F&O Tracker: Rally May Pause, Not Perish
Nifty 50 (25,710) and Nifty Bank (57,713) advanced 1.7 per cent and 1.6 per cent respectively last week. Here is an analysis of the chart of futures contracts and the derivatives data of both indices: Nifty 50 Nifty futures (October) (25,758) rose 1.4 per cent last week, a third straight gain. It broke out of a resistance at 25,500 and marked an intraweek high of 25,849 on Friday before…













