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HIGHLIGHTS:

Nifty futures closed at 22229 yesterday on a negative note with 8.00% Decrease in the open interest indicating Long Unwinding.

It closed at a premium of 16 points compared to its previous day’s premium of 26 points.

Bank Nifty closed at 46843 yesterday on a negative note with a 3.84% Decrease in open interest indicating Long Unwinding.

It closed at a premium of 31 points compared to its previous day’s premium of 61 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 136 Cr,

Sold Index Option worth 6391 Cr,

Bought Stock Futures to the tune of 3496 Cr,

Net Sold in the derivative segment to the tune of 2296 Cr.

In Cash Segment FII Bought 1276.06 Cr & DII Bought 176.68 Cr.

The India VIX index is at 14.97 vs 15.20, ATM CE IV 11.18 & PE IV 13.79

Index options PCR is at 1.02 vs 1.01 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22200 and 21800 which may act as support for current expiry.

Nifty Call options OI shows that 22500 has the highest OI followed by 22300 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 46500 has the highest OI concentration followed 47000 which may act as support for the current expiry.

BankNifty Call strike 47000 followed by 47200 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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