16842F – Single print buying area from 30/8
16926F – Single print buying area from 31/8
17033F – vwap of trend day from 31/8
17154F – PBH from 2/9
17220F – PBL from 3/9
17436F – PBH from 8/9
Note: When market tests these levels and show the expected behaviour i.e. holding a support or not crossing a resistance that combined with a datapoint becomes a valid trigger for a trade.
17085F – PE sellers from 31/8
17011F – PE selling from 31/8
17143F – PE addition here in the closing hour.
17283F – PE addition support from 3/9
Note : These references are from the open interest data and data across the strikes from current weekly expiry is considered for these references.
Day started on a weak note and tested above VAH of 6/9 and made a move towards vwap of 3/9.
Put writers have again taken control near the previous support of 17329-347F and will be key to watch in the short term.
Staying above 17347F is key for bulls and they can target 17440F.