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

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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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