Really useful these insights of yours Santanu

In Point 2, you've said ...for 24,600 Straddle - someone betting on failure of this bounce

Just wanted to clarify...

You mean because 24600 (lower) straddle is rising and 24800(atm) and 25000(upper) straddles both are falling?

For index to move up higher with strength, 24800(atm) and 25000(uppe) straddle both should be rising right?