Tech view: The bearish chart pattern of lower tops and bottoms remains intact on Nifty. However, a breakout above 23,350-23,400 could negate this trend and unlock further upside. Immediate support is at 23,000, said Nagaraj Shetti of HDFC Securities, highlighting key resistance and support levels that traders should watch for market direction.
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,