Can Nifty50 sustain the 18,300-levels in short term?; F&O data has the answer3 min read 26 May 2023, 09:03 AM IST
The Nifty has been under selling pressure at higher levels since the middle of the May series after a strong start to the series.
The Nifty rose for the second consecutive series during the May series, gaining 2.3% since the last expiry. Nifty's rollover rate for June series was 70.6%, compared to 64.1% at last expiry. The Nifty rollover in May, however, was less than the three-month average at about 52.95%, as opposed to the three-month average of 54.17%.
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