Trade Setup: Nifty50 sees a technical pullback; OI signals strong support at 18200 levels

The weekly options data shows bullish indications. The 18200 Put was one of the most active strikes as it saw massive writing and addition of Open Interest. This means that market participants do not expect Nifty50 to slip below this level by expiry.

from Markets-Economic Times https://ift.tt/3be0KMY