The Nifty future closed positive with gains of 0.50% at 24,470 levels on Tuesday.
On the options front, the maximum Call OI is placed at 25,000 and then 24,800 strikes while the maximum Put OI is placed at 24,000 and then towards 24,400 strikes.
Call writing is seen at 24,700 and then towards 25,100 strikes while Put writing is seen at 24,300 and then towards 24,400 strikes.
“Options data suggests a broader trading range in between 24,000 to 25,000 zones while an immediate range between 24,200 to 24,800 levels,” Chandan Taparia, Head, Equity Derivatives & Technicals, Wealth Management, MOFSL, said
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