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HIGHLIGHTS:

Nifty futures closed at 22103 yesterday on a negative note with price Cut of 1.53% & 0.95% decrease in the open interest indicating Long Unwinding. It closed at a premium of 105 points compared to its previous day’s premium of 111 points. Bank Nifty closed at 47081 yesterday on a negative note with price Cut of 0.94% & 2.13% Increase in open interest indicating Short Build Up. It closed at a premium of 100 points compared to its previous day’s premium of 245 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 1382 Cr,

Sold Index Option worth 16694 Cr,

Bought Stock Futures to the tune of 4828 Cr,

Net Sold in the derivative segment to the tune of 13586 Cr.

In Cash Segment FII Sold 4595 Cr & DII Bought 9094 Cr.

The India VIX index is at 14.43 vs 13.64, ATM CE IV 12.41 & PE IV 23.78

Index options PCR is at 0.65 vs 0.95 to its previous day closing.

Nifty Put options OI distribution shows that 21700 has the highest OI concentration followed by 21600 and 21500 which may act as support for current expiry.

Nifty Call options OI shows that 22500 has the highest OI followed by 22400 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 47000 has the highest OI concentration followed 46900 which may act as support for the current expiry

BankNifty Call strike 47000 followed by 47500 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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