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HIGHLIGHTS:

Nifty futures closed at 22167 yesterday on a positive note with price gain of 0.36% & 4.10% increase in the open interest indicating Long Build Up. It closed at a premium of 43 points compared to its previous day’s premium of 84 points. Bank Nifty closed at 47224 yesterday on a positive note with price Gain of 0.19% & 16.43% increase in open interest indicating Long Build Up. It closed at a premium of 438 points compared to its previous day’s premium of 535 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 1116 Cr

Sold Index Option worth 14661 Cr

Sold Stock Futures to the tune of 2541 Cr,

Net Sold in the derivative segment to the tune of 17712 Cr

In Cash Segment

FII Buy 2170 Cr & DII Bought 1198 Cr.

The India VIX index is at 12.70 vs 12.82, ATM CE IV 21.16 & PE IV 7.65

Index options PCR is at 1.16 vs 1.10 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22100 and 21900 which may act as support for current expiry.

Nifty Call options OI shows that 22500 has the highest OI followed by 22400 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 46700 has the highest OI concentration followed 46500 which may act as support for the current expiry.

BankNifty Call strike 47000 followed by 46700 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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