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Know more about the open interest of the NIFTY50, BANK NIFTY and F&O stocks that are in the news. ⤵️
Options setup
(Expiry: 7 September) (Expiry: 6 September)
NIFTY50 Max Call OI➡19,600 BANK NIFTY Max Call OI➡44,500
NIFTY50 Max Put OI➡19,500 BANK NIFTY Max Put OI➡44,000
Max Pain➡ 19,500 Max Pain➡ 44,500
⭐ Coal India surge on robust production
Shares of India’s largest coal producing company rose 3% yesterday. This comes after it reported a 13% year-on-year increase in its coal production to 52.3 million tonnes in August. Against this backdrop, the open interest of its September futures contract rose 2.6%, indicating a long build up.
⭐ Coforge shares rise
Shares of the digital services and solutions provider rose 2% on Tuesday. The company has launched a solution for automating the process of getting medical services authorised by insurers. In the light of this, the open interest of Coforge September futures contract rose 9.3%, signalling a long build up.
Disclaimer:
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