The Nifty future shut shop at 5280.20 losing 17.80 points or -0.21 percent. Nifty future increased 166150 shares in open interest, and came to premium of 33.45 from 20.50 whereas cost of carry is 17.16 vs 8.23, up 108.50 percent. On the options front the OI PCR is 1.37 vs 1.39, whereas the Volume PCR at 1.15 vs.1.17. On the Volatility Front the Indian Volatility Index has ended at 24.89 % vs.24.02% gaining 3.62%.
Nifty Options For Tomorrow-
On the call options front addition of open interest was witnessed in last trading session at strike price of 5400 and 5500.
On the put options front we have seen addition of open interest in last trading session at strike price of 5000 and 5100.
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 5000-5500. On the call option front strike price with the highest open interest i.e 5400 and 5500 may act as resistance on the up side whereas on the put option front strike price with the highest open interest i.e 5000 and 5000 may act as a support on the downside.