Nifty has seen a marginal increase in Open Interest of 0.05% with an increase in price of 0.99% - Axis Securities
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Bank Nifty has seen increase in Open Interest of 2.24% with decrease in price of -0.95% indicating Short Build Up.
* The high Open Interest concentration on Call side is seen at 39,000 strike followed by 40,000 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 39,000 strike followed by 38,500 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 400 and probable trading range indicated for the day could be 39,000 to 40,000, With 39,000 acting as a pivotal level.
Current Week Expiry Bank Nifty Open Interest Distribution
Nifty has seen a marginal increase in Open Interest of 0.05% with an increase in price of 0.99% indicating Long Build Up.
* The high Open Interest concentration on Call side is seen at 18,200 strike followed by 18,100 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 17,900 strike followed by 17,800 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 129 and probable trading range indicated for the day could be 17,800 to 18,200.
Current Week Expiry Nifty Open Interest Distribution
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