Index views

As per the chart and Open Interest (OI) data, Nifty is facing strong resistance at the 25,000 level, where the highest open interest is observed on the call side. This suggests that market participants are actively writing calls at 25,000, indicating a potential cap or ceiling for Nifty in the near term. Currently, Nifty is trading just below this level around 24,939, and the presence of heavy call writing at 25,000 implies that a breakout above this level might be difficult unless there is a significant bullish trigger. Traders should watch for price action near this resistance zone, as rejection here could lead to a short-term pullback, while a decisive breakout may invalidate the resistance. $INFY