IGI Logo

HIGHLIGHTS:

Nifty futures closed at 22142 yesterday on a negative note (-0.39%) with 10.78% Decrease in the open interest indicating Long Unwinding. It closed at a premium of 20 points compared to its previous day’s premium of 16 points. Bank Nifty closed at 46608 yesterday on a negative note (-0.50%) with a 12.10% Decrease in open interest indicating Long Unwinding. It closed at a premium of 31 points compared to its previous day’s premium of 31 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 531 Cr,

Sold Index Option worth 25947 Cr,

Bought Stock Futures to the tune of 1005 Cr,

Net Sold in the derivative segment to the tune of 24313 Cr.

In Cash Segment FII Sold 285 Cr & DII Sold 5.33 Cr

The India VIX index is at 15.60 vs 14.97, ATM CE IV 10.8 & PE IV 13.89

Index options PCR is at 0.97 vs 1.02 to its previous day closing

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22200 and 21800 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 46500 has the highest OI concentration followed 47000 which may act as support for the current expiry.

BankNifty Call strike 47000 followed by 47200 witnessed significant OI concentration and may act as resistance for the current expiry.

Nifty Options OI Distribution-Weekly

Bank Nifty Options OI Distribution-Weekly

For More Axis Securities Disclaimer https://simplehai.axisdirect.in/disclaimer-home

SEBI Registration number is INZ000161633