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HIGHLIGHTS:

Nifty futures closed at 21942 yesterday on a positive note with 21.68% increase in the open interest indicating Long Build Up.

It closed at a premium of 164 points compared to its previous day’s premium of 199 points.

Bank Nifty closed at 48822 yesterday on a positive note with a 33.21% increase in open interest indicating Long Build Up.

It closed at a premium of 314 points compared to its previous day’s premium of 393 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 903 Cr,

Sold Index Option worth 123811 Cr,

Bought Stock Futures to the tune of 7106 Cr,

Net Sold in the derivative segment to the tune of 118984 Cr.

In Cash Segment FII Bought 4359 Cr & DII Bought 137 Cr.

The India VIX index is at 15.14 vs 15.56, ATM CE IV 13.35 & PE IV 13.14

Index options PCR is at 1.30 vs 1.43 to its previous day closing.

Nifty Put options OI distribution shows that 21500 has the highest OI concentration followed by 21600 and 21700 which may act as support for current expiry.

Nifty Call options OI shows that 22000 has the highest OI followed by 22100 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 48500 has the highest OI concentration followed 48600 which may act as support for the current expiry.

BankNifty Call strike 48500 followed by 49000 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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