Yesterday, Nifty 50 saw a sharp decline of 300 points, driven by heavy selling in overvalued small-cap stocks with weak earnings. The index formed a long bearish candle, indicating a shift in support levels down to 22,700.
For today, the market is expected to remain range-bound, with premiums declining on both sides, particularly on call options.
For today, the market is expected to remain range-bound, with premiums declining on both sides, particularly on call options.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.