The Nifty closed at 6009.05. Nifty future (Sep.) closed at 6011.65 i.e. at a premium of 2.60 points vs. 13.65 points and shredded -2357000 shares in open interest. The Nifty future (Oct.) closed at 6022.65 i.e. at a premium of 13.60 points vs. 26.85 points and added 1074900 shares in open interest.

Interpretation: The Nifty future prices ended in the green terrain along with shredding of open interest and decline in the cost of carry, this is an indication of some profit booking at higher levels.

OI Concentration Chart Interpretation: From the OI Chart we can see that in September Series addition of open interest on the calls front is seen at strike price of 6100 indicating it as Resistance on the upside whereas on the put options front we have seen addition of open interest at strike price of 5900 indicating it as immediate support on the downside.

On the call options front we have seen addition of open interest in September series at strike price of 6100 and 6200.On the put options front we have seen addition of open interest in September Series at strike price of 6000 and 5900.