INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Friday's flash crash came as a bolt from the blue for traders on Dalal Street as the Nifty swung wildly by over 480 points
during the day.
The NSE benchmark index took a mighty fall to 10,866 from its high of 11,346, resulting in a strong Bearish candle on the
almost tested 200-day moving average, which is placed around 10,750 levels
Usually, corrections tend to end with this kind of classic panic and retracement levels
the options front, maximum Put open interest (OI) was at 11,000 followed by 11,100 strike while maximum Call OI stood at 11,500 and 11,400
For the Nifty to reclaim its bullish trend, it was very much necessary and below that, we continue to maintain sell on advances as a
Nadeem, CEO, Epic Research.
According to experts, going forward, if the Nifty sustains above 11,025 levels for a couple of sessions, one can
