Expiry ki Baat @ 25-Aug-2026 Series:
Nifty has remained range-bound over the past few sessions.
Despite forming a putative swing low at 24,025 on 19th August, the anticipated resumption of the upward trend has yet to gain meaningful momentum. The broader market participation is also muted.
The immediate resistance cluster lies between 24,315 and 24,380, while a rising trend-line support, now coinciding with the recent swing low of 24,025, remains a crucial downside threshold.
Derivatives positioning also points to a well-defined range, with Open Interest heavily concentrated at 24,300 Calls and 24,200 Puts, suggesting limited directional conviction ahead of expiry.
Suggested Strategy:
Nifty SHORT-STRANGLE
Expiry: 25-Aug-2026 Expiry
Sell 24,400CE & Sell 24,000PE
INFLOW : ~18.30 | SL : 36 | TGT : Entire premium
https://bit.ly/DisclaimerKSLResearch
Nifty has remained range-bound over the past few sessions.
Despite forming a putative swing low at 24,025 on 19th August, the anticipated resumption of the upward trend has yet to gain meaningful momentum. The broader market participation is also muted.
The immediate resistance cluster lies between 24,315 and 24,380, while a rising trend-line support, now coinciding with the recent swing low of 24,025, remains a crucial downside threshold.
Derivatives positioning also points to a well-defined range, with Open Interest heavily concentrated at 24,300 Calls and 24,200 Puts, suggesting limited directional conviction ahead of expiry.
Suggested Strategy:
Nifty SHORT-STRANGLE
Expiry: 25-Aug-2026 Expiry
Sell 24,400CE & Sell 24,000PE
INFLOW : ~18.30 | SL : 36 | TGT : Entire premium
https://bit.ly/DisclaimerKSLResearch