Nifty OI Signals Strong Resistance at 24000, Support at 23000 - Geojit Investments Ltd
Comments:
Nifty weekly contract has the highest open interest at 24000 CE and 23000 PE while monthly contracts have the highest open interest at 24000 CE and 23000 PE. The highest OI addition was seen at 23900 CE and 23400 PE in weekly and at 23500 CE and 23400 PE in monthly contracts. FIIs decreased their future index long holdings by 2.64%, decreased future index shorts by 0.06% and in index options, 14.73% increase in Call longs, 2.52% increase in Call short, 9.46% increase in Put longs and 15.58% increase in Put shorts.
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