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Bank Nifty has seen marginal increase in Open Interest of 1.93% with marginal decrease in price of -0.35% indicating Long Unwinding

* The high Open Interest concentration on Call side is seen at 36,000 strike followed by 36,200 & 36,500 which may act as immediate resistance.

* The high Open Interest concentration on Put side is seen at 35,800 strike followed by 35,000 & 35,500 which may act as immediate support.

* Total Premium of A-T-M option is at Rs. 309 and probable trading range indicated for the day could be 35,300 to 36,500.

Current Week Expiry Bank Nifty Open Interest Distribution

Nifty has seen marginal increase in Open Interest of 1.66% with an increase in price of 1.45% indicating Long build up.

* The high Open Interest concentration on Call side is seen at 16,600 strike followed by 16,700 which may act as immediate resistance.

* The high Open Interest concentration on Put side is seen at 16,500 strike followed by 16,400 which may act as immediate support.

* Total Premium of A-T-M option is at Rs. 83 and probable trading range indicated for the day could be 16,700 to 16,400.

Current Week Expiry Nifty Open Interest Distribution

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