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HIGHLIGHTS:

Nifty futures closed at 22577 yesterday on a negative note with price cut of 0.12% & 1.42% increase in the open interest indicating Short Build Up. It closed at a premium of 124 points compared to its previous day’s premium of 141 points. Bank Nifty closed at 47893 yesterday on a negative note with price Cut of 0.04% & 1.31% increase in open interest indicating Short Build Up. It closed at a premium of 347 points compared to its previous day’s premium of 355 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 678 Cr,

Bought Index Option worth 10390 Cr

Sold Stock Futures to the tune of 1610 Cr,

Bought Stock Options to the tune of 108 Cr,

Net Bought in the derivative segment to the tune of 9566 Cr.

In Cash Segment

FII Sold 1623 Cr & DII Bought 1953 Cr.

The India VIX index is at 11.65 vs 12.08, ATM CE IV 14.10 & PE IV 12.86

Index options PCR is at 1.00 vs 1.1078 to its previous day closing.

Nifty Put options OI distribution shows that 22300 has the highest OI concentration followed by 22000 and 22200 which may act as support for current expiry.

Nifty Call options OI shows that 22500 has the highest OI followed by 22700 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 47500 has the highest OI concentration followed 47600 which may act as support for the current expiry.

BankNifty Call strike 48000 followed by 47600 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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