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HIGHLIGHTS:

Nifty futures closed at 22498 yesterday on a negative note with price Cut of 0.02% & 1.02% decrease in the open interest indicating Long Unwinding.

It closed at a premium of 92 points compared to its previous day’s premium of 124 points. Bank Nifty closed at 47691 yesterday on a positive note with price gain of 0.07% & 2.48% decrease in open interest indicating Short Covering.

It closed at a premium of 235 points compared to its previous day’s premium of 362 points

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 1270 Cr,

Sold Index Option worth 19683 Cr,

Sold Stock Futures to the tune of 325 Cr,

Net Sold in the derivative segment to the tune of 18725 Cr.

In Cash Segment FII Sold 564 Cr & DII Bought 3543 Cr.

The India VIX index is at 14.92 vs 14.99, ATM CE IV 13.23 & PE IV 16.91

Index options PCR is at 1.30 vs 1.32 to its previous day closing.

Nifty Put options OI distribution shows that 22200 has the highest OI concentration followed by 22000 and 21900 which may act as support for current expiry.

Nifty Call options OI shows that 22800 has the highest OI followed by 22400 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 47000 has the highest OI concentration followed 47300 which may act as support for the current expiry.

BankNifty Call strike 47500 followed by 47700 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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