Derivatives update

*Derivatives update*

Good morning !!

Derivatives update for Thursday, 6th July 2023.

India VIX was up by 1.56% from 11.70 to 11.88 levels. Volatility was on the rise and made the index consolidate in a range with slight profit booking.

Nifty *Put/Call Ratio* (OI) decreased from 1.47 to 1.37 level. 

On weekly front, Maximum Call OI is at 19500 then 19400 strike while Maximum Put OI is at 19300 then 19000 strike. Call writing is seen at 19500 then 19550 strike while Put writing is seen at 19350 then 19400 strike.

*Option data suggests a broader trading range in between 19100 to 19600 zones while an immediate trading range in between 19250 to 19500 zones.*

For weekly Bank Nifty, Maximum Put OI is at 45000 then 44500 strike and maximum Call OI is placed at 46500 then 45500 strike. We have seen Call writing at 47000 with unwinding at 45300 and Put writing is witnessed at 45000 strike.

Bank Nifty Put Call Ratio decreased from 1.38 to 1.08. Implied volatility fell from 14.2 to 14 levels.

Bank Nifty (CMP 45,151.80)

Data setup for Bank Nifty suggests a trading range in between *44750/45000 to 45500/45650 zones.*

Looking ahead at the FII’s derivatives activity, there was long built up in index futures, call selling and put unwinding in index options and long built up in stock futures.

In the cash market, FIIs were net buyers to the tune of 1603 crores while DII’s were net sellers worth 439 crores. FIIs Index Long Short Ratio increased to 72.39%.

Derivatives data and price set up suggests, Nifty has to continue to hold above 19300 zones to extend the move towards 19450 and 19500 zones while on the downside support is intact at 19250 and 19100 zones.

Bank Nifty has to continue to hold above 45000 zones for an up move towards 45500 then its recent life high of 45650 zones while on the downside support shift higher at 45000 then 44750 levels.

Thank you. Have a great trading day and weekly expiry ahead..!!

Derivatives update

*Derivatives update*

Good morning !!

Derivatives update for Wednesday, 5th July 2023.

India VIX was up by 1.39% from 11.54 to 11.70 levels. Volatility slightly moved up as index geared its move for new high territory and Call writers are paining with surge in Call IV.

Nifty *Put/Call Ratio* (OI) decreased from 1.48 to 1.47 level. 

On weekly front, Maximum Call OI is at 19400 then 19500 strike while Maximum Put OI is at 19300 then 19000 strike. Minor Call writing is seen at 19400 then 19550 strike while Put writing is seen at 19400 then 19350 strike.

*Option data suggests a broader trading range in between 19100 to 19600 zones while an immediate trading range in between 19250 to 19500 zones.*

For weekly Bank Nifty, Maximum Put OI is at 43000 then 45000 strike and maximum Call OI is placed at 46500 then 47000 strike. We have seen minor Call writing at 47000 with unwinding at 45200 and Put writing is witnessed at 45300 strike.

Bank Nifty Put Call Ratio decreased from 1.40 to 1.38. Implied volatility rose from 13.7 to 14.2 levels.

Bank Nifty (CMP 45,301.45)

Data setup for Bank Nifty suggests a trading range in between *44750/45000 to 45500/45650 zones.*

Looking ahead at the FII’s derivatives activity, there was long built up in index futures, position unwinding in index options and short built up in stock futures.

In the cash market, FIIs were net buyers to the tune of 2134 crores while DII’s were net sellers worth 785 crores. FIIs Index Long Short Ratio increased to 71.89%.

Derivatives data and price set up suggests, Nifty has to continue to hold above 19300 zones to extend the move towards 19450 and 19500 zones while on the downside support shifts higher at 19250 and 19100 zones.

Bank Nifty has to continue to hold above 45000 zones for an up move towards 45500 then its recent life high of 45650 zones while on the downside support shift higher at 45000 then 44750 levels.

Thank you. Have a great trading day ahead..!!

Derivatives update

*Derivatives update*

Good morning !!

Derivatives update for Monday, 3rd July 2023.

India VIX was down by 0.83% from 10.89 to 10.80 levels. Volatility is hovering below 11 zones which is supporting the bulls at record high levels.

Nifty *Put/Call Ratio* (OI) increased from 1.41 to 1.58 level. 

Since it’s the beginning of the new series, Option data is scattered at various far strikes in monthly series. On weekly front, Maximum Call OI is at 19500 then 19200 strike while Maximum Put OI is at 19000 then 19100 strike. Minor Call writing is seen at 19400 then 19500 strike while Put writing is seen at 19100 then 19000 strike.

*Option data suggests a broader trading range in between 18800 to 19500 zones while an immediate trading range in between 19000 to 19350 zones.*

For weekly Bank Nifty, Maximum Put OI is at 44500 then 43000 strike and maximum Call OI is placed at 44500 then 45000 strike. We have seen minor Call writing at 44800 and Put writing is witnessed at 44500 strike as well.

Bank Nifty Put Call Ratio increased from 1.19 to 1.40. Implied volatility rose from 12.40 to 12.67 levels.

Bank Nifty (CMP 44,747.35)

Data setup for Bank Nifty suggests a trading range in between *44250/44444 to 45000/45250 zones.*

Looking ahead at the FII’s derivatives activity, there was long built up in index futures, call buying & put selling in index options and long built up in stock futures.

In the cash market, FIIs were net buyers to the tune of 6397 crores while DII’s were net buyers worth 1198 crores. FIIs Index Long Short Ratio increased to 69.21%.

Derivatives data and price set up suggests, Nifty has to continue to hold above 19100 zones to extend the move towards 19300 and 19500 zones while on the downside support exists at 19000 and 18888 zones.

Bank Nifty has to hold above 44500 zones for an up move towards 45000 then new high of 45250 zones while on the downside support is seen at 44444 then 44250 levels.

Thank you. Have a great trading day and weekend ahead..!!

Derivatives update

*Derivatives update*

Good morning !!

Derivatives update for Friday, 30th June 2023.

India VIX was up by 1% from 10.78 to 10.88 levels. Volatility is holding below 11 zones which is supporting the bulls.  

Nifty *Put/Call Ratio* (OI) increased from 1.21 to 1.41 level. 

Since it’s the beginning of the new series, Option data is scattered at various far strikes in monthly series. On weekly front, Maximum Call OI is at 19200 then 19300 strike while Maximum Put OI is at 18900 then 18800 strike. Minor Call writing is seen at 19300 then 19200 strike while Put writing is seen at 18900 then 18800 strike.

*Option data suggests a broader trading range in between 18600 to 19300 zones while an immediate trading range in between 18750 to 19200 zones.*

For weekly Bank Nifty, Maximum Put OI is at 44000 then 43000 strike and maximum Call OI is placed at 44500 then 45000 strike. We have seen minor Call writing at 44500 and Put writing is witnessed at 44500 strike as well.

Bank Nifty Put Call Ratio decreased from 1.46 to 1.19. Implied volatility rose from 12.04 to 12.40 levels.

Bank Nifty (CMP 44,327.8)

Data setup for Bank Nifty suggests a trading range in between *44044/44250 to 44500/44750 zones.*

Looking ahead at the FII’s derivatives activity, there was position unwinding in index futures, index options and stock futures.

In the cash market, FIIs were net buyers to the tune of 12350 crores while DII’s were net sellers worth 1021 crores. FIIs Index Long Short Ratio increased to 66.42%.

Derivatives data and price set up suggests, Nifty has to continue to hold above 18888 zones to extend the move towards 19200 and 19250 zones while on the downside support exists at 18888 and 18777 zones.

Bank Nifty has to hold above 44250 zones for an up move towards 44500 then new life high of 44750 zones while on the downside support is seen at 44250 then 44044 levels.

Thank you. Have a great trading day and weekend ahead..!!

Derivatives update

*Derivatives update*

Good morning !!

Derivatives update for Tuesday, 27th June 2023.

India VIX was up by 1.38% from 11.24 to 11.39 levels. Volatility was slightly on the rise but overall lower levels is keeping the market choppy in a smaller range.

Nifty *Put/Call Ratio* (OI) remained unchanged at 0.93 level. 

On option front, monthly maximum Call OI is at 18800 then 18700 strike while maximum Put OI is at 18700 then 18600 strike. Call writing is seen at 18700 then 18950 strike while Put writing is seen at 18600 then 18650 strike.

*Option data suggests a shift in lower trading range in between 18500 to 19000 zones while an immediate trading range in between 18550 to 18800 zones.*

For weekly Bank Nifty, Maximum Put OI is at 43500 then 43000 strike and maximum Call OI is placed at 44000 then 45500 strike. We have seen minor Call writing at 44200 and Put writing is witnessed at 43600 strike.

Bank Nifty Put Call Ratio decreased from 0.88 to 0.84. Implied volatility fell from 11.69 to 12.26 levels.

Bank Nifty (CMP 43,641)

Data setup for Bank Nifty suggests a trading range in between *43250/43333 to 43800/44044 zones.*

Looking ahead at the FII’s derivatives activity, there was long built up in index futures, call & put selling in index options and short covering in stock futures.

In the cash market, FIIs were net sellers to the tune of 409 crores while DII’s were net buyers worth 250 crores. FIIs Index Long Short Ratio decreased to 53.26%.

Derivatives data and price set up suggests, Nifty has to hold above 18666 zones to witness an up move towards 18750 then 18888 zones while on the downside support exists at 18550 and 18500 zones.

Bank Nifty has to continue to hold above 43500 zones for a bounce towards 43800 then 44044 zones while a hold below the same could see some weakness towards 43333 and 43250 marks.

Thank you. Have a great trading day ahead..!!

Derivatives update

*Derivatives update*

Good morning !!

Derivatives update for Friday, 23rd June 2023.

India VIX was up by 2.28% from 11.29 to 11.54 levels. Volatility was slightly on the rise and came out of its range on daily frame.

Nifty *Put/Call Ratio* (OI) decreased from 1.18 to 1.11 level. 

On option front, monthly maximum Call OI is at 18800 then 19000 strike while maximum Put OI is at 18800 then 18700 strike. Call writing is seen at 18800 then 18900 strike while Put writing is seen at 18800 then 18700 strike.

*Option data suggests a shift in broader trading range in between 18550 to 19000 zones while an immediate trading range in between 18650 to 18900 zones.*

For weekly Bank Nifty, Maximum Put OI is at 43000 then 43500 strike and maximum Call OI is placed at 44000 then 45000 strike. We have seen minor Call writing at 44000 and Put writing is witnessed at 43000 strike.

Bank Nifty Put Call Ratio decreased from 0.95 to 0.85. Implied volatility fell from 12.67 to 12.58 levels.

Bank Nifty (CMP 43,724.85)

Data setup for Bank Nifty suggests a trading range in between *43333/43500 to 44044/44250 zones.*

Looking ahead at the FII’s derivatives activity, there was long built up in index futures, position unwinding in index options and long built up in stock futures.

In the cash market, FIIs were net sellers to the tune of 693 crores while DII’s were net buyers worth 219 crores. FIIs Index Long Short Ratio increased to 53.47%.

Derivatives data and price set up suggests, Nifty has to hold above 18777 zones to witness an up move towards 18888 then 19000 zones while on the downside support exists at 18710 and 18666 zones.

Bank Nifty has to cross and hold above 43750 zones for a bounce towards 44044 then 44250 zones while a hold below the same could see some weakness towards 43500 then 43333 marks.

Thank you. Have a great trading day and weekend.

Derivatives update

*Derivatives update*

Good morning !!

Derivatives update for Thursday, 22nd June 2023.

India VIX was up by 1.44% from 11.13 to 11.29 levels. Volatility was slightly on the rise but moved in its previous day’s range. It has been hovering in a rather smaller range from the last few weeks.

Nifty *Put/Call Ratio* (OI) increased from 1.16 to 1.18 level. 

On option front, weekly maximum Call OI is at 19000 then 18900 strike while maximum Put OI is at 18800 then 18700 strike. Call writing is seen at 18900 then 19000 strike while Put writing is seen at 18800 then 18850 strike.

*Option data suggests a shift in broader trading range in between 18600 to 19000 zones while an immediate trading range in between 18700 to 18950 zones.*

For weekly Bank Nifty, Maximum Put OI is at 43500 then 43700 strike and maximum Call OI is placed at 44000 then 45000 strike. We have seen minor Call writing at 44000 and Put writing is witnessed at 43700 strike.

Bank Nifty Put Call Ratio increased from 0.92 to 0.95. Implied volatility fell from 12.69 to 12.67 levels.

Bank Nifty (CMP 43,859.20)

Data setup for Bank Nifty suggests a trading range in between *43333/43500 to 44044/44250 zones.*

Looking ahead at the FII’s derivatives activity, there was long liquidation in index futures, call & put selling in index options and short built up in stock futures.

In the cash market, FIIs were net buyers to the tune of 4013 crores while DII’s were net buyers worth 550 crores. FIIs Index Long Short Ratio increased to 52.70%.

Derivatives data and price set up suggests, Nifty has to hold above 18818 zones to witness an up move towards 18888 and 19000 zones while on the downside support exists at 18786 and 18710 zones.

Bank Nifty has to continue to hold above 43750 zones for a bounce toward 44044 then 44250 zones while on the downside support 43500 then 43333 marks.

Thank you. Have a great trading day and weekly expiry ahead..!!

Derivatives update

*Derivatives update*

Good morning !!

Derivatives update for Wednesday, 21st June 2023.

India VIX was down by 0.78% from 11.22 to 11.13 levels. Volatility fell and comforted the bulls at support zones. It has been hovering in a small range from the last few weeks.

Nifty *Put/Call Ratio* (OI) increased from 0.98 to 1.16 level. 

On option front, weekly maximum Call OI is at 19000 then 18900 strike while maximum Put OI is at 18700 then 18800 strike. Call writing is seen at 18950 then 19000 strike while Put writing is seen at 18800 then 18700 strike.

*Option data suggests a shift in broader trading range in between 18550 to 19000 zones while an immediate trading range in between 18650 to 18900 zones.*

For weekly Bank Nifty, Maximum Put OI is at 43500 then 43400 strike and maximum Call OI is placed at 44000 then 45000 strike. We have seen minor Call writing at 44300 with unwinding at 43700 and Put writing is witnessed at 43500 strike.

Bank Nifty Put Call Ratio increased from 0.75 to 0.92. Implied volatility fell from 12.8 to 12.7 levels.

Bank Nifty (CMP 43,766.50)

Data setup for Bank Nifty suggests a trading range in between *43333/43500 to 44044/44250 zones.*

Looking ahead at the FII’s derivatives activity, there was short covering in index futures, position unwinding in index options and short built up in stock futures.

In the cash market, FIIs were net sellers to the tune of 1943 crores while DII’s were net buyers worth 1973 crores. FIIs Index Long Short Ratio increased to 52.02%.

Derivatives data and price set up suggests, Nifty has to hold above 18777 zones to witness an up move towards 18888 and 19000 zones while on the downside support exists at 18710 and 18666 zones.

Bank Nifty has to hold above 43750 zones for a bounce toward 44044 then 44250 zones while on the downside support 43500 then 43333 marks.

Thank you. Have a great trading day ahead..!!

Derivatives update

*Derivatives update*

Good morning !! Derivatives update for Monday, 19th June 2023.

India VIX was down by 2.17% from 11.08 to 10.84 levels. Volatility sunk lower and supported the bulls at record high index levels.   

Nifty *Put/Call Ratio* (OI) increased from 1.13 to 1.29 level. 

On option front, weekly maximum Call OI is at 18800 then 19000 strike while maximum Put OI is at 18700 then 18800 strike. Call writing is seen at 19100 then 19000 strike while Put writing is seen at 18800 then 18700 strike.

*Option data suggests a shift in broader trading range in between 18550 to 19000 zones while an immediate trading range in between 18700 to 18900 zones.*

For weekly Bank Nifty, Maximum Put OI is at 44000 then 43500 strike and maximum Call OI is placed at 44000 then 45500 strike. We have seen Call writing at 45500 with unwinding at 43600 and Put writing is witnessed at 43700 strike.

Bank Nifty Put Call Ratio increased from 0.66 to 0.99. Implied volatility fell from 13.9 to 12.2 levels.

Bank Nifty (CMP 43,938.15)

Data setup for Bank Nifty suggests a trading range in between *43500/43750 to 44144/44250 zones.*

Looking ahead at the FII’s derivatives activity, there was long built up in index futures, call buying & out selling in index options and long built up in stock futures.

In the cash market, FIIs were net buyers to the tune of 795 crores while DII’s were net buyers worth 681 crores. FIIs Index Long Short Ratio increased to 55.13%.

Derivatives data and price set up suggests, Nifty has to hold above 18777 zones to witness an up move towards 18888 and 19000 zones while on the downside support exists at 18710 and 18676 zones.

Bank Nifty has to hold above 43750 zones for a bounce towards 44144 then 44250 levels while on the downside support is seen at 43750 then 43500 zones.

Thank you. Have a great trading day and week ahead..!!

Derivatives update

*Derivatives update*

Good morning !! Derivatives update for Monday, 19th June 2023.

India VIX was down by 2.17% from 11.08 to 10.84 levels. Volatility sunk lower and supported the bulls at record high index levels.   

Nifty *Put/Call Ratio* (OI) increased from 1.13 to 1.29 level. 

On option front, weekly maximum Call OI is at 18800 then 19000 strike while maximum Put OI is at 18700 then 18800 strike. Call writing is seen at 19100 then 19000 strike while Put writing is seen at 18800 then 18700 strike.

*Option data suggests a shift in broader trading range in between 18550 to 19000 zones while an immediate trading range in between 18700 to 18900 zones.*

For weekly Bank Nifty, Maximum Put OI is at 44000 then 43500 strike and maximum Call OI is placed at 44000 then 45500 strike. We have seen Call writing at 45500 with unwinding at 43600 and Put writing is witnessed at 43700 strike.

Bank Nifty Put Call Ratio increased from 0.66 to 0.99. Implied volatility fell from 13.9 to 12.2 levels.

Bank Nifty (CMP 43,938.15)

Data setup for Bank Nifty suggests a trading range in between *43500/43750 to 44144/44250 zones.*

Looking ahead at the FII’s derivatives activity, there was long built up in index futures, call buying & out selling in index options and long built up in stock futures.

In the cash market, FIIs were net buyers to the tune of 795 crores while DII’s were net buyers worth 681 crores. FIIs Index Long Short Ratio increased to 55.13%.

Derivatives data and price set up suggests, Nifty has to hold above 18777 zones to witness an up move towards 18888 and 19000 zones while on the downside support exists at 18710 and 18676 zones.

Bank Nifty has to hold above 43750 zones for a bounce towards 44144 then 44250 levels while on the downside support is seen at 43750 then 43500 zones.

Thank you. Have a great trading day and week ahead..!!

Derivatives update

*Derivatives update*

Good morning !!

Derivatives update for Thursday, 15th June 2023.

India VIX was up by 0.47% from 11.11 to 11.16 levels. Volatility was slightly high but overall lower levels have supported the bulls at higher zones.

Nifty *Put/Call Ratio* (OI) increased from 1.13 to 1.23 level. 

On option front, weekly maximum Call OI is at 18900 then 18800 strike while maximum Put OI is at 18700 then 18600 strike. Minor Call writing is seen at 18850 then 18900 strike while meaningful Put writing is seen at 18700 then 18750 strike.

*Option data suggests a broader trading range in between 18500 to 18900 zones while an immediate trading range in between 18650 to 18850 zones.*

For weekly Bank Nifty, Maximum Put OI is at 44000 then 42500 strike and maximum Call OI is placed at 44000 then 44200 strike. We have seen minor Call writing at 44000 and Put writing is witnessed at 44000 strike as well.

Bank Nifty Put Call Ratio decreased from 0.87 to 0.73. Implied volatility rose from 12.5 to 12.8 levels.

Bank Nifty (CMP 43,988)

Data setup for Bank Nifty suggests a trading range in between *43750/43900 to 44250/44500 zones.*

Looking ahead at the FII’s derivatives activity, there was long built up in index futures, call & put selling in index options and short built up in stock futures.

In the cash market, FIIs were net buyers to the tune of 1715 crores while DII’s were net sellers worth 655 crores. FIIs Index Long Short Ratio increased to 53.82%.

Derivatives data and price set up suggests, Nifty has to hold above 18676 zones to witness an up move towards 18888 and 19000 zones while on the downside support exists at 18676 and 18636 zones.

Bank Nifty has to hold above 44044 zones for an up move towards 44250 then 44500 zones while on the downside support is seen at 43900 then 43750 levels.

Thank you. Have a great trading day and weekly expiry ahead..!!

Derivatives update

*Derivatives update*

Good morning !!

Derivatives update for Monday, 12th June 2023.

India VIX was down by 1.22% from 11.25 to 11.12 levels. Volatility has been sinking from the last four weeks and has dried up which is creating swings within a smaller range in the index.

Nifty *Put/Call Ratio* (OI) decreased from 1.06 to 0.84 level. 

On option front, weekly maximum Call OI is at 18700 then 18800 strike while maximum Put OI is at 18600 then 18500 strike. Call writing is seen at 18600 then 18700 strike while Put writing is seen at 18600 then 18500 strike.

*Option data suggests a broader trading range in between 18400 to 18900 zones while an immediate trading range in between 18450 to 18750 zones.*

For weekly Bank Nifty, Maximum Put OI is at 44000 then 42500 strike and maximum Call OI is placed at 44000 then 46000 strike. We have seen Call writing 44000 and Put writing is witnessed at 42500 strike as well.

Bank Nifty Put Call Ratio remained unchanged at 0.77. Implied volatility fell from 13.3 to 12.2 levels.

Bank Nifty (CMP 43,989)

Data setup for Bank Nifty suggests a trading range in between *43500/43750 to 44250/44500 zones.*

Looking ahead at the FII’s derivatives activity, there was long liquidation in index futures, call selling & put buying in index options and short built up in stock futures.

In the cash market, FIIs were net sellers to the tune of 309 crores while DII’s were net buyers worth 1246 crores. FIIs Index Long Short Ratio decreased to 46.09%.

Derivatives data and price set up suggests, till Nifty holds below 18676, some weakness could be seen towards 18442 and 18350 zones while hurdles are placed at 18676 and 18777 zones.

Bank Nifty has cross and hold above 44044 zones for an up move towards 44250 then 44500 zones while on the downside support is seen at 43750 then 43500 levels.

Thank you. Have a great trading day and week ahead..!!

Derivatives update

*Derivatives update*

Good morning !!

Derivatives update for Friday, 9th June 2023.

India VIX was down by 1.60% from 11.44 to 11.25 levels. Volatility sunk to 10 zones during the day and comforted the bull at higher zone but was followed by a slight rise.

Nifty *Put/Call Ratio* (OI) decreased from 1.38 to 1.06 level. 

On option front, weekly maximum Call OI is at 18700 then 18800 strike while maximum Put OI is at 18700 then 18600 strike. Call writing is seen at 18700 then 18800 strike while Put writing is seen at 18700 then 18500 strike.

*Option data suggests a broader trading range in between 18450 to 18900 zones while an immediate trading range in between 18550 to 18800 zones.*

For weekly Bank Nifty, Maximum Put OI is at 44000 then 43500 strike and maximum Call OI is placed at 44000 then 44500 strike. We have seen Call writing 44000 and Put writing is witnessed at 44000 strike as well.

Bank Nifty Put Call Ratio decreased from 0.95 to 0.77. Implied volatility rose from 12.7 to 13.3 levels.

Bank Nifty (CMP 43,995.25)

Data setup for Bank Nifty suggests a trading range in between *43500/43750 to 44250/44500 zones.*

Looking ahead at the FII’s derivatives activity, there was short built up in index futures, position unwinding in index options and long liquidation in stock futures.

In the cash market, FIIs were net buyers to the tune of 212 crores while DII’s were net sellers worth 405 crores. FIIs Index Long Short Ratio decreased to 48.20%.

Derivatives data and price set up suggests, Nifty has to cross and hold above 18666 zones to witness an up move towards 18786 and 18888 zones while on the downside support exists at 18580 and 18530 zones.

Bank Nifty has to cross and hold above 44044 zones for an up move towards 44250 then 44500 zones while on the downside support is seen at 43750 then 43500 levels.

Thank you. Have a great trading day and weekend ahead..!!

Derivatives update

*Derivatives update*

Good morning 

Derivatives update for Thursday, 8th June 2023.

India VIX was up by 0.55% from 11.38 to 11.44 levels. Volatility sunk below 10 zones during the day but finally closed a tad bit higher but overall comforted the bull for the fresh leg of rally in the index.

Nifty *Put/Call Ratio* (OI) increased from 1.01 to 1.38 level. 

On option front, weekly maximum Call OI is at 18800 then 18700 strike while maximum Put OI is at 18600 then 18500 strike. Call writing is seen at 18850 then 18900 strike while Put writing is seen at 18700 then 18650 strike.

*Option data suggests a broader trading range in between 18450 to 18900 zones while an immediate trading range in between 18600 to 18800 zones.*

For weekly Bank Nifty, Maximum Put OI is at 44000 then 44200 strike and maximum Call OI is placed at 44500 then 44300 strike. We have seen Call writing 44500 and Put writing is witnessed at 44300 strike. 

Bank Nifty Put Call Ratio decreased from 0.97 to 0.95. Implied volatility rose from 12.6 to 12.7 levels.

Bank Nifty (CMP 44,275.30)

Data setup for Bank Nifty suggests a trading range in between *43750/44044 to 44500/44750 zones.*

Looking ahead at the FII’s derivatives activity, there was long built up in index futures, call buying & put selling in index options and long built up in stock futures.

In the cash market, FIIs were net buyers to the tune of 1383 crores while DII’s were net buyers worth 392 crores. FIIs Index Long Short Ratio increased to 49.51%.

Derivatives data and price set up suggests, Nifty has to continue to hold above 18666 zones to witness an up move towards 18800 and 18888 zones while on the downside support exists at 18636 and 18580 zones.

Bank Nifty has to continue to hold above 44144 zones for an up move towards 44500 then 44750 zones while on the downside support exists at 44044 and 43750 zones.

Thank you. Have a great trading day and expiry ahead..!!

Derivatives update

*Derivatives update*

Derivatives update for Wednesday, 7th June 2023.

India VIX was up by 2.15% from 11.12 to 11.38 levels. Volatility negated its lower highs formation on daily frame but overall lower levels is keeping the index in a smaller range.

Nifty *Put/Call Ratio* (OI) increased from 1 to 1.01 level. 

On option front, weekly maximum Call OI is at 18600 then 18800 strike while maximum Put OI is at 18500 then 18600 strike. Call writing is seen at 18750 then 18800 strike while Put writing is seen at 18550 then 18400 strike.

*Option data suggests a broader trading range in between 18300 to 18800 zones while an immediate trading range in between 18450 to 18700 zones.*

For weekly Bank Nifty, Maximum Put OI is at 44000 then 42000 strike and maximum Call OI is placed at 44200 then 45500 strike. We have seen Call writing 45500 with significant unwinding at 44000 and Put writing is witnessed at 44100 strike. 

Bank Nifty Put Call Ratio increased from 0.87 to 0.97. Implied volatility fell from 12.8 to 12.6 levels.

Bank Nifty (CMP 44164.55)

Data setup for Bank Nifty suggests a trading range in between *43750/44000 to 44500/44750 zones.*

Looking ahead at the FII’s derivatives activity, there was long liquidation in index futures, position unwinding in index options and short built up in stock futures.

In the cash market, FIIs were net buyers to the tune of 386 crores while DII’s were net sellers worth 489 crores. FIIs Index Long Short Ratio decreased to 46.19%.

Derivatives data and price set up suggests, Nifty has to continue to hold above 18580 zones to witness an up move towards 18666 and 18750 zones while on the downside support exists at 18480 and 18442 zones.

Bank Nifty has to continue to hold above 44044 for an up move towards 44500 then 44750 zones while on the downside support exists at 44000 and 43750 zones.

Derivatives update

*Derivatives update*

Good morning !! 

Derivatives update for Monday, 5th June 2023.

India VIX was down by 4.09% from 11.59 to 11.12 levels. Volatility has been cooling off and thus in turn creating swings within a smaller range in the indices making it choppy for most part of the session.

Nifty *Put/Call Ratio* (OI) decreased from 1 to 0.95 level. 

On option front, weekly Maximum Call OI is at 18600 then 18500 strike while Maximum Put OI is at 18500 then 18400 strike. Call writing is seen at 18600 then 18800 strike while Put writing is seen at 18500 then 18300 strike.

*Option data suggests a broader trading range in between 18200 to 18800 zones while an immediate trading range in between 18300 to 18700 zones.*

For weekly Bank Nifty, Maximum Put OI is at 44000 then 43000 strike and maximum Call OI is placed at 44000 then 46000 strike. We have seen Call writing 46000 and Put writing is witnessed at 41500 strike. 

Bank Nifty Put Call Ratio increased from 0.76 to 0.80. Implied volatility fell from 14.3 to 12.7 levels.

Bank Nifty (CMP 43,937.85)

Data setup for Bank Nifty suggests a trading range in between *43500/43750 to 44250/44500 zones.*

Looking ahead at the FII’s derivatives activity, there was long built up in index futures, call & put buying in index options and short covering in stock futures.

In the cash market, FIIs were net sellers to the tune of 658 crores while DII’s were net buyers worth 582 crores. FIIs Index Long Short Ratio increased to 47.55%.

Derivatives data and price set up suggests, Nifty has to hold support of 18442 zones to witness an up move towards 18666 and 18750 zones while on the downside support exists at 18442 and 18333 zones.

Bank Nifty has to cross and hold above 44044 for an up move towards 44250 then 44500 zones while on the downside support exists at 43750 and 43500 zones.

Thank you. Have a great trading day and week ahead..!!

Derivatives update

*Derivatives update*

Good morning !! 

Derivatives update for Thursday, 1st June 2023.

India VIX was down by 0.31% from 12.01 to 11.97 levels. Volatility hovered around the same range giving some comfort to the bulls to buy at any small decline.

Nifty *Put/Call Ratio* (OI) decreased from 1.32 to 0.99 level. 

On option front, weekly Maximum Call OI is at 18600 then 18700 strike while Maximum Put OI is at 18500 then 18400 strike. Call writing is seen at 18600 then 18500 strike while Put writing is seen at 18500 then 18350 strike.

*Option data suggests a broader trading range in between 18300 to 18800 zones while an immediate trading range in between 18450 to 18700 zones.*

For weekly Bank Nifty, Maximum Put OI is at 43500 then 44000 strike and maximum Call OI is placed at 44500 then 45000 strike. We have seen significant Call writing 44200 and Put writing is also witnessed at 43500 with significant unwinding at 44500 strike. 

Bank Nifty Put Call Ratio decreased from 1.22 to 0.82. Implied volatility rose from 13.41 to 13.43 levels.

Bank Nifty (CMP 44,128.15)

Data setup for Bank Nifty suggests a trading range in between *43600/43850 to 44500/44750 zones.*

Looking ahead at the FII’s derivatives activity, there was long liquidation in index futures, call & put buying in index options and short built up in stock futures.

In the cash market, FIIs were net buyers to the tune of 3406 crores while DII’s were net sellers worth 2529 crores. FIIs Index Long Short Ratio decreased to 53.92%.

Derivatives data and price set up suggests, Nifty has to hold above 18500 zones, for an up move towards 18666 and 18888 zones while on the downside support exists at 18442 and 18333 zones.

Bank Nifty has to continue to hold above 44144 zones for an up move towards 44500 then new life high of 44750 zones while on the downside support exists at 43850 then 43600 zones.

Thank you. Have a great trading day and weekly expiry ahead..!!

Derivatives update

*Derivatives update*

Good morning !!

Derivatives update for Wednesday, 31st May 2023.

India VIX was down by 2.36% from 12.29 to 12.01 levels. Volatility was down thus giving some comfort to the bulls to buy at any small decline at record high index levels.

Nifty *Put/Call Ratio* (OI) marginally decreased from 1.33 to 1.32 level. 

On weekly front, Maximum Call OI is at 18800 then 18700 strike while Maximum Put OI is at 18300 then 18600 strike. Minor Call writing is seen at 18850 then 18650 strike while Put writing is seen at 18600 then 18650 strike.

*Option data suggests a broader trading range in between 18400 to 18800 zones while an immediate trading range in between 18500 to 18750 zones.*

For weekly Bank Nifty, Maximum Put OI is at 44500 then 44000 strike and maximum Call OI is placed at 44500 then 46000 strike. We have seen Call writing 44500 and Put writing is also witnessed at 44500 strike. 

Bank Nifty Put Call Ratio increased from 1.10 to 1.22. Implied volatility fell from 13.9 to 13.4 levels.

Bank Nifty (CMP 44,436.35)

Data setup for Bank Nifty suggests a trading range in between *44000/44144 to 44750/45000 zones.*

Looking ahead at the FII’s derivatives activity, there was long built up in index futures, position unwinding in index options and short built up in stock futures.

In the cash market, FIIs were net buyers to the tune of 2086 crores while DII’s were net sellers worth 439 crores. FIIs Index Long Short Ratio increased to 60.77%.

Derivatives data and price set up suggests, Nifty has to hold above 18550 zones, for an up move towards 18750 and 18888 zones while on the downside support exists at 18550 and 18442 zones.

Bank Nifty has to continue to hold above 44144 zones for an up move towards 44750 then new life high of 45000 zones while on the downside support exists at 44144 then 44000 zones.

Thank you. Have a great trading day ahead..!!

Derivatives update 25 May 2023

*Derivatives update*

Good morning !! Derivatives update for Thursday, 25th May 2023.

India VIX was up by 4.07% from 12.60 to 13.11 levels. Volatility has been rising from the last three sessions and causing swings in the market.

Nifty *Put/Call Ratio* (OI) decreased from 1.20 to 1.01 level. 

On Option front, monthly maximum Call OI is at 18400 then 18500 strike while maximum Put OI is at 18300 then 18200 strike. Call writing is seen at 18400 then 18300 strike while Put writing is seen at 18200 then 18300 strike.

*Option data suggests an immediate trading range in between 18150 to 18400 zones.*

For weekly Bank Nifty, Maximum Put OI is at 43500 then 43000 strike and maximum Call OI is placed at 44000 then 45000 strike. We have seen significant Call writing 43900 and Put writing is witnessed at 43500 and unwinding at 44000 strike. 

Bank Nifty Put Call Ratio decreased from 0.98 to 0.76 Implied volatility rose from 14.02 to 14.04 levels.

Bank Nifty (CMP 43,677.85)

Data setup for Bank Nifty suggests a trading range in between *43333/43500 to 44144/44250 zones.*

Looking ahead at the FII’s derivatives activity, there was short built up in index futures, call selling & put buying in index options and long built up in stock futures.

In the cash market, FIIs were net buyers to the tune of 1186 crores while DII’s were net buyers worth 301 crores. FIIs Index Long Short Ratio decreased to 49.12%.

Derivatives data and price set up suggests, Nifty has to hold above 18281 zones, for a bounce towards 18400 and 18442 zones while on the downside support exists at 18181 and 18081 zones.

Bank Nifty has to hold above 43750 zones for a bounce towards 44144 then 44250 zones while a hold below the same could see some weakness towards 43500 then 43333 marks.

Thank you. Have a great trading day and monthly expiry ahead..!!

Derivatives update

*Derivatives update*

Good morning !! Derivatives update for Monday, 20 May 2023.

India VIX was down by 3.91% from 12.79 to 12.30 levels. Volatility sunk during the day and paved way for the bulls in the market at support zones.

Nifty *Put/Call Ratio* (OI) increased from 0.93 to 1.01 level. 

On Option front, monthly Maximum Call OI is at 18200 then 18500 strike while Maximum Put OI is at 18200 then 18000 strike. Call writing is seen at 18450 then 18400 strike while minor Put writing is seen at 18100 then 18000 strike.

*Option data suggests a broader trading range in between 17900 to 18400 zones while an immediate trading range in between 18050 to 18350 zones.*

For weekly Bank Nifty, Maximum Put OI is at 43000 then 44000 strike and maximum Call OI is placed at 44000 then 44500 strike. We have seen Call writing 46000 and Put writing is witnessed at 44000 strike. 

Bank Nifty Put Call Ratio increased from 1.01 to 1.15. Implied volatility fell from 14.4 to 13.2 levels.

Bank Nifty (CMP 43,969.4)

Data setup for Bank Nifty suggests a trading range in between *43333/43500 to 44144/44250 zones.*

Looking ahead at the FII’s derivatives activity, there was short built up in index futures, call & put selling in index options and long built up in stock futures.

In the cash market, FIIs were net sellers to the tune of 113 crores while DII’s were net buyers worth 1071 crores. FIIs Index Long Short Ratio decreased to 47.64%.

Derivatives data and price set up suggests, Nifty has to hold above 18181 zones, for an up move towards 18333 and 18442 zones while on the downside supports exist at 18081 and 18018 zones.

Bank Nifty has to hold above 43750 zones for an up move towards 44144 then 44250 zones while on the downside support is seen at 43500 then 43333 levels.

Thank you. Have a great trading day and week ahead..!!