The 30-share index, which opened at 29,395 against the previous close of 29,421, hit an intraday high and low of 29,420 and 29,163, respectively. There was significant Call writing at strike prices 9,100 and 9,050 while Put writing was intact at strike price 9,000. This is likely to put the indices under much pressure going forward in next few trading sessions.Hence, it is inevitable for it to stage a comeback in immediate trading session to breathe some life into bulls, who are otherwise looking on humble foot.We have with us Mazhar Mohammad of Chartviewindia.in to give us some insights on Nifty behaviour on the technical front.Byte 3: Mazhar MohammadThat's all for now folks. Do come back for our pre-market podcast on Tuesday morning. Have a great evening ahead!

Source: Economic Times March 27, 2017 12:40 UTC