Bank Nifty has seen increase in Open Interest of 17.06% with a price gain of 3.94% indicating Long Build Up - Axis Securities
Bank Nifty has seen increase in Open Interest of 17.06% with a price gain of 3.94% indicating Long Build Up.
* The high Open Interest concentration on Call side is seen at 34,000 strike followed by 34,500 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 33,500 strike followed by 33,000 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 415 and probable trading range indicated for the day could be 33,000 to 34,500.
Current Week Expiry Bank Nifty Open Interest Distribution
Nifty has seen decrease in Open Interest of -10.62% with increase in price of 2.38% indicating Short Covering.
* The high Open Interest concentration on Call side is seen at 15,200 strike followed by 15,300 which may act as immediate resistance
* The high Open Interest concentration on Put side is seen at 14,900 strike followed by 14,700 which may act as immediate support
* Total Premium of A-T-M option is at Rs. 132 and probable trading range indicated for the day could be 15,200 to 14,850.
Current Week Expiry Nifty Open Interest Distribution
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