Nifty Open Interest Put Call ratio fell to 1.16 levels from 1.21 levels - HDFC Securities Ltd
F&O Highlights
LONG BUILD UP WAS SEEN IN THE NIFTY FUTURES
Create longs on dips with the SL of 25300 levels.
* Nifty continued its upward rally by adding 93 points or 0.37%, to close at 25423. Nifty has now risen 12 out of the last 14 sessions, recovering more than 1000 points from the recent swing low of 24404, registered on August 29, 2025.
* Long Build-Up was seen in the Nifty Futures where Open Interest rose by 0.15% with Nifty rising by 0.37%.
* Short Covering was seen in the Bank Nifty Futures where Open Interest fell by 5.57% with Bank Nifty rising by 0.42%.
* Nifty Open Interest Put Call ratio fell to 1.16 levels from 1.21 levels.
* Amongst the Nifty options (23-Sep Expiry), Call writing is seen at 25500-25600 levels, indicating Nifty is likely to find strong resistance in the vicinity of 25500-25600 levels. On the lower side, an immediate support is placed in the vicinity of 25300-25400 levels where we have seen Put writing.
* Short covering was seen by FII's’ in the Index Futures segment where they net bought worth 1,347 cr with their Open Interest going down by 5503 contracts. Index Expected Trend Prev. Close Buy/Sell S
Please refer disclaimer at https://www.hdfcsec.com/article/disclaimer-1795
SEBI Registration number is INZ00017133
