Excellent summary! There seems to be an error in the following line. "The maximum Put Open Interest (OI) is 24,000, followed by 24,400, suggesting strong support at 24,000 and additional support at 23,800." I think 24,400 in the middle of the sentence should be replaced by 23,800. Otherwise, the summary is so comprehensive and informative.
Thanks for your kind message, Sir :) Regarding the OI, Second highest put OI was in fact at 24,400 yesterday but as the market turned weak, Support levels were considered at 24,000 and 23,800 which had 3rd highest OI right below 24,400. Thank you once again for yur kind words
Excellent summary! There seems to be an error in the following line. "The maximum Put Open Interest (OI) is 24,000, followed by 24,400, suggesting strong support at 24,000 and additional support at 23,800." I think 24,400 in the middle of the sentence should be replaced by 23,800. Otherwise, the summary is so comprehensive and informative.
Thanks for your kind message, Sir :) Regarding the OI, Second highest put OI was in fact at 24,400 yesterday but as the market turned weak, Support levels were considered at 24,000 and 23,800 which had 3rd highest OI right below 24,400. Thank you once again for yur kind words
Great! Thank you for getting back to me on this! Looking forward to reading the market updates everyday!