Nifty opened higher but closed lower, forming a bearish belt hold pattern. The 21-day DEMA at 24,070 is immediate support, while 24,350 is resistance. The short-term trend is up, but a breakout above 24,350 is needed for further upside. Highest OI on the call side is at 24,200 and 24,250, and on the put side, it’s at 22,200 and 24,150.
US stocks: US market ends lower as tech stocks weigh on sentiment
Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the