Dr Praveen Dwarakanath, VP at Hedged.in, noted that Nifty showed strength, rebounding from the middle of the Bollinger band after an intraday dip. The momentum indicators on the hourly chart signalled recovery, supporting a bullish close. Options data suggests a range-bound movement, with put writing at 23,300 and below, and call writing at 23,500 and above.
Tech View: Nifty forms hammer candle on daily scale. What traders should do on Tuesday
Date:
More like thisRelated
The Ember Mug 2 is one of the best gifts Ive received — and its currently on sale for $40 off
The Ember Mug 2 is on sale for $89.99,...
Looking for an affordable Venus et Fleur dupe for V-Day? These preserved roses are only $59.94
As of Feb. 3, you can get 27 preserved...