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F&O HIGHLIGHTS

LONG UNWINDING IS SEEN IN THE NIFTY FUTURES

HOLD LONGS WITH TRALINING SL OF 18100 LEVELS

* Nifty witnessed some profit booking on Monday on the back of weak global cues, where it fell by 147.70 points to close at 18159.95 levels

* Long unwinding is seen in the Nifty Futures where Open Interest fell by 0.81% with Nifty falling by 1.01%.

* On the other hand, short build up is seen in the Bank Nifty Futures, where Open Interest rose by 1.8% with Bank Nifty falling by 0.21%.

* Nifty Open Interest Put Call ratio fell to 0.79 levels from 0.89. Amongst the Nifty options (24-Nov 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 761 Cr with their Open Interest going down by 8672 contracts.

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