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HIGHLIGHTS:

Nifty futures closed at 22201 yesterday on a positive note with price gain of 0.27% & 3.16% increase in the open interest indicating Long Build Up. It closed at a premium of 97 points compared to its previous day’s premium of 85 points. Bank Nifty closed at 48003 yesterday on a positive note with price gain of 0.83% & 3.09% decrease in open interest indicating Short Covering. It closed at a premium of 250 points compared to its previous day’s premium of 186 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 951 Cr,

Bought Index Option worth 6227 Cr,

Bought Stock Futures to the tune of 296 Cr,

Sold Stock Options to the tune of 70 Cr,

Net Buyers in the derivative segment to the tune of 5502 Cr.

In Cash Segment

FII Sold 4499 Cr & DII Bought 3563 Cr.

The India VIX index is at 20.60 vs 18.47, ATM CE IV 15.67 & PE IV 13.16

Index options PCR is at 0.97 vs 0.91 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 21800 and 21700 which may act as support for current expiry.

Nifty Call options OI shows that 22500 has the highest OI followed by 22300 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 47500 has the highest OI concentration followed 47000 which may act as support for the current expiry.

BankNifty Call strike 48000 followed by 47800 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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