Nifty OI Analysis :
Nifty achieved target 17600. Tug of war at 17600 PE writers added 26K lots and CE writers added 12K lots. Intraday range 17500-17700. If price sustains above 17650 than we can see price rise till 17700. If price sustain below 17600 we can see price fall till 17500.
Banknifty OI Analysis :
Banknifty achieved target 37200. 37500 PE writers added 26K lots and 38000 CE writers added 23K lots. Intraday Range 37500-38200. If market sustain above 37800 than we can see upside till 38200. Lower side if market sustain below 37600 we can see more downside 37200.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
Disclaimer. This is not a buy / sell recommendation. Posted for education purpose only. Please consult your financial advisor before taking the trade. Profit / loss is your own responsibility for your trade