IGI Logo

HIGHLIGHTS:

Nifty futures closed at 22102 yesterday on a positive note with price gain of 0.88% & 0.29% increase in the open interest indicating Long Build Up. It closed at a premium of 91 points compared to its previous day’s premium of 71 points. Bank Nifty closed at 46795 yesterday on a positive note with price gain of 0.74% & 1.22% Increase in open interest indicating Long Build Up. It closed at a premium of 110 points compared to its previous day’s premium of 138 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 443 Cr,

Sold Index Option worth 34433 Cr,

Bought Stock Futures to the tune of 3283 Cr,

Net Sold in the derivative segment to the tune of 30084 Cr.

In Cash Segment

FII Sold 1827 Cr & DII Bought 3209 Cr.

The India VIX index is at 12.51 vs 13.47, ATM CE IV 14.6 & PE IV 8.8

Index options PCR is at 0.97 vs 0.79 to its previous day closing.

Nifty Put options OI distribution shows that 22000 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 22500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 46500 has the highest OI concentration followed 46000 which may act as support for the current expiry.

BankNifty Call strike 47000 followed by 46500 witnessed significant OI concentration and may act as resistance for the current expiry.

Nifty Options OI Distribution-Weekly

Bank Nifty Options OI Distribution-Weekly

For More Axis Securities Disclaimer https://simplehai.axisdirect.in/disclaimer-home

SEBI Registration number is INZ000161633