Nifty rose by about 100 points on Thursday’s expiry session, hitting a record high and finding strong support at 25,000. The “Saucer” formation suggests further gains if this support holds, with the highest Open Interest at 25,300 and 25,500 call strikes, and 25,000 put strikes.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of