The Nifty 50 ended the week at 25,285, rising 1.57% - Religare Broking Ltd
Market Outlook.
The Nifty 50 ended the week at 25,285, rising 1.57%. A muted India VIX indicated easing volatility and stable market sentiment. On the daily chart, the index held firm near the 24,900–25,000 zone, aligned with its 50-day EMA. On Friday, Nifty broke above the key resistance of 25,200, and sustaining this level could drive an upside move towards 25,500. Derivatives data supports this view, with fresh Put OI build-up at 25,200 acting as immediate support, while Call OI concentration at 25,500 marks a crucial resistance ahead
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