{"id":1078,"date":"2023-08-08T02:32:50","date_gmt":"2023-08-08T02:32:50","guid":{"rendered":"https:\/\/fintechcentre.in\/articles\/?p=1078"},"modified":"2023-08-08T02:32:50","modified_gmt":"2023-08-08T02:32:50","slug":"things-to-notetradersinvestors-8aug-2023-tues-8-20am","status":"publish","type":"post","link":"https:\/\/fintechcentre.in\/articles\/2023\/08\/08\/things-to-notetradersinvestors-8aug-2023-tues-8-20am\/","title":{"rendered":"Things to note(Traders&Investors): 8Aug 2023 Tues ,@8.20AM"},"content":{"rendered":"\n

Nik, Dj, Vix<\/li>\n\n\n\n
Oil,\u00a0 Gold, Bonds, Dollar,<\/li>\n\n\n\n
Nifty:19597.3\/80.3\/0.41%;Candle:OGU,Doji; Bank Nifty:44837.5\/-42\/-0.09% Candle:F,Doji ; HB:OGU,Short day red,1654,<\/li>\n\n\n\n
Nifty :Supp Rest<\/li>\n\n\n\n
Banknifty:Supp Rest .<\/li>\n\n\n\n
Gift Nifty:%\u00a0 \u00a0 \u00a0FII Long45%FutCash;-1893;Opt98%<\/li>\n\n\n\n
OI data Nifty \u00a0( max pain WM)<\/li>\n\n\n\n
OI data Bank Nifty Nifty(max pain W M)<\/li>\n\n\n\n
News:<\/li>\n\n\n\n
Events\/Results:Coal India, Hindalco Industries, Adani Ports, Oil India, Siemens, 63 Moons Technologies, Aarti Industries, EIH, Happiest Minds Technologies, Hikal, Ideaforge Technology, IRCON International, Phoenix Mills, Prestige Estates Projects, Radiant Cash Management Services, Sudarshan Chemical Industries, Talbros Engineering, Tilaknagar Industries, Utkarsh Small Finance Bank, and Windlas Biotech will be in focus ahead of quarterly earnings on August 8.<\/li>\n\n\n\n
The NSE has added India Cements and Balrampur Chini Mills to its F&O ban list for August 8, while retaining Indiabulls Housing Finance, Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), Hindustan Copper and Piramal Enterprises to the said list.<\/li>\n\n\n\n
Market wrap up(DWM,T,N,E):We have seen continuity in the upward journey for the second consecutive session with the benchmark indices\u00a0gaining four-tenth of a percent on August 7. The Nifty50 remained above 19,500, which can be the immediate support, followed by 19,300, 5the hurdle is expected to be at the 19,600-19,700 area. If\u00a0it gets surpassed and sustained, there is a possibility of Nifty breaking lower highs\u00a0and lower lows formation. The Nifty50 jumped 80 points to 19,597 and formed a small-bodied bullish candle with minor upper\u00a0and lower shadow, which resembles\u00a0a Spinning Top formation on the daily charts, which is a reversal pattern. \u201cTechnically, this pattern indicates\u00a0the\u00a0formation of a Spinning Top-type candle pattern. Normally, such pattern formation after a reasonable decline or upmove signals impending reversal post-confirmation. Having shown a decent upside bounce from the lows in the last few sessions, the odds of reversal from the highs is likely,\u201d A Spinning Top is often regarded as a neutral pattern that suggests indecisiveness in the market. It can be formed in an uptrend as well as in a downtrend. The negative chart pattern like lower tops and bottoms is intact as per the daily timeframe chart. Presently, the market is in line with another lower top formation, which needs to be confirmed with a decline from the highs. Immediate support is at 19,450 and any upside from here could encounter strong resistance around 19,700 levels,\u00a0The BSE Sensex climbed 232 points to 65,953, while the Nifty Midcap 100 and Smallcap 100 indices rose half a percent and 0.2 percent respectively on positive breadth.<\/li>\n<\/ul>\n\n\n\n
$\"\"$ <\/figure>\n<\/body>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-1078","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/1078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/comments?post=1078"}],"version-history":[{"count":3,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/1078\/revisions"}],"predecessor-version":[{"id":1082,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/1078\/revisions\/1082"}],"wp:attachment":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/media?parent=1078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/categories?post=1078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/tags?post=1078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}