F&O Radar | Deploy Bull Call Spread in Nifty to capitalize on the bullish bias in index (Paywall)

Nifty maintains bullish momentum, trading within defined support and resistance.

Synopsis

The Nifty index opened higher and gained momentum over four sessions, supported by bullish sentiment, before profit-taking in the last hour trimmed gains. Technical analysis suggests support near 25,000, with resistance at 25,250 and 25,350. Options data point to a broader range of 24,600–25,600, with traders advised to consider a Bull Call Spread strategy.

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