Nifty Open Interest Put Call ratio rose to 1.42 level from 1.41 levels - HDFC Securities
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/07/f77c50d7ce7972e3570eab570cfc0a02.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
F&O HIGHLIGHTS
SHORT COVERING IS SEEN IN THE NIFTY FUTURES
ACCUMULATE LONGS ON DECLINE WITH SL OF 16500 LEVELS
* Nifty continued its upward journey for the sixth day in the row, where it gained by 114 points to close at 16719 levels
* Short covering is seen in the Nifty Futures where Open Interest fell by 4% with Nifty rising by 0.69%.
* On the other hand, Long build up is seen in the Bank Nifty Futures, where Open Interest rose by 8% with Bank Nifty rising by 1.49%.
* Nifty Open Interest Put Call ratio rose to 1.42 level from 1.41 levels. Amongst the Nifty options (28-July Expiry), Call writing is seen at 16800-17000 levels, Indicating Nifty is likely to find strong resistance in the vicinity of 16800 - 17000 levels. On the lower side, an immediate support is seen in the vicinity of 16500-16600 levels where we have seen Put writing .
* Short covering is seen by FIIS’ in the Index Futures segment where they net bought worth Rs 1182 Cr with their Open Interest going down by 4063 contracts.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.hdfcsec.com/article/disclaimer-1795
SEBI Registration number is INZ000171337
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v89_Wex0B3E.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/religare broking.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/HDFC Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Zomato07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Piyush Goyal07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v38_zDiylqc.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Prashant Thakur ANAROCK Group.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul03v152_BhgJWbe.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
Top News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/08/fcf2a93e31e5b8d3965c9b6502c9e7ec.jpg)
Prime Minister Economic Advisory Council to release India`s competitive roadmap on August 30
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/95f11bf3e1fc515ff0aed747520314dc.jpg)
Nifty registers best week in 2 months after rising for 6 consecutive sessions
![Midcap index rose more than the Nifty while Smallcap index rose less even as the advance decline ratio was up at 1.49:1 - HDFC Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/75edce1399be6eb60b35089fc7edd6e2.jpg)
![USDINR Sept fut. facing resistance at 82.90, the horizontal line showing multiple tops - HDFC Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/8d7e61aba9d23e598971d1fc095f2985.jpg)
More News
![](https://portfolio.investmentguruindia.com/uploads/news/icici direct.jpg)
The index started the week on a flat note and underwent rangebound activity above 50 days EM...
![Benchmark index is likely to open gap up on the back of supportive global cues - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/07/08a573d85833437f53521b1a4e852836.jpg)
![The broader markets could face some serious profit taking towards this weekend - HDFC Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/12/024fe7f45359e953c53fe65bd8739694.jpg)
![Daily Market Analysis : Markets extended gains and settled around the day`s high, in continuation to the prevailing trend Say`s Ajit Mishra, Religare Broking Ltd](https://portfolio.investmentguruindia.com//uploads/news/Broker _15.jpg)