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    Vikshita Vitthal Gujaran in News

    27-Feb-2023 10:14 AM


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    Trade setup for today: Top 15 things to know before the opening bell

    The market remained under pressure for a sixth consecutive session with the benchmark indices falling around third of a percent on February 24, taking the total weekly loss to over 2.5 percent, the first time since June 2022.
    Call option data On a weekly basis, the maximum Call open interest (OI) was seen at 17,600 strike, with 96.16 lakh contracts, which may remain a crucial resistance level for the Nifty in the coming sessions.
    This is followed by the 17,600 strike, comprising 44.75 lakh contracts, and the 17,400 strike, where we have 40.31 lakh contracts.
    Based on the OI percentage, 33 stocks including Zee Entertainment Enterprises, ONGC, Voltas, Tech Mahindra, and Glenmark Pharma, witnessed a long unwinding.
    Cipla: Officials of the company will participate in Goldman Sachs: India Pharma and Healthcare Tour.
    Tube Investments' total investment would be Rs 750 crore, of which Tube Investments has already invested Rs 639 crore by way of equity and ICD.

    Source -https://www.moneycontrol.com/news/business/markets/trade-setup-for-monday-top-15-things-to-know-before-the-opening-bell-32-10163411.html