Hot Stocks: PI Industries & Tata Chemicals could give over 10% return in short term; here’s why
Episode 3327, Apr 09, 2021, 12:30 AM
The Nifty50 on the weekly time frame charts has been in a consolidation mode for the past 4 weeks and has managed to hold above the 20-week SMA on a closing basis.
On the daily time frame, we can see the prices hovering around the 20-Day SMA. On the options open interest front (15th April 2021 expiry), huge participation and open interest addition is seen in the 15200 calls.
On the daily time frame, we can see the prices hovering around the 20-Day SMA. On the options open interest front (15th April 2021 expiry), huge participation and open interest addition is seen in the 15200 calls.