Most technical charts and options data hint at a bullish setup. According to technical analysts, Nifty is expected to continueits upward trajectory towards 23,560, followed by 23,890, with immediate support at 23,000. Analysts suggest Tata Motors,UltraTech Cement, Sun Pharma, McDowell, UBL, ITC, Marico, HUL, Tata Consumer, and Lupin for short-term trading. SHILPA ROUT, AVP – … Read more
Indian market is expected to trade lower on Wednesday tracking weak domestic cues.The Nifty future closed negative with losses of 6.12% at 21975 levels on Tuesday. India VIX spiked up by 27.75% from 20.94 to 26.75 levels. On the options front, the weekly maximum Call OI is placed at 23000 and then towards 22500 strikes … Read more
Indian market is expected to trade volatile amid election results. The Nifty future closed positive with gains of 3.30% at 23450 levels on Monday. India VIX crashed and was down by 14.87% from 24.60 to 20.94 levels. On the options front, the weekly maximum Call OI is placed at 24000 and then towards 23500 strikes … Read more
Indian market is expected to consolidate on Wednesday tracking mixed global cues. The Nifty future closed negative with losses of 0.78% at 22375 levels on Tuesday. India VIX was up by 2.71% from 16.60 to 17.05 levels. On the weekly options front, the maximum Call OI is placed at 22500 and then towards 22800 strikes … Read more
Indian market is likely to consolidate on Tuesday tracking mixed global cues. The Nifty future closed negative with losses of 0.05% at 22563 levels on Monday. India VIX was up by 13.54% from 14.62 to 16.60 levels. On the weekly options front, the maximum Call OI is placed at 22800 and then towards 22700 strikes … Read more
Indian market is expected to consolidate on Friday tracking muted global cues. The Nifty futures closed positive with gains of 0.95% at 22118 levels on Thursday. India VIX was down by 7.13% from 13.47 to 12.51 levels. Volatility cooled off and paved the way for the bulls from crucial support zones in the previous trading … Read more
