Nifty ended Tuesday’s session 44 points lower at 22,888 to form a bearish candle on the daily scale. The index is trading above its key moving average supports and the RSI on the daily chart is positive. “While we expect further upsides and new life highs in the coming sessions in the run-up to the … Read more
With the ongoing buzz around the Lok Sabha election results, markets are still witnessing strong volatility. India vix stood above 21 as of May 24. However, the week ended in green, with Nifty and Sensex only rising each day while closing near their all-time high zones. With a progressive movement and the indices constantly achieving … Read more
Indian market is likely to head higher on Wednesday tracking positive global cues. The Nifty future closed negative with losses of 0.07% at 22733 levels on Tuesday. India VIX was down by 2.02% from 11.61 to 11.36 levels. On the weekly options front, the maximum Call OI is placed at 23000 and then towards 22700 … Read more
