Technical charts, weekly options data, and India VIX stabilising around 12 indicate consolidation with a positive bias for Nifty. The index is expected to trade in 25,800- 26,650 range this week, according to analysts. If Nifty holds above 26,350, buying is anticipated, pushing the index towards 26,600; while a dip below 26,100 could trigger selling, … Read more
After initially forming a fresh incremental lifetime high, the markets succumbed to selling pressure from higher levels after spending some indecisive sessions during the week. ETMarkets.com The week that went by saw some early signs of the Nifty entering into broad corrective consolidation while ending near its low point of the trading range. Given the … Read more
Indian market is expected to trade higher on Tuesday tracking positive global cues. The Nifty future closed negative with marginal losses of 0.08% at 23,001 levels on Monday. India VIX was down by 6.82% from 21.71 to 23.19 levels. On the options front, the maximum Call OI is placed at 23500 and then towards 23000 … Read more
Indian market is expected to trade higher on Monday tracking positive global cues. The Nifty future closed positive with marginal gains of 0.06% at 23015 levels on Friday. India VIX was up by 1.54% from 21.38 to 21.71 levels. On the weekly options front, the maximum Call OI is placed at 23000 and then towards … Read more
Indian markets are likely to consolidate on Friday tracking mixed global cues. The Nifty future closed positive with marginal gains of 1.54% at 23008 levels on Thursday. India VIX was down by 0.42% from 21.47 to 21.38 levels. On the weekly options front, the maximum Call OI is placed at 23500 and then towards 23000 … 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
