The Nifty50 formed higher lows for six sessions, pausing after a 900-point surge. It hit a new high of 24,236 but showed a small bearish candle on the daily chart. On the options front, the maximum Call Open Interest (OI) is at the 24,500 and 24,200 strikes, while the maximum Put OI is at the 24,000 and 24,100 strikes.
