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HIGHLIGHTS:

Nifty futures closed at 22133 yesterday on a positive note with 3.81% increase in the open interest indicating Long Build Up.

It closed at a premium of 36 points compared to its previous day’s premium of 52 points.

Bank Nifty closed at 48306 yesterday on a positive note with a 0.66% increase in open interest indicating

Long Build Up It closed at a premium of 148 points compared to its previous day’s premium of 130 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 1446 Cr,

Sold Index Option worth 7864 Cr,

Bought Stock Futures to the tune of 135 Cr,

Net Sold in the derivative segment to the tune of 6983 Cr.

In Cash Segment FII Bought 1086 Cr & DII Sold 821 Cr.

The India VIX index is at 13.79 vs 13.10, ATM CE IV 14.71 & PE IV 13.54

Index options PCR is at 1.52 vs 1.43 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 21800 and 21700 which may act as support for current expiry.

Nifty Call options OI shows that 22500 has the highest OI followed by 22300 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 48000 has the highest OI concentration followed 47800 which may act as support for the current expiry.

BankNifty Call strike 48500 followed by 48200 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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