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F&O HIGHLIGHTS

LONG UNWINDING IS SEEN IN THE NIFTY FUTURES

CREAT SHORT POSITION ON RISE WITH SL OF 18200 LEVELS???????

* Nifty showed weakness through the session yesterday and ended the day with a loss of 57.50 points to close at 18107.85 levels.

* Long unwinding is seen in the Nifty Futures where Open Interest fell by 4.4% with Nifty falling by 0.47%.

* Short build up is seen in the Bank Nifty Futures, where Open Interest rose by 5% with Bank Nifty falling by 0.41%.

* Nifty Open Interest Put Call ratio fell to 1.16 levels from 1.35 levels. Amongst the Nifty options (25-Jan Expiry), Call writing is seen at 18200-18300 levels, Indicating Nifty is likely to find strong resistance in the vicinity of 18200 - 18300 levels. On the lower side, an immediate support is seen in the vicinity of 18100-18000 levels where we have seen Put writing .

* Long unwinding is seen by FIIS’ in the Index Futures segment where they net sold worth Rs 383 Cr with their Open Interest going down by 90 contracts

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