Tech View: Nifty forms bullish engulfing candle. What should traders do on Friday

April 25, 2024

Analysis of Nifty Put options indicates a concentration of Open Interest (OI) at the 22,500 level, suggesting potential support. On the Call side, significant OI concentrations are observed at the 22,900 and 23,000 levels, nearing all-time highs.

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