The high Open Interest concentration on Call side is seen at 32,500 strike - Axis Securities
Bank Nifty
* The high Open Interest concentration on Call side is seen at 32,500 strike followed by 30,800 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 30,000 strike followed by 29,500 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 317 and probable trading range indicated for the day could be 30,800 to 29,500.
Nifty
* The high Open Interest concentration on Call side is seen at 14,100 strike followed by 14,200 which may act as immediate resistance.
* The high Open Interest concentration on Put side is seen at 13,900 strike followed by 13,800 which may act as immediate support.
* Total Premium of A-T-M option is at Rs. 130 and probable trading range indicated for the day could be 14,150 to 13,750.
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