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Nifty View
Markets consolidated in narrow range, but witnessed some short covering on Wednesday as Brent crude prices settled around $64 as currency traded positively. Reality, metal, PSU bank sector witnessed buying which led Nifty to close at 10,840.65 adding 23.05 points. Banknifty closed at 27,172.70 gaining 40.95 points.
As per option data for the next week, handful of put writing was seen on lower strikes ranging from 10,650 to 10,800 which will act as support for the weekly expiry. We can witness resistance on higher end at 11,000 and 11,100 as highest OI stand on these strikes. We should
