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India VIX was down by 0.59% from 11.53 to 11.46 levels on Monday. Volatility sunk lower and is hovering near its lower band which may support the bulls near immediate support zones. On the weekly options front, the maximum Call OI is placed at 19400 and then towards 19500 strikes while the maximum Put OI is placed at 19400 and then towards 19300 strikes.

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