Bank Nifty futures

Nifty 50 (23,466) and Bank Nifty (50,002) gained by a marginal 0.8 per cent and 0.4 per cent last week. While the derivatives data of Nifty 50 gives it a bullish inclination, Bank Nifty’s data gives more of a flattish signal. Below is an analysis.

Nifty 50 (22,502) and Bank Nifty (48,200) made a recovery and appreciated 2 per cent and 1.6 per cent respectively last week. The positioning of derivative participants has now turned positive for both indices. Here is an analysis.

Bank Nifty, which depreciated 3.1 per cent last week, seems to carry over the bearish sentiment this week, too. Today’s session opened with a gap-down at 47,390 versus Friday’s close of 47,421.

Nifty 50 (22,147) and Bank Nifty (47,574) lost 1.7 per cent and 2 per cent respectively last week. Consequently, the futures contract of these indices too fell. Below is an analysis of futures and options data and projection for this week.