Technical View: Nifty logs biggest weekly loss in a year; Iran war-driven oil spike puts 24,300 at risk next week, Bank Nifty slips below Budget-day low
The weekly options data also suggested that 24,000, where the maximum Put open interest is placed, is expected to be a key support in the short term, while 25,000, which has the maximum Call open interest, is likely to be a crucial hurdle on the higher side. This means the index may possibly trade in the 24,000–25,000 range next week.
