IGI Logo

HIGHLIGHTS:

Nifty Futures closed at 24161 yesterday on a negative note, with a price cut of 0.80% and 3.82% increase in the open interest, indicating a Short Build Up. It closed at a premium of 22 points compared to its previous day’s premium of 10 points. Bank Nifty closed at 50052 yesterday on a negative note with price cut of 1.32% & 21.38% decrease in open interest indicating Short Build Up. It closed at a premium of 220 points compared to its previous day’s increase of 143 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 2421 Cr,

Bought Index Option worth 14345 Cr,

Sold Stock Futures to the tune of 6092 Cr,

Sold Stock Options to the tune of 1473 Cr,

Net Bought in the derivative segment to the tune of 4360.22 Cr.

In Cash Segment FII Sold 2107.17 Cr & DII Bought 1239.96 Cr.

The India VIX index is at 16.17 vs 15.87, ATM CE IV 13.82 & PE IV 16.30

Index options PCR is at 0.53 v/s 0.79 to its previous day closing.

Nifty Put options OI distribution shows that 23500 has the highest OI concentration followed by 24000 and 23900 which may act as support for current expiry.

Nifty Call options OI shows that 24500 has the highest OI followed by 24000 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 49000 has the highest OI concentration followed 49500 which may act as support for the current expiry.

BankNifty Call strike 50500 followed by 50000 witnessed significant OI concentration and may act as resistance for the current expiry.

Nifty Options OI Distribution-Weekly

Bank Nifty Options OI Distribution-Weekly

For More Axis Securities Disclaimer https://simplehai.axisdirect.in/disclaimer-home

SEBI Registration number is INZ000161633