Indian market is expected to consolidate on Thursday, as S&P BSE Sensex plunged over 300 points while Nifty50 managed to hold the 18500 levels. The India VIX was down by 0.31%, and volatility remained in the same range. The weekly maximum Call OI is at 18600, followed by 18700 strikes, and the maximum Put OI at 18500. PNB Housing, Coforge and PI Industries are some of the recommended short-term trading horizon stocks. Experts suggest a broader trading range between 18300 to 18800 zones and an immediate range of 18450 to 18700 zones.