The NSE Nifty 50 has touched new heights led by investments from FII, DIIs, and Indian retail investors, topping the psychological 20,000-mark on September 11. Options data suggests substantial put writing at the 19,800 and 19,900 levels, forming a strong support base. Analysts maintains a positive outlook, “Bulls are firmly in control, with Nifty gaining nearly 4 percent in September. The #39;Higher Top Higher Bottom#39; pattern continues, and we anticipate reaching further milestones in the near term.”
The NSE Nifty 50 has touched new heights led by investments from FII, DIIs, and Indian retail investors, topping the psychological 20,000-mark on September 11. Options data suggests substantial put writing at the 19,800 and 19,900 levels, forming a strong support base. Analysts maintains a positive outlook, “Bulls are firmly in control, with Nifty gaining nearly 4 percent in September. The #39;Higher Top Higher Bottom#39; pattern continues, and we anticipate reaching further milestones in the near term.” The NSE Nifty 50 has touched new heights led by investments from FII, DIIs, and Indian retail investors, topping the psychological 20,000-mark on September 11. Options data suggests substantial put writing at the 19,800 and 19,900 levels, forming a strong support base. Analysts maintains a positive outlook, “Bulls are firmly in control, with Nifty gaining nearly 4 percent in September. The #39;Higher Top Higher Bottom#39; pattern continues, and we anticipate reaching further milestones in the near term.” Moneycontrol Latest News Read More
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