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HIGHLIGHTS

Nifty futures closed at 22596 yesterday on a negative note with price cut of 0.07% & 0.86% decrease in the open interest indicating Long Unwinding. It closed at a premium of 82 points compared to its previous day’s premium of 98 points. Bank Nifty closed at 48658 yesterday on a positive note with price gain of 0.95% & 13.13% increase in open interest indicating Long Build Up. It closed at a premium of 165 points compared to its previous day’s premium of 138 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 220 Cr,

Bought Index Option worth 11382 Cr,

Sold Stock Futures to the tune of 5114 Cr

Sold Stock Options to the tune of 747 Cr,

Net Bought in the derivative segment to the tune of 5300 Cr.

In Cash Segment

FII Bought 1659 Cr & DII Sold 3370 Cr.

The India VIX index is at 11.34 vs 11.22, ATM CE IV 10.99 & PE IV 10.94

Index options PCR is at 1.03 vs 0.95 to its previous day closing.

Nifty Put options OI distribution shows that 22500 has the highest OI concentration followed by 22400 and 22300 which may act as support for current expiry.

Nifty Call options OI shows that 23000 has the highest OI followed by 22800 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 48200 has the highest OI concentration followed 48000 which may act as support for the current expiry.

BankNifty Call strike 48500 followed by 49000 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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