Skip to main content

Trade Setup: Nifty50 sees a technical pullback; OI signals strong support at 18200 levels

The weekly options data shows bullish indications. The 18200 Put was one of the most active strikes as it saw massive writing and addition of Open Interest. This means that market participants do not expect Nifty50 to slip below this level by expiry.

from Economic Times https://ift.tt/3be0KMY

Comments

Popular posts from this blog

Jagan moves closer to Centre, accompanies PM to Tirumala

In signs of growing bonhomie between Prime Minister Narendra Modi and Andhra chief minister YS Jaganmohan Reddy, the latter on Sunday accompanied the PM during his thanksgiving visit to Tirumala after winning a massive mandate in the Lok Sabha elections. Modi reciprocated by promising Jagan all support from the Centre. from India News | Latest News Headlines & Live Updates from India - Times of India http://bit.ly/2Kdd58X

India’s agriculture technology can grow to $24.1 billion in 5 years: Report

A big chunk of the gains will likely be made by companies addressing supply chain and financial services solutions, driven by the availability of affordable high-speed internet and maturing of India’s digital content ecosystem, an EY report on India’s agri-tech potential said. from Economic Times https://ift.tt/2ZfE9tM