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F&O HIGHLIGHTS

MINOR LONG BUILD UP IS SEEN IN THE NIFTY FUTURES

CREATE SHORTS WITH SL OF 17600 LEVELS

* Nifty witnessed profit booking on Wednesday, where it ended flat to close at 17512.25 levels

* Minor Long build up is seen in the Nifty Futures where Open Interest rose by 0.41% with Nifty rising by 0.14%.

* Minor Long build up is seen in the Bank Nifty Futures too, where Open Interest rose by 0.3% with Bank Nifty rising by 0.14%.

* Nifty Open Interest Put Call ratio fell to 1.13 level from 1.19 levels. Amongst the Nifty options (20-OCT Expiry), Call writing is seen at 17600-17700 levels, Indicating Nifty is likely to find strong resistance in the vicinity of 17600 - 17700 levels. On the lower side, an immediate support is seen in the vicinity of 17300-17400 levels where we have seen Put writing .

* Short build up is seen by FIIS’ in the Index Futures segment where they net sold worth Rs 141 Cr with their Open Interest going up by 5513 contracts

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