Options/futures data for 1st Dec (EOD)

Summary:
1. The market movement yesterday was in line with options data expectations.  Someone playing for a bounce had bought 6100/6200CEs and they are definitely in profits now. The range suggested by options is still 5800-6000
2. Another feature of September series (when the massive break out happened from 5400+ to 6000) was 'Put writing even before the level is reached'. That seems to the same script being used here. We saw that in yesterday's addition of 5900PEs and today its evident @6000 (3.88L added). 
3. As mentioned yesterday's update - 5900 was a 50-50 level and it went to the bulls because of massive put writing. But taking out 6000 wouldn't be an easy job as it a decent resistance with 67L calls vs 32L puts
4. PCR is slightly up from 1.21 to 1.22


Nifty Futures:
2.6Cr OI up 3% (8L shares added) - On Friday we saw a cut of 10L shares and after that its been an addition of 17L shares in next 3 sessions with a price rise in Nifty - indicating that these are longs added at lower levels.


Banknifty Futures:
13.5L OI down 1.4% - Banknifty OI is not confirming to Nifty's OI pattern. Its been down 4% from Friday's level