Major Supports: 6415, 6350, 6080
Major Resistance: 6550, 6700, 6760
OI Data:
There are huge call writing for Dec-15 expiry:
6500: 3.3K
6600: 2.2K
6700: 2.2K
6800: 2K
So from 6500 to 6800, there are 10K calls writing happens for Dec expiry.
And Put? - 6400 is the major support of 2K Puts.
High resistance it's going to face. Sell on rise strategy.
Major Resistance: 6550, 6700, 6760
OI Data:
There are huge call writing for Dec-15 expiry:
6500: 3.3K
6600: 2.2K
6700: 2.2K
6800: 2K
So from 6500 to 6800, there are 10K calls writing happens for Dec expiry.
And Put? - 6400 is the major support of 2K Puts.
High resistance it's going to face. Sell on rise strategy.