Nifty has seen decrease in Open Interest of -4.97% with a marginal increase in price of 0.25% indicating Short Covering - Axis Securities
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Bank Nifty has seen decrease in Open Interest of -8.44% with decrease in price of -0.36% indicating Long Unwinding.
* The high Open Interest concentration on Call side is seen at 35,000 strike followed by 35,500 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 35,000 strike followed by 34,500 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 347 and probable trading range indicated for the day could be 35,500 to 34,500.
Current Week Expiry Bank Nifty Open Interest Distribution
Nifty has seen decrease in Open Interest of -4.97% with a marginal increase in price of 0.25% indicating Short Covering.
* The high Open Interest concentration on Call side is seen at 15,800 strike followed by 15,900 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 15,600 strike followed by 15,700 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 110 and probable trading range indicated for the day could be 15,600 to 15,900.
Current Week Expiry Nifty Open Interest Distribution
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