Data for 21st December, 2023 Expiry
Charts , Data
FII & DII Data
Observations:
FII & DII data suggest market to remain volatile, as the market is at all time high:
- Outstanding puts is 1.38L against 0.77k calls – Heavier on the bear side.
- Last session FII futures activity – Positive.
- FII stocks is 9.2K Cr – Does not hold relevance for intraday but swing wise positive.
- Net Future OI change = have risen to +50.1K , Looks positive.
Open Interests
Observations:
OI data suggest market to remain volatile, market at all time high, very bullish.
Nifty OI
- Max OI Calls:: 21500 , 0.73 Cr
- Max OI Puts:: 21000, 0.99 Cr
- PCR:: 1.1
Note:: OI suggests strong support at 21000 , and a Resistance at 21500.
Banknifty OI
- Max OI Calls:: 48000 , 0.28 Cr
- Max OI Puts:: 47000 , 0.31 Cr
- PCR:: 0.9
Note:: OI suggests very strong support at 47000 , but Resistance at 48000. Likely a rangebound between 47,000 & 48,000.