Foreign institutional investors (FIIs) are increasing bullish positions as the Nifty index hovers above 24,200, with immediate resistance at 24,350 and support at 24,200. A 1.62% rise in open interest for Nifty November futures indicates sustained bullish activity, with analysts noting that a breakout above 24,350 could lead to a target of 24,550. Immediate support levels are identified at 24,130–24,100, with further support at 23,980.
