INSUBCONTINENT EXCLUSIVE:
The Indian market is likely to consolidate on Monday, tracking muted global cues.The Nifty future closed negatively with losses of 0.84% at
India VIX rose 1.2% to close at 11.82 in the previous session.On the options front, the maximum Call OI is placed at 25,500 and then towards
25,300 strikes while the maximum Put OI is placed at 25,000 and then towards 25,100 strikes.Call writing is seen at 25,300 and then at
Oswal Financial Services Limited, said.
Live EventsThe Nifty50 index broke its immediate support levels and sank below the 25,150 zone last
daily and weekly frame on Friday and has been forming a lower top-lower bottom structure on the lower time frame, indicating some selling
short-term trading horizon:Expert: Aakash Hindocha, Technical Analyst, Research at Nuvama Wealth told ETBureauVoltas Ltd: Buy| Target Rs
1500| Stop Loss Rs 1325Allied Builders & Distillers Ltd: Buy| Target Rs 482| Stop Loss Rs 430REC: Buy| Target Rs 430| Stop Loss Rs
389Expert: Sharan Lillaney, Independent SEBI Research AnalystPiramal Enterprises Ltd: Buy| Target Rs 1290| Stop Loss Rs 1157Whirlpool Ltd:
Buy| Target Rs 1432| Stop Loss Rs 1312BHEL: Sell| Target Rs 254| Stop Loss Rs 264(Disclaimer: Recommendations, suggestions, views, and
opinions given by experts are their own
These do not represent the views of the Economic Times)
