F&O data shows Nifty pivot at 23,550; Can Bank Nifty trigger a pull-back?

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F&O cues for Nov 18: As long as Bank Nifty holds the 200-DEMA support near 49,900, the index could witness a pullback move towards 50,500-50,600 levels, believes Hrishikesh Yedve of Asit C.Mehta.

F&O data shows Nifty pivot at 23,550; Can Bank Nifty trigger a pull-back?

Proprietary traders, on the other hand, decreased long bets in index futures as the ratio fell from 0.68 to 0.59.  Stocks in F&O ban period today, November 18  Aarti Industries, Aditya Birla Fashion Retail, GNFC, Granules India and Hindustan Copper are the 5 stocks placed under F&O ban period on Monday.

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Category: BusinessFinance

Markets: India

Topics: Nifty options Nifty futures Technical outlook Nifty futures Derivatives trading Technical analysis Stock market outlook Derivatives market Bank nifty outlook

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Published On: 2024-11-18 @ 09:01:30 (8 hours ago)

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