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Open Interest Analysis for 5th Aug 2021


 


As per Option Chain it looks like People created Straddle at 15800

Max call Oi is at 16000 which will act as a resistance

Max put oi is at 15500 which may act as a support

As per chart you can see 15500 and 16000 acting as a support and resistance

Nifty may likely to trade between 15400 to 16200 in next week



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