IGI Logo

HIGHLIGHTS:

Nifty Futures closed at 24203 yesterday on a negative note, with a price cut of 0.01% and a 0.09% increase in the open interest, indicating a Short Build Up. It closed at a premium of 79 points compared to its previous day’s premium of 64 points. Bank Nifty closed at 52368 yesterday on a negative note with price cut of 0.68% & 2.50 decrease in open interest indicating Long Unwinding. It closed at a premium of 200 points compared to its previous day’s premium of 134 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 237.17 Cr,

Sold Index Option worth 27772.6 Cr,

Sold Stock Futures to the tune of 5071.23 Cr,

Sold Stock Options to the tune of 950.19 Cr,

Net Sold in the derivative segment to the tune of 34021.20 Cr.

In Cash Segment FII Sold 2000.12 Cr & DII Bought 648.25 Cr.

Index options PCR is at 1.00 v/s 1.07 to its previous day closing.

Nifty Put options OI distribution shows that 24000 has the highest OI concentration followed by 23500 and 23800 which may act as support for current expiry.

Nifty Call options OI shows that 24500 has the highest OI followed by 24700 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 52500 has the highest OI concentration followed 52000 which may act as support for the current expiry.

BankNifty Call strike 53000 followed by 52500 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