Technical & Derivatives Report
Nifty Vs OI
10900
11000
11100
11200
11300
11400
11500
11600
10,000
10,500
11,000
11,500
12,000
12,500
13,000
13,500
14,000
8/10 8/12 8/14 8/18 8/20 8/24 8/26
(`000)
Openinterest Nifty
Nifty opened on a positive note on the monthly expiry
day, but it traded within a narrow range throughout the
day and ended with marginal gains.
FIIs were net buyers in the cash market segment to the
tune of Rs. 1164 crores. In index futures, they bought
worth 600 crores with decrease in open interest on the
F&O expiry session
.
FII's continued their buying streak in the cash segment
wherein for the third consecutive session they bought
equities worth more than 1000 crores. In index futures
segment, they have squared off much of their short
positions and have rolled longs to the next series. They
are starting the new series with a 'Long Short Ratio' of
about 75 percent. The rollover in Nifty is at 79.92%
versus its 3-month average of 78.82% while in Bank
Nifty it is at 78% which is in line with its average. The
rollover positions indicate long positions rolled in the
new series which is a positive sign. As per the options
data, immediate support is placed around 11500 and
thus we continue with our advice for traders to look for
stocks specific opportunities from a trading
perspective.
The Nifty futures open interest has decreased by 10.29%
Bank Nifty futures open interest has decreased by 28.10%
as market closed at 11559.25 levels.
The Nifty September future closed with a premium of 20.8
point against a premium of 15.3 point in last trading
session. The October series closed at a premium of 29.95
point.
The INDIA VIX has decreased from 19.30 to 18.89
At the same time, the PCR-OI of Nifty decreased from
1.69 to 1.64.
Few of the liquid counters where we have seen high cost
of carry are SAIL, ASHOKLEY, GMRINFRA, IBULHSGFIN
AND CANBK.
OI Gainers
SCRIP OI
OI
CHG. (%)
PRICE
PRICE
CHG. (%)
PEL 3322000 7.61 1521.70 6.25
ITC 105094400 3.32 194.25 -0.28
SUNPHARMA 32057200 2.97 532.25 1.53
NESTLEIND 423950 2.06 16113.65 -0.49
ESCORTS 2571800 1.61 1156.15 2.63
BAJAJ-AUTO 1703250 0.87 3042.90 -1.49
MINDTREE 1198400 0.54 1149.40 -1.34
TORNTPOWER 2238000 0.40 344.10 -1.66
OI Losers
SCRIP OI
OI
CHG. (%)
PRICE
PRICE
CHG. (%)
ASHOKLEY 17865000 -62.05 72.50 2.44
PNB 23352000 -61.45 35.30 -0.56
BHEL 30702000 -53.75 39.20 -1.98
SAIL 30020000 -49.97 40.70 -1.43
GMRINFRA 65205000 -43.62 25.70 -0.19
CANBK 9265000 -40.38 105.55 -0.33
VEDL 72360200 -39.22 127.85 -0.47
IDEA 338380000 -31.00 8.85 -1.67
Put-Call Ratio
SCRIP PCR-OI PCR-VOL
NIFTY 1.64 1.13
BANKNIFTY 1.15 0.94
RELIANCE 0.62 0.50
ICICIBANK 0.62 0.51
INFY 0.44 0.41
Historical Volatility
SCRIP HV
DLF 66.73
GODREJPROP 61.55
PEL 74.34
JUBLFOOD 53.08
M&M 51.57