Nifty setup, on the other hand, is still looking attractive as the put writers are still there at 17,900, 18,000 strike, so that clearly suggests that on the Nifty front confidence is still there for 18,000 support area. Though on the higher side, 18,200 has witnessed aggressive call writing, so that level is very challenging for the Nifty to breach in the near-term.
Positive Breakout: These 6 stocks cross above their 200 DMAs
In the Nifty200 pack, six stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on May 16, according to stockedge.com’s technical scan data.
May 19, 2025