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F&O HIGHLIGHTS

SHORT BUILD UP WAS SEEN IN THE NIFTY FUTURES

ACCUMULATE SHORTS WITH SL OF 21150 LEVELS.

* Nifty snapped a seven-day gaining streak on Dec 07 to end marginally lower. At close, Nifty was down 0.17% or 36.6 points at 20901.2.

* Short Build-Up was seen in the Nifty Futures where Open Interest rose by 6.64% with Nifty falling by 0.17%.

* Long Build-Up was seen in the Bank Nifty Futures where Open Interest rose by 1.68% with Bank Nifty rising by 0.01%.

* Nifty Open Interest Put Call ratio fell to 1.15 levels from 1.18 levels.

* Amongst the Nifty options (14-Dec Expiry), Call writing is seen at 21000-21100 levels, indicating Nifty is likely to find strong resistance in the vicinity of21000-21100 levels. On the lower side, an immediate support is placed in the vicinity of 20800-20900 levels where we have seen Put writing.

* Long build-up was seen by FII's in the Index Futures segment where they net bought worth 598 cr with their Open Interest going up by 2203 contracts.

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