05-06-2021 10:16 AM | Source: Axis Securities Ltd
Nifty has seen increase in Open Interest of 14.93% with a decrease in price of -1.70% indicating Short Build Up - Axis Securities
News By Tags | #5481 #879

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Current Week Expiry Bank Nifty Open Interest Distribution

* Bank Nifty has seen increase in Open Interest of 12.23% with a decrease in price of -2.47% indicating Short Build Up.

* The high Open Interest concentration on Call side is seen at 33,000 strike followed by 33,500 & 34,000 which may act as immediate resistance

* The high Open Interest concentration on Put side is seen at 32,500 strike followed by 32,000 which may act as immediate support.

* Total Premium of A-T-M option is at Rs. 527 and probable trading range indicated for the day could be 33,500 to 32,000.

 

Current Week Expiry Nifty Open Interest Distribution

* Nifty has seen increase in Open Interest of 14.93% with a decrease in price of -1.70% indicating Short Build Up.

* The high Open Interest concentration on Call side is seen at 15,000 strike followed by 14,900 & 14,800 which may act as immediate resistance

* The high Open Interest concentration on Put side is seen at 14,500 strike followed by 14,400 & 14,300 which may act as immediate support

* Total Premium of A-T-M option is at Rs. 146 and probable trading range indicated for the day could be 14,850 to 14,400.

 

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