Strong Support For Nifty At 9,950

Strong Support For Nifty At 9,950

Nifty has been in short mode since it closed below 200-day simple moving average. Overall breadth declined and the present volatility surge also aided the bearish momentum, says Mustafa Nadeem, CEO, Epic Research.                     

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Future and Options Setup

 💡 Nifty March futures closed trading at 10,171.5 premium of 17.3 points versus discount of 0.6 points    💡 All series: Nifty open interest down 2 percent , Bank Nifty open interest down 2 percent    💡 India VIX ended at 15.7, down 3.3 percent   💡 Max open interest for March series …

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