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HIGHLIGHTS:

Nifty futures closed at 22088 yesterday on a negative note with price cut of 0.35% & 1.98% decrease in the open interest indicating Long Unwinding.. It closed at a premium of 84 points compared to its previous day’s premium of 69 points. Bank Nifty closed at 46717 yesterday on a positive note with price cut of 0.45% & 1.34% increase in open interest indicating Short Build Up. It closed at a premium of 117 points compared to its previous day’s premium of 65 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 881 Cr,

Sold Index Option worth 13346 Cr,

Bought Stock Futures to the tune of 941 Cr,

Net Sold in the derivative segment to the tune of 14079 Cr.

In Cash Segment

FII Buy 10 Cr & DII Bought 5024 Cr.

The India VIX index is at 12.82 vs 12.22, ATM CE IV 22.09 & PE IV 9.70

The India VIX index is at 12.82 vs 12.22, ATM CE IV 22.09 & PE IV 9.70

Index options PCR is at 1.10 vs 1.23 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22100 and 21800 which may act as support for current expiry.

Nifty Call options OI shows that 22500 has the highest OI followed by 22200 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 46500 has the highest OI concentration followed 46800 which may act as support for the current expiry.BankNifty Call strike 47000 followed by 46800 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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