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Nifty's next big move hinges on 24,800, says Geojit's Anand James
James believes derivatives positioning and options data suggest traders are shifting their bullish expectations higher, with the market attempting to establish a new support base around 24,400-24,500. A decisive move above 24,800, he says, could pave the way for the benchmark index to extend its rally towards the 25,000 mark, provided banking stocks also join the advance.
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economictimes.indiatimes.com
Nifty rally has enough steam left to move closer to 25,000: Analysts
Experts suggest a moderately bullish strategy for Nifty options with defined risk and reward. Jio Financial Services and Hero MotoCorp are recommended buys with specific price…
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Nifty's next big move hinges on 24,800, says Geojit's Anand James
James believes derivatives positioning and options data suggest traders are shifting their bullish expectations higher, with the market attempting to establish a new support base…
