#OptionsCorner - closing note
- Nifty again attempted to cross its resistance level of 23481 but failed to do so. Now the resistance is seen at 23490 spot closing basis
- Open interest build up for weekly expiry is seen at 23400 put and 23500 call as per closing provisional data
- Medium term trend remains positive while short term momentum seems to be missing for now
- Basis the sentiment and resistance we have initiated a Credit spread strategy for the week with predefined risk -
https://t.me/KotakSecurities/13854Levels/Views are based on options data analysis
Derivatives Research Desk
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