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Bank Nifty has seen marginal decrease in Open Interest of - 0.10% with marginal increase in price of 0.53% indicating Short Covering

* The high Open Interest concentration on Call side is seen at 37,000 strike followed by 37,500 which may act as immediate resistance.

* The high Open Interest concentration on Put side is seen at 36,500 strike followed by 36,000 which may act as immediate support.

* Total Premium of A-T-M option is at Rs. 283 and probable trading range indicated for the day could be 36,400 to 37,300.

Current Week Expiry Bank Nifty Open Interest Distribution

Nifty has seen increase in Open Interest of 2.79% with an increase in price of 0.99% indicating Long Build Up.

* he high Open Interest concentration on Call side is seen at 17,600 strike followed by 17,700 which may act as immediate resistance.

* The high Open Interest concentration on Put side is seen at 17,400 strike followed by 17,300 which may act as immediate support.

* Total Premium of A-T-M option is at Rs. 85 and probable trading range indicated for the day could be 17,350 to 17,650; with 17500 being a pivotal level as both 17500 call & put have high OI concentration.

Current Week Expiry Nifty Open Interest Distribution

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