 "buy and sell, markets, stocks")
Market traded in a range on Friday; Nifty facing 12,170 as an immediate resistance
The market traded in a close range on Friday, as traders turned cautious ahead of weekend on uncertainty over Coronavirus. Nifty closed at 12,098.40, slashing 39.60 points. Media, pharma, and metal stocks traded with positive sentiments throughout the day whereas realty and auto stocks witnessed pressure. Nifty bank closed at 31,202 slashing 102.05 points from the previous day’s closing.
As per weekly option data, handful of call writing on higher strikes ranging from 12,100 to 12,300 is seen which shows Nifty is witnessing stiff resistance in
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