The India VIX ended at 13.71. The Advance-Decline Ratio is 1.27, indicating bullish trend - Religare Broking Ltd
Market Outlook
The Nifty 50 closed the day at 25136 mark, faced a volatile session within trading range of 25080 to 25220. The India VIX ended at 13.71. The Advance-Decline Ratio is 1.27, indicating bullish trend. On Derivatives front 25100 call strike has witnessed unwinding, indicating resistance at 25,100 is less relevant now, while, OI build up at 25200 call & put options If the index sustains above 25,200, we may see further upside toward 25,300–25,500. But if it fails to cross 25,200, consolidation or mild pullback is possible.
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Indian markets end marginally lower this week amid subdued Q1 earnings, global sentiment
