Monday, September 28
The Indian market is likely to trade higher on Thursday, tracking positive global cues.The Nifty future closed positively with gains of 0.71% at 25,250 levels on Wednesday. India VIX fell by nearly 5% to close at 12.97 in the previous session.On the options front, the maximum Call OI is placed at 25,300 and then towards 25,500 strikes while the maximum Put OI is placed at 25,200 and then towards 25,000 strikes.Call writing is seen at 25,250 and then towards 25,300 strikes, while Put writing is seen at 25,200 and then towards 25,150 strikes.“Options data suggests a broader trading range in between 24,700 to 25,700 zones while an immediate range between 25,000 to 25,400 levels,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.“Nifty formed a bulli
