This Nifty Open Interest Analysis is based on the addition in the last 5 days, which was approximately 1.48 Crore within a total OI of 1.65 Crore. The Average price for the same in Spot Comes to 5880 and in January Future is 5943.
So we can safely stay long above 5880 Spot (5943 Futures) and short below it.
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