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HIGHLIGHTS:

Nifty futures closed at 22433 yesterday on a negative note with price Cut of 0.29% & 4.28% decrease in the open interest indicating Short Build Up

It closed at a premium of 77 points compared to its previous day’s premium of 92 points.

Bank Nifty closed at 47909 yesterday on a positive note with price gain of 0.46% & 15.73% decrease in open interest indicating Long Build Up.

It closed at a premium of 328 points compared to its previous day’s premium of 235 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 1401 CrSold Index Futures to the tune of 1401 Cr,

Sold Index Option worth 16270 Cr, Sold Stock Futures to the tune of 4537 Cr,

Net Sold in the derivative segment to the tune of 23013 Cr.

In Cash Segment FII Bought 574 Cr & DII Bought 1835 Cr

FII Bought 574 Cr & DII Bought 1835 Cr.

The India VIX index is at 14.38 vs 14.92, ATM CE IV 12.20 & PE IV 15.20

Index options PCR is at 1.23 vs 1.30 to its previous day closing.

Nifty Put options OI distribution shows that 22200 has the highest OI concentration followed by 22000 and 22100 which may act as support for current expiry

Nifty Call options OI shows that 22400 has the highest OI followed by 22800 which may act as resistance for current expiry

BankNifty Put options OI distribution shows that 47500 has the highest OI concentration followed 47300 which may act as support for the current expiry

BankNifty Call strike 48000 followed by 47700 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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