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nifty bank today: Nifty Bank bounces back; next resistance seen around 48,000: Experts

The Futures Open Interest indicates a buildup of long positions in Nifty futures. The India VIX, known as the fear indicator, fell by nearly 5% to 13.76 giving major comfort to the bulls. The Nifty Bank index managed to bounce back from the intraday low of 46,919, indicating strength. The next big resistance is placed around 48,000, suggested experts.

F&O stock strategy: How to trade Voltas, Coal India?

The Futures Open Interest (OI) indicated a buildup of long positions in Nifty futures with the Long-Short Ratio standing at 59.99% on December 18 as the FPIs continued to increase their exposure to long in the index futures, Ashwin Ramani, Derivatives & Technical Analyst, SAMCO Securities said.

Profit booking, Covid scare drag down markets with selling across the board

Profit booking, Covid scare drag down markets with selling across the board
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