Summary: Jun NIFTY 8700 calls added 665,450 contracts while 8200 calls shed 50,650. On the Put side of the equation, the 8300 strike added 654,800 while the 7300’s shed 28,925.
Our trend model indicates a SHORT on the NIFTY and SHORT on the BANKNIFTY.
JUN NIFTY OI
JUN BANKNIFTY OI
JUN NIFTY Volatility
JUN BANKNIFTY Volatility
Dotted lines indicated actual underlying volatility. Solid lines are IVs.