Nifty & Banknifty Intraday Call Put Options OI Data for 12th October 2020
Intraday Call writing seen at 12000 which has seen the addition of around 20 lakh shares If Nifty crosses 12000 which holds the highest OI of 3,568,500 will take nifty to 12100and subsequently 12200. Long unwinding is seen at 12500. 11800 is immediate support with OI of 2,246,250 followed by 11700. 11000 still holds the highest OI of 2,562,225.
Intraday Bank Nifty data suggests heavy call writing at 24000 which has seen the addition of 5 lakhs shares and this strike also holds the highest OI of 1,070,075, any decisive move above 24000 will take BankNifty to 242000. Support for Bank Nifty is at 23500 holding the highest OI of 857,025.