Oct 09, 2014
Nifty Vs OI
The Nifty futures open interest increased by 0.52% while
BankNifty futures open interest has increased by 1.23%
as market closed at 7842.70 levels.
The Nifty October future closed at premium of 52.80
point against a premium of 38.50 points. The November
series closed at a premium of 101.80 points.
The Implied Volatility of at the money options has
decreased from 13.96% to 13.56%.
Nifty PCR-OI has decreased from 0.88 to 0.86 levels.
The total OI of the market is Rs. 1,78,329/- cr. and the
stock futures OI is Rs. 51,735/- cr.
Few of the liquid counter stocks where we have seen high
cost of carry are TITAN, JISLJALEQS, GODREJIND, UPL
Yesterday Nifty was under pressure but recovered
from the lower levels of 7815 and closed nearly 10
points down. FIIs also participated in this downward
move; they sold in cash market segment of worth Rs.
1440 crores. In Index Futures they were net seller
with good amount of fall in open interest indicating
blend of both long unwinding & covering of short
positions formed earlier.
In Index Options FIIs activity was subdued; they were
marginal buyer with rise in open interest suggesting
some buying in Index Options yesterday. PCR-OI
decreased further due to continuous open interest
addition in call options while implied volatility also
plunged nearly 40 basis points. In call options we
saw some buildup in 8000 & 8100 strike price which
may be short positions as IV’s of call options declined
yesterday. Due to continuous open interest addition
in 8100 strike maximum buildup in call options has
shifted from 8200 to 8100 strike price and we
believe this level may now act as a resistance for
Nifty. On the other we witnessed buyer of 7800 put
options booking profit yesterday, while some fresh
buildup in out the money put options of 7400 strike
price was also observed. Maximum open interest in
put options is seen in 7800 strike price.
Oct 09, 2014
FII Statistics for 08-Oct-2014
Turnover on 08-Oct-2014
Nifty Spot =7842.70
Lot Size = 50
Note: Above mentioned Bullish or Bearish Spreads in Nifty (Oct Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
Oct 09, 2014
Did not trigger.
Ratio Bull Call Spread
Research Team Tel: 022 - 39357800
This document is solely for the personal information of the recipient, and must not be singularly used as the basis of any investment
decision. Nothing in this document should be construed as investment or financial advice. Each recipient of this document should
make such investigations as they deem necessary to arrive at an independent evaluation of an investment in the securities of the
companies referred to in this document (including the merits and risks involved), and should consult their own advisors to determine
the merits and risks of such an investment.
Angel Broking Pvt. Limited, its affiliates, directors, its proprietary trading and investment businesses may, from time to time, make
investment decisions that are inconsistent with or contradictory to the recommendations expressed herein. The views contained in
this document are those of the analyst, and the company may or may not subscribe to all the views expressed within.
Reports based on technical and derivative analysis center on studying charts of a stock's price movement, outstanding positions and
trading volume, as opposed to focusing on a company's fundamentals and, as such, may not match with a report on a company's
The information in this document has been printed on the basis of publicly available information, internal data and other reliable
sources believed to be true, but we do not represent that it is accurate or complete and it should not be relied on as such, as this
document is for general guidance only. Angel Broking Pvt. Limited or any of its affiliates/ group companies shall not be in any way
responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this
Angel Broking Pvt. Limited has not independently verified all the information contained within this document. Accordingly, we
cannot testify, nor make any representation or warranty, express or implied, to the accuracy, contents or data contained within this
document. While Angel Broking Pvt. Limited endeavours to update on a reasonable basis the information discussed in this material,
there may be regulatory, compliance, or other reasons that prevent us from doing so.
This document is being supplied to you solely for your information, and its contents, information or data may not be reproduced,
redistributed or passed on, directly or indirectly.
Angel Broking Pvt. Limited and its affiliates may seek to provide or have engaged in providing corporate finance, investment
banking or other advisory services in a merger or specific transaction to the companies referred to in this report, as on the date of
this report or in the past.
Neither Angel Broking Pvt. Limited, nor its directors, employees or affiliates shall be liable for any loss or damage that may arise
from or in connection with the use of this information.
Note: Please refer to the important `Stock Holding Disclosure' report on the Angel website (Research Section). Also, please refer to
the latest update on respective stocks for the disclosure status in respect of those stocks. Angel Broking Pvt. Limited and its affiliates
may have investment positions in the stocks recommended in this report.
Derivative Research Team
Email Id : -
For Private Circulation Only
SEBI Registration No: INB 010996539