Can Nifty snap its 7-day losing streak today? Here's what F&O data suggests

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Can Nifty snap its 7-day losing streak today? Here's what F&O data suggests - Business Standard

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F&O cues for Nov 19: Rising Call-writing across 23,500-24,000 range underscores seller dominance, while diminishing Put-writing reflects cautious sentiment, said Dhupesh Dhameja of SAMCO Securities.

Here's what F&O data suggestsF&O cues for Nov 19: Rising Call-writing across 23,500-24,000 range underscores seller dominance, while diminishing Put-writing reflects cautious sentiment, said Dhupesh Dhameja of SAMCO Securities.

Immediate weekly resistance for Nifty is seen at 23,900, below which the bias remains negative for the near term, Sahaj said. The concentration of active positions in the 23,500 – 23,900 Call zone and the 23,100–23,400 Put range reinforces the resistance at 24,000 and support near 23,000.