Why Are Market Facing Intraday Correction & Overall Pauses? | Kunal Bothra’s Stock Bets & Trends!　 #ETNOW

Nifty’s record-high chase stalls as short positions build up in index futures!
Kunal points out a 10–15% jump in open interest, signaling fresh short additions in Nifty and unwinding in Bank Nifty — keeping upside capped near-term. Support may emerge near 25,500, but conviction remains low. Globally too, profit booking continues with Japan down 4–5%.
Stock picks for the day: BPCL (Target ₹384, Stop ₹365) and BHEL (Target ₹277, Stop ₹260).

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