Open interest (OI) data showed the highest OI on the call side at the 24,200 and 24,300 strike prices, while on the put side, the highest OI was at the 24,000 strike price, followed by 24,100.
Nifty rally not sustainable on few big names, broader participation essential: Rahul Ghose of Hedged.in
The December weekly closing formed a neutral candle, reflecting indecisiveness in the market due to the holiday season. Short-term support is around 23,200–23,300, with potential