Options/futures data for 2nd Nov (EOD)

Summary:
1. It was a 'quiet day' from options perspective as no aggressive call/put writing was seen yesterday.
2. 6200 remains the resistance with 44L OI @6200CE. Some put writing at 6200 was also seen in last 2 days (almost 6L added) - suggests someone bullish about market taking out 6200 in next few sessions
3. 6100PEs are continuing to add making 6100 an intermediate support. 6000 remains strong support but yesterday no 6000PEs were added suggesting caution.
4. PCR now at 1.29 not much change from yesterday's 1.28


Nifty Futures:
2.5Cr OI down 0.6% (1.5L shares cut)


Banknifty Futures:
17.3L OI flat -- no major reaction to RBI rate hike


Weekly charts:
Nifty and Banknifty charts show consolidation after that big rise. Above 6180, Nifty could get to 6221 very quickly, although a visit to last week's VAH of 6110 on the downside can't be ruled out.


On Banknifty my preference is that market goes back and tests the previous resistances @12620-12640 and bounces higher from there. Lets see what market thinks