On the weekly front, the maximum Call OI is placed at 19800 and then towards 19700 strikes while the maximum Put OI is placed at 19500 and then towards 19300 strikes. Call writing is seen at 19600 and then towards 19650 strikes while minor Put writing was seen at 19450 and then towards 19400 strikes.
Tech View: Nifty’s near-term trend weak; breakout above 23,350 may trigger upside bounce. How to trade on Thursday
The Nifty’s near-term trend remains weak, with the lower tops and bottoms pattern intact. The current pullback aligns with a potential new lower top, pending