DERIVATIVE ANALYSIS FOR 22 DECEMBER

Bank Nifty

Bank Nifty Index opened gap up at 18545.70 with 219.10 points up from the previous day closing at 18326.00 and closed positive at 18478.90.  Bank Index opened gap up with day high of 18563.60 and full day we saw normal selling in Bank Index and near closing of the market Bank Index traded with day low of 18413.75 and closed positive at 18478.90 with +0.83%, +152.30 points up and the full day Bank Nifty Index traded between 18563.60- 18413.75. At the end of the market day Bank Nifty futures Gained +0.63%, +116.40 points up to close at 18505.95 from the previous day closing at 18389.55 with the premium of 27.05 points and percent change in open interest of -12.70%.

Nifty Futures

Nifty futures opened gap up at 8237.00 with 56.20 points from the previous day closing at 8180.80. From the opening we saw continuous buying in Nifty futures Nifty Futures opened with day low of 8226.00 and full day we saw normal movement in Nifty Futures and near 12.45 o’clock Nifty Futures traded with the day high of 8277.00 and closed positive at 8239.85. And the full day Nifty future traded between 8277.00- 8226.00. At the end of the day Nifty futures Gained +0.64%, +52.20 points up to close at 8233.00 from the previous day closing at 8180.80 with daily premium of 7.80 points and percent change in open interest of -2.28%.