The Nifty futures closed up 0.43% at 25,506 on Thursday. Maximum Call OI is at 26,000 and 25,500, while maximum Put OI is at 25,000 and 24,500. Options data indicates a trading range of 25,000 to 25,900, with immediate support at 25,350. Analyst Chandan Taparia notes the index must hold above 25,350 for upward momentum.
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