OI in Nifty futures still hovering around that 17 million mark and such volumes will not be able to sustain the upsides; BankNifty futures still going at discounts [this is the 5th week in a row with this feature]
Critical levels and outlook remain unchanged for Nifty and BankNifty; finer trading levels covered by Raghuji as usual.
I would encourage readers to go through the latest article by Nadeem Walayat on Euro-zone financial woes updated this weekend [just go to the The Market Oracle site link to which is available on this blog] Whilst some rhetorics are overdone in the article, overall, the Catch-22 situation has been well covered in the series of articles.
Critical levels and outlook remain unchanged for Nifty and BankNifty; finer trading levels covered by Raghuji as usual.
I would encourage readers to go through the latest article by Nadeem Walayat on Euro-zone financial woes updated this weekend [just go to the The Market Oracle site link to which is available on this blog] Whilst some rhetorics are overdone in the article, overall, the Catch-22 situation has been well covered in the series of articles.
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