📌 The market saw a strong start followed by a bullish momentum propelling Nifty towards the all-time high of 21593. Currently, the prevailing sentiment seems favoring the Bulls, as evidenced by a significant disparity in the total OI b/w CALLs & PUTs. There's a noteworthy +Ve skew, with 32Lks OI in CALLs Vs 42Lks in PUTs
📌 From Intraday perspective, data is Flat-to-Positive.
OI Changes: CALLs@5.2Lk vs 10.3Lks PUTsOptions Money-flow Activity: In the past 1 Hr, thick of the activity appears to be Short-Unwinding(SU) & Long-Buildup(LB) in CALLS
The fresh Money@Stake in Active-Strikes: CALLs b/w 21550-21700@ 85Cr Vs PUTs b/w 21600-21400 @ solid 198Cr, reflecting the dominance of BULLs
📌 Immediate Intraday Technical Sup/Res: 21480/21700
📌 Overall, the setup looks Flat/Positive.
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