EPIC UPDATE: NIFTY FUTURES

[epicresearch]

 Nifty Futures open interest saw a increase of around 1.79% and
Nifty Futures saw a decrease of around 0.64%: Indicating Short build
up in Nifty.
 India VIX saw a increase of around 2.79%: Indicating negativenes for
the market.
 The PCR for Nifty based on open interest saw a decrease and
stands at 1.09 as compared to 1.12: Indicating negativenes for the
market.
 Nifty Futures is trading at a premium of 9-10 points as compared to
a premium of 13-14 points as of the previous trading day: Indicating
negativenes for the market.
 High put option open interest build up of around 6.7 mn is seen at
5100 strike: Indicating that traders are betting on 5100-5080 to act as
strong support.
 High call option open interest build up of around 8.5 mn is seen at
5300 strike: Indicating that traders are betting on 5300-5320 to act as
strong resistance.
 In call options 5300 strike saw a addition in open interest of around
0.88 mn: Further indicating that 5300 might act as a resistance.
 In put options 5300 strike saw a shedding in open interest of
around 0.58 mn: Further indicating that 5300 might act as a resistance.
 Securities in Ban for Trade are: - ALOKTEXT, HDIL, JETAIRWAYS,