Nifty:24610.05/-8.95/-0.04%;Candle:OF,Doji; Bank Nifty:53577.7/169.95/0.32% Candle:OF,short day green ; HB:OF,Short day green,1870
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long43%FutCash;1286;Opt93%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Metropolis Healthcare
Stocks retained in F&O ban: Granules India, Manappuram Finance, PVR INOX, RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The Nifty 50 continued its downtrend for the third consecutive session, closing flat with a negative bias on December 10. The formation of a Hammer-like candlestick pattern on the daily charts signals the possibility of a trend reversal to the upside. If the index manages to close above the crucial hurdle of 24,700, a rally towards 24,800-25,000 cannot be ruled out. However, on the downside, 24,500 is the immediate support, followed by 24,300 as the next support, according to experts. The Nifty 50 formed a bearish candlestick pattern with a lower shadow (indicating buying interest at lower levels), resembling a Hammer-like pattern on the daily charts. The index continued to form lower highs for the third consecutive session. The trend remains positive, as the index traded above all key moving averages. Additionally, the momentum indicators—RSI (Relative Strength Index)—remained in the upper band, and the MACD (Moving Average Convergence Divergence) stayed above the zero line with an upward bias. The Bank Nifty formed a bullish candlestick pattern on the daily timeframe and remained within last Thursday’s trading range, rising by 170 points. The index traded above all key moving averages, while the momentum indicators RSI and MACD showed a positive bias on both the daily and weekly charts.
Nifty:24619/-58/-0.24%;Candle:OGD,Doji; Bank Nifty:53407.75/-101.75/-0.19% Candle:OGD,Doji ; HB:OGD,Short day green,1868,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long45%FutCash;724;Opt92%
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: Granules India, Manappuram Finance, PVR INOX, RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The benchmark Nifty 50 closed moderately lower amid volatility on December 9, extending losses for the second consecutive session. The formation of a Doji pattern signaled indecision between buyers and sellers. The index failed to close above 24,700 (20-week SMA) for three consecutive days, which is a crucial level for further upside toward 24,800 (50% Fibonacci retracement), the first target, followed by the 25,000 mark. However, as long as it stays below 24,700 on a closing basis, consolidation may continue, with immediate support at 24,500 and then at the 24,200 level, according to experts. The Nifty 50 remained above all key moving averages, with the 10-day EMA (Exponential Moving Average) on the verge of surpassing the 50-day EMA on the upside after crossing the 100-day EMA last week, indicating a positive trend. The momentum indicator MACD (Moving Average Convergence Divergence) remained above the zero line with an upward bias, while the RSI (Relative Strength Index) stayed in the upper band. The Bank Nifty, on Monday, formed a Gravestone Doji pattern on the daily charts, following a Tweezer Top pattern last Friday. Both are bearish reversal patterns, but participants must wait for the following sessions, as the index is still trading well above all key moving averages on the daily and weekly charts, with an expansion in Bollinger Bands, signaling a positive trend.
Nifty:24677.1/-30.6/-0.12%;Candle:OF,Short day red; Bank Nifty:53509.5/-94.05/-0.18% Candle:OF,Short day red ; HB:OF,Short day red,1856
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long45%FutCash;-1830;Opt92%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: PVR INOX, RBL Bank
Stocks retained in F&O ban: Granules India, Manappuram Finance
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):After five days of gains, the benchmark Nifty 50 closed the rangebound session with moderate losses on December 6, as market participants preferred to book some profits following the RBI outcome, which was in line with expectations. The index tested the 24,700 level (20-week SMA) and 24,800 (near the 50% Fibonacci retracement), which are expected to act as resistance levels for the index in the upcoming sessions. If these levels are surpassed, the 25,000 mark cannot be ruled out. On the downside, the immediate support zone is seen between 24,500 and 24,400 zone, with 24,200 being the next key support level, according to experts. Options data also reflects these levels. The Nifty 50 traded within the previous day’s range and formed a small red candle on the daily charts, while holding above all key moving averages and trading near the upper end of the Bollinger Bands. On the weekly timeframe, the index formed a long bullish candlestick pattern and continued its higher highs-higher lows formation for the second consecutive week, with above-average volumes, while trading above all key moving averages. The Bank Nifty also traded within the previous day’s range and formed a small bearish candlestick pattern with small upper shadows and long lower shadows on the daily charts, indicating volatility. The Bollinger Bands expanded on both sides, while the index traded above all key moving averages on both the daily and weekly timeframes, which is a positive sign. Additionally, the momentum indicator RSI (Relative Strength Index) showed a positive crossover during the week.
Nifty:24708.4/240.95/0.98%;Candle:OGU,Long day green; Bank Nifty:53603.55/336.65/0.63% Candle:OGU,Long day green ; HB:OGU,Short day green,1866
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long44%FutCash;8540;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: Nil
Stocks retained in F&O ban: Granules India, Manappuram Finance
Stocks removed from F&O ban: RBL Bank
Market wrap up(DWM,T,N,E):After volatility in the first half, the Nifty 50 gained strength in the second half of December 5, rising one percent on the hope of a dovish tone from the RBI policy outcome due on December 6. The index hit the upper band of the Bollinger Bands on a weekly basis with above-average volumes, and the momentum indicators, RSI and MACD, maintained an upward bias on the daily charts. Hence, the Nifty may target 24,900-25,000, as long as it holds 24,700 on the RBI policy day. However, if it falls below this level, 24,500 is the immediate support, followed by 24,350 as the next support, according to experts. The Nifty 50 formed a bullish candlestick pattern with a lower shadow on the daily charts, signaling buying interest at lower levels while holding above all key moving averages. The index surpassed the middle band of the Bollinger Bands intraday on a weekly basis but finished just below it. The momentum indicators RSI (Relative Strength Index at 60) maintained a positive bias, while the MACD (Moving Average Convergence Divergence) climbed above the zero line, which is a positive sign. : The Bank Nifty also formed a bullish candlestick pattern amid volatility, recovering sharply from the day’s low to end with a 0.63 percent gain. The index maintained higher tops and higher bottoms on the daily timeframe for three days in a row and traded at the upper end of the Bollinger Bands on both the daily and weekly charts. The momentum indicators RSI (at 66) and MACD maintained an upward bias, and a robust bullish candlestick pattern formed in the index on the weekly scale.
Nifty:24467.45/10.3/0.04%;Candle:OF,Doji; Bank Nifty:53266.9/571.15/1.08% Candle:OF,Long day green ; HB:OF,Long day green,1860
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long38%FutCash;1798;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: Granules India, Manappuram Finance, RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market was rangebound throughout the session, possibly due to caution ahead of the MPC’s interest rate decision scheduled for December 6. However, it maintained an upward trajectory for the fourth consecutive day on December 4. Considering the index sustained above all key moving averages and the neckline of the Inverted Head and Shoulders pattern, an upmove towards 24,550 (immediate target) is possible, followed by 24,700-24,800, which is the crucial resistance zone. However, the index may take support at the 24,350-24,300 zone, as below this, 24,000 is the level to watch, according to experts. The Nifty 50 formed a Doji-like candlestick pattern on the daily charts, indicating indecision between buyers and sellers after the recent sharp uptrend. The index maintained a higher highs-higher lows formation for the third consecutive session and is holding above all key moving averages. The momentum indicators RSI (Relative Strength Index at 55.9) and MACD (Moving Average Convergence Divergence) showed an upward bias. The Bank Nifty reported a bullish candlestick pattern on the daily charts and traded near the upper end of the Bollinger Bands. The index sustained well above all key moving averages as well as above the upward-sloping resistance trendline, while the RSI (at 63.91) and MACD maintained an upward bias, which is a positive sign.
Nifty:24457.15/181.1/0.75%;Candle:OGU,Long day green; Bank Nifty:52695.75/586.75/1.13% Candle:OGU,Long day green ; HB:OGU,Long day green,1825
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long36%FutCash;3665;Opt93%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Granules India, Manappuram Finance
Stocks retained in F&O ban: RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market extended its northward journey for the third consecutive session and closed 0.8 percent higher with above-average volumes on the Nifty 50 on December 3. With Tuesday’s rally, the Nifty 50 climbed above all key moving averages and saw a falling trendline breakout, signaling a positive trend. Hence, the index may march towards the immediate resistance at 24,550, followed by 24,800, which is the crucial hurdle. The support is placed at 24,300, followed by 24,000, which is a crucial support level, according to experts. The Nifty 50 formed a bullish candlestick pattern on the daily timeframe, continuing its higher highs-higher lows formation. The index saw an Inverted Head and Shoulders pattern breakout, with the momentum indicator RSI (Relative Strength Index) staying in the upper band at 55.7, indicating a positive trend. The Bank Nifty saw a two-month-long consolidation breakout on Tuesday and formed a bullish candlestick pattern on the daily timeframe. It also experienced a falling trendline breakout with a positive bias in the momentum indicators RSI (now at 60) and MACD (Moving Average Convergence Divergence). The index closed near the 61.8 percent Fibonacci retracement level from the record high to the November low.
Nifty:24276.05/144.95/0.6%;Candle:OF,Long day green; Bank Nifty:52109/53.4/0.1% Candle:OF,Short day green ; HB:OF,Long day green,1805
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long33%FutCash;-238;Opt91%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: RBL Bank
Stocks retained in F&O ban: Nil
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):Bulls maintained their control over Dalal Street for another session on December 2, helping the benchmark Nifty 50 recover all of last Thursday’s losses in just two following sessions. The positive bias in the momentum indicator RSI and its sustained position above short-term moving averages (10-20-day EMA) signal that the index may make another attempt to surpass 24,350, a critical hurdle since last week. If the index sustains above this level, the possible targets are 24,550 (the high of November) and 24,800 (50 percent Fibonacci retracement from the record high to the November low). However, the support remains in the 24,000-23,900 zone, experts said. The Nifty 50 formed a bullish candlestick pattern with a lower shadow on the daily charts, indicating buying interest at lower levels, with a higher high-higher low formation. It also sustained in the upper band of Bollinger Bands, signaling a positive trend. The momentum indicator RSI at 52 remained in the upper band.The Bank Nifty formed a Doji-like candlestick pattern on the daily timeframe, indicating indecision between bulls and bears. The index stayed above all key moving averages and remained in the upper band of Bollinger Bands, along with a positive bias in the momentum indicators RSI and MACD (Moving Average Convergence Divergence), signaling a possible upward trend.
Nifty:24131.1/216.95/0.91%;Candle:OF,Short day green; Bank Nifty:52055.6/148.75/0.29% Candle:OF,Doji ; HB:OF,Short day red,1795
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long33%FutCash;-4384;Opt87%
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: Nil
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The Nifty 50 rebounded sharply after a day of steep fall, making a strong start to the December series with nearly one percent gains on November 29. However, sustainability is the key to watch going ahead, though there was a Bullish Marubozu Opening candlestick pattern formation on the daily charts. The index is set to face a crucial hurdle at 24,350, which it could not clear in the last four sessions. Sustaining above this level may open the doors for 24,550 and then 24,700. However, until it stays below 24,350, consolidation is likely to continue, with support at 23,900, according to experts. The Nifty 50 formed a Bullish Harami candlestick pattern on the daily charts, a signal of a bullish trend reversal. The index also climbed above the short-term moving averages (10- and 20-day EMAs – Exponential Moving Average) and entered the upper band of Bollinger Bands. However, on the weekly timeframe, the index is still in the lower band of Bollinger Bands and below the short-term moving averages, which are crucial factors for a bullish trend. The Bank Nifty formed a bullish candlestick pattern with upper and lower shadows on the daily charts, indicating volatility. It remained above all key moving averages and in the upper band of Bollinger Bands, with a positive crossover in momentum indicators like the RSI (staying above the 50 level) and MACD (climbing above the zero line). The index was up 0.3 percent on Friday and 1.8 percent for the week. A Doji candlestick pattern formed on the weekly timeframe, indicating indecision among bulls and bears, while it also entered the upper band of Bollinger Bands.
Nifty:23914.15/-360.75/-1.49%;Candle:Of,Long day red; Bank Nifty:51906.85/-394.95/-0.76% Candle:OF,Long day red ; HB:OF,Long day red,1793
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long33%FutCash;-11756;Opt81%
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: Nil
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The Nifty 50 decisively broke the three-day consolidation range of 24,100–24,350 on the downside and fell below the 24,000 mark, registering a 1.5 percent loss on the monthly F&O expiry session of November 28. The index formed a long red candle on the daily charts and fell to the lower band of the Bollinger Bands, signaling weakness. If the index extends its downtrend, the level to watch is 23,600 (200-day EMA), but if it rebounds, resistance could be found in the 24,100–24,200 zone, according to experts. he Nifty 50 formed a long bearish candlestick pattern on the daily timeframe after failing to surpass the 24,350 level (a key hurdle) for the fourth consecutive session, with above-average volumes. The index decisively closed not only below the 10- and 20-day EMA (exponential moving averages) but also below the midline of the Bollinger Bands (which is the 20-day SMA – simple moving average), signaling a negative outlook. It also nearly filled the large bullish opening gap created on . The Bank Nifty formed a bearish candlestick pattern with an upper shadow on the daily charts, indicating pressure at higher levels. The index could not sustain above the horizontal resistance trendline as well as failed to hold above the 50 percent Fibonacci retracement level (from the record high seen in September to the November low). However, it is still trading within the upper band of the Bollinger Bands and remains above all key moving averages.
Nifty:24274.9/80.4/0.33%;Candle:OF,Long day green; Bank Nifty:52301.8/110.3/0.21% Candle: OF,Short day green; HB:OF,Long day green,1810
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long35%FutCash;8;Opt97%
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: Nil
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The Nifty 50 remained rangebound within the 24,100–24,350 zone for the third consecutive session and closed 0.3 percent higher on November 27, ahead of the monthly expiry of derivative contracts scheduled for November 28. The momentum indicator RSI (Relative Strength Index at 52) showed a positive bias. The index may find direction only after breaking this range on either side. On the higher side, 24,550 is the target to watch, followed by 24,700. However, below 24,100, the 24,000–23,900 zone may act as a support level, according to experts. The Nifty 50 formed a bullish candlestick pattern with upper and lower shadows on the daily charts, indicating rangebound movement and volatility. The 100-day EMA (Exponential Moving Average) remains a key hurdle for the index for the third straight session, although it decisively traded above the 10-day and 20-day EMAs. There is an upward bias in the momentum indicator RSI, which is trading in the upper band at the 52 level. Additionally, the index has sustained in the upper band of the Bollinger Bands, which is a positive sign. The Bank Nifty also formed a bullish candlestick pattern with upper and lower shadows on the daily timeframe, indicating volatility and rangebound trade. The index has sustained not only above all key moving averages but also above the 50 percent Fibonacci retracement (from the record high to the November low), which is a positive sign. The RSI at 57 also shows a positive bias.
