#Instrument #Date

Written Analysis of OI Graph

Paste the OI Graph

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#Nifty

Date: 24 Aug 2023

Spot Close: 19386

Huge OI addition in 19.5k CE, can be very stiff resistance for this series.

Also, equal add of CE and PE in 19.4k can indicate lot of Short straddles added at 19.4k, So any move above 200 points could lead to trap, volatility and further move.