The India VIX ended at 14.63. The Advance-Decline Ratio is 9 , indicating bullish trend. Derivative data indicates a Positive - Religare Broking

Market Outlook
The Nifty 50 closed the day above 25000 mark after struggling for 8 trading sessions below this resistance. The India VIX ended at 14.63. The Advance-Decline Ratio is 9 , indicating bullish trend. Derivative data indicates a Positive sentiments as we observed Increase in OI build up for Put options from support levels and unwinding from Call options which were previously acting as strong resistance. For now 24800 will be the strong support with clear upside direction if prices holds at current levels.
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