PostMortem of SEBI’s consultation paper on “Measures to strengthen index derivatives framework for…

SEBI’s new business plan seems like the story of Kalidasa who tried to cut the branch of the tree on which he was sitting. The segment making the most money for the regulator is at the risk of facing the axe i.e. futures and options (FnO). A government entity trying to help retailers save money…

Nifty & BankNifty Analysis — 18 Apr 2024–13.23

Nifty Analysis — Stance Bearish⬇️ Recap from yesterday: “For bearish continuation, we need to take out the 22051, whereas for Neutral stance shift, we need to take out 22295.” We did take out the 22051 support today on the 4mts TF but not before some drama. Initially Nifty was showing strong upside potential knocking the 22295 resistance…