"In Call options, strike price 8,000 saw addition of huge fresh positions, followed by strike prices 7,800, 8,200 and 7,900. The support remains intact at 7,670 - 7,700 levels.F&O trends:A price rise with a rise in open interest suggests long buildup. The maximum Put open interest of 51.89 lakh contracts stands at strike price 7,800, which suggests a strong base for the market, followed by strike price 7,700, which holds 50.85 lakh contracts in open interest. Here is a list of top stocks where long positions are building up.A fall in price with a rise in open interest suggests short buildup. In index options, FIIs were net sellers of positions to the tune of Rs 414 crore with a rise in OI.
Source: Economic Times May 15, 2016 23:56 UTC