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HIGHLIGHTS:

Nifty futures closed at 22203 yesterday on a positive note with price gain of 0.28% & 25.40% Decrease in the open interest indicating Short Covering. It closed at a premium of 05 points compared to its previous day’s premium of 20 points. Bank Nifty closed at 46587 yesterday on a negative note with price cut of - 0.04% & 8.19% Decrease in open interest indicating Long Unwinding. It closed at a discount of -1 points compared to its previous day’s premium of 31 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 139 Cr,

Sold Index Option worth 30816 Cr,

Sold Stock Futures to the tune of 1084 Cr,

Net Sold in the derivative segment to the tune of 31751 Cr.

In Cash Segment FII Sold 1509 Cr & DII Bought 2862 Cr

The India VIX index is at 15.73 vs 15.60, ATM CE IV 11.18 & PE IV 13.79

Index options PCR is at 1.00 vs 0.97 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22200 and 21800 which may act as support for current expiry.

Nifty Call options OI shows that 22500 has the highest OI followed by 22300 which may act as resistance for current expiry

BankNifty Put options OI distribution shows that 46500 has the highest OI concentration followed 47000 which may act as support for the current expiry

BankNifty Call strike 47000 followed by 47200 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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