IGI Logo

HIGHLIGHTS:

Nifty futures closed at 22070 yesterday on a negative note with 1.40% Decrease in the open interest indicating Long Unwinding. It closed at a premium of 15 points compared to its previous day’s premium of 20 points. Bank Nifty closed at 47025 yesterday on a positive note with a 0.47% Decrease in open interest indicating Long Unwinding. It closed at a premium of 5 points compared to its previous day’s premium of 94 points

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 627 Cr,

Sold Index Option worth 14792 Cr,

Sold Stock Futures to the tune of 280 Cr,

Net Sold in the derivative segment to the tune of 14341 Cr.

In Cash Segment FII Bought 284.66 Cr & DII Sold 411.57 Cr.

The India VIX index is at 15.93 vs 16.02, ATM CE IV 15.27 & PE IV 23.83

Index options PCR is at 0.85 vs 1.24 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 22200 has the highest OI followed by 22500 which may act as resistance for current expiry

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

BankNifty Call strike 47000 followed by 47500 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