Verdict: 1) Multiple attempts to break support level @ 74097 2) Thursday (12th July) candle failed to breakout resistance with high volume, means SELLERS might be active & profit booking is likely scenario (since current trend is sideways) 3) OI is decreasing with high number of contracts traded (From historical data, traders might have added SHORT position on thursday, on verge of failed BREAKOUT & today looks like SHORT COVERING) 4) 73000 to 73500 is good buying spot for 4-5% gain in 10 days