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Nifty remains range-bound as traders appear uncertain
Nifty remains range-bound as traders appear uncertain

New Delhi, Sep 26 : Nifty remained largely range-bound throughout Tuesday as traders appeared uncertain, says Rupak De, Senior Technical analyst at LKP Securities.

The inability of bulls to witness any sustainable upside bounce from here could eventually result in a decisive downside breakout of the present range movement. The high-low areas to be watched for the short term are around 19750-19600 levels, said Nagaraj Shetti of HDFC Securities.

Open Interest (OI) data shows that the Call side had the highest OI at 19,800, followed by 20,000 strike prices. On the Put side, the highest OI was observed at 19,600 strike price.

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