BANK NIFTY

Given the high BANK NIFTY CALL OI at 51,500, there's a strong resistance at this level. If the Bank Nifty manages to break above 51,500, it could potentially move higher. However, if it fails to break this resistance and the global market trends downward, it might take support at 51,000 and then possibly drop to 50,000.

TODAY DOW FUTHER -77 8.25AM

Options Interest (OI)
PUT OI at 51,000: 22 lakhs
PUT OI at 50,000: 27 lakhs
CALL OI at 51,500: 47.7 lakhs
Next Day Outlook