See Nifty open on flat note led by mixed global cues: ICICIdirect

The highest Put base is at the 9100 strike with 59 lakh shares while the highest Call base is at the 9200 strike with 52 lakh shares. The 9000 and 9100 Call strikes saw closure of 2.2 and 4.7 lakh shares, respectively, while 9000 and 9100 Put strikes saw additions of 1.3 and 5.1 lakh shares, respectively.

Nifty Bank

For a third day in a row, the index continued to hover near 21500 and ended the weekly expiry with a sharp rise in basis along with closure of open interest indicating short covering near support area. We feel the index is likely to continue its consolidation and move towards 21800.

Nifty Future: The Nifty is likely to open flat on the back of mixed global cues. Buy Nifty in the range of 9140-9150 for targets of 9200-9220, stop loss: 9120.

Nifty Bank Future: For a third day in a row, the index continued to hover near 21500 and ended the weekly expiry with a sharp rise in basis along with closure of open interest indicating short covering near support area. We feel the index is likely to continue its consolidation and move towards 21800. Buy Nifty Bank in the range of 21450-21500, targets: 21600-21700, stop loss: 21390.

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