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HIGHLIGHTS:

Nifty futures closed at 21980 yesterday on a positive note with 2.16% increase in the open interest indicating Long Build Up. It closed at a premium of 50 points compared to its previous day’s premium of 32 points. Bank Nifty closed at 45971 yesterday on a negative note with a 7.88% increase in open interest indicating Short Build Up. It closed at a premium of 280 points compared to its previous day’s premium of 215 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 568 Cr,

Sold Index Option worth 18860 Cr,

Sold Stock Futures to the tune of 1892 Cr,

Net Sold in the derivative segment to the tune of 19831 Cr.

In Cash Segment FII Bought 92.52 Cr & DII Sold 1096.26 Cr.

The India VIX index is at 15.78 vs 15.62, ATM CE IV 19.32 & PE IV 17.39

Index options PCR is at 1.11 vs 0.89 to its previous day closing.

Nifty Put options OI distribution shows that 21700 has the highest OI concentration followed by 21900 and 21800 which may act as support for current expiry.

Nifty Call options OI shows that 22200 has the highest OI followed by 22000 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 45500 has the highest OI concentration followed 45800 which may act as support for the current expiry.

BankNifty Call strike 46000 followed by 45800 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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