INSUBCONTINENT EXCLUSIVE:
the losses of the previous session
The 50-share Nifty pack closed 79.35 points, or 0.70 per cent, higher for the day at 11,435
daily MACD reported a negative crossover and now trades below its signal line
No other significant formation was observed on the candles
Technical Research and Trading Advisory, Chartviewindia.in.
MACD is moving average convergence divergence and is used to capture trend
reversal in the market.
Analysts said to confirm more strength in this leg of upswing, Nifty50 needs a strong close above 11,500 level
Vaishnav, Technical Analyst, Gemstone Equity Research and Advisory.
The domestic equity market will remain closed on Wednesday on account of
On the options front, maximum Put open interest (OI) stood at 11,000 followed by 11,200, while maximum Call OI was at 11,500 followed by
There was meaningful Put writing at 11,400 and 11,500 levels, whereas Call writing was seen at 11,700, followed by 10,600
Technical Derivative Analyst, Motilal Oswal Securities.
