Technical View | Nifty short-term trend weak, 21,500 is the level to watch
The options data shows in index may face resistance in the 21,500-21,800 range in the coming sessions, with immediate support at 21,400, and then 21,000
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The options data shows in index may face resistance in the 21,500-21,800 range in the coming sessions, with immediate support at 21,400, and then 21,000
For Nifty, support is at 21,800 and then 21,500, while resistance is at 22,200. Stock-specific action and sector rotation is likely during consolidation, analysts said
Deploy Nifty Modified Call Butterfly Spread to protect downside, says Shubham Agarwal A falling India VIX opens the room for further upside. Thus, a low-risk Call Butterfly Spread is recommended to protect the downside and participate in the upside momentum. Shubham Agarwal fando Finally, the Indian equity market saw gyration after a stupendous rally seen at the start of the February expiry. The Nifty remained range-bound in the 15,000-15,250 band and ended the week with a modest gain of 1.54 percent. Open Interest (OI) increased marginally by 4 pe...