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Bank Nifty has seen decrease in Open Interest of -6.38% with increase in price of 2.91% indicating Short Covering.

* The high Open Interest concentration on Call side is seen at 36,000 strike followed by 36,500 which may act as immediate resistance.

* The high Open Interest concentration on Put side is seen at 35,500 strike followed by 35,000 which may act as immediate support.

* Total Premium of A-T-M option is at Rs. 277 and probable trading range indicated for the day could be 35,300 to 36,200.

Current Week Expiry Bank Nifty Open Interest Distribution

Nifty has seen decrease in Open Interest of -2.59% with a increase in price of 1.12% indicating Short Covering.

* The high Open Interest concentration on Call side is seen at 15,900 strike followed by 16,000 which may act as immediate resistance.

* The high Open Interest concentration on Put side is seen at 15,800 strike followed by 15,700 which may act as immediate support.

* Total Premium of A-T-M option is at Rs. 77 and probable trading range indicated for the day could be 15,700 to 16,000.

Current Week Expiry Nifty Open Interest Distribution

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