Jan 28, 2015
Nifty Vs OI
The Nifty futures open interest increased by 8.14% levels
BankNifty futures open interest has increased by 23.42%
as market closed at 8910.50 levels.
The Nifty January future closed at premium of 12.15
points against a premium of 8.80 points. The February
series closed at a premium of 76.75 points.
The Implied Volatility of at the money options has
increased from 12.88% to 16.77%.
Nifty PCR-OI has increased from 1.31 to 1.37 levels.
The total OI of the market is Rs. 2,54,327/- cr. and the
stock futures OI is Rs. 68,980/- cr.
Few of the liquid counters where we have seen high cost
of carry are DISHTV, JPPOWER, SRTRANSFIN, STAR and
FIIs continue buying in cash market segment; they
were net buyers of worth Rs. 953 crores. In Index
Futures again they bought of Rs. 1731 crores with
rise in open interest suggesting long formations in
last trading session.
In Index Options they bought of worth Rs. 624 crores
with marginal rise in open interest indicating blend of
short covering and long formation. PCR-OI increased
mainly due to open interest addition in put options,
while implied volatility also increased on the closing
basis. We witness significant amount of open interest
addition in 8800 & 8900 put option, which may be
short formations in the hopes market to continue it up
move. Decent amount of unwinding was also seen in
the range of 8400-8600 put options. On the other
hand in call options some open interest addition was
9000 strike price which may be long
positions, unwinding in lower strikes 8400-8800 was
also visible in last trading session.
Seeing FIIs continuously pouring of liquidity in our
market we believe Nifty will show further strength.
Rollover in Nifty and BankNifty is at
Jan 28, 2015
FII Statistics for 27-Jan-2015
Turnover on 27- Jan -2015
Nifty Spot =8910.50
Lot Size = 50
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 28, 2015
Loss booked on 02-01-2015.
Ratio Put Spread
Ratio Put Spread
Research Team Tel: 022 - 39357800
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