Nifty has seen increase in Open Interest of 2.79% with an increase in price of 0.99% indicating Long Build Up - Axis Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Bank Nifty has seen marginal decrease in Open Interest of - 0.10% with marginal increase in price of 0.53% indicating Short Covering
* The high Open Interest concentration on Call side is seen at 37,000 strike followed by 37,500 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 36,500 strike followed by 36,000 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 283 and probable trading range indicated for the day could be 36,400 to 37,300.
Current Week Expiry Bank Nifty Open Interest Distribution
Nifty has seen increase in Open Interest of 2.79% with an increase in price of 0.99% indicating Long Build Up.
* he high Open Interest concentration on Call side is seen at 17,600 strike followed by 17,700 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 17,400 strike followed by 17,300 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 85 and probable trading range indicated for the day could be 17,350 to 17,650; with 17500 being a pivotal level as both 17500 call & put have high OI concentration.
Current Week Expiry Nifty Open Interest Distribution
To Read Complete Report & Disclaimer Click Here
For More Axis Securities Disclaimer https://simplehai.axisdirect.in/disclaimer-home
SEBI Registration number is INZ000161633
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
