resistance zone

Tech View: Nifty inching closer to record high. What should traders do on Thursday expiry

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Nifty today ended 69 points higher to form a bullish candle with a long tail, indicating strong buying interest. The index is now making a higher high on both daily and weekly charts. Nifty is holding its position above the previous resistance zone of 22,590, which is now acting as a crucial support level. Immediate … Read more

Aurobindo Pharma Options Radar: Use Bull Call Spread to capture uptrend

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The price movement for Aurobindo Pharma has been in a broad range since November 2023 wherein the stock has taken support near Rs 985 levels a few times while on the upside, it shows a resistance near its all-time high level of Rs 1,177. Post 19th March, the stock has been in a broader uptrend … Read more