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HIGHLIGHTS

Nifty futures closed at 22371 yesterday on a positive note with price Gain of 0.06% & 5.72% increase in the open interest indicating Long Build Up. It closed at a premium of 3 points compared to its previous day’s discount of 22 points.

Bank Nifty closed at 47991 yesterday on a positive note with price Gain of 0.01% & 4.11% decrease in open interest indicating Short Covering. It closed at a premium of 21 points compared to its previous day’s premium of 64 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 309 Cr,

Sold Index Option worth 25315 Cr,

Bought Stock Futures to the tune of 3208 Cr,

Sold Stock Options to the tune of 9 Cr,

Net Sold in the derivative segment to the tune of 22426 Cr.

In Cash Segment FII Sold 3044 Cr & DII Bought 2919 Cr.

The India VIX index is at 10.19 vs 12.70, ATM CE IV 17.58 & PE IV 12.01

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

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22300 and 22200 which may act as support for current expiry.

Nifty Call options OI shows that 22600 has the highest OI followed by 22500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 48000 has the highest OI concentration followed 47500 which may act as support for the current expiry.

BankNifty Call strike 48000 followed by 48400 witnessed significant OI concentration and may act as resistance for the current expiry.

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Nifty Options OI Distribution-Weekly

Bank Nifty Options OI Distribution-Weekly

SEBI Registration number is INZ000161633