Nifty current month’s futures closed with a premium of 23.3 on Friday against a premium of 118.1 points to its spot in the previous week. Next month’s future is trading at a premium of 78.65 points.
Tech View: Nifty breaches 200 DEMA, signalling bearish sentiment. How to trade on Tuesday
The Nifty faced selling pressure, closing below 23,700 and breaching the 200-day EMA, signalling a bearish trend. Failure to hold current levels could see support