2025-07-11 09:42:36 am | Source: Religare Broking Ltd
Nifty closed at 25,355, breaching 3-day lows, key 25,400 - Religare Broking Ltd
Market Outlook
Nifty ended the weekly expiry at 25,355, slipping below the previous three days low and testing a key support zone near 25,400. On the technical chart, the 25,200 level emerges as the next strong support, which may come into play if the spot price breaches 25,300 in the near term. Looking ahead to the next weekly expiry, the 25,500 Call strike has witnessed the highest Open Interest build-up, signaling strong resistance at that level. Notably, Call OI is nearly double the Put OI, suggesting aggressive call writing and a clear sign of selling pressure at higher levels.
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