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HIGHLIGHTS:

Nifty futures closed at 21951 yesterday on a positive note with 4.10% increase in the open interest indicating Long Build Up. It closed at a premium of 98 points compared to its previous day’s premium of 54 points. Bank Nifty closed at 46237 yesterday on a negative note with a 6.57% decrease in open interest indicating Long Unwinding. It closed at a premium of 266 points compared to its previous day’s premium of 249 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 597 Cr,

Sold Index Option worth 3854 Cr,

Bought Stock Futures to the tune of 7218 Cr,

Net Bought in the derivative segment to the tune of 4254 Cr.

In Cash Segment FII Bought 70.69 Cr & DII Bought 2463.18 Cr.

The India VIX index is at 14.70 vs 14.45, ATM CE IV 13.38 & PE IV 14.38

Index options PCR is at 1.02 vs 0.81 to its previous day closing.

Nifty Put options OI distribution shows that 21600 has the highest OI concentration followed by 21500 and 21700 which may act as support for current expiry. Nifty Call options OI shows that 22000 has the highest OI followed by 22100 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 46000 has the highest OI concentration followed 45800 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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