Nifty’s short-term trend remains negative, with support at 22,700-22,650 levels (38.2% Fibonacci retracement) and resistance at 23,000, according to Nagaraj Shetti of HDFC Securities. Open interest data shows the highest call OI at 23,000 and 22,900 strike prices, while the highest put OI is at 22,800. These levels indicate crucial points for market movement.
Should you cut your losses in small and midcaps or ride out the storm? Vinit Sambre answers
There, there is a first kind of a big maybe market shift which some of the new investors are also witnessing, maybe they are waiting
January 30, 2025