Technical & Derivatives Report
Nifty Vs OI
14900
15000
15100
15200
15300
15400
15500
15600
15700
15800
15900
,0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
5/24 5/26 5/28 6/1 6/3 6/7 6/9
(`000)
Openinterest Nifty
Post Wednesday’s sell-off, we began the weekly expiry
day on a positive note and slowly inched higher during
the day to reclaim 15750 mark. Eventually, we
concluded the day in green with the gains of more than
100 points
FIIs were net buyers in the cash segment to the tune of
Rs. 1330 crores. In index futures front, they sold worth
Rs. 944 crores with some decline in open interest;
suggesting blend of long unwinding and short
formation in yesterday’s session.
Despite sharp sell-off on Wednesday, we hardly saw any
short formation in both the indices. Yesterday, Nifty
added good amount of fresh longs; whereas, short
covering was seen in banking index. In options front,
good amount of writing was seen in 15600 and 15700
put strikes. On the flip side, build-up was scattered
between 15700-16200 call options; wherein 16000 call
option added meaningful positions. Considering
yesterday’s development, we believe 15500-15600 is a
strong support zone and until we manage to hold same
traders are advised avoiding any bearish bets. On the
higher side, around 15800 is the immediate hurdle and
any upmove beyond this will open doors for next
psychological mark of 16000.
The Nifty futures open interest has increased by 6.25%.
Bank Nifty futures open interest has decreased by 5.62%
as market closed at 15737.75 levels.
The Nifty June future closed with a premium of 15.50
point against a premium of 24.90 point in last trading
session. The July series closed at a premium of 77.05
point.
The INDIA VIX increased from 14.75 to 15.00.
At the same time, the PCR-OI of Nifty increased from
1.12 to 1.31.
Few of the liquid counters where we have seen high cost
of carry are IDEA, GMRINFRA, CADILAHC, DLF and
OI Gainers
SCRIP OI
OI
CHG. (%)
PRICE
PRICE
CHG. (%)
IBULHSGFIN 37745600 39.49 285.40 8.63
BATAINDIA 1361250 31.44 1632.15 4.91
NMDC 85498700 16.57 179.45 -0.28
EXIDEIND 14043600 15.96 192.20 -1.08
PNB 327936000 14.33 42.50 4.91
PIDILITIND 2615000 12.86 2132.25 2.78
DLF 33702900 11.89 313.65 5.64
HAVELLS 4595000 9.97 1023.80 -0.16
OI Losers
SCRIP OI
OI
CHG. (%)
PRICE
PRICE
CHG. (%)
MFSL 2542800 -11.41 1027.95 2.93
RBLBANK 25551900 -6.68 218.35 2.45
AARTIIND 1258850 -6.15 1827.80 1.76
BHEL 119857500 -5.96 75.80 1.54
TATACHEM 9019000 -5.51 748.20 1.31
CANBK 58498200 -5.24 156.95 0.38
MRF 52620 -4.81 82172.85 2.53
SAIL 155743000 -4.54 128.55 3.29
Put-Call Ratio
SCRIP PCR-OI PCR-VOL
NIFTY 1.31 1.00
BANKNIFTY 0.86 0.90
RELIANCE 0.45 0.31
ICICIBANK 0.49 0.41
INFY 0.51 0.44
Historical Volatility
SCRIP HV
LALPATHLAB 49.98
BATAINDIA 38.57
BAJFINANCE 58.19
IBULHSGFIN 91.24
GODREJCP 43.74