Nifty Hourly Charts
Nifty and Bank Nifty maintains the positional sell mode with resistance zone coming around 7673 and 15569 respectively. Reverse your position to positional buy mode if the resistance breaks on the hourly charts.
India VIX Hourly Charts
India VIX on the hourly charts showed a little bit of increased momentum and currently maintains the positional buy mode with the supports zone coming around 16.86 Low volatility could be observed if India VIX breaks the support zone on the hourly charts.
Nifty Open Interest
After Chasing 7700CE open interest now the option writers are interested in building huge open interest in 7600CE strike price. since 3 more days for expiry option writers now very much confident of 7600 holding as a strong resistance zone on EOD basis.