Nifty Trading

Sustainable level above 18,201 could result in to momentum buying in the coming sessions, which could take Nifty towards next resistance of 18,500

The fall in the Indian market is far subdued, compared to many global peers that have slipped into bear-market territory

In August, BofA had revised its Nifty target upwards twice citing reduction in macro uncertainty

Since these funds can be volatile, limit your exposure to 5 per cent

Nifty P/E 82% higher than MSCI EM; up from 54% in June

Market players said this could be due to punching error where the trader sold 14,500 call options instead of 16,500 call options

Many have done worse on profitability

Industry players say biggest impact could be on derivative futures volume followed by cash market volumes

The candlestick formation on the daily chart of Nifty50 index resembles engulfing pattern. On Friday, the index closed 69 points or 0.64 per cent lower, thus engulfing the previous candle.

VIX has stayed fairly high, which indicates that fear exists. Breadth has been negative and there's more volume in net losers