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HIGHLIGHTS:

Nifty futures closed at 22160 yesterday on a positive note with price gain of 0.16% & 32.59% Increase in the open interest indicating Long Build Up. It closed at a premium of 124 points compared to its previous day’s premium of 178 points. Bank Nifty closed at 46547 yesterday on a positive note with price gain of 0.51% & 33.80% Increase in open interest indicating Long Build Up. It closed at a premium of 260 points compared to its previous day’s premium of 426 points

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 896 Cr,

Sold Index Option worth 335 Cr,

Sold Stock Futures to the tune of 4181 Cr,

Net Sold in the derivative segment to the tune of 7878 Cr.

In Cash Segment FII Bought 3568 Cr & DII Sold 230 Cr.

The India VIX index is at 15.57 vs 16.33, ATM CE IV 17.74 & PE IV 10.58

Index options PCR is at 1.09 vs 1.00 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 21800 and 21900 which may act as support for current expiry

Nifty Call options OI shows that 22200 has the highest OI followed by 22300 which may act as resistance for current expiry

BankNifty Put options OI distribution shows that 46000 has the highest OI concentration followed 45800 which may act as support for the current expiry

BankNifty Call strike 46500 followed by 46000 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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