Things to note(Traders&Investors):3 JuLy 2024 Wed,@8.20AM

  • Nik, Dj, Vix
  • Oil,  Gold, Bonds, Dollar,
  • Nifty:24123.85/-18.1/-0.07%;Candle:OGU,Short day red; Bank Nifty:52168.1/-406.65/-0.77p% Candle:OGU,Long day red ; HB:OGU,1728,Short day green
  • Nifty :Supp Rest
  • Banknifty:Supp Rest .
  • Gift Nifty:%     FII Long82%FutCash;-2000;Opt104%
  • OI data Nifty  ( max pain WM)
  • OI data Bank Nifty Nifty(max pain W M)
  • News:
  • Events/Results:
  • tocks added to F&O ban: Nil
  • Stocks retained in F&O ban: India Cements, Indus Towers
  • Stocks removed from F&O ban: Nil
  • Market wrap up(DWM,T,N,E):The market turned rangebound after hitting a new high and closed flat with a negative bias on July 2. The Nifty 50 climbed above 24,200 for the first time, before ending 18 points down at 24,124. The index is likely to consolidate as long as it stays below 24,200 on a closing basis, with immediate support at 24,000. If it closes and sustains above 24,200, then 24,500 is the level to watch. Here are 15 data points we have collated to help you spot profitable trades: The Nifty 50 formed a bearish candlestick pattern on the daily charts, although there was a higher high-higher low formation. The momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) remained positive on the higher timeframes.

Things to note(Traders&Investors):2 JuLy 2024 Tues,@8.20AM

  • Nik, Dj, Vix
  • Oil,  Gold, Bonds, Dollar,
  • Nifty:24141.95/131.35/0.55%;Candle:OF,Short day green; Bank Nifty:52574.75/232.5/0.44% Candle:OF,Short day green ; HB:OF,Short day green,1794
  • Nifty :Supp Rest
  • Banknifty:Supp Rest .
  • Gift Nifty:%     FII Long83%FutCash;-426;Opt105%
  • OI data Nifty  ( max pain WM)
  • OI data Bank Nifty Nifty(max pain W M)
  • News:
  • Events/Results:
  • Market wrap up(DWM,T,N,E):The market started the week on a positive note on July 1, with breadth favourable for bulls. The Nifty 50 rallied 131 points to end at a new all-time closing high of 24,142 after a day of small profit-taking. Experts expect the index to hit 24,200, followed by 24,500 in the coming sessions, provided it holds 24,000 as immediate support and 23,800 as crucial support. Here are 15 data points we have collated to help you spot profitable trades: The Nifty 50 formed a bullish candlestick pattern following a red candle, with a positive bias in the momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence), while it sustained above the rising channel.

Things to note(Traders&Investors):1st JuLy 2024 Mon,@8.20AM Clone Clone

  • Nik, Dj, Vix
  • Oil,  Gold, Bonds, Dollar,
  • Nifty:24010.6/33.9/0.14%;Candle:OF,Doji; Bank Nifty:52342.25/469.05/0.89% Candle:OF,Long day red ; HB:OF,Long day red,1685,
  • 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: India Cements, Indus Towers
  • Stocks retained in F&O ban: Nil
  • Stocks removed from F&O ban: Nil
  • Market wrap up(DWM,T,N,E):Bears managed to overcome bulls for the first time in the last five consecutive sessions, but breadth turned positive. The Nifty 50 fell 34 points to 24,011 due to profit-taking, but for the week, it rallied by 2.2 percent. Hence, after a recent sharp run-up, the index is likely to consolidate further in the coming sessions, with support at 23,800-23,700, before gaining strength for an upmove towards the 24,200-24,500 zone.  The Nifty 50 sustained a higher highs-higher lows formation for four days in a row, despite profit-taking in the last session. The momentum indicator RSI (Relative Strength Index) remained positive on the weekly and monthly charts.

Things to note(Traders&Investors):28 June 2024 Fri,@8.20AM Clone

  • Nik, Dj, Vix
  • Oil,  Gold, Bonds, Dollar,
  • Nifty:24044.5/175.7/0.74%;Candle:OF,Long day green; Bank Nifty:52811.3/59.2/0.11% Candle:OF,Doji ; HB:OF,Doji.1697,
  • Nifty :Supp Rest
  • Banknifty:Supp Rest .
  • Gift Nifty:%     FII Long82%FutCash;7659;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: Nil
  • Stocks retained in F&O ban: Nil
  • Stocks removed from F&O ban: Nil
  • Market wrap up(DWM,T,N,E):The market staged an outstanding performance on June 27, outperforming Bank Nifty and closing above the psychological 24,000 mark for the first time despite disappointing breadth. The Nifty 50 climbed 176 points to 24,045, forming a long green candlestick pattern for the fourth consecutive session. Given the strong momentum, the index is likely to hit 24,500 in the July series if it holds the 24,000-23,800 zone. The Nifty 50 continued its higher highs-higher lows formation for three days in a row, with above-average volumes. The momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) maintained a positive bias.

Things to note(Traders&Investors):27 June 2024 Thurs,@8.20AM Clone

  • Nik, Dj, Vix
  • Oil,  Gold, Bonds, Dollar,
  • Nifty:23868.8/147.5/0.62%;Candle:OF,Short day green; Bank Nifty:52870.5/264.5/0.5% Candle:OF,Short day green ; HB:OF,Doji,1694,
  • Nifty :Supp Rest
  • Banknifty:Supp Rest .
  • Gift Nifty:%     FII Long67%FutCash;-3535;Opt100%
  • OI data Nifty  ( max pain WM)
  • OI data Bank Nifty Nifty(max pain W M)
  • News:
  • Events/Results:
  • Stocks added to F&O ban: India Cements
  • Stocks retained in F&O ban: GNFC, Indus Towers, Punjab National Bank, SAIL
  • Stocks removed from F&O ban: Nil
  • Market wrap up(DWM,T,N,E):Bulls maintained their strong hold over Dalal Street, driving the benchmark indices to a new all-time closing high on June 26, ahead of the monthly F&O expiry scheduled for June 27. The Nifty 50 rallied 148 points to 23,869, forming a bullish candlestick pattern for three days in a row. Experts expect the Nifty to hit the 24,000 milestone, followed by 24,200 in coming sessions, with support at the 23,700-23,500 levels.  The Nifty 50 maintained a higher highs-higher lows formation for another session, with momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) sustaining a positive bias on all major timeframes.

Things to note(Traders&Investors):26 June 2024 Wed,@8.20AM Clone

  • Nik, Dj, Vix
  • Oil,  Gold, Bonds, Dollar,
  • Nifty:23721.3/183.45/0.78%;Candle:OF,Long day green; Bank Nifty:52606/902.05/1.74% Candle:OF,Long day green ; HB:OF,Long day green,1707,
  • Nifty :Supp Rest
  • Banknifty:Supp Rest .
  • Gift Nifty:%     FII Long61%FutCash;1176;Opt100%
  • 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: GNFC, Indus Towers, Punjab National Bank, SAIL
  • Stocks removed from F&O ban: Balrampur Chini Mills, Chambal Fertilisers and Chemicals, Granules India, Piramal Enterprises
  • Market wrap up(DWM,T,N,E):The market had a spectacular session after recent consolidation and made a new closing high, indicating that bulls are in a strong position, although the breadth was weak. The Nifty 50 jumped 183 points to 23,721, forming higher highs and higher lows. The momentum is expected to take the index towards 24,000, with support at the 23,500 levels in the coming sessions. The Nifty 50 formed a long bullish candlestick pattern on the daily charts, with momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) showing a positive trend in the monthly F&O expiry week.

Things to note(Traders&Investors):25June 2024 Tues,@8.20AM Clone

  • Nik, Dj, Vix
  • Oil,  Gold, Bonds, Dollar,
  • Nifty:51703.95/42.5/0.08%;Candle:OGD,Short day green; Bank Nifty:23537.85/36.75/0.16% Candle:OGD,Short daay green ; HB:OGD,1671,short day green,
  • Nifty :Supp Rest
  • Banknifty:Supp Rest .
  • Gift Nifty:%     FII Long59%FutCash;-654;Opt101%
  • OI data Nifty  ( max pain WM)
  • OI data Bank Nifty Nifty(max pain W M)
  • News:
  • Events/Results:
  • Stocks added to F&O ban: Punjab National Bank, SAIL
  • Stocks retained in F&O ban: Balrampur Chini Mills, Chambal Fertilisers and Chemicals, GNFC, Granules India, Indus Towers, Piramal Enterprises
  • Stocks removed from F&O ban: Hindustan Aeronautics, Hindustan Copper
  • Market wrap up(DWM,T,N,E):The market defended the 23,400 level on a closing basis for another session, indicating good support in the immediate term. The Nifty 50 closed 37 points higher at 23,538 after showing a healthy recovery from the day’s low on June 24. Experts see the index moving towards its record high of 23,677 if it holds the 22,400-22,300 levels amid consolidation in the coming sessions. 

Things to note(Traders&Investors):24 June 2024 Mon,@8.20AM Clone

  • Nik, Dj, Vix
  • Oil,  Gold, Bonds, Dollar,
  • Nifty:23501.1/-65.9/-0.28%;Candle:OGU,; Bank Nifty:51661.45/-121.8/-0.24% Candle:OGU, ; HB:OGU,1662,Doji
  • Nifty :Supp Rest
  • Banknifty:Supp Rest .
  • Gift Nifty:%     FII Long57%FutCash;-1790;Opt101%
  • 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, Granules India
  • Stocks retained in F&O ban: Balrampur Chini Mills, GNFC, Hindustan Aeronautics, Hindustan Copper, Indus Towers, Piramal Enterprises
  • Stocks removed from F&O ban: Birlasoft
  • Market wrap up(DWM,T,N,E):The market corrected but defended the 23,400 levels amid rangebound trade on a closing basis on June 21. The Nifty 50 fell 66 points to 23,501 with above-average volumes. The rangebound trade is likely to continue in the coming days, with support at 23,300. On the higher side, if it manages to close and sustain above 23,650, then 23,800 is the next target, experts said.

Things to note(Traders&Investors):21 June 2024 Fri,@8.20AM

  • Nik, Dj, Vix
  • Oil,  Gold, Bonds, Dollar,
  • Nifty:23567/51/0.22%;Candle:OF,Doji; Bank Nifty:51783.25/385/0.75% Candle:OGU,Doji ; HB:OGU,Doji,1667,
  • Nifty :Supp Rest
  • Banknifty:Supp Rest .
  • Gift Nifty:%     FII Long57%FutCash;415;Opt104%
  • OI data Nifty  ( max pain WM)
  • OI data Bank Nifty Nifty(max pain W M)
  • News:
  • Events/Results:
  • Stocks added to F&O ban: Birlasoft, GNFC,
  • Stocks retained in F&O ban: Balrampur Chini Mills, Hindustan Aeronautics, Hindustan Copper, Indus Towers, Piramal Enterprises
  • Stocks removed from F&O ban: Chambal Fertilisers and Chemicals, India Cements, SAIL
  • Market wrap up(DWM,T,N,E):The market ended the range-bound session at a new record closing high on June 20. It remained above all key moving averages. The Nifty 50 rose 51 points to 23,567 on the weekly F&O expiry session. It is expected to remain range-bound with resistance at the 23,600-23,650 area. If it closes decisively above this range, then a strong uptrend looks likely, with support at 23,400, experts said.

Things to note(Traders&Investors):20 June 2024 Thurs ,@8.20AM Clone

  • Nik, Dj, Vix
  • Oil,  Gold, Bonds, Dollar,
  • Nifty:23516/-41.9/-0.18%;Candle:OGU,Doji; Bank Nifty:51398.05/957.15/1.9% Candle:OGU,Long day green ; HB:OGU,Long day green,1657,
  • Nifty :Supp Rest
  • Banknifty:Supp Rest .
  • Gift Nifty:%     FII Long54%FutCash;7908;Opt101%
  • 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, Hindustan Aeronautics, Indus Towers,
  • Stocks retained in F&O ban: Balrampur Chini Mills, Hindustan Copper, India Cements, Piramal Enterprises, SAIL
  • Stocks removed from F&O ban: GNFC, Sun TV Network
  • Market wrap up(DWM,T,N,E):The Nifty 50 experienced profit-taking for the first time in six consecutive sessions as volatility spiked again. Despite this, it continued to form higher highs and hit a fresh record high of 23,664 on June 19. The index fell by 42 points to 23,516 on Wednesday. Experts suggest it is likely to consolidate before bulls gain strength for a move towards 23,800, with support at 23,300