Data for 28th December, 2023 Expiry
Charts , Data
FII & DII Data
Observations:
FII & DII data suggest market to remain volatile, selling from the top.
- Outstanding puts is 3.69L against 2.7L calls – Heavier on the bear side.
- Last session FII futures activity – Mixed.
- FII stocks is -2.83K Cr – Does not hold relevance for intraday but swing wise negative.
- Net Future OI change = have risen to +84.7K , Looks positive.
Open Interests
Observations:
OI data suggest market to remain volatile, selling from the top observed.
Nifty OI
- Max OI Calls:: 21500 , 0.83 Cr
- Max OI Puts:: 21000, 1.03 Cr
- PCR:: 1.0
Note:: OI suggests strong support at 21000 , and a Resistance at 21500. Likely to remain volatile.
Banknifty OI
- Max OI Calls:: 48000 , 0.31 Cr
- Max OI Puts:: 46000 , 0.24 Cr
- PCR:: 0.9
Note:: OI suggests a support at 46000 , but Resistance at 48000. Likely to remain volatile