F&O Talk| Nifty charts don’t indicate weakness, prefer Bull Call Spread: Sudeep Shah of SBI Securities

July 13, 2024

The week broadly witnessed a range bound movement for both the indices but the prices are comfortably placed above the 10 day EMAs on a weekly time frame. The 50 component Nifty index ended Friday with gains of 0.8% or 186 points at 24,502 while Bank Nifty closed flat with a gain of 0.02% or 8 points at 52,278.

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