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…
From key moving averages, momentum oscillators to historical price trends – Axis Securities in its report highlights the key metrics in its argument that the Nifty may be near a bottom this March. The NSE Nifty 50 index has shed 7 per cent thus far in the calendar year 2025, and declined over 16 per cent…
Domestic brokerage firms Kotak Institutional Equities do not find much value in most parts of the market despite the recent sharp correction in the market. Domestic equity markets have been witnessing relentless sell-off with benchmark indices falling nearly 12 per cent from their 52-week highs, while the broader markets indices- BSE midcap index and…