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HIGHLIGHTS:

Nifty futures closed at 21194 yesterday on a negative note with 30.43% decrease in the open interest indicating

Long Unwinding It closed at a premium of 50 points compared to its previous day’s premium of 32 points.

Bank Nifty closed at 44913 yesterday on a negative note with a 1.16% decrease in open interest indicating Long Unwinding.

It closed at a premium of 96 points compared to its previous day’s premium of 78 points.

In Yesterday’s Trading Session

FII's Bought Index Futures to the tune of 186 Cr,

Sold Index Option worth 2765 Cr, Bought Stock Futures to the tune of 659 Cr,

Net Sold in the derivative segment to the tune of 1521 Cr.

In Cash Segment FII Sold 3115 Cr & DII Bought 214 Cr.

The India VIX index is at 14.85 vs 13.80, ATM CE IV 14.49 & PE IV 13.89

Index options PCR is at 0.74 vs 0.86 to its previous day closing.

Nifty Put options OI distribution shows that 21000 has the highest OI concentration followed by 20800 and 21200 which may act as support for current expiry.

Nifty Call options OI shows that 21700 has the highest OI followed by 21500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 45000 has the highest OI concentration followed 44800 which may act as support for the current expiry.

BankNifty Call strike 45500 followed by 45000 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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