Page 6 - Open Interest News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nifty 50 fell 1.9% last week, with June futures down 1.8% after peaking at 23,271.25. Despite a drop in Open Interest (OI), key support at 22,600-22,650 suggests a possible rebound to 23,000-23,250. A fall below 22,600 could extend to 22,400 or 22,180. For trades, buy Nifty futures at dips to 22,800, with a stop-loss at 22,550 and target of 23,250. Bank Nifty ended flat but is bullish above 48,900, potentially rising to 50,000-50,500.

The cryptocurrency market remained steady on Thursday, as blue-chip coins failed to force a major upward breakout.

WIF experienced a 10% price decline in the last 24 hours, just three days after dropping below crucial support levels.

Bank Nifty needs to cross the 49,000 mark on a weekly closing basis to show strength and potentially retest its previous all-time high and break above it.

The cryptocurrency market edged lower on Tuesday as Mt. Gox's Bitcoin transfer worth billions of dollars kept investors largely averse.