06-02-2023 10:12 AM | Source: Axis Securities Ltd
India VIX index is at 11.60 v/s 11.97 ATM CE IV 10.41 & PE IV 12.13 - Axis Securities
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HIGHLIGHTS:

Nifty futures yesterday closed at 18570 on a negative note with 5.11% Decrease in the open interest indicating Long Unwinding. Nifty Futures yesterday closed at a premium of 82 points compared to it’s previous day premium of 95 points.

BankNifty yesterday closed at 43948 on negative note with 3.39% Increase in open interest indicating Short Build Up.

BankNifty Futures yesterday closed at a premium of 158 points compared to its previous day premium of 113 points.

 

In Yesterday Trading Session FII's

Sold Index Futures to the tune of 2183 CR, Bought Index Option worth 1210 CR Sold Stock Futures to the tune of 446 CR Net Sellers in the derivative segment to the tune of 1888 crores. While in Cash Segment FII Sold 71 CR & DII Bought 489 CR

India VIX index is at 11.60 v/s 11.97 ATM CE IV 10.41 & PE IV 12.13

 

Bank Nifty

Yesterday Index options PCR is at 0.87 as compared to 0.99 Nifty Put options OI distribution shows that 18300 has highest OI concentration followed by 18400 & 18500 which may act as support for current expiry.

Nifty Call strike 18800 followed by 18700 witnessed significant OI concentration and may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 44000 has highest OI concentration followed 43700 which may act as support for current expiry.

BankNifty Call strike 44000 followed by 44500 witnessed significant OI concentration and may act as resistance for current expiry.

Nifty Options OI Distribution-Weekly

 

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