Daily Derivative Report - 19th March 2026 by Religare Broking Ltd
Market Outlook
The Nifty index continued its upward momentum for the third straight session, closing firmly above the immediate resistance zone of 23,600-23,700, indicating improving strength. Technically, the 24,000 mark now stands as a crucial hurdle, a sustained breakout above this level could improve the market sentiments for the near term. On the derivatives front, fresh put writing at the 23,700 strike highlights an immediate support, while significant call OI at the 24,000 strike remains a key resistance zone, potentially capping further upside and triggering selling pressure at higher levels.


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