The weekly options data suggested that the Nifty 50 is expected to face its next resistance at 23,000, where the maximum Call open interest is placed, while support is observed at the 22,500 level. Nifty Bullish Trend The Bulls strengthened their support for the Nifty 50 on March 18, not only taking the index beyond…
As per the weekly options data, the Nifty may face hurdles at the 22,500-22,700 zone, with support placed at the 22,000 levels. Nifty Trend The Nifty 50 extended its downward move for another session amid rangebound trading, falling by a third of a percent on March 13, tracking the nervousness in Asian peers. The index…
The weekly options data indicated that the Nifty may see a trading range of 22,000–23,000 in the short term, with an immediate range of 22,200–22,700. Nifty Technical View The Nifty 50 slipped into the red in the last couple of hours of trading and closed four-tenths of a percent lower on March 10, making a…
The weekly options data indicated that the Nifty may trade in the range of the 22,000-23,000 zone in the short term The Nifty 50 gained strength in late morning deals after volatility and closed nearly 1 percent higher, extending its northward journey for the second consecutive session on March 6. With Thursday’s rally, the index…