Global Markets
US stock markets closed in the green (Dow Jones +86).
The price of Dow futures has increased by 38 points.
Asian markets are now trading positively.
(Adjusted) GIFT Nifty: +100 points
Data Analysis
Cash Market |
F&O |
|
FII : -1242cr |
Nifty PCR: 0.88 vs 1.08 |
|
DII : +437cr |
Highest OI (13-July-23): |
|
Net : +805cr |
19500CE & 19400PE |
Technical Outlook
Nifty (Spot)
- Where Nifty tested its 10-DMA during yesterday’s trading session, it is now stabilising.
- After a gap-up opening, 1950-19525 will be a crucial resistance area on the upswing.
- The following levels of resistance are 19650-19770.
Bank Nifty (Spot)
- Despite underperforming, Banknifty is close to the crucial support level of 44500.
- From here, we can anticipate a rebound, with 45200 serving as the first obstacle.
- A short-covering advance into the 45500/45700 levels is anticipated above 45200.
