Futures & Options outlook: Stay cautious, Nifty may face selling pressure near 16200-16400 resistance

Futures & Options outlook: Stay cautious, Nifty may face selling pressure near 16200-16400 resistance

By Ruchit Jain Post last week’s expiry, we witnessed a gap down opening for our markets and selling pressure was seen throughout the week. Both Nifty and Bank Nifty continue to add short positions in the derivatives segment which added fuel to the ongoing correction. In the middle of the series, the option writers had […]