Oversold Nifty could see a short-term rebound: Analysts
The Sensex and Nifty extended their losing streak to a fifth week, the longest in 14 months, with Nifty sliding nearly 2% and slipping below key moving averages. Analysts said the indices have entered oversold territory, leaving scope for a short-term rebound.TANMAY SHAH, RESEARCH HEAD, SIHL Trading Strategy: Given the current oversold condition and the possibility of Nifty holding above the 22,950 support zone, traders can consider a Bull Put Spread for the September 29, 2026 expiry, by sellin…



