By Debdeep Gupta | 08 May, 2024
Bank Nifty bearish to sideways on weekly expiry day, trader says sell call options
The bearish trend in Bank Nifty persisted on May 8, the weekly expiry day, with the index falling 149 points to 48,136, at around 9:50 am, trading very close to its technical support levels. Traders suggest selling call options ahead of today’s weekly expiry, considering the derivatives data, which shows limited upside possibility.The support for the Bank Nifty index is seen in the 47,900-48,000...
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