Bank of Baroda May futures witnessed a long open interest addition of 2 percent. Unwinding noted in call writing positions at 260 and 265 strikes for the May series indicates weakening resistance at higher levels.
On the options front, in the BEL May series, there is significant call open interest concentration at Rs 230, 235, and 240 strikes, with substantial additions of open interest observed on the put side at the Rs 230 strike
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