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* Current Week Expiry Nifty Open Interest Distribution

* The highest Open Interest on the Call side is at the 25,500 strike, followed by 25,300 which could act as resistance levels.

* On the Put side, the highest Open Interest is at 25,200, followed by 25,000 which may serve as support levels.

* The premium for the At-the-Money option is Rs. 288, indicating a likely trading range for the week between 24,900 and 25,500.

* Monthly Expiry Bank Nifty Open Interest Distribution

* The highest Open Interest on the Call side is observed at the 57,000 strike, followed by 56,500 which may act as resistance levels.

* On the Put side, the Highest Open Interest is at 56,000, followed by 55,500 which might act as support levels.

* The premium for the At-the-Money option stands at Rs. 1050, indicating a probable weekly trading range between 55,500 and 57,700.

Nifty–Volatility

Bank Nifty–Volatility

NIFTY Strategy: - Bull Call Spread

* View: - Moderately Bullish.

* Rationale: - Traders may consider deploying this spread strategy to achieve moderate returns while maintaining controlled risk and reward. The strategy involves buying one lot of the 25,250 strike Call Option and simultaneously selling one lot of the 25,500 strike Call Option.

Strategy Payoff Chart

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