NIFTY OI DATA

NIFTY OI DATA
5100 calls add OI and now have OI above 63 Lacs which suggest massive resistance in the 5100 area
5200 calls add OI and now have OI above 72 lacs so better forget above 5200 in nifty for the December series.
5000 puts shed OI but still have significant OI which suggest support at 5000 and maybe a bounce till 5080-5100 area aggressive traders can short in this bounce with SL of a close above 5100 OR if nifty trades above 5120 for 5 mins.

See dollar index its trading at 76.82 and also see the previous post about dollar index :)