F&O radar| Implement Short Strangle in Nifty to benefit from range bound market

The Nifty index breached the all-time high of 26,277.35 set in 2024 and touched a fresh peak of 26,325.80 last Monday. However, selling pressure emerged above the 26,300 level, indicating that upside momentum may have been exhausted.Sahaj Agrawal, Senior Vice President and Head of Derivatives Research at Kotak Securities, noted that a critical technical swing […]

The RSI -Mythe: Does this popular trade indicator actually work?

For most investors and traders, technical analysis can often be filled overwhelmingly with complicated graphs, patterns and unknown terms. However, one indicator has succeeded in cutting this complexity with its simplicity and popularity: the relative strength index (RSI). RSI is widely used to identify when a shares or index can be ‘overbought’ or ‘sold over’, […]