{"id":4220,"date":"2024-11-06T17:09:01","date_gmt":"2024-11-06T17:09:01","guid":{"rendered":"https:\/\/fintechcentre.in\/articles\/?p=4220"},"modified":"2024-11-06T17:09:01","modified_gmt":"2024-11-06T17:09:01","slug":"things-to-notetradersinvestors-7-nov-2024-thurs-8-20am-clone","status":"publish","type":"post","link":"https:\/\/fintechcentre.in\/articles\/2024\/11\/06\/things-to-notetradersinvestors-7-nov-2024-thurs-8-20am-clone\/","title":{"rendered":"Things to note(Traders&Investors): 7 Nov 2024 Thurs ,@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:24484.05\/270.75\/1.12%;Candle:OGU,Short day green; Bank Nifty:52317.4\/110.15\/0.21% Candle:OGU,Doji ; HB:OGU,Short day red,1757<\/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 Long26%FutCash;-4445;Opt92%<\/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: Nil<\/li>\n\n\n\n
Stocks retained in F&O ban: Nil<\/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 Nifty 50 maintained its upward trajectory for the second consecutive session and closed more than a percent higher on November 6, following the victory of Republican candidate Donald Trump in the US elections. The gap-up opening and confirmation of the previous day\u2019s Bullish Piercing Line pattern were key drivers. The index now needs to sustain above 24,500, as above this level, the 24,800-25,000 zone can\u2019t be ruled out, considering the increase in volumes and improved sentiment. On the downside, 24,200-24,000 is likely to act as a support zone, according to experts. The Nifty 50 formed a bullish candlestick pattern for another session, with a higher high-higher low formation. The index finally climbed above the 100-day EMA (Exponential Moving Average), below which it had consolidated for more than a couple of weeks. A positive crossover in the momentum indicator, RSI (Relative Strength Index), further supports the bullish outlook. Closing above all key moving averages will add strength to the index. The Bank Nifty showed a bearish candlestick pattern on the daily charts as the index failed to sustain near the 52,500 resistance zone but managed to remain above all key moving averages and the falling resistance trendline, which is a positive sign. The index closed at 52,317 (still slightly below last week\u2019s high), up 110 points.<\/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-4220","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\/4220","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=4220"}],"version-history":[{"count":5,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/4220\/revisions"}],"predecessor-version":[{"id":4267,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/4220\/revisions\/4267"}],"wp:attachment":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/media?parent=4220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/categories?post=4220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/tags?post=4220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}