Nov 12, 2014
Nifty Vs OI
The Nifty futures open interest increased by 0.37% while
BankNifty futures open interest has increased by 3.73%
as market closed at 8362.65 levels.
The Nifty November future closed at premium of 33.20
points against a premium of
35.25 points. The
December series closed at a premium of 83.75 points.
The Implied Volatility of at the money options has
decreased from 11.65% to 11.45%.
Nifty PCR-OI remains unchanged at 1.00 levels.
The total OI of the market is Rs. 2,04,024/- cr. and the
stock futures OI is Rs. 56,143/- cr.
Few of the liquid counter stocks where we have seen high
cost of carry are HDFCBANK, RELIANCE, GMRINFRA,
MINDTREE and KOTAKBANK.
FIIs continue buying in cash market segment; they
bought of worth Rs. 458 crores. In Index Futures they
were net seller with some rise in open interest which
suggests some fresh short formations in yesterday’s
In Index Options they were net seller of worth Rs. 769
crores with rise in open interest signifying that these
guys are continuously going short in options from last
two trading sessions. PCR-OI remained subdued
while implied volatility decreased further. We are
observing good amount of open interest addition in
8300 put options from last two trading sessions, we
believe these are short formation by FIIs. On the
other hand in call options 8400 & 8600 strike price
added some open interest. Maximum open interest in
call options is witnessed in 8500 strike price & of put
remains at 8000 levels.
Seeing continuous selling in
8300 put options
indicates Nifty may take some support near these
levels. The quantum of short is minor in nature than
the quantum of long position. On should still trade
with positive bias.
Nov 12, 2014
FII Statistics for 11-Nov-2014
Turnover on 11-Nov-2014
Nifty Spot =8362.65
Lot Size = 50
Note: Above mentioned Bullish or Bearish Spreads in Nifty (Nov Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
Nov 12, 2014
Research Team Tel: 022 - 39357800
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