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F&O HIGHLIGHTS

LONG UNWINDING IS SEEN IN THE NIFTY FUTURES

ACCUMULATE LONGS ON SHARP DECLINE WITH SL OF 16900 LEVELS

* Nifty traded with a negative bias throughout the day and ended on a flat note, where it lost by 17.15 points to close at 17314.15 levels

* Minor Long unwinding is seen in the Nifty Futures where Open Interest fell by 0.17% with Nifty falling by 0.10%.

* On the other hand, Short build up is seen in the Bank Nifty Futures, where Open Interest rose by 6.3% with Bank Nifty falling by 0.27%.

* Nifty Open Interest Put Call ratio fell to 0.97 level from 1.07 levels. Amongst the Nifty options (13-Oct Expiry), Call writing is seen at 17300-17400 levels, Indicating Nifty is likely to find strong resistance in the vicinity of 17300 - 17400 levels. On the lower side, an immediate support is seen in the vicinity of 17000-16900 levels where we have seen Put writing .

* Short build up seen by FIIS’ in the Index Futures segment where they net sold worth Rs 47 Cr with their Open Interest going up by 3896 contracts

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