindustan Copper, Manappuram Finance, SAIL
Stocks removed from F&O ban: NMDC, PVR INOX
Market wrap up(DWM,T,N,E):The market has seen a downward trend throughout last week, falling 1.5 percent on December 20 and losing 4.8 percent for the week. Sentiment turned significantly bearish, with the Nifty 50 falling below the 200-day EMA (23,700) on a closing basis, accompanied by a negative bias in momentum indicators. Hence, if the index sustains below 23,700, the November low (23,263) cannot be ruled out in the upcoming sessions. However, in the event of a bounce-back, the first hurdle is expected to be at 23,900, followed by 24,065, which is seen as a key resistance zone, according to experts. The Nifty 50 formed a long bearish candlestick pattern on the daily charts, with above-average volumes. Following Friday’s fall, the index is now trading below all key moving averages, with the 200-day EMA being the last one broken on Friday. Furthermore, the index is trading below the lower band of the Bollinger Bands, while the momentum indicators—RSI (Relative Strength Index) at 34 and MACD (Moving Average Convergence Divergence) dropping below the zero line with a negative crossover—are all signaling weakness. The Bank Nifty also corrected throughout the week, forming a large bearish candlestick pattern on the daily timeframe with lower highs and lower lows for the fourth consecutive session. The banking index is also trading below the lower band of the Bollinger Bands and is 324 points away from the 200-day EMA (50,435), while it is already below the 10, 20, 50, and 100-day EMAs. The RSI has dropped to 35, and the MACD is near the zero line with a negative bias. All of these indicators point to weakness. The index fell 1.6 percent on Friday, with above-average volumes, and lost 5.3 percent for the week.
Stocks retained in F&O ban: Bandhan Bank, Granules India, Hindustan Copper, Manappuram Finance, NMDC, PVR INOX, SAIL
Stocks removed from F&O ban: Chambal Fertilisers and Chemicals, National Aluminium Company, RBL Bank
Market wrap up(DWM,T,N,E):The market continued to reel under pressure for the fourth consecutive session on December 19, falling by 1 percent after the Federal Reserve indicated only two interest rate cuts for 2025. Amid the decline, the Nifty 50 managed to defend 23,900 on a closing basis. As long as the index stays above this level amid likely consolidation, 24,050 (50% Fibonacci retracement) is the immediate hurdle, followed by 24,350 (which coincides with the 10, 20, and 100 DEMA) as the key resistance going forward. However, in case of further declines, 23,700 (200-day EMA) can’t be ruled out, according to experts. The Nifty 50 formed a bullish candlestick pattern with a minor upper shadow on the daily charts, as the closing was higher than the opening levels. It is trading near the lower end of the Bollinger Bands. The index is now below all key moving averages (except the 200-day EMA), while the momentum indicators RSI (Relative Strength Index at 40) and MACD (Moving Average Convergence Divergence) showed a negative crossover, indicating weakness. The Bank Nifty also moved closer to the lower band of the Bollinger Bands on Thursday, forming a bullish candlestick pattern with both upper and lower shadows on the daily timeframe, indicating volatility. The banking index traded below all key moving averages (except the 200-day EMA), while there was a negative crossover by the momentum indicators RSI and MACD, signaling weakness. The index declined by 1 percent.
Stocks retained in F&O ban: Bandhan Bank, Chambal Fertilisers and Chemicals, Granules India, Hindustan Copper, Manappuram Finance, National Aluminium Company, PVR INOX, RBL Bank, SAIL
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):Bears maintained their control over Dalal Street, dragging the benchmark Nifty down for the third consecutive session on December 18. The index declined by more than half a percent, falling below all key moving averages as well as the midline of the Bollinger bands, signaling weakness. The weekly PCR (Put-Call Ratio) reached 0.55, its lowest-ever level, indicating oversold conditions. On the levels front, if the index holds 24,150, a rally towards 24,500 can’t be ruled out. However, if it falls below that level, the 24,000-23,900 zone is the one to watch. The Nifty 50 formed a bearish candlestick pattern with an upper shadow on the daily charts, indicating selling pressure at higher levels. The index maintained a lower high-lower low formation for the second consecutive session, while the momentum indicator RSI (Relative Strength Index at 45.18) reported a negative crossover. On the weekly scale, the index formed a long bearish candlestick pattern, falling 2.3 percent so far and remaining below the midline of the Bollinger bands. The Bank Nifty also maintained a lower tops-lower bottoms formation for another session, forming a long bearish candlestick pattern on the daily timeframe. The index dropped below the 10, 20, and 50-day EMAs, as well as the midline of the Bollinger bands, with negative crossovers in the momentum indicators RSI and MACD (Moving Average Convergence Divergence), which is a negative sign. The index was down 1.32 percent on Wednesday and 2.7 percent for the week.
Stocks added to F&O ban: Bandhan Bank, Chambal Fertilisers and Chemicals, PVR INOX
Stocks retained in F&O ban: Granules India, Hindustan Copper, Manappuram Finance, National Aluminium Company, RBL Bank, SAIL
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The Nifty 50 recorded a 1.35 percent loss on December 17, extending its downtrend for the second consecutive session, with selling pressure across key sectors ahead of the Fed meeting outcome due on December 18. The index fell below all key moving averages (except for the 200-day exponential moving average), signaling weakness. If the index fails to defend the 24,200-24,000 zone, the bears may gain more strength. However, defending this level on a closing basis could increase the possibility of the index moving towards 24,700, the crucial hurdle on the higher side, experts said. The Nifty 50 reported a long bearish candlestick pattern on the daily timeframe, falling below the 10-, 20-, 50-, and 100-day EMAs in a single session and touching the midline of the Bollinger Bands. Additionally, there was a lower high-lower low formation and a negative crossover in the momentum indicator RSI (Relative Strength Index), signaling weakness. The Bank Nifty also formed a long red candle on the daily charts with a lower high-lower low formation, falling below the 10-day EMA but taking support at the 20-day EMA (52,757). The momentum indicator RSI showed a negative crossover, but the index still traded in the upper band of the Bollinger Bands on both the daily and weekly charts.
Stocks retained in F&O ban: Granules India, Hindustan Copper, Manappuram Finance, National Aluminium Company, RBL Bank, SAIL
Stocks removed from F&O ban: Metropolis Healthcare, PVR INOX
Market wrap up(DWM,T,N,E):The Nifty 50 took a breather after a significant rally, making a negative start to the week on December 16. The index closed below 24,700 but still held above the falling resistance trendline as well as above all key moving averages. Therefore, it may consolidate further in the upcoming sessions, with support at 24,500, according to experts. On the higher side, sustaining above 24,700 will be crucial for an upward move towards 25,000, while the “buy on dips” strategy remains intact. The Nifty 50 formed a bearish candlestick pattern with upper and lower shadows on the daily timeframe, indicating volatile trade. However, the index still traded above all key moving averages and in the upper band of the Bollinger Bands. It also took support at the downward-sloping resistance trendline, but it needs to break into the upper band of the Bollinger Bands on the weekly timeframe to confirm a strong upward trend. The Bank Nifty formed a small green candle with upper and lower shadows on the daily charts, indicating volatility. The index remained above all key moving averages, with a higher high-higher low formation. On the weekly scale, it traded near the upper end of the Bollinger Bands, which is a positive sign.
Stocks retained in F&O ban: Granules India, Hindustan Copper, Metropolis Healthcare, National Aluminium Company, PVR INOX, RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The benchmark Nifty 50 rallied nearly 1 percent after falling 1.5 percent intraday on December 13, closing above the 20-week SMA (Simple Moving Average) and a downward-sloping resistance trendline. Additionally, there was a breakout from a five-day consolidation, which is positive. Hence, as long as the index holds 24,700, a further rally towards the psychological level of 25,000 cannot be ruled out. However, if it sustains below this level, 24,500 can act as immediate support, experts said. The Nifty 50 formed a bullish candlestick pattern with a long lower shadow on the daily charts, indicating strong buying interest from lower levels after taking support around the mid-range of the Bollinger Bands intraday. The index stayed above all key moving averages on both the daily and weekly timeframes, which is a positive sign. Momentum indicators, such as the RSI (Relative Strength Index at 60.37) and MACD (Moving Average Convergence Divergence) above the zero line, showed an upward bias. The Bank Nifty also formed a bullish candlestick pattern with a long lower shadow on the daily timeframe, indicating healthy buying interest at lower levels. The banking index also took support at the mid-range of the Bollinger Bands intraday and climbed above all key moving averages. On the weekly scale, it sustained in the upper band of the Bollinger Bands, which is a positive sign. The index was up 0.7 percent on Friday and 0.14 percent for the week.
Nifty:24548.7/-93.1/-0.38%;Candle:OGD,Shor day red; Bank Nifty:53216.45/-174.9/-0.33% Candle:OGD,Short day red ; HB:OGD,Doji,1859
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long40%FutCash;-3560;Opt90%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: National Aluminium Company,
Stocks retained in F&O ban: Granules India, Hindustan Copper, Metropolis Healthcare, PVR INOX, RBL Bank
Stocks removed from F&O ban: Manappuram Finance
Market wrap up(DWM,T,N,E):The Nifty 50 saw profit booking at higher levels amid rangebound trade and closed 0.4 percent lower on December 12. The index remained in the range of 24,500–24,700 for the fourth consecutive session, which needs to break on either side for a clearer direction, experts said. If the index decisively climbs and sustains above 24,700, a rally towards 24,800–25,000 can’t be ruled out. However, if it breaks 24,500 decisively, the index could slide towards 24,000. The Nifty 50 formed a bearish candlestick pattern with an upper shadow on the daily charts, indicating selling pressure at higher levels. However, the index still held above all key moving averages and traded in the upper band of the Bollinger Bands. On the weekly scale, too, the index stayed above all key moving averages but traded just below the middle of the Bollinger Bands. Sustaining above the upper band of the Bollinger Bands is needed for an upward rally. The Bank Nifty formed a Gravestone Doji candlestick pattern, which is a bearish reversal pattern. However, participants need to wait for the action in the following session to confirm the trend. The index sustained above all key moving averages and traded above the Bollinger Bands on both daily and weekly charts, which is still a positive sign.
Nifty:24641.8/31.75/0.13%;Candle:OF,Doji; Bank Nifty:53391.35/-186.35/-0.35% Candle:OF,Short day red ; HB:OF,Short day red,1862,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long43%FutCash;-1012;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: Hindustan Copper
Stocks retained in F&O ban: Granules India, Manappuram Finance, Metropolis Healthcare, PVR INOX, RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market remained consolidative for the fourth consecutive session on December 11, finishing moderately higher. The chart pattern of Nifty 50 also indicated volatility in trade. Experts believe the index is likely to break out on the higher side after the current consolidation, given the overall positive sentiment. The 24,700 level is expected to be an immediate hurdle, followed by 25,000 as a key resistance. However, 24,500 can act as immediate support, and a break below this level could bring selling pressure to the index. The Nifty 50 formed a small bullish candlestick pattern with upper and lower shadows on the daily charts, indicating volatility, but it remained within Thursday’s trading range. The overall trend remains positive, considering the index stayed above all key moving averages, with a positive bias in momentum indicators. The Bank Nifty also remained within Thursday’s range, though it wiped out all the previous day’s gains and fell by 186 points. The index formed a bearish candlestick pattern with an upper shadow on the daily timeframe, indicating pressure at higher levels. Overall, the trend remains positive as the banking index traded above all key moving averages on both the daily and weekly charts.
