The consolidation of Nifty is tightening with bulls and bears alternating every other session. Yesterday markets towards the end corrected from 6300 levels to close for the day near to the low at 6276.
OI increase was seen in all out of the money calls and 6300 puts also added around 8 lakhs in OI. PCR is almost constant at 1.08. For this week it looks like there will again be alternating sessions between the bulls and bears, before a strong directional move next week.
Resistance levels : 6312, 6336, 6366
Support levels : 6265, 6234, 6203
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