📊 **NIFTY Rollover Update & Market Outlook – March Series** 🔹 **NIFTY Rollover Jumps to 84% from 81%** 📈 - Open interest (OI) dropped from **181 lakh to 176 lakh shares** - Despite **5th consecutive negative expiry (-3%)**, total **5-month decline now at -16%** - **Oversold conditions** suggest a potential rebound in the March series 🚀 🔹 **Options Data Signals Strong Support at 22,400-22,000 & Resistance at 23,050-23,200** - **Put writers** hold strong at **22,500 & 22,000 strikes** (99.6L & 96L OI) - **Call writers** positioned at **23,000-23,100** (90.1L & 25.8L OI) - **Nifty PCR_OI opens at 1.05** (higher than last month’s 0.90 but still below 5-month avg. of 1.10) 🔹 **Bank Nifty & Finnifty Show Strength Relative to Nifty** 💪 - **Rollovers increase**, but prices **remain flat MoM** - Suggests **outperformance potential** compared to Nifty 🔹 **Midcaps Continue to Underperform** - Out of **229 F&O stocks, only 38 saw positive rollovers** (vs. 56 last month) - **Max short rollovers seen in Midcap Index** 🔹 **Sectoral Trends for March Series** ✅ **Bullish Sectors**: Large Cap **Pvt. Banks, Financials, Chemicals, FMCG, Metals** ❌ **High Short Positions**: **IT & Realty Stocks** 📢 **Market looking oversold—possible rebound ahead! Stay updated with Riddhi Siddhi Share Brokers for expert insights.** #nifty #stockmarket #trading #optionstrading #banknifty #marketupdate #riddhisiddhisharebrokers