BANK NIFT , NIFTY TRADE ON DATE 24/08/2021

 Today bank nifty  gap up opening but  due to profit booking market drag down & break 35000 level & then  rang between 34800 to 35200 , after end of trading session Bank nifty close 35125.  Open interest build up 35000 put around 20.5 lakh &  Open interest build up 35000  call around 17.9 lakh , it clearly indicate market will be rang this monthly expire , tomorrow see the bank nifty  35200 level , if  bank nifty sustained this level , a good up move around 35500 level ,

A good call for bank nifty  sell C,E 35800  @ 86 .00 RS and hedge with buy 36000 C.E  & SELL P.E 34500 @ 90  RS and hedge with buy 34300 P.E. expire 26/08/2021.

 but , today  nifty feature  gap up  opening 16560 level  but due to  profit booking  market drag down & break 16400 level &  days low around 16392 , again bunch back  16495 level .Open interest build up 16400 put around 39.6 lakh &  Open interest build up 16600  call around 56.6 lakh , it clearly indicate market will be rang in between 16400 to 16600 this monthly expire , 

A good call for bank nifty  sell C,E 16600  @ 55 .00 RS and hedge with buy 16700 C.E  & SELL P.E 45.45 @ 60 RS and hedge with buy 16300 P.E. expire 26/08/2021.

  FII & DII Net buy & sell

 FII CM :- -1363.36 CR, DII CM:-119  

 FII IDX FUT :- 309 CR, FII IDX OPT:- -976