Global Markets
The Dow Jones concluded the session up 109 points.
Dow futures are now trading flat.
The Asian markets are trading in a choppy manner.
(Adjusted) GIFT Nifty: -20 points
MARKET SET-UP
Cash Market |
F&O |
|
FII : +1165cr |
Nifty PCR: 1.34 vs 1.34 |
| DII : -2134cr |
Highest OI (20-July-23): |
| Net : -969cr |
20000CE & 19500PE |
Technical Outlook
Nifty (Spot)
- The Nifty is maintaining its upward trend while seeing some intraday volatility.
- Any intraday trading opportunity around 19760 will be a buy, while 19870 will be a profit-booking area.
- 19640 and 19500 are significant support levels, while 19990 will be a significant barrier.
Bank Nifty (Spot)
- A zone of strong demand between 45150 and 45000 is where Banknifty is also consolidating.
- There is instant resistance between 45800 and 46000.
- The optimistic outlook will continue until it trades above $45,000.
