Global Markets
US markets: +564 points on the Dow Jones
Next week’s Dow: +38 points
Asian markets: Complementary
GIFT Nifty: (adjusted) +110 points
Data Analysis
Cash Market |
F&O |
FII : -1261cr |
Nifty PCR: 1.01 vs 0.82 |
DII : +1380cr |
Highest OI (09-Nov-23): |
Net : +119cr |
19500CE & 19000PE |
Technical Outlook
Nifty (Spot)
- GIFTS With the Nifty displaying a 110-point lead, the first obstacle will be 19425, and the second one will be 19550.
- The first will be 19160, with 19050 serving as a crucial support level.
- Bullish in outlook, buy-on-dip or consolidation strategy until Nifty closes above 19050.
Bank Nifty (Spot)
- The first hurdle will be 43400, while the second hurdle will be 43600.
- The initial support level will be 42800, while the crucial support level is 42444.
- With a buy-on-dip or consolidation strategy until it trades above the 42444 mark, the perspective is optimistic.