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[hfe_template id='11223'] [ad_1] Indian market is likely to consolidate on Thursday tracking mixed global cues. India VIX, the volatility gauge, surged 5.79% to close at 15.43 on Wednesday, indicating heightened caution. The Nifty future closed negative with losses of 1.10% at 23,696 levels. On the options front, the maximum Call OI is placed at 24,000 and then towards 24,500 strikes while the maximum Put OI is placed at 23,000 and then towards 22,500 strikes. Call writing is seen at 23,800 and then towards 24,000 strikes while Put writing is seen at 23,300 and then towards 22,800 strikes. “Options data suggests a broader trading range in between 23,200 to 24,000 zones while an immediate range between 23,400 to 24,800 levels,” Chandan Taparia, Head, Equity Derivatives & Technicals, Wealth Management, MOFSL, said “Nifty formed a bearish candle on the daily frame on Wednesday and has been making lower lows from the last five sessions,” he said.“Now till Nifty holds bel...