Options Trend
On the call options front addition of open interest was witnessed in last trading session at strike price
of 5300 and 5200.

On the put options front we have seen addition of open interest in last trading session at strike price of 4800 and 5000.

OI Chart Analysis: From the OI Chart we can see the strike price that witnessed highest addition of open interest in the June Series. In coming sessions market may trade in a range of 4800-5300. On the call option front strike price with the highest open interest i.e. 5300 and 5200 may act as resistance on the up side whereas on the put option front strike price with the highest open interest i.e. 4800 and 5000 may act as a support on the downside

Nifty Futures Trend
Nifty Futures shut stop at 5129.90 up by 19.90points . It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5200 else below support level of 4950 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5200 & above this level the next resistance is seen near the 5350 mark.

 SUPPORT: It has first support close to the level of 4950 & below this level the next support is seen near 4800 mark.

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