Our recent accuracy levels in predicting Nifty’s turning points remain intact. Current OI build-up and FII-DII flows signal a cautious-to-bearish bias in the immediate term. OI Data Highlights: Heavy Call OI buildup at 24,500 & 24,600 → strong supply zones / resistance. Put OI concentration at 24,300 & 24,200, with major strong support at 24,000. PCR at 0.66 → Call-heavy positioning indicates bearish sentiment. FII-DII Activity: FII Index Options: Net bearish — significant Call short buildup and Put long additions. DII Flows: Mildly positive, but not enough to counter FII pressure. Key Levels to Watch: Immediate Resistance: 24,500 → 24,600 Immediate Support: 24,300 → 24,200 Strong Support: 24,000 (critical level for bulls to defend) Break below 24,000 may open downside towards 23,850–23,800. Break above 24,600 could trigger short covering towards 24,750. 💡 Outlook: Without aggressive Put writing or FII short covering, Nifty may remain range-bound with a downward bias Bullish stocks:

TITAN

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