{"id":4004,"date":"2024-10-08T00:01:07","date_gmt":"2024-10-08T00:01:07","guid":{"rendered":"https:\/\/fintechcentre.in\/articles\/?p=4004"},"modified":"2024-10-08T00:01:07","modified_gmt":"2024-10-08T00:01:07","slug":"things-to-notetradersinvestors-8-oct-2024-tues-8-20am-clone","status":"publish","type":"post","link":"https:\/\/fintechcentre.in\/articles\/2024\/10\/08\/things-to-notetradersinvestors-8-oct-2024-tues-8-20am-clone\/","title":{"rendered":"Things to note(Traders&Investors): 8 Oct 2024 Tues ,@8.20AM Clone"},"content":{"rendered":"\n

Nik, Dj, Vix<\/li>\n\n\n\n
Oil,\u00a0 Gold, Bonds, Dollar,<\/li>\n\n\n\n
Nifty:24795.75\/-218.85\/-0.87%;Candle:OGU,Long day red; Bank Nifty:50478.9\/-983.15\/-1.91% Candle:OGU,Long day red ; HB:OF,Long day red,1623<\/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 Long47%FutCash;-8293;Opt95%<\/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:<\/li>\n\n\n\n
Stocks added to F&O ban: IDFC First Bank, Punjab National Bank<\/li>\n\n\n\n
Stocks retained in F&O ban: Bandhan Bank, Birlasoft, GNFC, Granules India, Hindustan Copper, Manappuram Finance, RBL Bank<\/li>\n\n\n\n
Stocks removed from F&O ban: Nil<\/li>\n\n\n\n
Market wrap up(DWM,T,N,E):The sell-off seems to be unstoppable as the market started the week on a dismal note, with the benchmark indices falling nearly one percent on October 7, continuing the downtrend for the sixth consecutive session, with breadth strongly in favour of bears. The Nifty 50 approached the September low, a crucial support level at 24,750, with above-average volumes. If the index holds this level on a closing basis, a rebound towards the 25,000-25,100 zone is possible, but a decisive break below it could open the doors for an initial drop to the 24,500 level, according to experts. The Nifty 50 formed a long bearish candlestick pattern on the daily charts, with a continuation of lower tops and lower bottoms for the fifth consecutive session. The momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) maintained a negative bias on both the daily and weekly charts. The Bank Nifty also formed a big red candle on the daily timeframe, closing 1.91 percent, or 983 points, lower at 50,479 with significantly higher volumes (the highest since August 30). However, the index managed to defend the September low on a closing basis. It continued its lower highs-lower lows formation for the sixth consecutive session, while the RSI and MACD remained negative on both daily and monthly timeframes. The daily RSI (34.21) was near its oversold level.<\/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-4004","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\/4004","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=4004"}],"version-history":[{"count":5,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/4004\/revisions"}],"predecessor-version":[{"id":4036,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/4004\/revisions\/4036"}],"wp:attachment":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/media?parent=4004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/categories?post=4004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/tags?post=4004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}