Futures & Options (F&O) Highlights for today, 19th August, 2025

Short Covering being seen in Nifty & Bank Nifty Futures

Create longs with stop loss (SL) at 24850 levels

Following a gap-up opening of over 300 points on the back of GST reforms in yesterday’s session, the Nifty extended its gains to test the 25,022 level in the early morning session. While it pared some of those gains, the Nifty still settled with a strong gain of 245 points, or 1%, to close at 24,876.

Short Covering was seen in Nifty Futures where Open Interest fell by 0.28% with Nifty rising by 1.00%.

Short Covering was seen in the Bank Nifty Futures where Open Interest fell by 4.20% while Bank Nifty rose by 0.71%.

Nifty Open Interest Put Call ratio fell to 1.00 levels from 1.01 levels.

Amongst the Nifty options (21-Aug Expiry), Call writing is being seen at 25100-25200 levels, indicating Nifty is likely to find strong resistance in the vicinity of 25100-25200 levels. On the lower side, an immediate support is placed in the vicinity of 24800-24900 levels where we are seeing Put writing.

Short covering is being seen from the side of FIIs in the Index Futures segment where they net bought contracts worth 2,191 cr with their Open Interest going down by 6575 contracts.

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Source: HDFC Securities Prime Research