Today nifty fut settled at 5529.15, up 1.50%, nifty closed with freen sign & it seems to bullish for next session if it manage to above level of 5575, else it looking bearish for the level of 5475.

Nifty resistance - It would be 5575 & 5625

Nifty Support - It would be 5475 & 5375

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

On the put options front we have seen some addition of open interest in last trading session at strike price of 5400, 5500.

OI Chart Analysis: From the OI Chart we can see that in March 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.