Global Markets
The Dow Jones concluded the session up 210 points.
The price of Dow futures is rising.
Asian markets are now trading positively.
+80 (Adjusted) for the GIFT Nifty
Data Analysis
Cash Market |
F&O |
| FII : +588cr | Nifty PCR: 0.98 vs 0.89 |
| DII : +288cr | Highest OI (13-July-23): |
| Net : +877cr | 19400CE & 19400PE |
Technical Outlook
Nifty (Spot)
- The Nifty is settling between the range of 19300 and 19500.
- This range may continue to solidify for some time.
- While 19650 and 19777 will be the following obstacles, 19191 and 18888 will be the following support levels.
Bank Nifty (Spot)
- From the 45500 level, Banknifty is displaying some profit taking.
- 44500 will serve as a strong support level, though, for new long positions.
- On the plus side, if 45150 proves to be a quick barrier, we can once more anticipate a move in the direction of the 45500-46000 range.
