put writing

Nifty Bank lacks follow-through as cautious positioning dominates derivatives

Nifty Bank traded with a subdued, indecisive tone on Wednesday, extending its sequence of lower highs and closing below the 20-day exponential moving average (DEMA). This signals a gradual fading of bullish momentum. The index once again tested its key demand zone of 58,800–58,700, a region that ...

Profit-Taking Drags Nifty Bank; All Eyes on 59,000 as Index Approaches a Decisive Juncture

The Nifty Bank index witnessed mild profit-taking on Tuesday, encountering notable selling pressure at higher levels as its underlying strength remained subdued. Despite the pullback, the index continues to trade within a narrow consolidation band, a time-based pause rather than a meaningful pric...

Nifty rallies over 320 points, forming a major bullish reversal candle; poised for new lifetime highs

Nifty staged a powerful comeback, recording its biggest single-day gain in nearly four months as expectations of further rate cuts and strong buying in heavyweights fuelled sentiment. The index entirely erased the last three sessions of declines with a decisive bullish engulfing formation, reaffi...

Bulls Lose Momentum as Nifty Posts Muted Expiry; Critical Support Retest Signals Caution

The Nifty index ended the November expiry on a subdued note, marking its third straight negative session as measured profit-taking dragged the market lower. Persistent follow-through selling below the 26,000 mark reflected a precise cooling of bullish momentum, pushing the index closer to a criti...