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HIGHLIGHTS:

Nifty futures closed at 22098 yesterday on a positive note with 1.43% Increase in the open interest indicating Long Build Up. It closed at a premium of 57 points compared to its previous day’s premium of 94 points. Bank Nifty closed at 46503 yesterday on a positive note with a 0.27% Decrease in open interest indicating Short Covering.. It closed at a premium of 119 points compared to its previous day’s premium of 166 points.

In Yesterday’s Trading Session FII's

Sold Index Option worth 5498 Cr,

Bought Stock Futures to the tune of 1260 Cr,

Net Sold in the derivative segment to the tune of 3447 Cr.

In Cash Segment FII Sold 253 Cr & DII Bought 1571 Cr.

The India VIX index is at 15.22 vs 15.23, ATM CE IV 12.05 & PE IV 14.91

Index options PCR is at 1.22 vs 1.05 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 21700 and 21900 which may act as support for current expiry.

Nifty Call options OI shows that 22100 has the highest OI followed by 22500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 46000 has the highest OI concentration followed 46500 which may act as support for the current expiry.

BankNifty Call strike 46500 followed by 46000 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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