On the weekly chart, the index has formed a small bearish candle with shadows on both sides, situated near the critical support level of 23,000. This pattern indicates indecisiveness among market participants, with the 23,000 level serving as a key inflexion point.
Sebi relaxes F&O monitoring norms for intraday limits, removes penalty for breach
Sebi has mandated exchanges to monitor at least four intraday position limits for index derivatives starting April 1, 2025. While breaches won’t incur penalties yet,
March 28, 2025