Mid-market comment by Mr Shrey Jain, Founder and CEO SAS Online - India`s Deep Discount Broker
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Below the Quote on Mid Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
In recent sessions, global uncertainties pressured markets, but today, the Sensex and Nifty opened in the green, driven by improved global risk appetite, sparking a rally in Asian markets.
In Nifty, the 22500 Call strike has significant Open Interest (OI) of around 72 lakh shares, while the 22000 Put strike holds substantial OI of about 100 lakh shares. Support for Nifty is between 22150 and 22200, with resistance ranging from 22375 to 22450.
For Bank Nifty, the 48000 Call strike has notable OI of approximately 30 lakh shares, and the 47500 Put strike boasts a sizable OI of around 19 lakh shares. Support for Bank Nifty is observed between 47575 and 47675, while resistance is seen between 48150 and 48250.
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