Market Updatte

Nifty Range: 15550 – 16187

Nifty Tuesday Close: 15869.25

Resistance seen at 15909, 15948, 16028, 15109 & 16266

Support Seen at 15788, 15710, 15630, 15590 & 15471

Market Update

Mkt2Day Nifty Update for 11062021

Nifty Range: 15500 – 15974

Nifty Thursday Close: 15737.75

Resistance seen at 15778, 15817, 15896, 16015 & 16054

Support Seen at 15696, 15658, 15580, 15536& 15422

Pre Market Commentary

r 11-06-2021: BankNifty to trade in the broader range of 34314 – 35715 with BankNifty Resistances at 35283, 35401, 35518, 35616 & 35834. Supports at 34873, 34621, 34506, 34410 & 34258.

11062021 Pre-Market-Update: – Nifty moves, Stocks to Trade, FnO Action, Share Market Tips & Much More.

Nifty Watch for the day: Markets as expected remained choppy and it then gave the breakout to test 15750 levels at closing. The premium factor in  Nifty While it was again a silent Thursday to erode premium till last hour. Though the Delayed Action did create damage to the Shorts in market. With Critical resistance placed at 15985& support at 15410 we would suggest to Remain low profile during closing trades or trade the trend upon confirmation.

  • Markets are always `Supreme`, VIX was very flat and moved narrow to close lower at 15.23.  Markets as expected opened just below 15700 and then moved down till 15648.50 by giving some hopes to small punter bears and as per our expectation did just premium erosion till noon between 15680 – 15700 aand gave first signals by testing out 15740 and finally only during closing trades tested 15750 and made a closing at 15737.75. As expected it was again another premium eating day where both CE & PE Buyers struggled to make even small scalps. Yesterday Nifty Spot 15737.75 while Future 15753.1  (17.25)
  • BankNifty today opened just around 34900 and dropped till 34912 giving early false alarms to Bulls and was very flat till noon and had a steep fall till 35250 failed to trade beyond 35200 and dragged down till 34700 before the last hour rally took markets to hit high off 35165 before closing at 35131.20. PNB, SBI, FedBk, RBLBank, IndusInd, IDFCBank & AxisBank were pushing with over 1%. Gains while AUBank was sole loser. Yesterday BankNifty Spot closed at 3131.2 while Future 35300 (+168.8 points)
  • Yesterday 77 stocks out of Nifty Top 100 stocks closed in Green and kept the markets higher till close. Though Volumes were marginally lower on Nifty BankNifty was lower than last session. FIIs were net buyers in Cash & Futures sold in options, DIIs were Sellers in Cash.
  • Major upside contributions came from BaajFinance,, SbI,  Infy, HDFC & ICICIBank while the top gainers were BajFinance, BajFinServ, SBI, DivisLab and IndusInd with around 2.1% gains.
  • Top draggers were ITC, BajajAuto, Maruti, AdaniPorts and UPL while top losers were BajajAuto, EicherMot, UPL, AdaniPorts and ShreeCem with over 0.4% losses.
  • SGXNifty as of 08:00am is trading flat around 15790
  • Infy, PayTM & MakeMyTrip seeks approval to provide Covivd-19 online bookings
  • For 11-06-2021: BankNifty to trade in the broader range of 34314 – 35715 with BankNifty Resistances at 35283, 35401, 35518, 35616 & 35834. Supports at 34873, 34621, 34506, 34410 & 34258.
  • For 11-06-2021: Nifty to trade in the broader range of 15410 – 15985 with Nifty key Resistance seen at 15774, 15834, 15888, 16029 & 16082. Support Seen at 15649, 15590, 15437, 15485 & 15258.News
    • FII Net Buy with ₹ 1329.7Cr while DII Sell worth ₹ 575.19cr.
    • For June FII Net Buy ₹4439cr while DII net Sell ₹ 2471Cr in equity
    • For June FII net Sell ₹ 2301cr in Futures & Net Sell ₹ 8427cr in Options
  • Stocks to Watch:  AsianPaint, BajajAuto, BajFinServ, Cipla, CoForge, Concor, DrReddy, Eicher, Grasim, HDFC, HDFCBank, HeroMotoCo, InndusInd, KotakBank, LICHsgFin, , TCS, Trent & UltraCemCo.
  • VIX moved up by 1.69% to close at 15.0 while USD-₹ closed higher by 0.14% at 73.4425.
  • Among IndicesSmallCap & Alpha50 dragged the markets to close in red Among Sectoral Indices Except Auto all sectoral indices closed in Green with PSUBank, Pharma, FinService, Metals Gaining over 1% .
    • 200 Stocks hit fresh 52 week high yesterday including AaartiInd, AdaniPorts, Alkem, AmbujaCem, BajFinance, BajFinServ, BalkrishInd, Cipla, DivisLab, Glenmark, GodrejCP, GujGasltd, IBHsgFin, PIInd, Powergrid, SRF, TataConsum, Titan, Wipro while 2 stocks hit 52 week Low.
  • From Nifty500 we had 409 gainers with 27 gaining over 5% while 91 losers with 2 losing over 3%
    • Top Gainer was Network18 with 19.9% gains followed by AlokInd, TV18Brdcst, Quess, Hatsun, GPPL, IBHsgfin,  JSL, IRB, JSLHisar, Ujjivana, IBRealEst, Sspandana, BajFinanace, UTIAMC, Hudco, FConsumer, LalPathLab, AsterDM, Ujjivanan, NNCC,  FSL, Metropolis, CreditAcc, DishTV, DLF, ShardaCorp losing with gains over 5% while Top Loser was Cera with 3.3% Losses followed by Sunclayltd
  • 2060 stocks traded Yesterday with 1537 advances, 474 declines & 49 unchanged.
  • Netwwork18 saw 41. 3x volumes spike while BurgerKing, AartiInd, Hatsun, BataIndia, Cera, JSLHisar, JSL, GPPL, VBL, TV18Brdcst saw over 5x spike.
  • Long Buildup seen in BataIndia, IBHsgFin, Mphasis, Pfizer, Pidilite, DLF, LTTS, BajFinance, LTFH, GodrejProp, GodrejCP, Cadila, LICHsgFin, CoForge while Short Buildup seen in Granules & RECL.
  • PNB, JSWSteel, PVR, Idea, M&MFin are seeing buying interest in July Series
  • BHEL, CanBk, IBHsgFin, NationAlum & SunTV are under FnO Ban
  • PCR moved up to 1.31 from 1.12 & Max pain in June series moved to 15700 from 15500. 24th June 16000CE & 16100CE saw OI spike while 15000PE & 15700PE saw highest change in OI.

Key Triggers:

  • Nifty Open – 15692.1, High- 15751.25, Low- 15648.5 & Close- 15737.75. Nifty had closed around 465 points higher than 20dma of 15270 & BankNifty though looked little stronger during the late trade had ended around 600 points higher20DMA of 34525.
  • US closed higher led by Nasdaq while European markets closed mixed on Thursday while Asia has opened in mixed. As of 08:00 am Key Indices Futures are trading at:- Dow -> flat at 34450 while Nikkei225 down  at 28880 & Hang-Seng trading flat at 28760.

For more share market tips, ideas, updates, stock recommendations follow our Twitter, FB, Telegram and Website.

Pre Market Commentary

Mkt2Day:- Hi, Morning All, As per data as of yesterday, We trade Index Only above 15668 or below 15563 in Nifty while BankNifty above 35010 & Sell below 34710. Again this can change based on Price-Action and Time-Cycles.

10062021 Pre-Market-Update: – Nifty moves, Stocks to Trade, FnO Action, Share Market Tips & Much More.

Nifty Watch for the day: Markets as expected remained choppy and it failed to  hold on to 15660 – 15670 levels today. While it was again a silent Wednesday eroding off some premium till last hour again made Delayed Action and we expect larger damage to happen when the one side move takes place. With Critical resistance placed at 15983& support at 15398. Remain low profile till range breach happens. Among Sectoral Indices Media led the fall with over 2% losses followed by Realty, PSUBank & Auto with over 1% losses.

  • Markets are always `Supreme`, VIX was very flat and moved narrow to close lower at 15.23.  Markets as usual opened around previous day closing at 15766.30 moved higher to hit the 15800 and stayed flat till noon before falling down till 15566.90 during late session before closing at 15635.35. As expected it was again another premium eating day where both CE & PE Buyers struggled to make even small scalps. Yesterday Nifty Spot 15635.35 while Future 15668.95(32.45)
  • BankNifty today opened just around previous day closing at 35100 and failed to trade again beyond 35400 and dragged down till 34640 before closing at 35800. While BankNifty had remained flattish range bound for the 1st half between 34900–35200 during most part of the session. PNB, FedBk, IndusInd, SBI, AxisBank, RBLBank & AUBank were pulling down with over 1%. losses. Yesterday BankNifty Spot closed at 34800.5 while Future 34935 (+134.5 points)
  • Yesterday 72 stocks out of Nifty Top 100 stocks closed in Red and kept the markets lower till close. Though Volumes were marginally higher on Nifty BankNifty was higher than last 2 sessions. FIIs were net sellers in Cash & Futures Bought mildly in options, DIIs were Sellers in Cash.
  • Major upside contributions came from PowerGrid, NTPC, Infy, AsianPaint and Titan while the top gainers were PowerGrid, SBILIfe, NTPC, Titan & CoalIndia with around 0.77% gains.
  • Top draggers were Reliance, ICICIBank, LT, SBIN and AxisBank while top losers were TataMotors, AdaniPorts, ShreeCem, LT and Reliance with over 1.65% losses.
  • SGXNifty as of 08:00am is trading flat around 15720
  • BharatPe makes its 1st acquisition with Payback
  • For 10-06-2021: Nifty to trade in the broader range of 15398 – 15983 with Nifty key Resistance seen at 15789, 15842, 15895, 15939 & 16036. Support Seen at 15598, 15544, 15493, 15441 & 15354.
  • For 10-06-2021: BankNifty to trade in the broader range of 34254 – 35456 with BankNifty Resistances at 34949. 35086, 35220, 35338 & 35651. Supports at 34675, 34560, 34444, 34348 & 34140.
  • News
    • FII Net Sell with ₹ 846.37Cr while DII Sell worth ₹ 271.7cr.
    • For June FII Net Buy ₹4439cr while DII net Sell ₹ 1896Cr in equity
    • For June FII net Sell ₹ 2176cr in Futures & Net Sell ₹ 902cr in Options
  • Stocks to Watch:  AsianPaint, AxisBank, BajajAuto, DivisLaab, Eicher, Grasim, HDFC, HDFCBank, HeroMotoCo, IBHsgfin, ICICIBank, Indigo, KotakBank, PowerGrid, RBLBank, Recltd, SBI, Titan, TorntPower, UltraCemCo & Zee.
  • VIX moved down by 3.15% to close at 14.75 while USD-₹ closed higher by 0.12% at 73.3525.
  • Among IndicesSmallCap & Alpha50 dragged the markets to close in red Among Sectoral Indices Media dragged with over 2%  followed by Metal,  PSUBank, Rtealty lost over 1% losses.
    • 259 Stocks hit fresh 52 week high yesterday including AaartiInd, AdaniPorts, Alkem, BalkrishInd, BHEL, BPCL, Cipla, CoForge, DivisLab, Glenmark, GujGasltd, HindPetro, IBHsgFin, Indigo, IOC, MFSL, Mindtree, NTPC, ONGC, Powergrid, RECLtd, SRF, TataMotors, TataPower, Titan, TorntPower, while 1 stocks hit 52 week Low.
  • From Nifty500 we had 116 gainers with7 gaining over 5% while 384 losers with 7 losing over 5%
    • Top Gainer was PolyPlex with 9.91% gains followed by ResponInd, Crisil, TataPower, RECLtd, TeamLease & Ashoka  losing with gains over 5%
    • Top Loser was Petronet with 8% Losses followed by FinCable, IOB, JustDial, CenBk, SuvenPharm, LemonTree, Tanla, iIFL, AngelBrkg, PNBHousing, Edelweiss, Dhani, MMTC, MHRIL, Sparc, DCMShriram, Indoco, Spandana, Shilpamed & CreditACC with over 4% losses
  • 2258 stocks traded Yesterday with 713 advances, 1217 declines & 328 unchanged.
  • AartiInd saw 63.73x volumes spike while BurgerKing, TeamLease, ResponInd, Dhanuka, Polyplex, Network18, TataPower, CapliPoint, Prestige, ITI, Ashoka, TorntPower, SudarsChem, RecLtd, Petronet saw over 5x spike.
  • Long Buildup seen in TorntPower, RECLtd, AartiInd, PowerGrid, IGL, CoalInd while Short Buildup seen in Petronet, Pfizer, Voltas, IGL, Gail, SRTRANSFIN, MFSL, MuthootFin, BajFinance.
  • JSWSteel, M&M, PVR & Idea are seeing buying interest in July Series
  • BHEL, CanBk, NationAlum, Sail & SunTV are under FnO Ban
  • PCR moved down to 1.12 from 1.30 & Max pain in June series stuck at 15500. 24th June 16000CE & 16200CE saw OI spike while 15000PE & 15400PE saw highest change in OI.

Key Triggers:

  • Nifty Open – 15766.3, High- 15800.45, Low- 15566.9 & Close- 15635.35. Nifty had closed around 365 points higher than 20dma of 15270 & BankNifty though looked little weaker during the day’s trade had ended around 388 points higher20DMA of 34412.
  • US closed lower led by Smallcap & DJIA while European markets closed mixed on Wednesday while Asia has opened in green. As of 08:00 am Key Indices Futures are trading at:- Dow -> flat at 34480 while Nikkei225 up at 28950 & Hang-Seng trading up at 28800.

Pre Market Commentary

Markets as expected remained choppy as it held on to 15660 – 15670 levels. While it was again a silent Tuesday eroding off some premium. A Delayed Action means larger damage

09062021 Pre-Market-Update: – Nifty moves, Stocks to Trade, FnO Action, Share Market Tips & Much More.

Nifty Watch for the day: Markets as expected remained choppy as it held on to 15660 – 15670 levels. While it was again a silent Tuesday eroding off some premium. A Delayed Action means larger damage. With Critical resistance placed at 16050& support at 15462. Remain low profile till range breach happens. Among Sectoral Indices IT  led the rally with over 1% gains followed by Pharma, Realty, Media & FMCG rally with over 0.75% gains while PSUBank lost over 1.45% followed by Metal & BankNifty with over 1% losses.

  • Markets are always `Supreme`, VIX was very flat and moved narrow to close lower at 15.23.  Markets as usual opened higher broke previous day closing and moved lower to hit the lowest point of the 1st session at 15680 and managed to reclaim 15700 and for most day stayed within 15700 – 15740 before attempting once to hit a high of 15758.35 during late session before closing at 15740.1. As expected it was a premium eating day where both CE & PE Buyers struggled to make a small scalps. Yesterday Nifty Spot 15740.10 while Future 15764.05(23.95)
  • BankNifty today opened just around previous day closing at 35433 and failed to trade beyond 35450 and dragged down till 34962 before closing at 35085. While BankNifty had remained flattish range bound for most part of the day between 35000–35200 during most part of the session. IDFCFirst, PNB, FedBk, AUBank, Kotakbank, SBI, HDFCBank, BandhanBk were pulling down with over 1%. losses. Yesterday BankNifty Spot closed at 35085.3 while Future 35279 (+193.7 points)
  • Yesterday 54 stocks out of Nifty Top 100 stocks closed in Green and kept the markets flat till close. Though Volumes were Flat on Nifty and BankNifty on Friday, FIIs were net buyers in Cash & Options sold in Future, DIIs were Sellers in Cash.
  • Major upside contributions came from Reliance, TCS, Innfy, Airtel, ITC, HCLTech and TCS, while the top gainers were TataMotors, TechM, Airtel, IOC and HCLTech with around 1.8% gains.
  • Top draggers were BajFinance, HDFCBank, HDFC, Reliance, ICICIBank and Kotakbank while top losers were Hindalco, TataStteel, JSWSteel, KotakBank and HDFC with over 1.1% losses.
  • SGXNifty as of 08:00am is trading flat around 15760
  • Pfizer to enroll about 4500 children across US, Europe & 90 clinical sites between age group of 6months to 11years
  • Nifty to trade in the broader range of 15464 – 16006 with Nifty key Resistance seen at 15796, 15857, 15910, 156051 & 16105. Support Seen at 15672, 15610, 15560, 15507 & 15396.
  • BankNifty to trade in the broader range of 34738 – 36156 with BankNifty Resistances at 35719, 35838, 15957, 36056, & 36276. Supports at 35304, 35165, 35049, 34931, 34834 & 34622.News
    • FII Net Buy with ₹ 1422.71Cr while DII Sell worth ₹ 1626.98cr.
    • For June FII Net Buy ₹4286cr while DII net Sell ₹ 1624Cr in equity
    • For June FII net Sell ₹ 2176cr in Futures & Net Sell ₹ 902cr in Options
  • Stocks to Watch:  AsianPaint, AxisBank, Berger. Britannia, DeepakNtr, FrReddy, HDFC, HDFCBank, HeroMotoCo, HUL, ICICIBank, LTI, MFSL, NavinFluor, PEL, Pfizer, PIInd, ShreeCem, SRF, SunPharma, TataMotor, TechM, Titan & UltraCemCo.
  • VIX moved down by 2.18% to close at 15.23 while USD-₹ closed higher by 0.07% at 73.2625
  • Among Indices Nifty-50 & Nifty-100 closed close in red while all orhter indices closed in green led by Alpha-50 with over 1% gains. Among Sectoral Indices IT  led the rally with over 1% gains followed by Pharma, Realty, Media & FMCG rally with over 0.75% gains while PSUBank lost over 1.45% followed by Metal & BankNifty with over 1% losses.
    • 262 Stocks hit fresh 52 week high yesterday including ACC, BalkrishInd, BPCL, CoForge, HindPetro, ICICIPruLi, IRCTC, IOC, MFSL, Mindtree, NTpC, PEL, PIInd, SRF, TataPower, Titan, TataConsum, TorntPower, UBL, IPL, Wipro, while 2 stocks hit 52 week Low.
  • From Nifty500 we had 258 gainers with17 gaining over 5% while 242 losers with 12 losing over 3%
    • Top Gainer was PEL with 10.5% gains followed by ICIL, Sparc, Bsoft, CenturyTex, Indoco, ZensarTech, LaurusLabs, NavinFluor, HSCL, HFCL, Crisil, GreavesCot, Quess, cStar, GPPL, ValiantOrg losing with gains over 5%
    • Top Loser was MahaBank with 7.85% Losses followed by IBrealest, Spandana, Suzlon,  with over 4% losses
  • 2254 stocks traded Yesterday with 1051 advances, 880 declines & 323 unchanged.
  • BurgerKing saw 69.79x volumes spike while AartiInd, Network18, GreavesCot, ICIL, Sparc, LaurusLabs, TorntPower, CenturryTex, SJVN, TataComm, NavinFluor, APLLtd, TataElxsi & Pfizer saw over 5x spike.
  • Long Buildup seen in Pfizer, NavinFluor, TorntPower, UBL, DeepakNtr, MFSL, AartiInd, LTI, SRF, while Short Buildup seen in Mphasis, Havells, PowerGrid,  NationAlum.
  • JSWStteel & PVR are seeing buying interest in July Series
  • IBHsgfin, NationAlum, PNB, Sail & SunTV are under FnO Ban
  • PCR moved down to 1.30 from 1.41 & Max pain in June series stuck at 15500. 24th June 16000CE & 16200CE saw OI spike while 15500PE & 15200PE saw highsest change in OI.

Key Triggers:

  • Nifty Open – 15773.9, High- 15778.8, Low- 156680.1 & Close- 15740.1. Nifty had closed around 505 points higher than 20dma of 15235 & BankNifty though looked little weaker during the day’s trade had ended around 756 points higher20DMA of 34329.
  • US closed lower except DJIA & European markets closed mixed on Tuesday while Asia has opened Mixed. As of 08:00 am Key Indices Futures are trading at:- Dow -> flat at 34580 while Nikkei225 lower at 28850 & Hang-Seng trading lower at 28660.

For more share market tips, ideas, updates, stock recommendations follow our Twitter, FB, Telegram and Website.

Market Update

Mkt2Day Nifty Update for 07062021

Nifty Range: 15357 – 15984

Nifty Friday Close: 15670.25

Resistance seen at 15749, 15827, 15867, 15906 & 16063

Support Seen at 15590, 15512, 15434, 15395 & 15278

Market Update

Mkt2Day Nifty Update for 04062021

Nifty Range: 15375 – 15926

Nifty Thursday Close: 15690.35

Resistance seen at 15730, 15770, 15848, 15969 & 16006

Support Seen at 15610, 15532, 15494, 15441 & 15298

Pre Market Commentary

Markets as expected remained choppy while held on to 15600 yesterday. We expect today to be another day to erode premiums with Critical resistance placed at 15940 & support at 15356. Remain low profile over weekend. US to send Coivid-19 vaccines to other countries as early as Thursday.

04062021 Pre-Market-Update: – Nifty moves, Stocks to Trade, FnO Action, Share Market Tips & Much More.

Nifty Watch for the day: Markets as expected remained choppy while held on to 15600 yesterday. We expect today to be another day to erode premiums with Critical resistance placed at 15940 & support at 15356. Remain low profile over weekend. US to send Coivid-19 vaccines to other countries as early as Thursday.

  • Markets are always `Supreme`, VIX went lower to hit the lowest point for the month at 14.15 from a high of 17.21 and managed to close at 15.75.  Markets opened higher above 15600 and remained flat for the 1st half and then came down below previous high 15660 to test 15611 then recovered for the day and made high till 15705.1 during last hour trades and closing higher at 15690.35Yesterday Nifty Spot 15690.35 while Future 15715 (27.65)
  • BankNifty today opened above 35536 and was dragged down till 35413 but held on to previous day close of 35373 and remained flattish during the day within 35500 – 35600 during most part of the session and during last hour broke the 35700 barrier to hit a high of 35723 before closing at 35649. BandhanBank, AxisBank, KotakBank and HDFCBank were pushing over 1% while IndusInd, RBLBank was on dragging over 1%. Yesterday BankNifty Spot closed at 35649 while Future 35775 (128 points)
  • Yesterday 70 stocks out of Nifty Top 100 stocks closed in Green and kept the markets in higher at close. Though Volumes were lower on Nifty and BankNifty Yesterday, while FIIs were net buyers in Cash while bought in Options & Future, DIIs were selling in Cash.
  • Major upside contributions came from HDFCBank, LT, Titan KotakBank and Infy while the top gainers were Titan, Ongc, Eicher, LT and AxisBank with around 1.8% gains.
  • Top draggers were IndusInd, Wipro, HCLTech, M&M and DrReddy while top losers were IndusInd, Wipro, Cipla, DrReddy and PowerGrid with over 0.5% losses.
  • SGXNifty as of 08:00am is trading lower around 15675
  • For 04-06-2021: Nifty to trade in the broader range of 15356 – 15940 with Nifty key Resistance seen at 15730, 15791, 15844, 15896 & 15984. Support Seen at 15606, 15545, 15494, 15442 & 15305.
  • For 04-06-2021: BankNifty to trade in the broader range of 34985 – 36212 with BankNifty Resistances at 35734, 35873, 35990, 36112, & 36431. Supports at 35594, 35495, 35317, 35201 & 34772.
  • News
  • FII Net Sell with ₹ 660.9cr while DII Buy worth ₹ 112.38cr.
    • For June FII Net Buy ₹ 1560cr while DII net Buy ₹ 193cr in equity
    • For June FII net Sell ₹ 413cr in Futures & Net Sell ₹ 2743cr in Options
  • Stocks to Watch:  ACC, AsianPaint, AxisBank, Cipla, DivisaLab, Eicher, Escorts, HDFC, HDFCBank, HDFCLife, HeroMotoCo, ICICIBank, JubLFood, LICHSGFIN, LT, Maruti, PowerGrid, PVR, RamcoCem, Reliance, Siemens,SunPharma, Titan, UBL, UPL, UltraCemCo & Voltas.
  • VIX moved down by 8.48% to close at 15.75 while USD-₹ closed lower by 0.3% at 73.3750
  • Among Indices SmallCap and Mid-Cap led the markets while all other indices managed to close in Green. Among Sectoral Indices Realty led the rally followed by Media with over 1.5% gains while Realty lost over 1% and Pharma, Auto closed in Red.
    • 174 Stocks hit fresh 52 week high yesterday including AdaniEnt, AdaniTrans, Alkem, AmbujaCem, ApolloHosp, BajFinance, JublFood, Marico, MuthootFin, Ongc, SBI, Siemens, Titan, UPL. while 2 stocks hit 52 week Low.
  • From Nifty500 we had 341 gainers with 27 gaining over 3% while 159 losers with 3 losing over 3%
    • Top Gainer was Spandana with 20% gains followed by PNBHsg, OberaiRlty, Suzlon, FluorChem, Creditacc, Voltas, JKPaper, Muthootfin, Phoenixltd, MaxHealth, Titan, MindaCorp, HEG, MahindCie, Idea, Thermax, IBRealEst, Huhtamaki, AshaiIndia, ISec, FConsumer, Prestige, ShilpaMed, IndiaCem, PrsmJohnsn, CSFC, AngelBrkg, FRetail closing with gains over 5%
    • Top Loser was Mothersumi with 6.8% Losses followed by NH & TCIExp with over 3% losses
  • 2042 stocks traded Yesterday with 1354 advances, 625 declines & 63 unchanged.
  • BurgerKing saw 21x volumes spike while Ratnamani, AshahiInd, Crisil, Aartind, Nilkamal, Muthootfin, Voltas, OberoiRltym ShilpaMed & Prestige, saw over 5x spike.
  • Long Buildup seen in ONGC, JublFood, Titan, Mphasis, Escorts, TataChem, Havells, while Short Buildup seen in Berger, NavinFluor, Nam-India, MotherSumi.
  • BoB, PNB, Sail & SunTV are in FnO Ban List
  • PCR moved down to 1.35 & Max pain in June series moved to 15500 from 15200. 24th June 16000CE & 16200CE saw OI spike while 15200PE & 15000PE saw highest change in OI.

Key Triggers:

  • Nifty Open – 15655.55, High- 15705.1, Low- 15611.0 & Close- 15690.35. Nifty had closed around 552 points higher than 20dma of 15138 & BankNifty though looked little stronger during the day’s trade had ended around 1559 points higher20DMA of 34089.
  • US closed lower led by Nasdaq & European markets closed mixed on Thursday while Asia has opened Mixed. As of 08:00 am Key Indices Futures are trading at:- Dow -> Up at 34550 while Nikkei225 down at 28900 & Hang-Seng trading up at 28850.

For more share market tips, ideas, updates, stock recommendations follow our Twitter, FB, Telegram and Website.

Market Update

Mkt2Day Nifty Update for 03062021

Nifty Range: 15264 – 15888

Nifty Wednesday Close: 15576.2

Resistance seen at 15656, 15694, 15732, 15810 & 15928

Support Seen at 15537, 15498, 15419, 15342 & 15186

Market Update

Mkt2Day Nifty Update for 02062021

Nifty Range: 15262 – 15886

Nifty Tuesday Close: 15574.85

Resistance seen at 15661, 15692, 15731, 15809 & 15926

Support Seen at 15534, 15496, 15418, 15341 & 15184

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