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HIGHLIGHTS:

Nifty futures closed at 22171 yesterday on a positive note with 1.25% Increase in the open interest indicating Long Build Up. It closed at a premium of 50 points compared to its previous day’s premium of 57 points. Bank Nifty closed at 46639 yesterday on a positive note with a 3.89% Decrease in open interest indicating Short Covering.. It closed at a premium of 103 points compared to its previous day’s premium of 119 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 720 Cr,

Sold Index Option worth 25424 Cr,

Sold Stock Futures to the tune of 2107 Cr,

Net Sold in the derivative segment to the tune of 27241 Cr.

In Cash Segment FII

Sold 755 Cr & DII Bought 453 Cr.

The India VIX index is at 16.02 vs 15.22,

ATM CE IV 14.06 & PE IV 18.23

Index options PCR is at 1.25 vs 1.22 to its previous day closing

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 21700 and 21900 which may act as support for current expiry

Nifty Call options OI shows that 22100 has the highest OI followed by 22500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 46000 has the highest OI concentration followed 46500 which may act as support for the current expiry

BankNifty Call strike 46500 followed by 46000 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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