• The market is expected to open on a flat to mildly positive note, reflecting a subdued start in Asian markets. However, concerns remain due to significant FIIs outflows, with over ₹10,000 crore sold yesterday—one of the largest sell-offs since February 28, 2025—amid expectations of MSCI index rebalancing.
• Geo-political tensions in the Gulf region have driven crude oil prices above $66 per barrel, while uncertainty around an India–US trade agreement and a decline in US markets add to investor caution.
• The US market fell 0.4% yesterday, marking a pause after a six-day rally due to profit booking.
• European stocks rose for a fourth consecutive day, helped by renewable-energy stocks after US President Donald Trump lifted an order that halted construction on Equinor ASA’s $5 billion project off the coast of New York.
• UK, Germany and France Index gained up to 0.7%.
• Gift Nifty is trading marginally up.
• Results Today : ONGC, PFC, Mankind Pharma, RVNL, Colgate Palmolive, Oil India, Astral, National Aluminium, Ircon International.
Fundamental Pick: (Duration 1 Year)
Dixon Technology : Buy
(CMP 16566 TP 20500)
Technical View:
• NIFTY (Bearish - CMP: 24683) : Nifty immediate support is at 24550 then 24444 zones while resistance at 24850 then 25000 zones. Now till it holds below 24850 zones, profit booking could be seen towards 24550 then 24444 zones while hurdles can be seen at 24850 then 25000 zones.
• BANK NIFTY (Volatile - CMP : 54877) : Bank Nifty support is at 54500 then 54250 zones while resistance at 55250 then 55555 zones. Now it has to cross and hold 55000 zones for a bounce towards 55250 then 55555 zones while a hold below the same could see a further decline towards 54500 then 54250 levels.
Technical Idea:
GAIL : Buy
(CMP 191 SL 186 TGT 201)
Derivative View:
• Option Buying : Buy weekly Nifty 24650 Put till it holds below 24850 zones. Need to watch Bank Nifty 55000 zones for directional Option buying.
• Option Strategy : Nifty weekly Bear Put Spread (Buy 24700 PE and Sell 24500 PE) at net premium cost of 60-65 points. Bank Nifty Bull Call Spread (Buy 55200 CE and Sell 55700 CE) at net premium cost of 180-200 points.
• Option Writing : Sell weekly 24200 PE and 25300 CE with strict double SL. Sell Bank Nifty 53200 PE and 56800 CE with strict double SL.
• Geo-political tensions in the Gulf region have driven crude oil prices above $66 per barrel, while uncertainty around an India–US trade agreement and a decline in US markets add to investor caution.
• The US market fell 0.4% yesterday, marking a pause after a six-day rally due to profit booking.
• European stocks rose for a fourth consecutive day, helped by renewable-energy stocks after US President Donald Trump lifted an order that halted construction on Equinor ASA’s $5 billion project off the coast of New York.
• UK, Germany and France Index gained up to 0.7%.
• Gift Nifty is trading marginally up.
• Results Today : ONGC, PFC, Mankind Pharma, RVNL, Colgate Palmolive, Oil India, Astral, National Aluminium, Ircon International.
Fundamental Pick: (Duration 1 Year)
Dixon Technology : Buy
(CMP 16566 TP 20500)
Technical View:
• NIFTY (Bearish - CMP: 24683) : Nifty immediate support is at 24550 then 24444 zones while resistance at 24850 then 25000 zones. Now till it holds below 24850 zones, profit booking could be seen towards 24550 then 24444 zones while hurdles can be seen at 24850 then 25000 zones.
• BANK NIFTY (Volatile - CMP : 54877) : Bank Nifty support is at 54500 then 54250 zones while resistance at 55250 then 55555 zones. Now it has to cross and hold 55000 zones for a bounce towards 55250 then 55555 zones while a hold below the same could see a further decline towards 54500 then 54250 levels.
Technical Idea:
GAIL : Buy
(CMP 191 SL 186 TGT 201)
Derivative View:
• Option Buying : Buy weekly Nifty 24650 Put till it holds below 24850 zones. Need to watch Bank Nifty 55000 zones for directional Option buying.
• Option Strategy : Nifty weekly Bear Put Spread (Buy 24700 PE and Sell 24500 PE) at net premium cost of 60-65 points. Bank Nifty Bull Call Spread (Buy 55200 CE and Sell 55700 CE) at net premium cost of 180-200 points.
• Option Writing : Sell weekly 24200 PE and 25300 CE with strict double SL. Sell Bank Nifty 53200 PE and 56800 CE with strict double SL.
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน