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HIGHLIGHTS:

Nifty futures closed at 22550 yesterday on a negative note with price Cut of 0.11% & 5.64% increase in the open interest indicating Short Build , It closed at a premium of 107 points compared to its previous day’s premium of 99 points. Bank Nifty closed at 49045 yesterday on a negative note with price cut of 0.1% & 1.68% increase in open interest indicating Short Build Up. It closed at a premium of 150 points compared to its previous day’s premium of 171 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 536 Cr,

Sold Index Option worth 11508 Cr,

Bought Stock Futures to the tune of 167 Cr,

Bought Stock Options to the tune of 1655 Cr,

Net Sellers in the derivative segment to the tune of 9150 Cr.

In Cash Segment

FII Sold 2169 Cr & DII Bought 781 Cr.

The India VIX index is at 16.60 vs 14.62, ATM CE IV 16.67 & PE IV 13.93

Index options PCR is at 0.85 vs 0.89 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22500 and 22300 which may act as support for current expiry.

Nifty Call options OI shows that 22800 has the highest OI followed by 22700 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 48500 has the highest OI concentration followed 49000 which may act as support for the current expiry.

BankNifty Call strike 49000 followed by 49400 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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