Stocks to buy today: Zomato, Tata Motors among top 9 trading ideas for 9 December, 2024
The Nifty future closed positive with gains of 0.04% at 24775 levels on Friday. India VIX closed at 14.14 in the previous trading session.
On the options front, the maximum Call OI is placed at 26,000 and then towards 25,500 strikes while the maximum Put OI is placed at 24,000 and then towards 24,500 strikes.
Call writing is seen at 25,000 and then towards 24,700 strikes while Put writing is seen at 24,200 and then towards 24,700 strikes.
“Options data suggests a broader trading range in between 24,200 to 25,200 zones while an immediate range between 24,400 to 24,900 levels,” Chandan Taparia, Head, Equity Derivatives & Technicals, Wealth Management, MOFSL.
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