IGI Logo

Published on 16-09-2025 11:05 am

Market Commentary

Overnight global action was positive : On 15 th Sept , U.S. markets were positive with S&P 500 up by +31.02 pts (+0.47%), Dow Jones was up by +49.97 pts (+0.11%) and Nasdaq was up by +201.59 pts (+0.84%). India VIX was down by ~2.72%. GIFT Nifty is trading flat at ~25,167 (-13.50 pts, +0.05%) indicating Indian markets will open positive.

On 15 th Sept, advance decline ratio on NSE was 1711 : 1356 and BSE was 2209 : 2008, which showed strength in the overall markets.

Index Options Data Analysis:

Sensex max call OI and max put OI both are at 82,000 with PCR of 0.91

Nifty max call OI is at 25,100 and max put OI is at 25,000 with PCR of 1.03

Bank Nifty max call OI is at 55,000 and max put OI is at 54,000 with PCR of 1.00

Click Here:- https://tinyurl.com/2dcztbam

SMS subject to Disclosures and Disclaimer goo.gl/8bCMyQSEBI Registration No.: INH000001634

Published on 16-09-2025 11:03 am

How to Read the Data:

1) The Highest Open Interest (OI) in CE (Calls) denotes that the stock has a strong Resistance at that level.

* E.g. – If ASIANPAINT has Highest OI at 2600 CE strike; it means 2600 level is a Stiff Resistance for the stock.

2) The Highest Open Interest (OI) in PE (Puts) denotes that the stock has a strong Support at that level.

* E.g. – If ASIANPAINT has Highest OI at 2400 PE strike; it means 2400 is a Strong Support for the stock.

3) The Highest Addition & Liquidation in CE OI denotes whether the stock can witness buying or see selling.

* E.g. – If ASIANPAINT saw Highest OI Addition at 2700 CE strike and Liquidation at 2600 CE strike; it means that the stock can witness a breakout of 2600 as writers are moving higher and stock can move towards 2700. Alternatively if the Highest OI Addition if at 2400 CE strike and Liquidation at 2600 CE strike; it means that the stock can witness selling and move towards 2400 levels as writers are writing lower strike CE’s.

4) The Highest Addition in PE OI denotes whether the stock can witness buying or see selling.

* E.g. – If ASIANPAINT saw Highest OI Addition at 2300 PE strike and Liquidation in 2400 PE Strikes; it means that the stock can witness a breakdown of 2400 and move towards 2300 as writers are writing lower strikes in fear of further selling in stock. Alternatively if the Highest OI Addition if at 2600 PE strike and Liquidation in 2400 PE Strike; it means that the stock can witness buying and move towards 2600 levels as writers feel confident of a rise in stock and hence are writing higher strike Puts.

5) This Data when used in entirety can help ascertain the Signals of reliable stock moves

Click Here:- https://tinyurl.com/2772umvm

Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspxSEBI Registration number is INH000001766

Published on 16-09-2025 11:02 am

Government Security Market:

* The Inter-bank call money rate traded in the range of 4.75%- 5.55% on Monday ended at 5.00% .

* The 10 year benchmark (6.33% GS 2035) closed at 6.4963% on Monday Vs 6.4867% on Friday .

Global Debt Market:

US Treasury yields were steady Monday as traders anticipate the Federal Reserve moving forward with a rate cut later this week. The yield on the benchmark 10- year Treasury was down marginally at 4.059. On Friday, it had rebounded by 5 basis points, after touching the 4% level earlier in the week when data prints showed prices were rising while the labour market was weaker than anticipated. The yields on the 2-year and 30-year Treasury’s were also little changed on Monday, trading at 3.551% and 4.679%, respectively. Members of the interest-rate setting panel of the Federal Reserve are expected to meet for two days this week before revealing their decision on Sept. 17. The U.S. central bank is widely expected to cut interest rates, with the market pricing in a 25 basis point reduction. The CME Group’s FedWatch data also points towards a similar cut in October and December. Ahead of the Fed meeting, on Sept. 16, investors will also be examining data on import and export prices, as well as retail sales figures. Last week, data showed that the U.S. consumer price index rose to 2.9% on an annual basis in August, with the CPI notching its biggest monthly jump since January. Annual core inflation — more closely watched by Fed officials — rose to 3.1%. The Federal Reserve’s headline inflation target is 2%. Meanwhile, the Labour Department reported a higher-than-expected rise in weekly jobless claims, with unemployment compensation filings hitting their highest level since October 2021.

10 Year Benchmark Technical View :

The 10 year Benchmark (6.33% GS 2035) yield likely to move in the range of 6.4825% to 6.4950% level on Tuesday.

Click Here:- https://tinyurl.com/4dct9uxd

Please refer disclaimer at https://web.geplcapital.com/term-disclaimerSEBI Registration number is INH000000081

Published on 16-09-2025 11:01 am

BANKNIFTY SPOT: 54887.85 (0.14%)

TRADING ZONE:

Resistance: 55300 (Pivot Level) / 55600 (Key Resistance)

Support: 54500 (Pivot Level) / 54000 (Key Support)

VIEW: Bearish Till below 55300 (Pivot Level)

Click Here:- https://tinyurl.com/4dct9uxd

Please refer disclaimer at https://web.geplcapital.com/term-disclaimerSEBI Registration number is INH000000081

Published on 16-09-2025 11:01 am

Key Highlights:

NIFTY SPOT: 25069.2 (-0.18%)

TRADING ZONE:

Resistance : 25150 (Swing Top) and 25300 (Key Resistance).

Support: 25000 (Pivot Level) and 24900 (Key Support).

BROADER MARKET: OUTPERFORMED MIDCAP 150: 58486.1 (0.44%),

SMALLCAP 250: 18127 (0.76%)

VIEW:BULLISH TILL ABOVE 24900 (Key Support)

Click Here:- https://tinyurl.com/4dct9uxd

Please refer disclaimer at https://web.geplcapital.com/term-disclaimerSEBI Registration number is INH000000081