Nifty has seen increase in Open Interest of 1.98% with increase in price of 1.49% indicating Long Build Up - Axis Securities
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
Bank Nifty has seen decrease in Open Interest of -1.00% with a price gain of 0.61% indicating Short Covering.
* The high Open Interest concentration on Call side is seen at 35,500 strike followed by 36,000 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 35,000 strike followed by 34,500 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 419 and probable trading range indicated for the day could be 34,500 to 36,000.
Current Week Expiry Bank Nifty Open Interest Distribution
Nifty has seen increase in Open Interest of 1.98% with increase in price of 1.49% indicating Long Build Up.
* The high Open Interest concentration on Call side is seen at 15,600 strike followed by 15,700 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 15,500 strike followed by 15,400 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 95 and probable trading range indicated for the day could be 15,400 to 15,700.
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
