Nifty support near 19000-19100 for a target of 19700-19800: ICICIdirect
On the options front, Call options were written aggressively on Friday with the 19400 Call holding the highest open interest base followed by the 19500 strike. Hence a move beyond 19500 should be crucial for a continued uptrend in the index. On the downside, Nifty has already closed below its Put base of 19400 while IVs have come remained under pressure.
