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HIGHLIGHTS:

Nifty futures closed at 21855 yesterday on a positive note with 1.38% increase in the open interest indicating Long Build Up.

It closed at a premium of 118 points compared to its previous day’s premium of 136 points.

Bank Nifty closed at 45735 yesterday on a positive note with a 6.26% decrease in open interest indicating Short Covering.

It closed at a premium of 293 points compared to its previous day’s premium of 426 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 1137 Cr,

Sold Index Option worth 22777 Cr,

Bought Stock Futures to the tune of 8144 Cr,

Net Sold in the derivative segment to the tune of 13475 Cr.

In Cash Segment FII Bought 110 Cr & DII Bought 3221 Cr

The India VIX index is at 15.68 vs 13.86, ATM CE IV 24.71 & PE IV 19.21

Index options PCR is at 1.21 vs 1.04 to its previous day closing.

Nifty Put options OI distribution shows that 21500 has the highest OI concentration followed by 21400 and 21600 which may act as support for current expiry.

Nifty Call options OI shows that 22000 has the highest OI followed by 21800 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 45500 has the highest OI concentration followed 45000 which may act as support for the current expiry.

BankNifty Call strike 45500 followed by 45700 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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