The Nifty future closed positive with gains of 0.42% at 23,907 levels on Wednesday.
On the options front, the maximum Call OI is placed at 24,300 and then towards 24,100 strikes while the maximum Put OI is placed at 23,000 and then towards 23,200 strikes.
Call writing is seen at 24,100 and then towards 23,750 strikes while Put writing is seen at 23,700 and then towards 23,600 strikes.
“Options data suggests a broader trading range in between 23,200 to 24,300 zones while an immediate range between 23,500 to 24,000 levels,” Chandan Taparia, Head, Equity Derivatives & Technicals, Wealth Management, MOFSL, said
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