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The Nifty futures’ open interest decreased by 2.51%
while Minifty futures’ open interest increased by 1.61%
as market closed at 6066.05 levels.
The Nifty Oct future closed at a premium of 23.70
points, against a premium of 33.65 points in the last
trading session. On the other hand, Nov future closed
at a premium of 50.15 points.
The PCR-OI decreased from 1.27 to 1.20 points.
The Implied volatility of At-the-money options
remained at 18.00%.
The total OI of the market is `1,89,918cr and the
stock futures OI is `53,794cr.
Rollover for Nifty futures is 17.88%, Minifty futures is
31.38%, while market-wide rollover is 21.94%.
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FIIs have formed some short positions in the stock
futures. They were net buyers of `584cr in the cash
market segment.
In the last trading session, 6100 and 6200 call
options added substantial open interest. On the
other hand, unwinding was observed in the 5900
and 6100 put options.
OPTOCIRCUI added around 50% open interest in
the past few trading sessions. We may see a
positive move in the stock due to short covering. It is
advisable to form long for the target of `315. Keep
a stop loss of `292.
INDIACEM has its immediate support around `112.
Negative move up to the support can be used to
trade with positive bias for the target of `120 with a
stop loss of `108.
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