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HIGHLIGHTS:

Nifty futures closed at 22502 yesterday on a positive note with price gain of 0.26% & 0.33% Increase in the open interest indicating Short Covering. It closed at a premium of 124 points compared to its previous day’s premium of 104 points. Bank Nifty closed at 47660 yesterday on a positive note with price gain of 0.17% & 1.00% Increase in open interest indicating Long Build Up. It closed at a premium of 362 points compared to its previous day’s premium of 291 points

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 197 Cr,

Bought Index Option worth 1313 Cr,

Sold Stock Futures to the tune of 330 Cr,

Net Bought in the derivative segment to the tune of 1171 Cr.

In Cash Segment FII Sold 82 Cr & DII Sold 45 Cr.

The India VIX index is at 14.99 vs 15.23, ATM CE IV 12.68 & PE IV 13.82

Index options PCR is at 1.32 vs 1.29 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22200 and 22100 which may act as support for current expiry.

Nifty Call options OI shows that 22800 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 47500 which may act as support for the current expiry.

BankNifty Call strike 47500 followed by 47000 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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