Global Markets
US markets: +56 points on the Dow Jones
Futures on the Dow: -9 points
Markets in Asia: Mixed
GIFT Nifty: (adjusted) +44 points
Data Analysis
Cash Market |
F&O |
FII : -497cr |
Nifty PCR: 1.07 vs 1.14 |
DII : +700cr |
Highest OI (09-Nov-23): |
Net : +203cr |
19500CE & 19300PE |
Technical Outlook
Nifty (Spot)
- This resistance zone, 19440–19460, is close to the Nifty.
- A brief covering move towards 19550 is anticipated over 19460.
- 19220 is a major support level while 19330 is an immediate support level.
- ‘Buy on dip’ is still the general texture.
Bank Nifty (Spot)
- The Banknifty closed above the 43600 20-DMA.
- We can anticipate a move towards the 44000–44200 zone if it continues above this.
- 43300–43200 is a support zone on the downside.