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HIGHLIGHTS:

Nifty futures closed at 22812 yesterday on a positive note with price Gain of 0.34% & 1.06% increase in the open interest indicating Long Build Up. It closed at a premium of 59 points compared to its previous day’s premium of 93 points. Bank Nifty closed at 49019 yesterday on a positive note with price gain of 0.45% & 8.74% decrease in open interest indicating Long Build Up. It closed at a premium of 32 points compared to its previous day’s premium of 69 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 4006 Cr,

Bought Index Option worth 10749 Cr,

Bought Stock Futures to the tune of 3587 Cr,

Sold Stock Options to the tune of 625 Cr,

Net Bought in the derivative segment to the tune of 17717 Cr.

In Cash Segment

FII Bought 2778 Cr & DII Bought 163 Cr.

The India VIX index is at 11.11 vs 11.35, ATM CE IV 8.26 & PE IV 11.27

Index options PCR is at 1.09 vs 1.29 to its previous day closing.

Nifty Put options OI distribution shows that 22500 has the highest OI concentration followed by 22300 and 22400 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 48500 has the highest OI concentration followed 48300 which may act as support for the current expiry.

BankNifty Call strike 49000 followed by 48500 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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