Interest in derivatives trading remains high, with over 20,700 contracts at the ₹700 strike price put option. Thus, showing active hedging and trading strategies among market participants.
Key technical levels to watch include:
Resistance: ₹724.75, ₹732.05, ₹739.10
Support: ₹710.40, ₹703.35, ₹696.05
Analysts are mixed, with the majority suggesting a ‘HOLD’ rating while the rest suggest ‘Buy’ rating.
