The other interesting piece is that 95% of the volume in the options segment is in index options. The following table shows volume break-up as of August 22, 2023, and what becomes very clear is that the stock options are a tiny part of the total options market.
Tech view: Nifty breaks 25,500 resistance, forms long bull candle. How to trade on Monday
Nifty’s short-term trend is strongly bullish after Friday’s significant surge. A brief consolidation or pause is possible before further upward movement. The next upside target,