The Nifty 50 ended the weekly expiry on lackluster note at 24793 mark - Religare Broking Ltd
 
                            Market Outlook
The Nifty 50 ended the weekly expiry on lackluster note at 24793 mark. The India VIX ended at 14.26. The Advance-Decline Ratio is 0.47 , indicating negative trend. Coming monthly expiry indicates a sideways trend within range of 500 points from 24500 to 25000, where, 24500 Put & 25000 Call strike has build up highest OI. A move beyond these 500 points can trigger fresh trend direction. Additionally significant low IV and India Vix also indicating weak trend for coming sessions.




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