Page 13 - Technical View News Today

The Option data indicated that 20,100-20,500 is expected to be resistance area in the coming sessions, with support at 19,900.

If the Nifty50 shows some more weakness in coming sessions and breaks the low of Mondays trade, then there could be further correction, say analysts

If the Nifty50 manages to get back and sustain above 20,000 mark in coming sessions, then the move towards 20,500 can be possible

Option data indicated that 19,900-20,000 is likely to be key resistance area in coming days, with support at 19,700-19,500 levels

The Option data indicated that 19,800 is likely to be next key resistance area for the Nifty50 with immediate support at 19,700-19,600 levels

Option data indicated that 19,700 is expected to be the next key resistance area for the Nifty50, with support at 19,500.

Most traders are finding it harder to make big profits because the volatility in a particular index on expiry day has reduced significantly, says Kirubakaran Rajendran

India VIX, the fear index, hit one-month low at 10.82, down by 1.34 percent, making the trend more favourable for bulls.

The options data indicates that the Nifty can move towards 19,600-19,700 levels in the coming sessions, with support at 19,400

For Nifty, closing and sustaining above 19,500 in the coming days can open doors for 19,800 levels, with crucial support at the 19,250-19,200 area, which has been held so far by the market, experts said