Yesterday the trend was CONFUSION TREND In Sep series Nifty future shed 9.45 lakh position in Open Interest and this accounts to -5.3 % of Total Open Interest in Sep series.The Nifty Sep series is trading at 22.7 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net shed 8.69 lakh position in open interest and this accounts to -4.54 % of Total Open Interest in all series and cumulatively trading in average premium of 51.55 Rs to Underlying. The open interest is also not increasing with trend so be careful..
At current price strike the activity is tilted to put side but writing of call is slightly increasing at 5300 level Yesterday Nifty Put option has added 612.63 lakh position and Nifty call option has added 653.96 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 11.2 crore in value and Nifty call option has added Rs 12.22 crore in value on cumulative basis
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ReplyDeleteThe broader markets also entered into consolidation. About 1,152 shares declined against 881 advancing shares on the BSE.capitalstars