OI in Nifty futures hovering around the 33 million level and VIX not reflecting price action appropriately
Critical levels and outlook remain unchanged for both Nifty and BankNifty
5032-5092 is a critical support band and going below that on closing basis means more pain for bulls
Short-covering can take Nifty to the congestion band of 5169-5177-5196 and strength to be confirmed only above 5225
Critical levels and outlook remain unchanged for both Nifty and BankNifty
5032-5092 is a critical support band and going below that on closing basis means more pain for bulls
Short-covering can take Nifty to the congestion band of 5169-5177-5196 and strength to be confirmed only above 5225
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