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
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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.

 

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