[ad_1] Strategy Positions:Sell 25 Jan 18050 Call at 93; Sell 25 Jan 18050 Put at 89; Target: 10; Stop loss: 280 (1 Lot Each) Rationale:The Nifty recovered marginally last week, and despite the weakness seen on Friday, it closed the week in the green. The resumption of FII flows into Read more…
[ad_1] NEW DELHI: Headline equity index Nifty found support above the 17,400 zones for the third straight session, indicating the formation of a strong base. The index formed a bullish candle on the daily scale. Analysts said Nifty remains in a short-term uptrend as it has moved above the previous Read more…
[ad_1] Nifty50 on Friday ended the week above 17,800 for the first time since January. However, the 50-pack index failed to hold on to opening gains and settled the session forming a bearish candle on the daily scale. On the weekly scale, the NSE barometer formed a bullish candle for Read more…
[ad_1] Nifty50 on Thursday made strong gains and closed near the psychologically important mark of 17,800. After a gap-up start, the index ended up forming a small bullish candle with a long lower wick, suggesting intraday selling was bought into. Analysts said a follow-up buying may help gauge the strength Read more…
[ad_1] Although the market ended flat on a weekly basis, the past four sessions remained quite volatile. The markets stepped into the week while inheriting a poor global trade setup, wherein the weakness was inflicted by the bearish reactions of the US market to Jerome Powell’s comments at the Jackson Read more…