The expiry day was controlled by bulls and though bulls were not able to completely engulf the previous bear session, they managed to close Nifty higher.
It is the beginning of the new series today and large accumulation is seen in 5200 puts as well as in 5300 calls and it would be too early to analyse the options data.
Resistance levels : 5266, 5285, 5306
Support levels : 5250, 5234, 5218
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