Options/futures data for 27th Dec (EOD)

Summary:
1. Not much happened in market yesterday and not much happened in Options world either. The range suggested by options for expiry is still 5900-6100
2. 6100 is the resistance. Some amount of put covering happened @6100 but that was not significant
3. 6000 is still a 50-50 level with +ve bias and 5900 is the strong support.
4. Not much change in PCR either - up from 1.41 to 1.42


Nifty Futures:
2Cr OI down 5.8% (12L shares cut)
78L OI up 14% (10L shares added) -- 20% less rollover to Jan


Banknifty: 
11.9L OI down 2.8% (0.35L shares cut)
5.2L OI up 43% (1.6L shares added) -- yet another day of blockbuster OI addition in Jan futures of Banknifty! As of now I am assuming these are longs in Jan futures. A move below 11330-11200 with more OI addition will invalidate that assumption.