Nifty and Bank Nifty februrary future on the hourly charts is in positional buy mode on the interim budget 2014 event and currently the support zone comes near 6096 and 10435 respectively. Revese your position to positional longs only if the resistance breaks on the hourly charts.
Nifty Open Interest Lookup
Currently 1.16 crore of Open interest built up in 6000PE strike price this means put writers have a very strong belief that 6000will as a strong support for this option series on EOD basis. So far the open interest built up in most of the call strike prices are not much enough say that call writers are confident at this moment. 6000PE, 5900PE, 6100PE are the put writers hotspot as of now.