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HIGHLIGHTS

Nifty futures closed at 21678 yesterday on a negative note with 2.00% increase in the open interest indicating Short Build Up. It closed at a premium of 31 points compared to its previous day’s premium of 72 points.

Bank Nifty closed at 47573 yesterday on a negative note with a 4.14% increase in open interest indicating Short Build Up..

It closed at a premium of 135 points compared to its previous day’s premium of 149 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 74 Cr,

Sold Index Option worth 76149 Cr,

BoughtStock Futures to the tune of 1667 Cr,

Net Sold in the derivative segment to the tune of 74824 Cr.

In Cash Segment

FII Sold 865 Cr & DII Bought 1607 Cr.

The India VIX index is at 12.77 vs 12.97, ATM CE IV 11.93 & PE IV 13.03

Index options PCR is at 1.14 vs 1.06 to its previous day closing.

Nifty Put options OI distribution shows that 21500 has the highest OI concentration followed by 21400 and 21300 which may act as support for current expiry.

Nifty Call options OI shows that 21700 has the highest OI followed by 22000 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 47000 has the highest OI concentration followed 47500 which may act as support for the current expiry.

BankNifty Call strike 47500 followed by 47600 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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