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HIGHLIGHTS:

Nifty futures closed at 22382 yesterday on a negative note with price Cut of 0.75% & 1.44% decrease in the open interest indicating Long Unwinding. It closed at a premium of 79 points compared to its previous day’s premium of 107 points. Bank Nifty closed at 48349 yesterday on a negative note with price cut of 1.42% & 5.54% increase in open interest indicating Short Build Up. It closed at a premium of 64 points compared to its previous day’s premium of 150 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 1772 Cr,

Sold Index Option worth 1131 Cr,

Sold Stock Futures to the tune of 137 Cr,

Bought Stock Options to the tune of 687 Cr,

Net Sellers in the derivative segment to the tune of 2353 Cr.

In Cash Segment

FII Sold 3669 Cr & DII Bought 2305 Cr.

The India VIX index is at 17.01 vs 16.60, ATM CE IV 16.67 & PE IV 13.93

Index options PCR is at 0.78 vs 0.85 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 21900 and 22300 which may act as support for current expiry.

Nifty Call options OI shows that 22500 has the highest OI followed by 22800 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 48000 has the highest OI concentration followed 48500 which may act as support for the current expiry.

BankNifty Call strike 48500 followed by 48800 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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