Nifty 17469.75 (1.71%)
Sensex 58649.68 (1.76%)
Nifty Bank 37284.7 (1.82%)
Nifty IT 35959.05 (1.95%)
Nifty Financial Services 18284.95 (1.70%)
Adani Ports 761.40 (2.24%)
Asian Paints 3108.50 (2.58%)
Axis Bank 697.10 (1.47%)
B P C L 391.15 (0.86%)
Bajaj Auto 3332.05 (1.39%)
Bajaj Finance 7361.50 (3.64%)
Bajaj Finserv 17621.65 (3.00%)
Bharti Airtel 715.15 (2.33%)
Britannia Inds. 3575.75 (2.92%)
Cipla 897.95 (0.98%)
Coal India 150.90 (0.17%)
Divis Lab. 4604.95 (-0.43%)
Dr Reddys Labs 4570.70 (1.11%)
Eicher Motors 2505.55 (1.37%)
Grasim Inds 1716.25 (1.82%)
H D F C 2853.00 (1.26%)
HCL Technologies 1171.60 (1.91%)
HDFC Bank 1553.80 (1.84%)
HDFC Life Insur. 686.40 (-1.15%)
Hero Motocorp 2490.65 (1.17%)
Hind. Unilever 2340.60 (0.82%)
Hindalco Inds. 457.45 (3.38%)
I O C L 120.40 (-0.17%)
ICICI Bank 753.40 (2.55%)
IndusInd Bank 945.30 (2.01%)
Infosys 1753.35 (2.44%)
ITC 224.95 (1.95%)
JSW Steel 672.95 (1.86%)
Kotak Mah. Bank 1920.45 (-0.86%)
Larsen & Toubro 1825.05 (1.50%)
M & M 840.75 (1.79%)
Maruti Suzuki 7434.90 (3.46%)
Nestle India 19479.10 (0.70%)
NTPC 127.25 (1.52%)
O N G C 148.40 (1.71%)
Power Grid Corpn 204.80 (-0.49%)
Reliance Industr 2418.10 (1.52%)
SBI Life Insuran 1169.50 (0.89%)
Shree Cement 26106.90 (1.40%)
St Bk of India 491.55 (3.12%)
Sun Pharma.Inds. 757.55 (1.86%)
Tata Consumer 772.15 (1.51%)
Tata Motors 493.90 (2.51%)
Tata Steel 1173.00 (2.11%)
TCS 3626.90 (1.18%)
Tech Mahindra 1604.80 (1.79%)
Titan Company 2405.55 (1.05%)
UltraTech Cem. 7423.95 (1.71%)
UPL 728.10 (0.16%)
Wipro 641.70 (1.47%)
F&O Cues: Key support and resistance levels for Nifty 50
by 5paisa Research Team 27/10/2021

The level of 18,000 will act as key support while 18,500 will be strong resistance. 

After forming a base on Monday’s trade and arresting its fall, the frontline equity indices finally saw gains in yesterday’s trade. Though the session remained volatile, at one point in time Nifty 50 was trading in red, but by the end of the trading session, it closed in green and gained 0.8 %.

Such a reversal in the trading led to heavy call unwinding at 18,200 strike price and 42793 calls were shed at that price. In terms of overall open interest, maximum open interest stood at a strike price of 18,500, which will act as a strong resistance. Total call open interest of 1,25,093 contracts stood at a strike price of 18,500. Call writing was seen at 18,600 and 18,650. Total open interest at the strike price of 18,600 stood at 86,397.

The highest put writing was seen at strike price 18200 (25,872 contracts added on October 26), followed by 18,300 (19,750 contracts added on October 26), while there was put unwinding at strike price 17,000 (12476 contracts shed), followed by 17,500 (8541 contracts shed).

Highest total put open interest of 86,972 contracts stood at a strike price of 18,000, which will act as strong support for the market in near future. This is followed by strike price 18200, which saw a total put option of 81,571 contracts, while strike price 17,500 has 70,263 contracts in open interest.

The Nifty 50 put call ratio (PCR) closed at 0.81. A PCR above 1 is considered bullish while a PCR below 1 is considered bearish.

Following table shows the participant wise action of key players on the index options front.

   

Index Put Options  

Client Type  

Change of OI*  

% Change of OI*  

Oct 26 2021  

Oct 25 2021  

Oct 22 2021  

Client  

24842  

-8.67%  

-261825  

-286667  

-355420  

Pro  

-17630  

50.24%  

-52725  

-35095  

28774  

DII  

0  

0.00%  

64190  

64190  

68935  

FII  

-7212  

-2.80%  

250360  

257572  

257711  

*Change from Previous Day  

   

   

   

   

   

   

   

Index Call Options  

Client Type  

Change of OI*  

% Change of OI*  

Oct 26 2021  

Oct 25 2021  

Oct 22 2021  

Client  

-91087  

-90.39%  

9682  

100769  

67784  

Pro  

81888  

-42.83%  

-109292  

-191180  

-145593  

DII  

0  

0.00%  

401  

401  

401  

FII  

9200  

10.22%  

99210  

90010  

77408  

*Change from Previous Day  

   

   

   

   

   

   

   

Net Change in Open Interest  

Client Type  

Change of OI*  

% Change of OI*  

Oct 26 2021  

Oct 25 2021  

Oct 22 2021  

Client  

-115929  

-29.92%  

271507  

387436  

423204  

Pro  

99518  

-63.76%  

-56567  

-156085  

-174367  

DII  

0  

0.00%  

-63789  

-63789  

-68534  

FII  

16412  

-9.79%  

-151150  

-167562  

-180303  

*Change from Previous Day  

   

   

   

   

   

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

Start Investing Now!

Open Free Demat Account in 5 mins

 
 
There is some issue, try later