Volume profile indicates Nifty has strong support around the 19,300-19,400 zone. OI data showed that on the call side, the highest OI was observed at 19,700 followed by 19,800 strike prices while on the put side, the highest OI was at 19,500 strike price
Tech view: Lack of strength limits Nifty’s breakout potential, key support at 23,150. How to trade on Friday
Nifty’s short-term trend remains positive, but lacks strength for significant breakouts. Key resistance levels are at 23,400-23,450, while immediate support is at 23,150. Analysts suggest