OI in Nifty futures marginally higher today at about 27.5 million but VIX is excessively cool.
Critical levels and outlook remain unchanged for Nifty and BankNifty and Sell on Rise mode is still active
Above 5280, bulls may take the upside a bit further but moving beyond 5348 on closing basis in July series can be a low probability outcome.
Critical levels and outlook remain unchanged for Nifty and BankNifty and Sell on Rise mode is still active
Above 5280, bulls may take the upside a bit further but moving beyond 5348 on closing basis in July series can be a low probability outcome.
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