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Technical View | Recovery indicates Nifty may march towards 21,600 again, though snaps 7-week rally - Vimarsana News

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

Sensex, Nifty extend muted moves to day 2; more 'profit-booking' likely ahead of holiday season: Analysts - Vimarsana News

Sensex, Nifty extend muted moves to day 2; more 'profit-booking' likely ahead of holiday season: Analysts

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

Technical View | Nifty forms large bearish candle, break of 21,000 to deepen correction - Vimarsana News

Technical View | Nifty forms large bearish candle, break of 21,000 to deepen correction

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

Technical View | Nifty requires to hold 21,500 for further sharp upmove, till then consolidation can be seen - Vimarsana News

Technical View | Nifty requires to hold 21,500 for further sharp upmove, till then consolidation can be seen

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

Technical View: Further sharp rally possible only if Nifty surpasses 21,500 resistance zone - Vimarsana News

Technical View: Further sharp rally possible only if Nifty surpasses 21,500 resistance zone

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.