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[hfe_template id='11223'] [ad_1] The Indian market is likely to trade lower on Friday tracking muted global cues. The Nifty future closed negatively with losses of 1.20% at 24,909 levels on Thursday. India VIX rose more than 2% to close at 14.02 in the previous session. On the options front, the maximum Call OI is placed at 25,200 and then towards 25,500 strikes while the maximum Put OI is placed at 24,000 and then towards 24,500 strikes. Call writing is seen at 25,100 and then towards 25,000 strikes while Put writing is seen at 24,900 and then towards 24,000 strikes. “Options data suggests a broader trading range in between 24,400 to 25,400 zones while an immediate range between 24,600 to 25,100 levels,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. Live Events “Nifty formed a large bearish candle on the daily chart on Thursday, wiping out gains of the last three sessions,” he added.“Now till Nifty holds below 25,000 zones, prof...