Markets slumped sharply in late trades to end at the day's low amidst weakness in select sectors. The Nifty dropped -68.30 points to end at 5221.05. Nifty Futures shut stop at 5320 down by -85.55 points or -1.61 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5220 else above resistance level of 5360 it would be in an upward trend.

Nifty Resistance - 5365, 5425

Nifty Support - 5210, 5100

On the call options front addition of open interest was witnessed in last trading session at strike price of 5300 and 5400.

On the put options front we have seen addition of open interest in last trading session at strike price of 5000 and 5100.

OI Chart Analysis: From the OI Chart we can see the strike price witnessed highest addition of open interest in the August Series. In coming sessions market may trade in a range of 5000-5400. On the call option front strike price with the highest open interest i.e 5400 and 5500 may act as resistance on the up side whereas on the put option front strike price with the highest open interest i.e 5000 and 5100 may act as a support on the downside.