Data for 11th January, 2024 Expiry
Data , Educational
FII & DII Data
Observations:
FII & DII data suggest market to remain volatile and rangebound.
- Outstanding puts is 4L against 3.7L calls – Looks Balanced.
- Last session FII, PRO, Clients & DII activity – Mixed.
- FII stocks is -1.69K Cr – Does not hold relevance for intraday but bullish in long term perspective
- Net Future OI change = have risen to +76.2K , Looks positive.
Open Interests
Observations:
OI data suggest market to remain volatile, Looks like more upside is waiting.
Nifty OI
- Max OI Calls:: 21800 , 0.60 Cr
- Max OI Puts:: 21500, 0.58 Cr
- PCR:: 0.9
Note:: OI suggests strong support at 21500 , and a Resistance at 21800. Likely to remain volatile.
Banknifty OI
- Max OI Calls:: 48500 , 0.27 Cr
- Max OI Puts:: 48000 , 0.24 Cr
- PCR:: 0.7
Note:: OI suggests a support at 48000 , and Resistance at 48500. Likely to remain volatile.