Technical View | Recovery indicates Nifty may march towards 21,600 again, though snaps 7-week rally
The Options data indicated that 21,500 is expected to be near term resistance for the Nifty 50, with support at 21,200-21,000 levels
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The Options data indicated that 21,500 is expected to be near term resistance for the Nifty 50, with support at 21,200-21,000 levels
As muted institutional buying may take a step back ahead of holiday season, correction is likely to deepen across the board in the next couple of days, said analysts
The options data indicates that 21,000 may act as the near-term support for the Nifty 50, with resistance at 21,200-21,300, say experts
The options data also indicated that 21,500 is the crucial resistance mark, which will open the doors for 22,000 if gets hold in coming days, with immediate support at 21,400-21,300 levels
The weekly options data indicated that 21,500 is expected to be immediate crucial resistance for the Nifty with support at 21,300-21,200 area.