Data for 7th December, 2023 Expiry
#safebull , Information , Market
FII & DII Data
Observations:
FII & DII data suggest market to remain volatile, but heavier on negative side even though its too early to say.
- Outstanding puts is 2.4L against 50k calls – Looks Bearish.
- Last session FII futures activity – Decently on positive.
- FII stocks is 1.5K cr – Does not hold relevance for intraday but swing wise positive.
- Net Future OI change = +9.8K, Looks positive.
Open Interests
Observations:
OI data suggest market to remain volatile, but heavier on negative side at high levels.
Nifty OI
- Max OI Calls:: 20,400 , 0.59 Cr
- Max OI Puts:: 20,000 , 0.75 Cr
- PCR:: 0.9, Flat to Bullish
Note:: OI suggests support at 20000 , but strong Resistance at 20400.
Banknifty OI
- Max OI Calls:: 45,000 , 0.30 Cr
- Max OI Puts:: 44,500 , 0.24 Cr
- PCR:: 0.8
Note:: OI suggests nominal support at 44500 , but strong Resistance at 45000.