Technical View: Nifty forms Doji pattern, directionless trade likely to continue
The Options data suggested that the 19,700-19,600 can be immediate support area for the Nifty50, while 19,800 is likely to be key hurdle on the higher side.
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The Options data suggested that the 19,700-19,600 can be immediate support area for the Nifty50, while 19,800 is likely to be key hurdle on the higher side.
The Options data indicated that 19,700-19,600 is expected to be key support for the next week, while 19,800 is likely to be critical for the higher side.
The weekly Options data suggest that 19,800 is expected to be key area for the further decisive direction on either side of the market
A decisive move above 19,800 will likely take the Nifty towards 20,000-20,200. Support is at 19,650
A decisive move above the day’s high of 19,718 can take the index towards 19,800-20,000 in the coming sessions, with 19,300 acting as a crucial support, experts say