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Published on 10/06/2021 11:38:06 AM | Source: Axis Securities Ltd

Bank Nifty has seen increase in Open Interest of 3.15% with decrease in price of -2.38% indicating Short Build Up - Axis Securities Ltd

Posted in Market Outlook| #Market Outlook #Axis Securities Ltd

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Bank Nifty has seen increase in Open Interest of 3.15% with decrease in price of -2.38% indicating Short Build Up.

* The high Open Interest concentration on Call side is seen at 35,000 strike followed by 35,500 which may act as immediate resistance.

* The high Open Interest concentration on Put side is seen at 34,500 strike followed by 34,000 which may act as immediate support.

* Total Premium of A-T-M option is at Rs. 331 and probable trading range indicated for the day could be 35,500 to 34,000.

Current Week Expiry Bank Nifty Open Interest Distribution

 

Nifty has seen increase in Open Interest of 2.14% with decrease in price of -0.33% indicating Short Build Up.

* The high Open Interest concentration on Call side is seen at 15,800 strike followed by 16,000 which may act as immediate resistanc

* The high Open Interest concentration on Put side is seen at 15,500 strike followed by 15,400 which may act as immediate support.

* Total Premium of A-T-M option is at Rs. 104 and probable trading range indicated for the day could be 15,400 to 15,800.

Current Week Expiry Nifty Open Interest Distribution

 


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