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Undercurrent positive bias amid rising volatility
Put-Call Ratio of OI at 1.47 suggests resilient support zones; Strong Put OI at 21,300 and 21,200 strikes
Further consolidation likely before a fresh up move
Call & Put writers adding heavy OI; FIIs’ net shorts rose to over 80,000 contracts last week and short covering move may take Nifty towards target...
Limited downside fall amid hefty Put writing
Option writers continue to build-up OI in far strikes; Volatility likely for truncated week ahead
