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Ranges have expanded and a volatile week awaits Rupee. 74.9-74.3 is the range anticipated today with the expectation of a dead cat bounce to 74.7

Nifty weekly contract has highest open interest at 18000 for Calls and 16800 for Puts while monthly contracts have highest open interest at 18000 for Calls and 16800 for Puts. Highest new OI addition was seen at 18000 for Calls and 17000 for Puts in weekly and at 18000 for Calls and 17000 for Puts in monthly contracts. FIIs increased their future index long position holdings by 5.22%, increased future index shorts by -3.08% and in index options by 20.58% in Call longs, 5.76% in Call short, 39.17% in Put longs and 33.32% in Put shorts

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