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Technical View: Nifty near 21,700 post RBI policy; strong support around 21,500-21,400 - Vimarsana News

Technical View: Nifty near 21,700 post RBI policy; strong support around 21,500-21,400

The Nifty Bank index failed to hold on the opening gains and ended 1.7 percent lower at 45,012.

Technical View: Nifty bounces back; likely to move towards 22,000-22,130 - Vimarsana News

Technical View: Nifty bounces back; likely to move towards 22,000-22,130

The Nifty started the session above 21,800 and extended gains as the day progress to cross 21,950, intraday, however, some profit booking at higher levels erased some of the day's gains, to end at 21,929.40, up 157.70 points or 0.72 percent

Technical View | Nifty likely to consolidate, needs to go past 22,150 for further upside - Vimarsana News

Technical View | Nifty likely to consolidate, needs to go past 22,150 for further upside

The options data indicates that 22,200 is expected to be the key hurdle for the Nifty, while 21,600-21,500 will be the support area

Technical View | Nifty faces hurdle at 21,850 on way up; volatility come down on budget day - Vimarsana News

Technical View | Nifty faces hurdle at 21,850 on way up; volatility come down on budget day

The options data indicates near-term resistance at 21,800 and support at 21,500

Technical View | Rally on budget day may be possible if Nifty 50 closes above 21,800 - Vimarsana News

Technical View | Rally on budget day may be possible if Nifty 50 closes above 21,800

The weekly options data indicated that 21,900-22,000 levels are expected to be resistance area for the Nifty 50, with immediate key support at 21,500 mark