RSI trends upward, and options data highlights strong support at Rs 1,400. Analysts suggest a Bull Call Spread strategy to capitalize on potential gains. Synopsis Cipla shares broke out from a falling trendline, signaling bullish momentum. A close above Rs 1,500 could drive prices to Rs 1,540β1,580. RSI trends upward, and options data highlights strong…
READ MOREThe Nifty index opened negatively but saw significant buying, recovering 200 points to close near 22,500. Synopsis Nifty index opened negatively on Tuesday but rebounded 200 points from its low, closing around 22,500. A bullish candle formation suggests support-based buying at lower levels. The index needs to stay above 22,400 for further gains towards 22,650…
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