Max Pain & PCR InsightsMax Pain – 25900
→ Market may drift toward this level; upside capped.
PCR (Put-Call Ratio) 0.73
→ all writers dominating → bearish bias.
India VIX- 12.24
→ Low volatility → slow, controlled moves; no panic.
👉 Overall: Market likely to stay range-bound with mild downside bias, leaning toward 25,900, unless strong unwinding shifts sentiment.
Battle Zones – Where Support & Resistance Lie
Support Zones:
25,500 – Strongest Support
Highest PUT OI cluster in the lower zone → Strong support, buyers active, puts writing visible.25,600 – Secondary Support
Good PUT OI presence → Buyers defending this level.25,800 and 25700 – First Support
Moderate PUT OI → Support but weaker than 25,500.
Resistance Zones:
26,200 – Strongest Resistance
Highest CALL OI on the chart → Big hurdle, aggressive call writers.26,000 – Major Resistance
Heavy CALL OI → Supply zone, upside capped unless short covering starts.26,150 – Intermediate Resistance
Good CALL OI, acts as a near-term ceiling.
OI Change Analysis – Fresh Clues for Traders
Put Side:(Support build-up)
25,400 → Highest Put OI addition → Strong base support.
25,500 → Reinforced support zone → Buyers active on dips.
25,700 → Secondary support → Demand present but lighter.
📌 Put View: Strong downside protection at 25,400–25,500.
Call Side:(Resistance build-up)
26,000 → Biggest Call OI jump → Strongest resistance, heavy selling.
26,200 & 26,300 → Additional CE writing → Upside firmly capped.
25,950–26,100 → Near-spot call writing → Intraday rallies likely to face rejection.
📌 Call View: Clear bearish pressure above 25,950 with a resistance band till 26,300.
FII/DII Activity – Net Buy/Sell (Rs. Crores)- FII Cash Market: +785.32
- DII Cash Market: +3912.47
