Due to the continued resilience shown by the banking index, the futures open interest has been relatively lower in Bank Nifty, and fresh shorts were not seen during the week. However, stock-specific significant Call writing positions are visible among PSU and private sector heavyweights. Hence, we may see limited upsides in this pack.
from Economic Times https://ift.tt/7cCrGsq
from Economic Times https://ift.tt/7cCrGsq
Nifty Bank may continue to consolidate this week. What traders should do
Reviewed by News Today
on
October 16, 2022
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