The index manages to hold above 20 and 50-day SMA — a positive signal. An analysis of Nifty put options reveals a concentration of Open Interest at the 22,400 level, implying potential support at this level. The important key takeaway from the Nifty chart is that it is making a higher high both on the daily and weekly charts.
Batting through bear mkt : 6 lessons from India’s Champions Trophy win
The stock market’s five-month decline tests investors’ resilience. Lessons from India’s Champions Trophy win highlight the importance of large-cap stability, all-round stocks, reassessing portfolios, and