Nifty:24613/26.3/0.11%;Candle:OF,Doji; Bank Nifty:52396.8/-59.1/-0.11% Candle:OF,Doji ; HB:OF,Doji,1621,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long81%FutCash;1272;Opt105%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Balrampur Chini Mills, Piramal Enterprises, Vedanta
Stocks retained in F&O ban: Chambal Fertilisers and Chemicals, GMR Airports Infrastructure, GNFC, Hindustan Copper, RBL Bank
Stocks removed from F&O ban: Aditya Birla Fashion & Retail, India Cements, Indus Towers
Market wrap up(DWM,T,N,E):Despite consolidation, the market maintained its record closing high spree for three days in a row on July 16. The Nifty 50 closed above 24,600 for the first time, with 26 points gains. If the index sustains 24,500, then the next target to watch out for would be 24,700-24,800 in the coming sessions, with key support at 24,300, experts said. The Nifty 50 continued its higher highs-higher lows formation for three straight sessions, with a positive bias in momentum indicator RSI (Relative Strength Index). However, back-to-back Doji candlestick pattern formation at the top raised a concern.
Nifty:24586.7/84.55/0.35%;Candle:OGU,Doji; Bank Nifty:52455.9/117.07/0.34% Candle:OF,Doji ; HB:OF,Doji,1623,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long80%FutCash;2685;Opt103%
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: Aditya Birla Fashion & Retail, Chambal Fertilisers and Chemicals, GMR Airports Infrastructure, GNFC, India Cements, Indus Towers, RBL Bank
Stocks removed from F&O ban: Balrampur Chini Mills, Bandhan Bank, Indian Energy Exchange, Piramal Enterprises
Market wrap up(DWM,T,N,E):The market extended its upward journey for another session amid consolidation and recorded a fresh all-time closing high on July 15, with the Nifty 50 surpassing 24,600 intraday for the first time. The index climbed 86 points to 24,587. Going forward, 24,600 is crucial; closing above this level could propel it towards the 24,900-25,000 zone, with immediate support seen at 24,400, according to experts. The Nifty 50 formed a Doji candlestick pattern on the daily charts, indicating indecision among buyers and sellers about the future market trend. The momentum indicators RSI and MACD showed a positive bias. Such patterns, when formed at the top, might signal trend reversal, but confirmation in the following session is needed.
Nifty:24502.15/186.2/0.77%;Candle:OF,Short day green; Bank Nifty:52278.9/8.25/0.02% Candle:OF,Doji ; HB:OF,Doji,1628,Doji,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long%FutCash;4022;Opt%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: GMR Airports Infrastructure
Stocks retained in F&O ban: Aditya Birla Fashion & Retail, Balrampur Chini Mills, Bandhan Bank, Chambal Fertilisers and Chemicals, GNFC, Indian Energy Exchange, India Cements, Indus Towers, Piramal Enterprises, RBL Bank
Market wrap up(DWM,T,N,E):The market staged a healthy performance after consolidation and recorded a new all-time high on July 12, closing above 24,500 for the first time. The index gained 186 points on Friday and 178 points for the week. If the index manages to sustain above 24,400, then a further march towards 24,800 seems likely in the coming sessions, with crucial support at 24,300, experts said. The Nifty 50 formed a bullish candlestick pattern on the daily charts with above-average volumes and a higher top-higher bottom formation, after defending the rising support trendline and the 10-day EMA (Exponential Moving Average). It sustained higher highs formation for the eighth consecutive week and formed a bullish candlestick pattern with a minor lower shadow on the weekly charts.
Nifty:%;Candle:OGU,Doji; Bank Nifty:% Candle:OGU,Doji ; HB:OGU,Doji
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long78%FutCash;-1137;Opt109%
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 & Retail, Balrampur Chini Mills, Bandhan Bank, Chambal Fertilisers and Chemicals, GNFC, Indian Energy Exchange, India Cements, Indus Towers, Piramal Enterprises, RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The Nifty 50 closed flat with a negative bias after recouping more than 100 points from the day’s low, still holding on to 24,300 on a closing basis and 24,100 intraday. If the index manages to sustain these levels, then 24,500 is the level to watch in the coming sessions, while 24,000 is likely to act as a crucial support, experts said. It defended the 10-day EMA (24,212) for another session.
Nifty:24324.45/-108.75/-0.45%;Candle:OGD,Short day Green; Bank Nifty:52189.3/-379.5/-0.72% Candle:OF,Long day red ; HB:OF,Doji red,1629,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long%FutCash;;Opt%
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: Aditya Birla Fashion & Retail, Balrampur Chini Mills, Bandhan Bank, Chambal Fertilisers and Chemicals, GNFC, Indian Energy Exchange, India Cements, Indus Towers, Piramal Enterprises
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market almost eased all its previous day’s gains and closed half a percent lower, although it tested fresh record highs intraday on July 10. The Nifty fell 109 points to 24,324 due to profit booking. Further major upside is possible only above 24,460. Until then, consolidation may continue with support at the 24,200 level, and below that, 24,000 is the level to watch, experts said. The Nifty 50 formed a bearish candlestick pattern with a long lower shadow, resembling a Bearish Engulfing kind of pattern (not a classical one) on the daily charts at the top, which is a negative sign and indicates caution for bulls.
Nifty:24433.2/112.65/0.46%;Candle:OF,Long day green; Bank Nifty:52568.8/143/0.27% Candle:OF,Doji ; HB:OF,Doji,1639,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long84%FutCash;314;Opt103%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Balrampur Chini Mills, Indian Energy Exchange
Stocks retained in F&O ban: Aditya Birla Fashion & Retail, Bandhan Bank, Chambal Fertilisers and Chemicals, GNFC, India Cements, Indus Towers, Piramal Enterprises
Stocks removed from F&O ban: Hindustan Copper
Market wrap up(DWM,T,N,E):The market hit a new all-time high after consolidating for a couple of trading sessions, with the Nifty 50 closing above 24,400 for the first time, on July 9. The index settled at 24,433, up 113 points. Given the strong momentum, the index is likely to climb above 24,500 in the coming sessions, followed by 24,800, while the immediate key support is placed at 24,300, experts said.
Nifty:24320.55/-3.3/-0.01%;Candle:OF,Doji; Bank Nifty:52425.8/-234.55/-0.45% Candle:OF,Doji ; HB:OF,1636,Doji,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long84%FutCash;61;Opt107%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Chambal Fertilisers and Chemicals, Indus Towers
Stocks retained in F&O ban: Aditya Birla Fashion & Retail, Bandhan Bank, GNFC, Hindustan Copper, India Cements, Piramal Enterprises
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The benchmark indices traded within the previous day’s range and closed the rangebound session on a flat note on July 8. The Nifty 50 held onto 24,300 for three days in a row, falling 3.3 points to 24,321. As long as this level holds, the index is likely to hit 24,500 after ongoing consolidation, while 24,200 is the immediate key support area for the index, experts said. The Nifty 50 formed a Doji kind of candlestick pattern (not a classical one) after a bullish candle in the previous session, indicating the possibility of consolidation going ahead. The overall trend remains positive given the continuation of the higher tops-higher bottoms formation.
Nifty:24335.15/21.7/0.09%;Candle:OGD,Short day green; Bank Nifty:52660.35/-443.35/-0.83% Candle:OGDDoji ; HB:OGD,1649.4,Short day red ,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long84%FutCash;1241;Opt103%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: GNFC
Stocks retained in F&O ban: Aditya Birla Fashion & Retail, Bandhan Bank, Hindustan Copper, India Cements, Piramal Enterprises
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market made a strong comeback as bulls overpowered bears in late trade on July 5. The Nifty 50 recovered more than 150 points from the day’s low to close above 24,300 for another session, with a gain of 22 points, while it was up 1.3 percent for the week. Hence, experts see the index rising towards the 24,400-24,500 zone soon, with immediate support at the 24,200 level. The Nifty 50 formed a bullish candlestick pattern on the daily charts after the late trade recovery, with a positive bias in momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence). There was a long green candle on the weekly scale with a higher high-higher low formation.
Nifty:24302.15/15.65/0.06%;Candle:OGU,; Bank Nifty:53103.7/14.45/0.03% Candle:OGU, ; HB:OGD,Long day red,1728,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long84%FutCash;2576;Opt110%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Aditya Birla Fashion & Retail, Bandhan Bank, Piramal Enterprises
Stocks retained in F&O ban: Hindustan Copper, India Cements
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market recorded a fresh closing high for another session despite range-bound trade on July 4. The BSE Sensex ended above the 80,000 mark for the first time, while the Nifty 50 reached the 24,400 level before closing 16 points higher at 24,302 on the weekly expiry F&O session. Experts expect the index to consolidate with immediate support at 24,200, followed by crucial support at 24,000, while 24,400-24,500 could be a hurdle on the higher side. The Nifty 50 formed a bearish candlestick pattern with a minor upper shadow on the daily charts, indicating a lackluster kind of movement at the highs. However, the index continued its higher highs-higher lows formation with a positive bias in momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence).
Nifty:24286.5/162.65/0.67%;Candle:OGU,Doji; Bank Nifty:53089.25/921.15//1.7% Candle:OGU,Short day Green ; HB:OGU,Short day red,1768,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long84%FutCash;5484;Opt107%
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: India Cements
Stocks removed from F&O ban: Indus Towers
Market wrap up(DWM,T,N,E):Bulls took back control over Dalal Street from bears, driving the benchmark indices to a new closing high on July 3. The Nifty 50 achieved the 24,300 level before closing 163 points higher at 24,287. If the index manages to hold 24,200, then 24,500 can’t be ruled out in the coming sessions. Until then, consolidation may continue with support at the 24,000 mark.
