2026-11-02 09:28:11 am | Source: Religare Broking Ltd
Daily Derivative Report - 2nd November 2026 by Religare Broking Ltd
Market Outlook
The key benchmark Nifty50 witnessed a positive trading session on Friday, gradually inched higher towards the 23,050-23,100 zone and settled with weekly gains of two percent. On the derivatives front (weekly expiry data), shows highest OI on the downside is at 22,500 and 22,700 strikes and on upside highest OI is at 23,400 and 23,500 strikes respectively. Overall in the near term, the positive trend could continue with the upside targets of 23,150-23,200 zone on immediate basis and on lower side crucial supports has formed around the 22,850-22,900 zone.
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