Powered by: Motilal Oswal
25/11/2021 10:55:42 AM | Source: Axis Securities Ltd
Nifty has seen decrease in Open Interest of -51.67% with a decrease in price of -2.16% indicating Long Unwinding - Axis Securities
News By Tags | #5481 #879
Nifty has seen decrease in Open Interest of -51.67% with a decrease in price of -2.16% indicating Long Unwinding - Axis Securities

Bank Nifty has seen decrease in Open Interest of -39.90% with decrease in price of -1.68% indicating Long Unwinding.

* The high Open Interest concentration on Call side is seen at 37,500 strike followed by 38,000 which may act as immediate resistance.

* The high Open Interest concentration on Put side is seen at 37,000 strike followed by 36,500 which may act as immediate support.

* Total Premium of A-T-M option is at Rs. 371 and probable trading range indicated for the day could be 38,000 to 37,000.

* Current Week Expiry Bank Nifty Open Interest Distribution

 

Nifty has seen decrease in Open Interest of -51.67% with a decrease in price of -2.16% indicating Long Unwinding.

* The high Open Interest concentration on Call side is seen at 17,500 strike followed by 17,600 which may act as immediate resistance.

* The high Open Interest concentration on Put side is seen at 17,400 strike followed by 17,300 which may act as immediate support.

* Total Premium of A-T-M option is at Rs. 118 and probable trading range indicated for the day could be 17,200 to 17,500.

* Current Week Expiry Nifty Open Interest Distribution

 

To Read Complete Report & Disclaimer Click Here

 

For More Axis Securities Disclaimer  https://simplehai.axisdirect.in/disclaimer-home

SEBI Registration number is INZ000161633

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here