Chart Commando

📈 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.

📈 DAILY MARKET UPDATE Date – 03 Sept 2025 🇮🇳 INDIAN MARKET: ✔️ Nifty Levels: Support at 24,405 – 24,500 | Resistance at 24,705 – 24,800 ✔️ Bank Nifty: Weak trend, private banks dragging | Watch 53,500 as support zone ✔️ FIIs & DIIs: FIIs net sellers \~₹1,159 Cr | 2day outflow \~₹2,600 Cr ✔️ Sector Trend: FMCG strong (+1.1%) | Pvt Banks weak (0.7%) | Mid & Small caps outperform ✔️ Volatility: India VIX ↑ 1% to 11.4 (mild uptick, caution for traders) ✔️ Options Data: PCR slipped from 1.14 → 0.94 (Nifty), 0.91 → 0.86 (Bank Nifty) ✔️ Stock Setups to Watch: Support: Metropolis, Shah Metallics, Bharat Forge, KIMS, Pfizer Resistance: Bharat Electronics, Godrej Agrovet, Wrights, GNFC, HAL 🌍 GLOBAL MARKET: ✔️ US Markets: S\&P 500 0.7% | Nasdaq 0.8% (Tech selling pressure) ✔️ SGX Nifty: 44 pts lower (mild negative bias for Indian open) ✔️ Crude Oil: Brent near \$69 ahead of OPEC+ meeting ✔️ Dollar Index: Slightly higher (strength keeps pressure on EMs) ✔️ Volatility Index (VIX US): ↑ 6.5% to 17.2 (riskoff sentiment) ✔️ Data to Watch Today: India: HSBC PMI Composite & Services US: Durable Goods, Factory Orders 🎯 Quick Summary: Indian markets closed mildly negative; Nifty down 0.2% at 24,580. FMCG supported market, banks dragged down. Technical: Nifty candle slightly bearish, but Morning Star pattern still valid above 24,405. FIIs continue selling pressure, Options data indicates caution. Globally, US indices weak, VIX up, crude stable, dollar firm. SGX Nifty hints at soft start for Indian markets. 📌 Day Trading View: Expect rangebound to slightly bearish bias. Watch 24,405 support and 24,800 resistance for intraday moves.