IGI Logo

HIGHLIGHTS:

Nifty futures closed at 23466 yesterday on a positive note with price gain of 0.29% & 3.11% Increase in the open interest indicating Long Build Up. It closed at a premium of 67 points compared to its previous day’s premium of 1 points.

Bank Nifty closed at 50042 yesterday on a positive note with price gain of 0.26% & 1.72% Increase in open interest indicating Long Build Up. It closed at a premium of 40 points compared to its previous day’s premium of 65 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 563.46 Cr,

Bought Index Option worth 6351.50 Cr,

Sold Stock Futures to the tune of 3538.10 Cr,

Sold Stock Options to the tune of 192.23 Cr,

Net Bought in the derivative segment to the tune of 3184.63 Cr.

In Cash Segment FII Bought 2175.86 Cr & DII Bought 655.76 Cr.

The India VIX index is at 12.82 vs 13.49, ATM CE IV 17.6 & PE IV 10.38

Index options PCR is at 1.31 vs 1.08 to its previous day closing.

Nifty Put options OI distribution shows that 23400 has the highest OI concentration followed by 23000 and 23300 which may act as support for current expiry.

Nifty Call options OI shows that 24000 has the highest OI followed by 23500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 50000 has the highest OI concentration followed 49500 which may act as support for the current expiry.

BankNifty Call strike 50000 followed by 50500 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