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HIGHLIGHTS:

Nifty futures closed at 22601 yesterday on a negative note with price Cut of 0.92% & 1.87% decrease in the open interest indicating Long Unwinding. It closed at a premium of 82 points compared to its previous day’s premium of 59 points. Bank Nifty closed at 48714 yesterday on a negative note with price Cut of 0.62% & 7.06% decrease in open interest indicating Long Unwinding. It closed at a premium of 150 points compared to its previous day’s premium of 32 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 1997 Cr,

Sold Index Option worth 8951 Cr,

Sold Stock Futures to the tune of 6859 Cr,

Sold Stock Options to the tune of 369 Cr,

Net Sold in the derivative segment to the tune of 18176 Cr.

In Cash Segment

FII Sold 8027 Cr & DII Bought 6341 Cr.

The India VIX index is at 11.53 vs 11.11, ATM CE IV 11.16 & PE IV 10.04

Index options PCR is at 0.87 vs 1.09 to its previous day closing.

Nifty Put options OI distribution shows that 22200 has the highest OI concentration followed by 22500 and 22400 which may act as support for current expiry.

Nifty Call options OI shows that 22700 has the highest OI followed by 23000 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 48500 has the highest OI concentration followed 48300 which may act as support for the current expiry.

BankNifty Call strike 49000 followed by 48800 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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