Banknifty OI analysis for the Budget 2023.
Banknifty highest OI nearby around 41K call with 25 lakhs and 40500 Call with 23 lakhs. Below that 40500 Put with 17 lakhs and 40k Put with 16 lakhs. Writers are not confident enough to go against the Biggest event. So far the range 41000-40000. Any break above or below will do good move.
