Editor's Take | Nigel D'Souza Shares His View On The Market

Trade Set Up

Weak Close for Nifty & Nifty Bank

Wednesdays fall partly prepared our markets for hawkish pause?

FII action in FNO - Index Futures

Change in OI Positioning

Longs -30419 61 percent

Shorts -5337 39 percent

Nifty PCR at 0.79 vs 1.10

NIFTY options data

Strike Change in OI Premium

20000 Call +1.6 crore shares 20

19950 Call +71.5 lakh shares 38

Nifty options data

Aggressive writing seen at 20000 call and 19950 call

19900 Put has highest OI, premium at 44

19800-19850 level is a crucial support level

Nifty Bank Options Data

Writing witnessed at 45500 Call , premium at 358

Nifty Bank crucial support zones

20 DMA 44,950

50 DMA 44,969