Nifty holds above 15,000-mark; broad call addition in Nifty can be seen from 15,000 to 15,500 CE
Nifty holds above 15,000-mark; broad call addition in Nifty can be seen from 15,000 to 15,500 CE

Nifty holds above 15,000-mark; broad call addition in Nifty can be seen from 15,000 to 15,500 CE

DSIJ Intelligence-3 Article rating: 4.4

With this, the maximum open interest concentration on the put side stands at 15,000 strikes. Hence, this is going to be an important level to watch. On the call side, broad call addition can be seen in Nifty from 15,000 to 15,500 levels.   

Five stocks with buying interest
Five stocks with buying interest

Five stocks with buying interest

DSIJ Intelligence Article rating: 5.0

The market opened in green on March 08, 2021, overall volumes in futures & options currently stand at 9,76,01,800 contracts with a turnover of Rs. 95,47,788.50 crore.

Five stocks with selling interest
Five stocks with selling interest

Five stocks with selling interest

DSIJ Intelligence Article rating: 5.0

The market opened in green on March 08, 2021, overall volumes in futures & options currently stand at 9,76,01,800 contracts with a turnover of Rs. 95,47,788.50 crore.

Traders likely to watch 50-DMA on Nifty like a hawk!
Traders likely to watch 50-DMA on Nifty like a hawk!

Traders likely to watch 50-DMA on Nifty like a hawk!

DSIJ Intelligence-3 Article rating: 4.5

Technically, Nifty has been witnessing the formation of a lower high & lower low on the daily chart and along with this, it has breached its important short-term moving average i.e., 20-DMA. Though on the weekly chart, we have seen the formation of a bullish candle as the close of the week was greater than the opening of the week.

Use this technique to identify trend reversal with heightened accuracy!
Use this technique to identify trend reversal with heightened accuracy!

Use this technique to identify trend reversal with heightened accuracy!

DSIJ Intelligence-3 Article rating: 4.8

Now, let’s know why is it important for a trader to know about an upcoming reversal? Firstly, if a trader is already holding a position on a trend, he/she would want to exit it before the reversal. Secondly, reversal is a time when a new trend emerges. If one reads it correctly and spots it at the right moment, he/she will get an opportunity to join the trade early and gain more.  

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