Stocks to buy today: Grasim, Siemens among top 9 trading ideas for 17 October 2024
The Nifty future closed negative with losses of 0.34% at 25032 levels on Wednesday.
On the options front, the maximum Call OI is placed at 25,500 and then towards 25,200 strikes while the maximum Put OI is placed at 25,000 and then towards 24,000 strikes.
Call writing is seen at 25,500 and then towards 25,000 strikes while Put writing is seen at 24,800 and then towards 24,300 strikes.
“Options data suggests a broader trading range in between 24,500 to 25,500 zones while an immediate range between 24,700 to 25,200 levels,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.
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