Nifty has seen decrease in Open Interest of -62.73% with a marginal increase in price of 0.36% indicating Short Covering - Axis Securities
Bank Nifty has seen decrease in Open Interest of -60.31% with marginal increase in price of 0.05% indicating Short Covering
* The high Open Interest concentration on Call side is seen at 36,000 strike followed by 36,200 & 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. 299 and probable trading range indicated for the day could be 35,000 to 36,000.
Current Week Expiry Bank Nifty Open Interest Distribution
Nifty has seen decrease in Open Interest of -62.73% with a marginal increase in price of 0.36% indicating Short Covering.
* The high Open Interest concentration on Call side is seen at 16,700 strike followed by 16,800 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 16,500 strike followed by 16,600 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 90 and probable trading range indicated for the day could be 16,500 to 16,800.
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
