BTCC / BTCC Square / Global Cryptocurrency /
Nifty Futures See Short Build-Up Amid Bearish F&O Data

Nifty Futures See Short Build-Up Amid Bearish F&O Data

Global Cryptocurrency
Release Time:
2025-08-02 16:40:02
0
BTCCSquare news:

Nifty 50 futures dropped 1.3% last week as open interest surged from 74 lakh to 169 lakh contracts, signaling fresh short positions. The Put Call Ratio of 0.60 reflects heavy call option selling—a bearish bet. Yet technical support at 24,600 remains a critical floor.

Traders holding long positions from 24,700 should maintain stops at 24,500. A rebound could target 25,200, with 25,370 as resistance. Conversely, a breakdown below 24,600 risks a slide to 24,200. Market sentiment hangs on this pivot.

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users