{"id":4078,"date":"2024-10-15T16:27:06","date_gmt":"2024-10-15T16:27:06","guid":{"rendered":"https:\/\/fintechcentre.in\/articles\/?p=4078"},"modified":"2024-10-15T16:27:06","modified_gmt":"2024-10-15T16:27:06","slug":"things-to-notetradersinvestors-16oct-2024-wed-8-20am","status":"publish","type":"post","link":"https:\/\/fintechcentre.in\/articles\/2024\/10\/15\/things-to-notetradersinvestors-16oct-2024-wed-8-20am\/","title":{"rendered":"Things to note(Traders&amp;Investors): 16Oct 2024 Wed ,@8.20AM"},"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:25057.35\/-70.6\/-0.28%;Candle:OGU,Short day red; Bank Nifty:51906\/89.1\/0.17% Candle:OGU,Doji ; HB:OGU,Doji,1686.<\/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 Long35%FutCash;-1748;Opt97%<\/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>Stocks added to F&amp;O ban: Bandhan Bank, L&amp;T Finance<\/li>\n\n\n\n<li>Stocks retained in F&amp;O ban: Chambal Fertilisers and Chemicals, GNFC, Granules India, Hindustan Copper, IDFC First Bank, Indian Energy Exchange, Manappuram Finance, National Aluminium Company, Punjab National Bank, RBL Bank, SAIL, Tata Chemicals<\/li>\n\n\n\n<li>Stocks removed from F&amp;O ban: Nil<\/li>\n\n\n\n<li>Market wrap up(DWM,T,N,E):The market reversed some of its previous day\u2019s gains and closed a third of a percent lower on October 15, but defended the 50-day EMA (Exponential Moving Average) with volatility at lower zones and a continuation of the higher highs formation. The Nifty 50 may continue to face hurdles in the 25,200-25,250 zone on the higher side; above this level, a strong rally can\u2019t be ruled out. Until then, consolidation is expected to continue, with immediate support at 25,000, followed by 24,900, according to experts. The Nifty 50 formed a bearish candlestick pattern on the daily timeframe, facing resistance at the 10- and 20-day EMAs. Additionally, there appears to be an ascending triangle formation, which is generally a bullish setup. If the upper horizontal trendline is breached with rising volume, there may be a possibility of further upward movement. The Bank Nifty sustained above the 50-day EMA despite volatility and closed with a gain of 89 points at 51,906, forming a small bearish candle with a small upper shadow and a long lower shadow on the daily charts. The index continued its higher highs-higher lows formation for another session, reaching closer to the 20-day EMA (51,962), which is crucial for further upward movement. The momentum indicator RSI (Relative Strength Index) stands at 49.45 and seems to be inching upward.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"625\" height=\"472\" src=\"https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/10\/image-10.png?resize=625%2C472&#038;ssl=1\" alt=\"\" class=\"wp-image-4094\" loading=\"lazy\" srcset=\"https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/10\/image-10.png?w=725&amp;ssl=1 725w, https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/10\/image-10.png?resize=300%2C227&amp;ssl=1 300w, https:\/\/i0.wp.com\/fintechcentre.in\/articles\/wp-content\/uploads\/2024\/10\/image-10.png?resize=624%2C472&amp;ssl=1 624w\" 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-4078","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\/4078","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=4078"}],"version-history":[{"count":5,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/4078\/revisions"}],"predecessor-version":[{"id":4104,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/4078\/revisions\/4104"}],"wp:attachment":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/media?parent=4078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/categories?post=4078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/tags?post=4078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}