- Put Writing seen in 4500,4600,4700,4800,4900 Put option Sep Contracts
- PCR - Put Call Ratio - OI is at 2.1 - Extremely Overbought
- Highest OI builtup in 4600 PE
- Call Writing seen in 5000CE
We might see some short covering in the morning once the market opens.
Nifty might test levels of 4950-4986 and then come down.
Day's important support for Nifty will be at 4903