Technical & Derivatives Report
Nifty Vs OI
10800
11000
11200
11400
11600
11800
12000
12200
,0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
9/30 10/5 10/7 10/9 10/13 10/15
(`000)
Openinterest Nifty
It was yet another day of consolidation for the equity
market. We began yesterday’s session almost flat and
then index rallied towards 11950 mark. However, Nifty
than traded in the range to conclude the session
slightly below 11900.
FIIs were net buyers in the cash segment to the tune of
Rs. 1585 crores. In index future segment, they sold
worth Rs. 285 crores with rise in open interest,
suggesting addition of some short in yesterday’s
session.
On Tuesday, we saw blend of long and short positions
in Nifty futures. Whereas, open interest activity
remained muted for banking index. In options front,
fresh build-up was seen in 11900-12100 followed by
unwinding in 11800 call options. On the other side, we
saw build-up scattered between 11300-11900 put
options. Considering the above data point, we believe
Nifty may continue grinding in the range of
11800-12000. Hence, traders are advised to trade in
individual counters until index trades in the above
mentioned range.
The Nifty futures open interest has increased by 4.06%
Bank Nifty futures open interest has decreased by 0.86%
as market closed at 11896.80 levels.
The Nifty October future closed with a discount of 0.90
point against a premium of 16.35 point in last trading
session. The November series closed at a premium of
23.80 point.
The INDIA VIX has increased from 21.82 to 22.69.
At the same time, the PCR-OI of Nifty increased from
1.35 to 1.46.
Few of the liquid counters where we have seen high
cost of carry are PNB, GMRINFRA, NATIONALUM,
BANKBARODA, IDFCFIRSTB and NMDC.
OI Gainers
SCRIP OI
OI
CHG. (%)
PRICE
PRICE
CHG. (%)
BRITANNIA 1601400 53.54 3553.05 -5.68
ASIANPAINT 2995800 17.83 2118.55 2.38
BATAINDIA 1712150 12.38 1368.90 -1.60
COLPAL 3044300 11.46 1461.10 -1.14
IOC 60300300 9.70 75.05 -2.46
DABUR 11298750 8.84 528.05 1.69
UPL 16686800 8.07 455.95 -1.70
PIDILITIND 3829000 6.66 1524.70 -0.63
OI Losers
SCRIP OI
OI
CHG. (%)
PRICE
PRICE
CHG. (%)
MINDTREE 1582400 -12.59 1426.40 6.16
MGL 1632000 -7.95 829.45 0.07
ZEEL 34095000 -5.78 183.00 4.83
VOLTAS 2395000 -5.49 698.25 1.51
TORNTPHARM 977500 -5.33 2711.60 1.19
MUTHOOTFIN 3535500 -4.84 1229.35 0.54
TATAMOTORS 72105000 -4.69 129.65 0.66
HINDUNILVR 5596800 -4.58 2173.10 -0.54
Put-Call Ratio
SCRIP PCR-OI PCR-VOL
NIFTY 1.46 0.88
BANKNIFTY 1.19 0.83
RELIANCE 0.45 0.49
ICICIBANK 0.79 0.65
INFY 0.39 0.46
Historical Volatility
SCRIP HV
BRITANNIA 45.71
MINDTREE 61.00
HCLTECH 46.41
BANKBARODA 59.63
TECHM 46.48