Jan 23, 2015
Nifty Vs OI
NIFTY futures inched up further to close at the levels
of 8779.15. This was again with rise in open
interest by 3.77%. BANKNIFTY again rose with
marginal fall in open interest.
Premium for current month Nifty futures has
increased to 17.75 points and that of next month is
at 71.75 points.
Implied volatility continued to increase and is not at
the levels of 18.82%. Call IV’s are at 16.59% while
that of put is at 20.69%
NIFTY PCR-OI is now consolidating around levels of
Rollovers have picked up in stocks like HINDZINC,
RANBAXY, RELIANCE, MARUTI and ABIRLANUVO.
There seem to be no stopping in fund flows by
FII’s in our markets. Yesterday in cash market
they bought stocks worth Rs.
while in index futures they were net buyers of Rs.
901.84 crores with rise in open interest.
Interestingly they sold in index options.
Unwinding was seen in 8600 and 8700 calls
which we believe are short call traders covering
their positions. Strong built-up was seen in 8700
put and 9000 call.
With FII’s continuing to form longs in index
futures and sort of formed short strangle of
8700 put and 9000 call suggests that they
continue to remain positive on markets and their
strategies are positively biased.
Jan 23, 2015
FII Statistics for 22-Jan-2015
Turnover on 22-Jan-2015
Nifty Spot = 8761.40
Lot Size = 25
Note: Above mentioned Bullish or Bearish Spreads in Nifty (Jan Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
Jan 23, 2015
Marginal loss booked (02-01-15)
Ratio Put Spread
Ratio Put Spread
Research Team Tel: 022 - 39357800
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