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Indian market is expected to rise Friday on positive global cues. Nifty futures are up 0.84% at 22473. Options data suggests a broader range of 21800-22800.
On the weekly options front, the maximum Call OI is placed at 23,000 and then towards 22,600 strikes while the maximum Put OI is placed at 22,300 and then 22000 strikes.
On the options front, the maximum Call OI is at 22500 and then towards 22600 strikes. The maximum Put OI is at 22000 and then towards 21900, whereas Minor Call writing was witnessed at 22600 and then towards 22500 strikes, while some Put writing was witnessed at 22000 and then towards 21900 strikes.
Positive setup was seen in stocks like Cummins India, Trent, HAL, SBI, Tata Communication, Tata Power, Alkem, IOC, Canara Bank, BPCL, OFSS, Voltas, Coal India, TCS, RIL and DLF.
On the weekly options front, the maximum Call OI is placed at 21700 strikes and then towards 22000 strikes while the maximum Put OI is placed at 21000 strikes and then towards 20800 strikes.