NEXTracker's Options Frenzy: What You Need to Know - NEXTracker (NASDAQ:NXT)
Source: benzinga.com
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The cryptocurrency market rallied handsomely on Monday over increased odds of approval of spot Ethereum ETFs, with Bitcoin coming close to breaking its all-time highs.
The index manages to hold above 20 and 50-day SMA — a positive signal. An analysis of Nifty put options reveals a concentration of Open Interest at the 22,400 level, implying potential support at this level. The important key takeaway from the Nifty chart is that it is making a higher high both on the daily and weekly charts.