Update on technical halt in NSE By Mr. Yash Gupta Equity Research Associate , Angel Broking Ltd
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Below are Views On Update on technical halt in NSE By Mr. Yash Gupta Equity Research Associate , Angel Broking Ltd
Almost the complete day has gone for option players due to some technical issues at National Stock Exchange which is the biggest exchange in India.
So in option price there is a major component of time value of money which is known as delta, as we have almost lost 1 day of trading so the time value of money for the day has been eroded from the options. Some options will expire tomorrow i.e 25th February 2021, so this trading halt will be beneficial for option writers as time value of money will come down when every market opens. On other hand this will be a disaster for the Option buyer as their premium will come down significantly.
We recommend retaining investors to be cautious as when the market will open they may be very volatile for some time.
Above views are of the author and not of the website kindly read disclaimer
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On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
