Nifty found short term resistance around 10500 zone and currently in the phase of short term correction. Trading sentiment and profile sentiment both turned to negative mode which brings more downside pressure for nifty in the very near term. On the downside 10350 and 10248 are the two major focus levels to watch in the very short term.
Nifty Open Interest Pattern shown current 6200CE shows the higher Open Interest Builtup among the options series which indicates 6200 is the temporary resistance zone for the current Options series. And on the Puts Side 5800 and 5900PE holds the higher Open Interest among the put side.