{"id":2226,"date":"2024-02-02T01:59:51","date_gmt":"2024-02-02T01:59:51","guid":{"rendered":"https:\/\/fintechcentre.in\/articles\/?p=2226"},"modified":"2024-02-02T01:59:51","modified_gmt":"2024-02-02T01:59:51","slug":"things-to-notetradersinvestors-2nd-feb-2024-fri-8-20am-clone","status":"publish","type":"post","link":"https:\/\/fintechcentre.in\/articles\/2024\/02\/02\/things-to-notetradersinvestors-2nd-feb-2024-fri-8-20am-clone\/","title":{"rendered":"Things to note(Traders&#038;Investors): 2nd Feb 2024 Fri ,@8.20AM Clone"},"content":{"rendered":"<body>\n<ul class=\"wp-block-list\">\n<li>Nik, Dj, Vix<\/li>\n\n\n\n<li>Oil,\u00a0 Gold, Bonds, Dollar,<\/li>\n\n\n\n<li>Nifty:21697.45\/28.25\/0.13%;Candle:OGU,Short day red; Bank Nifty:46188.65\/191.85\/0.42% Candle:OGU,Doji ; HB:OGU,Doji,1467,<\/li>\n\n\n\n<li>Nifty :Supp Rest<\/li>\n\n\n\n<li>Banknifty:Supp Rest .<\/li>\n\n\n\n<li>Gift Nifty:%\u00a0 \u00a0 \u00a0FII Long31%FutCash;1880;Opt90%<\/li>\n\n\n\n<li>OI data Nifty \u00a0( max pain WM)<\/li>\n\n\n\n<li>OI data Bank Nifty Nifty(max pain W M)<\/li>\n\n\n\n<li>News:<\/li>\n\n\n\n<li>Events\/Results:<\/li>\n\n\n\n<li>Tata Motors, UPL, Delhivery, Bank of India, Aegis Logistics, Bikaji Foods International, Devyani International, Engineers India, InterGlobe Aviation, JSW Infrastructure, LIC Housing Finance, Metropolis Healthcare, MOIL, Samhi Hotels, Torrent Pharmaceuticals, and Ujjivan Financial Services will be in focus ahead of December quarter earnings on February 2.<\/li>\n\n\n\n<li>State Bank of India, Affle (India), Clean Science and Technology, GHCL, Grindwell Norton, Krishna Institute of Medical Sciences, and Sangam India will be in focus ahead of December quarter earnings on February 3.<\/li>\n\n\n\n<li>The NSE has added India Cements, and Indus Towers to the F&amp;O ban list for February 2, while retaining SAIL, and Zee Entertainment Enterprises to the said list.<\/li>\n\n\n\n<li>Market wrap up(DWM,T,N,E):The market is expected to remain rangebound in the coming sessions until the Nifty 50 takes out the immediate hurdle of 21,850 on the higher side, while the 21,500 is expected to be a support area. If the index manages to decisively surpass 21,850 (the lower end of opening downside gap of January 17), then the rally towards previous record high can\u2019t be ruled out in following sessions, experts said.  On February 1, the Interim Budget as well as FOMC meet outcome remained non-event for the market and the benchmark indices ended moderately lower amid volatility. The BSE Sensex was down 107 points at 71,645, while the Nifty 50 fell 28 points to 21,697 and formed bearish candlestick pattern on the daily charts with higher high, higher low formation. \u201c21,800-21,850 remains an important resistance zone for the Nifty index which needs to be surpassed for a resumption of the uptrend. Until the index takes out this hurdle, we might see some consolidation or a time-wise corrective phase,\u201d\u00a0 Above this resistance, he feels the Nifty would have potential to rally towards the previous highs. On the flipside, \u201c21,450 followed by 21,300 are the immediate short term supports,\u201d\u00a0 Nagaraj Shetti, senior technical research analyst at HDFC Securities, also feels the lower end of the significant opening downside gap of January 17 around 21,850 is offering strong resistance for the market as of now. Hence, \u201ca decisive move above 21,850 and below 21,550 levels could trigger fresh movement for the market ahead.\u201d The volatility cooled down considerably during the day on Thursday, which resulted into a rangebound session for the market. The India VIX, the fear index, fell by 10 percent to 14.46 levels.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"625\" height=\"530\" src=\"https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image.png?resize=625%2C530&#038;ssl=1\" alt=\"\" class=\"wp-image-2249\" loading=\"lazy\" srcset=\"https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image.png?w=716&amp;ssl=1 716w, https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image.png?resize=300%2C254&amp;ssl=1 300w, https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image.png?resize=624%2C529&amp;ssl=1 624w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"625\" height=\"306\" src=\"https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image-1.png?resize=625%2C306&#038;ssl=1\" alt=\"\" class=\"wp-image-2257\" loading=\"lazy\" srcset=\"https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image-1.png?resize=1024%2C501&amp;ssl=1 1024w, https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image-1.png?resize=300%2C147&amp;ssl=1 300w, https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image-1.png?resize=768%2C376&amp;ssl=1 768w, https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image-1.png?resize=624%2C305&amp;ssl=1 624w, https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/02\/image-1.png?w=1281&amp;ssl=1 1281w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/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-2226","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\/2226","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=2226"}],"version-history":[{"count":7,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/2226\/revisions"}],"predecessor-version":[{"id":2258,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/2226\/revisions\/2258"}],"wp:attachment":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/media?parent=2226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/categories?post=2226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/tags?post=2226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}