By Rohan Patil Last week was a super bullish week for the Indian bourses where the Nifty 50 index rallied more than 500 points gaining close to 5 % to close above 16650 levels. After 14 weeks the benchmark index has closed above its 21 & 50–week exponential moving average on the weekly chart and […]
By Ruchit Jain Post last week’s expiry, we witnessed a gap down opening for our markets and selling pressure was seen throughout the week. Both Nifty and Bank Nifty continue to add short positions in the derivatives segment which added fuel to the ongoing correction. In the middle of the series, the option writers had […]
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