Hrishikesh Yedve of Asit C. Mehta Investment Intermediates suggested that as long as Nifty stays above 22,980, a short-term pullback towards 23,300-23,400 is possible. However, falling below 22,980 could trigger weakness towards 22,800. The 250-DSMA at 23,600 is a key resistance level. He advised adopting a sell-on-rise strategy for the index.
Groww’s Ishan Bansal sees structural shift in derivatives participation post regulatory changes
Derivatives business faces a structural reset post FY25 regulatory changes, with growth now driven by a smaller but stable customer base, increased market volatility, and