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HIGHLIGHTS:

Nifty futures closed at 22606 yesterday on a positive note with price gain of 0.28% & 1.42% increase in the open interest indicating Long Build Up. It closed at a premium of 77 points compared to its previous day’s premium of 42 points.

premium of 42 points. Bank Nifty closed at 48153 yesterday on a negative note with price gain of 0.28% & 1.35% increase in open interest indicating Short Build Up. It closed at a premium of 105 points compared to its previous day’s premium of 89 points

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 2015 Cr,

Sold Index Option worth 30531 Cr,

Bought Stock Futures to the tune of 1503 Cr,

Bought Stock Options to the tune of 1031 Cr

Net Sold in the derivative segment to the tune of 25982 Cr.

In Cash Segment

FII Sold 1875 Cr & DII Bought 3549 Cr.

The India VIX index is at 21.81 vs 20.52, ATM CE IV 14.16 & PE IV 14.65

Index options PCR is at 1.15 vs 1.24 to its previous day closing.

Nifty Put options OI distribution shows that 22500 has the highest OI concentration followed by 22400 and 22200 which may act as support for current expiry.

Nifty Call options OI shows that 23000 has the highest OI followed by 22500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 48000 has the highest OI concentration followed 47800 which may act as support for the current expiry.

BankNifty Call strike 48000 followed by 48500 witnessed significant OI concentration and may act as resistance for the current expiry.

Nifty Options OI Distribution-Weekly

Bank Nifty Options OI Distribution-Weekly

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