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HIGHLIGHTS:

Nifty futures closed at 21824 yesterday on a positive note with 1.22% Increase in the open interest indicating Long Build Up. It closed at a premium of 81 points compared to its previous day’s premium of 82 points. Bank Nifty closed at 45732 yesterday on a positive note with a 2.78% Increase in open interest indicating Long Build Up. It closed at a premium of 230 points compared to its previous day’s premium of 209 points

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 345.55 Cr,

Sold Index Option worth 7492.73 Cr,

Bought Stock Futures to the tune of 2507.60 Cr,

Net Sold in the derivative segment to the tune of 3919.18 Cr.

In Cash Segment FII Bought 376 Cr & DII Bought 274 Cr.

The India VIX index is at 15.81 vs 16.06, ATM CE IV 17.47 & PE IV 18.41

Index options PCR is at 0.99 vs 0.85 to its previous day closing.

Nifty Put options OI distribution shows that 21500 has the highest OI concentration followed by 21300 and 21400 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 44500 has the highest OI concentration followed 44800 which may act as support for the current expiry.

BankNifty Call strike 45000 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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