Technical & Derivatives Report
Nifty Vs OI
15450
15500
15550
15600
15650
15700
15750
15800
15850
15900
15950
16000
92,000
94,000
96,000
98,000
100,000
102,000
104,000
106,000
108,000
110,000
7/1 7/5 7/7 7/9 7/13 7/15 7/19 7/22
(`000)
Openinterest Nifty
Post last two sessions pain, we finally had a cheerful
start with an upside gap above 15700. As we
progressed, the index inched higher to surpass 15800
mark and then consolidated for latter part of the day.
The benchmark index maintained its positive posture to
conclude the day with the gains of almost 200 points.
FIIs were net sellers in the cash segment to the tune of
Rs. 248 crores. In index futures front, they bought worth
Rs 1152 crores with fall in open interest indicating short
covering in yesterday’s session.
Yesterday, we saw a v-shaped recovery to reclaim 15700
mark on the closing basis. The F&O space, decent short
covering was visible in both the indices. The call writers
of 15700-15800 strikes ran for shelter seeing smart
recovery. Meanwhile, we also saw decent writing in
15700-15800 put strikes in the monthly series. Highest
open interest concentration for the monthly series is
now placed at 16000 call and 15500 put options. The
PCR-OI that was in the oversold territory is now back to
1 plus level. However, future contracts trading in
discount is not a very heahlty sign. At present, until we
manage to sustain above 15600 on the closing basis, we
would prefer trading with a positive bias and would
advise focusing on individual counters as they have
better trade set-ups.
The Nifty futures open interest has decreased by 5.73%.
Bank Nifty futures open interest has decreased by 9.01%
as market closed at 15824.05 levels.
The Nifty July future closed with a discount of 7.15 point
against a premium of 5.10 point in last trading session.
The August series closed at a premium of 35.65 point.
The INDIA VIX decreased from 13.20 to 11.89. At the
same time, the PCR-OI of Nifty increased from 0.81 to
1.10.
Few of the liquid counters where we have seen high cost
of carry are NMDC, IDEA, INDUSTOWER, ASHOKLEY and
JSWSTEEL.
OI Gainers
SCRIP OI
OI
CHG. (%)
PRICE
PRICE
CHG. (%)
JUBLFOOD 1923000 25.75 3429.95 11.44
ICICIPRULI 7596000 20.14 635.40 5.13
APOLLOHOSP 2420500 18.71 3985.30 2.71
IDEA 726740000 11.51 9.25 2.76
SAIL 179027500 10.59 126.15 2.84
HINDUNILVR 7131600 10.27 2378.15 -2.19
BAJAJ-AUTO 2443750 10.22 3853.20 -1.55
LALPATHLAB 478750 10.12 3332.95 -1.12
OI Losers
SCRIP OI
OI
CHG. (%)
PRICE
PRICE
CHG. (%)
HAVELLS 5366000 -25.20 1151.30 4.00
SBILIFE 3963000 -10.33 1026.00 1.08
ACC 4255000 -9.67 2290.15 -1.02
ASIANPAINT 4521900 -5.99 3106.40 -1.81
INFY 28611000 -5.99 1590.20 2.39
INDUSINDBK 15306300 -4.54 992.15 1.04
MARUTI 2328900 -3.68 7299.45 0.84
JINDALSTEL 40847500 -3.42 394.35 4.13
Put-Call Ratio
SCRIP PCR-OI PCR-VOL
NIFTY 1.10 0.91
BANKNIFTY 0.65 0.85
RELIANCE 0.43 0.35
ICICIBANK 0.53 0.49
INFY 0.49 0.45
Historical Volatility
SCRIP HV
JUBLFOOD 45.63
TECHM 38.65
MANAPPURAM 54.80
ICICIGI 41.63
HAVELLS 42.31