Bank Nifty has seen increase in Open Interest of 1.99% with decrease in price of -0.75% indicating Short Build Up - Axis Securities
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Bank Nifty has seen increase in Open Interest of 1.99% with decrease in price of -0.75% indicating Short Build Up.
* The high Open Interest concentration on Call side is seen at 37,500 strike followed by 37,000 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 37,000 strike followed by 36,500 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 455 and probable trading range indicated for the day could be 36,000 to 37,300 and 37,000 acting as a pivotal level.
* Current Week Expiry Bank Nifty Open Interest Distribution
Nifty has seen increase in Open Interest of 5.61% with a decrease in price of -1.71% indicating Short Build Up.
* The high Open Interest concentration on Call side is seen at 17,300 strike followed by 17,500 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 17,200 strike followed by 17,000 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 155 and probable trading range indicated for the day could be 17,000 to 17,450.
* Current Week Expiry Nifty Open Interest Distribution
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