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
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