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HIGHLIGHTS:

Nifty futures closed at 21815 yesterday on a negative note with 1.48% increase in the open interest indicating Short Build Up. It closed at a premium of 97 points compared to its previous day’s premium of 73 points. Bank Nifty closed at 45212 yesterday on a negative note with a 3.94% increase in open interest indicating Short Build Up. It closed at a premium of 201 points compared to its previous day’s premium of 313 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 1204 Cr,

Sold Index Option worth 26256 Cr,

Sold Stock Futures to the tune of 6202 Cr,

Net Sold in the derivative segment to the tune of 34897 Cr.

In Cash Segment FII Sold 4933.78 Cr & DII Bought 5512.32 Cr.

The India VIX index is at 15.83 vs 15.51, ATM CE IV 16.43 & PE IV 13.99

Index options PCR is at 0.81 vs 1.00 to its previous day closing.

Nifty Put options OI distribution shows that 21500 has the highest OI concentration followed by 21800 and 21700 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 45000 has the highest OI concentration followed 45500 which may act as support for the current expiry

BankNifty Call strike 45500 followed by 45400 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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