Nifty Hourly Charts
Nifty and Bank Nifty December futures turned to Buy mode since Nov 25th with support coming around 6187 and 11170 respectively. Reverse the position to sell mode if the support breaks on the hourly charts.
Bank Nifty Hourly Charts
Nifty Open Interest Charts
December Nifty Options started with killing the premium of 6000PE with too much of open interest builtup right from the start of the series and on the call side 6500CE hold the higher open interest. Current Nifty range for the series could be in the range between 6200-6500
Related Readings and Observations
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