Technical & Derivatives Report
Nifty Vs OI
15550
15600
15650
15700
15750
15800
15850
15900
15950
96,000
97,000
98,000
99,000
100,000
101,000
102,000
103,000
104,000
6/25 6/29 7/1 7/5 7/7 7/9
(`000)
Openinterest Nifty
Nifty started the day with a positive bias and rallied
towards 15800 mark. The index then consolidated in a
range of 50 points till noon, however it corrected sharply
in the later half and gave up all the gains to end on a flat
note.
FIIs were net sellers in the cash segment to the tune of
Rs. 746 crores. In index futures front, they bought worth
Rs 719 crores with fall in open interest indicating short
covering and long formations in yesterday’s session.
Nifty rallied towards the 15800 mark but it failed to
continue the momentum. The correction in the later half
was mainly due to profit booking of long positions. FII's
were net sellers in the cash segment but they covered
some shorts in the index futures segment. In options
segment, 15800 and above calls added open interest
while some addition was seen in 15800-15600 put
options. The call writers were quite active and open
interest concentration in 15800 call indicates it as a major
hurdle for next couple of sessions. However , the Nifty
PCR-OI is trading at 0.87 which indicates oversold
market. Nifty could consolidate within range of 15600-
15800 and hence, traders can look to trade with a stock
specific approach.
The Nifty futures open interest has decreased by 2.31%.
Bank Nifty futures open interest has decreased by 0.04%
as market closed at 15692.60 levels.
The Nifty July future closed with a premium of 19.35 point
against a premium of 32.65 point in last trading session.
The August series closed at a premium of 60 point.
The INDIA VIX increased from 12.94 to 12.99. At the same
time, the PCR-OI of Nifty decreased from 0.94 to 0.87.
Few of the liquid counters where we have seen high cost
of carry are NMDC, IDEA, L&TFH, SRTRANSFIN,
BERGERPAINT AND SIEMENS.
OI Gainers
SCRIP OI
OI
CHG. (%)
PRICE
PRICE
CHG. (%)
COROMANDEL 793125 12.10 883.80 -1.30
FEDERALBNK 89180000 11.80 89.50 4.53
GODREJPROP 2435550 9.88 1514.05 2.22
AMBUJACEM 20505000 7.30 371.75 2.22
ACC 3138000 7.12 2072.25 1.72
BATAINDIA 1684100 7.03 1567.55 -0.15
HDFCBANK 27689750 6.93 1487.00 -1.04
TATACHEM 9509000 6.87 778.90 1.58
OI Losers
SCRIP OI
OI
CHG. (%)
PRICE
PRICE
CHG. (%)
NAM-INDIA 2113600 -7.75 380.60 0.84
BAJAJFINSV 734175 -6.57 12908.85 0.41
MARICO 6240000 -5.60 531.65 -0.07
PFC 43424800 -4.94 123.50 1.35
GUJGASLTD 2036250 -4.51 681.65 0.23
COFORGE 525800 -4.43 4388.30 0.80
IRCTC 2046525 -4.11 2262.90 2.29
TATASTEEL 46079350 -4.08 1226.95 -1.18
Put-Call Ratio
SCRIP PCR-OI PCR-VOL
NIFTY 0.87 0.89
BANKNIFTY 0.71 0.96
RELIANCE 0.42 0.36
ICICIBANK 0.57 0.54
INFY 0.51 0.53
Historical Volatility
SCRIP HV
PAGEIND 43.23
METROPOLIS 51.62
FEDERALBNK 54.94
ULTRACEMCO 38.52
MANAPPURAM 54.77