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HIGHLIGHTS:

Nifty futures closed at 22265 yesterday on a positive note with price Gain of 0.73% & 4.5% decrease in the open interest indicating Long Build Up. It closed at a premium of 118 points compared to its previous day’s premium of 105 points. Bank Nifty closed at 46996 yesterday on a negative note with price Cut of 0.18% & 1.31% Increase in open interest indicating Short Build Up. It closed at a premium of 206 points compared to its previous day’s premium of 100 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 711 Cr,

Sold Index Option worth 13204 Cr,

Bought Stock Futures to the tune of 2138 Cr,

Net Sold in the derivative segment to the tune of 10487 Cr.

In Cash Segment

FII Sold 1356 Cr & DII Bought 139 Cr.

The India VIX index is at 13.62 vs 14.43, ATM CE IV 13.99 & PE IV 11.84

Index options PCR is at 0.95 vs 0.65 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 21800 and 22200 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 47000 has the highest OI concentration followed 46900 which may act as support for the current expiry.

BankNifty Call strike 47000 followed by 47500 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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