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HIGHLIGHTS:

Nifty futures closed at 21947 yesterday on a positive note with 1.81% increase in the open interest indicating Long Build Up.

It closed at a premium of 52 points compared to its previous day’s premium of 31 points.

Bank Nifty closed at 47392 yesterday on a positive note with a 11.52% decrease in open interest indicating Short Covering

It closed at a premium of 130 points compared to its previous day’s premium of 135 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 64 Cr,

Bought Index Option worth 23580 Cr,

BoughtStock Futures to the tune of 551 Cr,

Net Bought in the derivative segment to the tune of 23875 Cr.

In Cash Segment

FII Sold 340 Cr & DII Bought 2911 Cr.

The India VIX index is at 13.10 vs 12.77, ATM CE IV 11.98 & PE IV 14.60

Index options PCR is at 1.43 vs 1.14 to its previous day closing.

Nifty Put options OI distribution shows that 21700 has the highest OI concentration followed by 21800 and 21600 which may act as support for current expiry.

Nifty Call options OI shows that 22300 has the highest OI followed by 22000 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 47500 has the highest OI concentration followed 47700 which may act as support for the current expiry.

BankNifty Call strike 48000 followed by 47800 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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