India VIX index is at 10.90 v/s 10.82 ATM CE IV 7.96 & PE IV 14.58 - Axis securities Ltd
HIGHLIGHTS:
Nifty futures yesterday closed at 19269 on a negative note with 16.80% Decrease in the open interest indicating Long Unwinding.
Nifty Futures yesterday closed at a discount of -13 points compared to it’s previous day discount of -15 points.
BankNifty yesterday closed at 43141 on a negative note with 22.49% Decrease in open interest indicating Long Unwinding, BankNifty Futures yesterday closed at a discount of 10 points compared to its previous day premium of 16 points.
In Yesterday Trading Session FII's
Sold Index Futures to the tune of 328 CR, Sold Index Option worth 14611 CR
Bought Stock Futures to the tune of 6372 CR
Net Sold in the derivative segment to the tune of 8226 crores.
While in Cash Segment FII Bought 252 CR & DII Bought 1112 CR
India VIX index is at 10.90 v/s 10.82 ATM CE IV 7.96 & PE IV 14.58
Yesterday Index options PCR is at 0.70 as compared to 0.90
Nifty Put options OI distribution shows that 19000 has highest OI concentration followed by 19200 & 19100 which may act as support for current expiry.
Nifty Call strike 19600 followed by 19500 witnessed significant OI concentration and may act as resistance for current expiry.
BankNifty Put options OI distribution shows that 43000 has highest OI concentration followed 42800 which may act as support for current expiry.
BankNifty Call strike 43700 followed by 43600 witnessed significant OI concentration and may act as resistance for current expiry.
Nifty Options OI Distribution-Weekly
Bank Nifty Options OI Distribution-Weekly
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Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities