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Trend likely to remain weak if Nifty remains below 17,000 mark

The Nifty50 has witnessed significant amount of Call writing at higher levels and there has not been enough Put writing at the lower end to find a meaningful support on the derivative front. The uptrend will resume only once we close above the level of 17,100.

Kunal Shah
September 29, 2022 / 07:49 IST
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Kunal Shah is the Senior Technical and Derivative Analyst at LKP Securities. He has over 9 years of experience in the field of derivative markets. He is an MBA graduate with specializations in finance.
first published: Sep 29, 2022 07:49 am

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