On the call options front addition of open interest was witnessed in last trading session at strike price of

5500 and 5600.

On the put options front we have seen addition of open interest in last trading session at strike price of

5200 and 5300.

OI Chart Analysis: From the OI Chart we can see the strike price witnessed highest addition of open

interest in the August Series. In coming sessions market may trade in a range of 5200-5600. On the call

option front strike price with the highest open interest i.e. 5500 and 5600 may act as resistance on the up

side whereas on the put option front strike price with the highest open interest i.e. 5200 and 5300 may act

as a support on the downside.

Markets closed on a flat note amid growth concern after the government released the dismal set of GDP numbers. The Sensex provisionally closed at 17,752.68 up 21.56 points and the Nifty closed at 5385.20 up 9.70 points. Earlier in the day, the markets opened on a firm note and the Sensex touched the high of 18,001.35 in the morning trades.The GDP growth of 6.1% in the third quarter this fiscal, lowest in more than 2 years due to poor performance of the manufacturing, mining and farm sectors was not in line with the street expectations and dampened the investor sentiment. Post this announcement selling pressure was visible in capital goods, FMCG, banking and IT stocks.

Nifty Futures shut stop at 5435 down by -6.50 points or -0.12 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5520 else below support level of 5399 it would be in a downward trend.

April series of F&O contract expired lower by 48.30 points or 0.83%. Earlier, Indian equity market made a decent start taking positive cues from the firm Asian counterparts. But, slipped into the red in the early trade paring all its initial gains due to rise in international crude oil prices and sustained selling witnessed by foreign funds. Afterwards, the benchmark continued to trade range bound till early noon trade as investors remained cautious ahead of the F&O expiry.

The markets had a rough ride as unwinding of positions ahead of April derivatives expiry took a toll on key heavyweights. The Sensex shaved off nearly 300 points from the highs registered at opening bell to end the day at 19,292, lower by 156 points and the Nifty ended at 5785, down 48 points. The midcap index ended at 7168, lower by and the smallcap index ended at   , down  points.

Foreign institutional investors (FIIs) were net sellers of Rs 832.59 crore (provisional) today, according to data released by BSE. While FIIs made gross purchases of Rs 4,257.02 crore, gross sales totalled Rs 5,089.61 crore. Domestic institutional investors (DIIs) were net buyers of Rs 532.60 crore today. While DIIs made gross purchases of Rs 1,868.83 crore, gross sales totalled Rs 1,336.23 crore.