From the OI Chart we can see that in July Series maximum addition of open interest on the calls front is existent at strike price of 5500 indicating it as Resistance on the upside whereas on the put options front we have seen addition of open interest at strike price of 5400 indicating it as immediate support on the downside.
The Nifty closed at 5441.95. Nifty future (July) closed at 5453.60 i.e. at a premium of 11.65 points vs. 4.45 points and shredded -1281450 shares in open interest.
The Nifty future (Aug.) closed at 5458.80 i.e. at a premium of 16.85 points vs. 12.15 points and added 918900 shares in open interest.
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- On the call options front we have seen addition of open interest at strike price of 5500.
- On the put options front we have seen addition of open interest at strike price of 5500, 5400.
The Nifty closed at 5441.95. Nifty future (July) closed at 5453.60 i.e. at a premium of 11.65 points vs. 4.45 points and shredded -1281450 shares in open interest.
The Nifty future (Aug.) closed at 5458.80 i.e. at a premium of 16.85 points vs. 12.15 points and added 918900 shares in open interest.
Get All Stock Future Tips, Nifty Future Tips, Stock Option tips from here