Nifty View and Top trading ideas by CapitalVia Global Research Limited

Technical calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited - Investment Advisor

Nifty View
 

The Nifty traded with volatility throughout the truncated expiry week but somehow managed to hold 11,000 after the news on relief of trade war between US and China. India Vix is currently at 17 and is showing a probability of more volatility ahead. Nifty closed at 11,029.40, adding 103.55 points on Wednesday. Nifty Bank managed to hold 28,000 levels and closed at 28,019.20 with a gain of 290.10. As per Option data, Nifty has witnessed call writing at 11,100 and 11,250 strike, which is a clear resistance zone and fresh put writing at 11,000 and 10,900, respectively, which