Technical View: Short term selling pressure likely if Nifty breaks 25,400, VIX remains favourable for bulls
The above weekly options data suggests that the Nifty 50 may trade in the 25,300–25,600 range in the near term, while the broader trading range remains at 25,000–26,000. Nifty Outlook The Nifty 50 remained lacklustre throughout the session and closed flat on July 7, as market participants awaited the US-India trade deal and maintained caution…