Global Markets
US stock markets: Dow Jones gains 57 points
Futures for the Dow: -14 points
markets in Asia: mixed
(Adjusted) GIFT Nifty: +24 points
Data Analysis
Cash Market |
F&O |
|
FII : -759cr |
Nifty PCR: 1.39 vs 1.32 |
| DII : +28cr |
Highest OI (14-Sept-23): |
| Net : -731cr |
19700CE & 19600PE |
Technical Outlook
Nifty (Spot)
- Finally, the important resistance level of 19650 was broken by the Nifty; nonetheless, 19733–19800 is only a minor resistance range.
- The following goal levels will be 19850 and 19990.
- Now that 19450 is a critical support level, 19580 will serve as an immediate support level.
Bank Nifty (Spot)
- Banknifty successfully closes over the 50-DMA, where a psychological barrier of 45000 exists.
- The next goal levels will be 45000 above, 45500 below, and 45800 above.
- 44600-44500 will operate as an instant demand zone on the downside, and 44200 is a significant support level.
