Based on the OI percentage, total 96 stocks were on the short-covering list. These included Atul, Sun Pharmaceutical Industries, Mphasis, Hindustan Copper, and Hindalco Industries.

A short build-up was seen in 70 stocks, including Coforge, Dr Lal PathLabs, Apollo Tyres, Adani Ports & Special Economic Zone and Adani Enterprises

A long build-up was seen in 89 stocks, which were SAIL, SRF, Siemens India, Muthoot Finance and National Aluminium Company

Based on the OI percentage, 77 stocks saw long unwinding, which included Hindustan Copper, Oberoi Realty, HCL Technologies, Ramco Cement, and Apollo Tyres.

A short build-up was seen in 68 stocks, including IndiaMART InterMESH, Vodafone Idea, DLF, Federal Bank, and Hindustan Petroleum Corporation

The Nifty max pain point has dropped to 23,100 from the 23,150 strike price.

The Nifty max pain point has moved to 23,350 from 23,200 strike price.

A long build-up was seen in 47 stocks, indicated by an increase in open interest (OI) and price.

Given the strong momentum, the Nifty 50 is likely to hit 24,500 in the July series if it holds the 24,000-23,800 zone, experts said.

Experts expect the NIfty 50 to hit 24,200, followed by 24,500 in the coming sessions, provided it holds 24,000 as immediate support and 23,800 as crucial support.

If the Nifty 50 manages to hold 24,200, then 24,500 can't be ruled out in the coming sessions. Until then, consolidation may continue with support at the 24,000 mark.

Experts expect the Nifty 50 to consolidate with immediate support at 24,200, followed by crucial support at 24,000, while 24,400-24,500 could be a hurdle on the higher side.

Experts expect the Nifty 50 to consolidate with immediate support at 24,200, followed by crucial support at 24,000, while 24,400-24,500 could be a hurdle on the higher side.

As long as this level holds, the index is likely to hit 24,500 after ongoing consolidation, while 24,200 is the immediate key support area for the index, experts said.

Given the strong momentum, the Nifty 50 is likely to climb above 24,500 in the coming sessions, followed by 24,800, while the immediate key support is placed at 24,300, experts said.

If the Nifty 50 manages to sustain above 24,400, then a further march towards 24,800 seems likely in the coming sessions, with crucial support at 24,300, experts said.

Going forward, 24,600 is crucial; closing above this level could propel the Nifty 50 towards the 24,900-25,000 zone, with immediate support seen at 24,400, according to experts.

As long as the Nifty 50 sustains above the 24,500-24,550 area, a march towards the 24,700-24,800 zone is likely amid consolidation in the coming sessions, while the 24,400-24,300 range is expected to act as a support area, experts said.

If the Nifty 50 decisively closes below these support levels, further sharp selling pressure cannot be ruled out, while immediate resistance is placed at 25,000, followed by 25,200, according to experts.