2024-05-17 10:13:43
Nifty Option Chain Analysis (23MAY2024)CMP: 22480 (12:00PM)
Markets after an initial hesitation has followed up with yesterday’s buying while Nifty inches towards the 22500 mark.
Currently, the change in OI numbers are +Ve & in-line with the price action.
Total OI : CALL @ 25.5Lk (+9.4Lk) Vs PUTs @ 30Lk (+12.6Lk);
PCR @1.18 Vs 1.04 @ 10:35AM
In Active-Strikes (marked in Grey), CALL OI Change stands only @3.5Lk Vs 6.3Lk in PUTs; positive inference
Money-flow Activity: M2M dynamics since 10:30AM is however, yet to show any strong numbers. Minor M2M gains seen for PUT Writers.
Intraday Technical Sup@ 22300; Res@22600
While the data presents a positive outlook,
it's essential to remain cautious and vigilant as the Money-flow activity seems dull.Initiated:
Nifty 23MAY2024 22350CE @ 183 | Status: Closed @ 204 Avg
Any further update shall be communicated.
Source: www.nseindia.com
Disc: https://bit.ly/DisclaimerKSLResearch
16.0K viewsedited 07:13