 "Nifty would face stiff resistance in the sub 15,200 zone")
Markets traded with negative sentiments through-out the day on Thursday on weaker global cues as Nifty slipped below 15,100, dragged by metals and weakness in financial services stocks. The Nifty managed to close at 14,906, slashing 124 points, PSU Banks and Realty sector traded with positive sentiments whereas metals, private banks and automobiles closed in the red mark with marginal loss. Nifty bank closed at 33,334, slashing 351 points from the previous day’s closing.
As per weekly option data, handful of call writing on higher strikes, ranging from 15,100 to 15,300, happened which shows Nifty would face stiff resistance in
