Stocks to buy or sell today: Wipro, Infosys among top 6 trading ideas for 12 November 2024
The Nifty future closed positive with gains of 0.03% at 24226 levels on Monday. The volatility index India Vix fell by 1.38% to 14.27, indicating a decline in market volatility.
On the options front, the maximum Call OI is placed at 25,000 and then towards 24,500 strikes while the maximum Put OI is placed at 23,000 and then towards 23,500 strikes.
Call writing is seen at 24,300 and then towards 24,500 strikes while Put writing is seen at 24,000 and then towards 23,600 strikes.
“Options data suggests a broader trading range in between 23,700 to 24,600 zones while an immediate range between 23,900 to 24,400 levels,” Chandan Taparia, Head, Equity Derivatives & Technicals, Wealth Management, MOFSL, said
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