F&O: Immediate resistance for Nifty at 10,100

Nifty has been trading range-bound in the trading session of August 7. There is lacklustre trade on D-Street and Nifty is struggling to touch the important level of 10,100 while on the downside, immediate crucial support level may be placed at the 10,000 mark.
 
On the futures front, Nifty futures of August series were trading at premium of 35 points while futures of September and October series were trading at premium of 67 and 100 points respectively.
 
On the options front, maximum call unwinding was seen at the strike level of 10,200 followed by 10,100 while on the put side, maximum unwinding was seen at 10,000 followed by 10,100. Put call ratio in terms of volume stands at 1.07, showing slight weakness for the 50 stocks’ index.
 
The total put open interest stood at 4.03 crore while the total call open interest stood at 3.93 crore as of 1222 hours on Monday. Among Nifty constituents, heavyweights like TCS, Infosys, HDFC Bank and Reliance are losing their sheen, thereby reflecting weakness at the Nifty.