IGI Logo

HIGHLIGHTS:

Nifty futures closed at 22447 yesterday on a positive note with price Gain of 0.01% & 3.29% Increase in the open interest indicating Long Build Up. It closed at a premium of 111 points compared to its previous day’s premium of 89 points. Bank Nifty closed at 47527 yesterday on a positive note with price Gain of 0.08% & 0.99% Increase in open interest indicating Long Build Up. It closed at a premium of 245 points compared to its previous day’s premium of 162 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 442 Cr,

Sold Index Option worth 7642 Cr,

Bought Stock Futures to the tune of 2095 Cr,

Net Sold in the derivative segment to the tune of 5555 Cr.

In Cash Segment

FII Bought 73 Cr & DII Bought 2358 Cr

The India VIX index is at 13.64 vs 13.99, ATM CE IV 14.21 & PE IV 14.59

Index options PCR is at 0.95 vs 0.94 to its previous day closing

Nifty Put options OI distribution shows that 22300 has the highest OI concentration followed by 22400 and 22000 which may act as support for current expiry.

Nifty Call options OI shows that 22500 has the highest OI followed by 22600 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 47500 has the highest OI concentration followed 47000 which may act as support for the current expiry.

BankNifty Call strike 47800 followed by 47500 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