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HIGHLIGHTS:

Nifty futures closed at 22358 yesterday on a positive note with price Gain of 1.04% & 1.03% increase in the open interest indicating Long Build Up. It closed at a premium of 22 points compared to its previous day’s discount of 18 points. Bank Nifty closed at 47989 yesterday on a positive note with price Gain of 0.87% & 1.38% increase in open interest indicating Long Build Up. It closed at a premium of 64 points compared to its previous day’s premium of 2 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 490 Cr,

Sold Index Option worth 14942 Cr,

Bought Stock Futures to the tune of 3415 Cr,

Bought Stock Options to the tune of 761 Cr,

Net Sold in the derivative segment to the tune of 11256 Cr.

In Cash Segment

FII Sold 2915 Cr & DII Bought 3543 Cr.

The India VIX index is at 12.70 vs 13.46, ATM CE IV 17.58 & PE IV 12.01

Index options PCR is at 1.14 vs 1.03 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22300 and 22200 which may act as support for current expiry.

Nifty Call options OI shows that 22600 has the highest OI followed by 22500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 47500 has the highest OI concentration followed 48000 which may act as support for the current expiry.

BankNifty Call strike 48000 followed by 48400 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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