Option Chain Analysis (29-May-2024 ;EOD)The options market indicates that the highest open interest on the call side is at 23000/23500 level, while on the put side, its at 22500/22000. Today's option chain analysis reveals a higher volume of call writing in comparison to put writing, signaling a bearish sentiment in the market.
The Volume Weighted Average Price (VWAP) suggests a trading range for the next day between 22630 and 22890. The Max Pain is seen at 22800 spot with the CE/PE Combined Residual Premium/Pain Value of 1844.98 Crores.
Update on Option Chain Analysis will be shared in the Live market
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Source: www.nseindia.com
