NIFTY 50 7985.75 (-153.70)↓(-1.89%)
The Nifty index started trading for the week on a negative note and got corrected on the same day. the Nifty opened at 8126 and from then on trade in a range of 28 points. Nifty in the closing few minutes of the day broke its Intraday low and went on to make a new low of 8094.85 and closed at 8104.35. On Tuesday, Market declined for the fifth straight session; the Nifty fell 61 points from its day high of 8124 and made a low of 8062. Due to the upcoming holiday season there is a dearth of volume in cash and derivative markets. On Wednesday, The Nifty continued follow down trend. Nifty opened above 8100 but was unable to sustain the same and lost momentum towards the end of trading hours. The Nifty index dropped 21 points to close at 8061. On Thursday, The Nifty Continuing the bearish momentum, Nifty broke the support of 8056.85 with a gap down opening. and ended the day below the 8000 mark. On Friday, The index traded range-bound and ended on a flat note. The Nifty closed slightly up at 7,985, after briefly recapturing the 8,000 levels. The Nifty50 (spot) opened the week at 8126.00, made a high of 8132.50 low of 7942.05 and closed the week at 7985.75. Thus the Nifty closed the week with a losing of -153.70 points or -1.89%.
Formations
•The 20 days EMA are placed at 8128.48
•The 5 days EMA are placed at 8036.66
Weekly Pivot Levels for Nifty 50 Stocks
Weekly Top Gainers Stocks
Weekly Top Losers Stocks
Weekly FII’S Statistics*
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS
MOST ACTIVE BANK NIFTY CALLS & PUTS
Weekly Recommendations:-
* FII & DII trading activity on NSE, BSE, and MCX’SX in Capital Market Segment (in Rs. Crores)
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