Nifty Monthly Expiry Analysis

https://preview.redd.it/mhox9msui49e1.png?width=613&format=png&auto=webp&s=0ae66cf56819f2559e347318c49fab1ae9538fef 1. Hovering above the 200 EMA & Inside Bar within the range of **23,537-24,065** 2. On the 15-Min chart, a BO above the PDH of 23,870 could spark a move toward the inside bar's upper level, while a drop below 23,645 might trigger downside risk. 3. The OI data for Nifty's Monthly Expiry is seeing minimal activity. The **23700** PE added **11.18L** in OI, while the **23800** CE added **6.48L** in OI. This suggests that Nifty50 might witness a sideways movement within the range. 23,650 is a potential support for the Index, and the resistance is placed at 23,870-23,900. https://preview.redd.it/l3gnul9wi49e1.png?width=1280&format=png&auto=webp&s=3c3d86dcefb4f9bb79bf157866f72985ef9f9e9c