While updating NiftyFuture were trading @ 15810
NF opened at 15852 and marked a high of 15889.90 then falling up to 15805
As per open interest side, 15900CE and 15850CE seems highest OI
PE side, 15800PE followed by 15700PE seems highest OI
Overall highest OI seems CE added more than 6.5 crore and PE side 5 crore
Which is indicating sell on rise and expecting further weakness
Now, NiftyFuture considering support at 15785 (last three day’s support)
Thereafter will try to check 15750-15720
Resistance 15830, 15850 and 15880. Stay caution at higher levels!!
More live market update will be sent to my clients only
Updated: 12.06 pm / 08th July 2021