The index trades above the 50-day SMA, with expanding Bollinger bands signaling bullishness. Options data shows strong call and ITM put writing at 24,800, reinforcing a bullish outlook, said Praveen Dwarakanath.
2 top stock recommendations from Vinay Rajani
Indian equity markets are experiencing a cautious phase, consolidating within a defined range as fresh buying momentum remains elusive. Technical analysts suggest the broader trend