Nifty has seen decrease in Open Interest of -7.89% with a very marginal increase in price of 0.07% indicating Short Covering - Axis Securities
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Bank Nifty has seen decrease in Open Interest of -9.51% with decrease in price of -1.41% indicating Long Unwinding.
* The high Open Interest concentration on Call side is seen at 38,200 strike followed by 38,500 & 39,000 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 38,000 strike followed by 37,500 & 37,000 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 396 and probable trading range indicated for the day could be 38,500 to 37,500.
Current Week Expiry Bank Nifty Open Interest Distribution
Nifty has seen decrease in Open Interest of -7.89% with a very marginal increase in price of 0.07% indicating Short Covering.
* The high Open Interest concentration on Call side is seen at 18,000 strike followed by 18,100 & 18,200 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 17,900 strike followed by 17,800 & 17,700 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 116 and probable trading range indicated for the day could be 18,100 to 17,700.
Current Week Expiry Nifty Open Interest Distribution
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