The Nifty 50 closed at 25,936 after a volatile session, oscillating within the 25,800–26,000 range - Religare Broking Ltd
Market Outlook
The Nifty 50 closed at 25,936 after a volatile session, oscillating within the 25,800–26,000 range. On the derivatives front, fresh Call OI build-up at the 26,000 strike for the upcoming weekly expiry of November month indicates an immediate resistance zone, while major Put OI at the 25,800 and 25,700 strikes continues to act as immediate support. Amid the on going consolidation phase, a decisive breakout beyond either side of this range will be crucial in determining the next directional move
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