Nifty Hourly Charts
Nifty and Bank Nifty November futures hourly charts are in sell mode since 6th November.Currently resistance zone is at 6137 and 10931 respectively. One should reverse your position to positional buy if the resistance zone breaks on the hourly charts.
Banknifty Hourly Charts
Nifty Options Open Interest
Currently 6300CE holds the higher open interest among the strike prices and 6000PE holds the higher open interest on the Put Strike prices which make the market a range bound zone to trade between 6000-6300 as Call writers and Put writers are active in killing premium of 6000PE and 6300CE.