Chart Commando

📈 DAILY MARKET UPDATE — Date: 05 Sep 2025 🇮🇳 INDIAN MARKET ✔️ Nifty Levels: Close 24,734. Key support 24,600 / 24,400; resistance 24,850 / 24,980. ✔️ Bank Nifty: Close 54,100 approx. Support 53,700; resistance 54,500. ✔️ FIIs & DIIs: FIIs sold ₹106 Cr; DIIs bought ₹2,233 Cr. (Strong DII support) ✔️ Sector Trend: Auto, FMCG positive; PSU Banks, Energy weak. ✔️ Volatility (India VIX): Flat around 15.3 – stable, good for intraday. ✔️ Options Data: Heavy Call OI at 24,900–25,000 (resistance). Strong Put OI at 24,600 (support). ✔️ Stock Setups to Watch: Zydus Lifesciences (deal news – bullish). RPP Infra Projects (new contracts – positive). Biocon (FDA observation – cautious). 🌍 GLOBAL MARKET ✔️ US Markets: S\&P 500 +0.8% (record high 6502). Nasdaq +1%. Bullish on Fed rate cut hopes. ✔️ SGX Nifty: Trading +60 pts higher – positive start expected. ✔️ Crude Oil: Brent at \$66.7 (weak, down 3rd day). ✔️ Dollar Index (DXY): Steady, near 104.6; market waiting for US jobs data. ✔️ Volatility Index (VIX US): Fell to 15.3 – calm market mood. ✔️ Data to Watch Today: US NonFarm Payrolls – key for Fed policy & global trend. 🎯 Quick Summary: Indian markets closed flat yesterday after GST tax reforms rally. Nifty support seen at 24,600 while 24,900–25,000 remains hurdle. Global cues positive – US indices at record highs, crude weak, and SGX Nifty green. Day looks mildly bullish but watch for volatility near resistance levels.

📈 DAILY MARKET UPDATE — Date: 04 Sep 2025 🇮🇳 INDIAN MARKET ✔️ Nifty Levels: Close: 24,715. Key support 24,600 / 24,500; resistance 24,800 / 24,930. ✔️ Bank Nifty: Close: 54,068. Watch support 53,700 / 53,500; resistance 54,300 / 54,600. ✔️ FIIs & DIIs (Cash, provisional): FII: –₹1,666 cr | DII: +₹2,495 cr (03 Sep). ✔️ Sector Trend: Metals led (Tata Steel, Hindalco strong). IT weak (\~–0.7%). ✔️ Volatility: India VIX: \~11.4 (low volatility zone). ✔️ Options Data (Index): Nifty PCR (overall): \~1.26 (bullishtoneutral). ✔️ Stock Setups to Watch (priceaction focus): Long momentum: Tata Steel, SAIL, JSPL, Hindustan Copper (metal strength). Buyondips/continuation: HDFC Bank, ICICI Bank (banks supported the upmove). Shortonrise / cautious: Infosys, TCS (IT under pressure). 🌍 GLOBAL MARKET ✔️ US Markets (03 Sep close): S\&P 500: +0.5%, Nasdaq: +1.0%, Dow: –24 pts (tech rebound; yields softer). ✔️ GIFT Nifty (08:35 IST): \~24,955 (positive bias vs spot close). ✔️ Crude Oil (Brent): \~\$67–68/bbl in Asia morning. ✔️ Dollar Index (DXY): \~101 (off recent highs). ✔️ Volatility Index (US VIX): \~16.3 (near recent lows). ✔️ Data to Watch Today (IST): India: GST Council — Day 2 outcomes eyed. US: Initial Jobless Claims 6:00 pm, ISM Services PMI 7:30 pm. 🎯 Quick Summary (Copyready): Nifty 24,715; Bank Nifty 54,068. FIIs sold \~₹1.7k cr, DIIs bought \~₹2.5k cr. Metals outperformed; IT stayed weak. India VIX \~11.4 keeps dips orderly. PCR \~1.26 suggests buyondips bias but not runaway. Gift Nifty indicates a positive start. Overseas: US tech bounced (S\&P +0.5%, Nasdaq +1%), DXY \~101, Brent \~\$67–68; US VIX \~16.3. Watch GST Council headlines intraday and US data this evening for global cue shifts.