Stock Market Highlights: Nifty forms neutral Doji candle on daily chart. Here’s how to trade on Wednesday

Nifty ended Tuesday’s session on a flat note and formed a neutral Doji candle on the daily chart, reflecting an uncertain outlook in the near term.

To trigger momentum, new highs need to be established soon, which could open the door for further gains. Key levels to watch include 24975 and the bullish gap around 24850 as immediate support, with resistance at 25080–25100 and next at 25400. Traders are advised to keep a tab on the above levels and trade accordingly, said Rajesh Bhosale of Angel One.

Open Interest (OI) data showed the highest OI on the call side was observed at 25,300 and 25,500 strike prices, while on the Put side, the highest OI was at 24,800 strike price.