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HIGHLIGHTS:

Nifty futures closed at 21910 yesterday on a positive note with price gain of 0.11% & 0.40% increase in the open interest indicating Long Build Up. It closed at a premium of 71 points compared to its previous day’s premium of 69 points. Bank Nifty closed at 46449 yesterday on a positive note with price gain of 0.01% & 1.58% Increase in open interest indicating Long Build Up. It closed at a premium of 138 points compared to its previous day’s premium of 64 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 928 Cr,

Bought Index Option worth 4099 Cr,

Bought Stock Futures to the tune of 1881 Cr,

Net Bought in the derivative segment to the tune of 5607 Cr.

In Cash Segment

FII Sold 2599 Cr & DII Bought 2667 Cr.

The India VIX index is at 13.47 vs 14.11, ATM CE IV 15.42 & PE IV 16.39

Index options PCR is at 0.79 vs 0.73 to its previous day closing.

Nifty Put options OI distribution shows that 21800 has the highest OI concentration followed by 21500 and 21400 which may act as support for current expiry. 

Nifty Call options OI shows that 22000 has the highest OI followed by 22200 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 46000 has the highest OI concentration followed 46500 which may act as support for the current expiry.

BankNifty Call strike 46500 followed by 46400 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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