The Nifty Futures settled at 5555.70 with green sign, up with 1.76%. It seems to bullish in next session if it manage to resistance level of 5575 else bearish for the level of 5445.

Nifty Resistance - It would be 5575 & 5625

Nifty Support - It Would be 5445 & 5400

On the call options front some shredding of open interest was witnessed in last trading session at strike price of 5600 and 5700.

On the put options front we have seen addition of open interest at strike price of 5400, 5500 and 5300.

In Mar. Series addition of open interest on the calls front is existent in the band at strike price of 5500-5700 indicating it as resistance on the upside whereas on the put options front we can see that addition of open interest is existent at strike price of 5400-5300 indicating it as immediate support zone on the downside.