Can Nifty 50 Overcome Rs 1-Lakh-Crore Worth Call Writers' Bet?

Nifty's May futures and options contracts are set to expire on May 29. Given the volatility in May — driven by FPI flows and geopolitical tensions—open interest levels remain elevated.

With resistance consistently emerging at 25,000, all eyes are now on how Call Writers manage their positions during the rollover in the next two days. (Photo source: Meta AI)

The benchmark Nifty 50 has attempted to breach the 25,000-mark seven times but has failed each time. This level has now emerged as a strong psychological resistance, with Call writers applying pressure and forcing the bulls to work harder with every attempt.

Also Read: Stock Market Highlights: Nifty Ends 0.7% Lower, Sensex Plunges 600 Points As Bank Stocks Drag

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WRITTEN BY
Sajeet Manghat
Sajeet Kesav Manghat is Executive Editor at NDTV Profit. He is a graduate i... more
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