Nifty & Stock F&O Review – Daily Basis
Posted: Tue Sep 28, 2010 5:41 am
Source - http://www.futures-option-tips.blogspot.com/
The Nifty closed at 6035.65. Nifty future (Sep.) closed at 6053.80 i.e. at a premium of 18.15 points vs. 16.25
points and shredded -5586750 shares in open interest.
The Nifty future (Oct.) closed at 6070.60 i.e. at a premium of 34.95 points vs. 30.25 points and added 3284900 shares in open interest.
Interpretation: The Nifty future prices ended in the positive terrain but off days high along with overall shredding
of open interest and increase in the cost of carry, this is an indication of long closure at higher levels.
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 5800.
OI Concentration Chart Interpretation: From the OI Chart we can see that in October Series addition of open
interest on the calls front is seen at strike price of 6100-6200 indicating it as Resistance zone on the upside whereas
on the put options front we have seen addition of open interest at strike price of 6000-5800 indicating it as
immediate support zone on the downside.
Source - http://www.futures-option-tips.blogspot.com/
The Nifty closed at 6035.65. Nifty future (Sep.) closed at 6053.80 i.e. at a premium of 18.15 points vs. 16.25
points and shredded -5586750 shares in open interest.
The Nifty future (Oct.) closed at 6070.60 i.e. at a premium of 34.95 points vs. 30.25 points and added 3284900 shares in open interest.
Interpretation: The Nifty future prices ended in the positive terrain but off days high along with overall shredding
of open interest and increase in the cost of carry, this is an indication of long closure at higher levels.
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 5800.
OI Concentration Chart Interpretation: From the OI Chart we can see that in October Series addition of open
interest on the calls front is seen at strike price of 6100-6200 indicating it as Resistance zone on the upside whereas
on the put options front we have seen addition of open interest at strike price of 6000-5800 indicating it as
immediate support zone on the downside.
Source - http://www.futures-option-tips.blogspot.com/