Bank Nifty outlook

F&O Talk: Healthy correction on cards for Nifty, paving way for next upmove, says Sudeep Shah of SBI Securities

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F&O Talk: Healthy correction on cards for Nifty, paving way for next upmove, says Sudeep Shah of SBI Securities

The Nifty opened with a gap down on Friday after reaching a new all-time high in the previous session and experienced weak price action throughout the day, closing down by 293 points. Meanwhile, the Bank Nifty has been underperforming and may continue to do so. On Friday, the Nifty closed lower by 1.2% at 24,717.70, … Read more

Nifty F&O data shows 18,600 crucial level; 2 stock ideas from Prabhudas Lilladher

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Nifty F&O data shows 18,600 crucial level; 2 stock ideas from Prabhudas Lilladher

Markets have been moving sideways again for quite sometime now. However, no major change on the overall trend yet. Weekly expiry option for Nifty witnesses PE writers actively adding their positions at 18,600PE – over 56 lakh shares OI, with fresh additions of more than 45 lakh shares. CE writers’ exposure lies at 18,600CE /19,500CE … Read more