Derivative Dairy: February 2016

DERIVATIVE HIGHLIGHT FOR 28-JUL-2016:

The market-wide position in the derivative segment at the beginning of the August series vis-à-vis July series at:

Particulars	August Series	July Series	% Change
OVERALL OI IN NO. OF SHARES (Cr.)	330.77	335.81	-1.50%
NIFTY FUT OI IN NO. OF SHARES (Cr.)	2.34	1.96	19.39%
STOCK FUT OI IN NO. OF SHARES (Cr.)	282.24	283.03	-0.28%
BANK NIFTY FUT OI (No. in Mn)	1.75	1.87	-6.42%
CALL OPTION OI IN NO. OF SHARES (Cr.)	5.18	5.15	0.58%
PUT OPTION OI IN NO. OF SHARES (Cr.)	4.75	4.85	-2.06%
OI (Rs. in crores)	189570.00	174476.00	8.65%
NIFTY CLOSING	8666.30	8284.15	4.61%

Option statistics: Nifty highest Call option OI for August series stands at 9000 strike price. In today’s trading session, Nifty 8600, 8700 and 8800 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the July series stands at 8500 strike price. In today’s trading session, Nifty 8500, 8600 and 8700 put option seen addition in OI with IV increasing indicates buying of option.
Overall Rollover for the August series is at 80% vs. 83% in the last series and also lowers than 3M Average of 84%. Nifty rollover for the new series too is lower at 63% vs. 78% in the last series and also lower than the 75%. Bank Nifty rollover for the new series at 70% vs. 77% in the last series.
As mentioned in the last report, Nifty does move towards the level of 8680, making a high of 8674 level. Looking into the option data, a move above today’s high of 8680 will open further upside level of 8740-8800 level. On the downside, immediate support lies around the 8590 level and a sustain move below 8590 will open the downside level of 8500-8480 level.
Stocks in ban for trade on 29-July-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 27-JUL-2016:

Nifty future OI seen addition of 22 lacs in OI and Bank Nifty seen addition of 0.5 lacs in OI.
Stocks seen long build-up includes PcJeweller, L&TFH, Motherson, Lupin, Pageind, RCom, Jet Airways, TCS, LT and Eichermotor. Stocks seen short build-up includes Drreddy, Torntpharma, Cadila, Reliance, Ambujacement, ITC, Tata Power, PTC and IDBI.
Option statistics: Nifty highest Call option OI for July series stands at 8700 strike price. In today’s trading session, Nifty 8650 and 8700 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the July series stands at 8500 strike price. In today’s trading session, Nifty 8600 and 8650 put option seen addition in OI.
Overall Rollover before E-1 trading day stands at 58% vs. 64% in the previous series Nifty rollover too is on the lower side before E-1 trading day stands at 52% vs. 60% in the previous series.
Stocks were rollover before E-1 trading day is lower than 50% includes Heromotor, Andhrabank, Kotakbank, Orientbank, Godrejind, BHEL, Dabur, Hindunilvr, Mcleod, Hindalco, Cairn, Petronet, Wockpharma, Powergrid, Infy, OFSS and Wipro. On back of lower rollover until now for the July series we expect a highly volatile expiry day on the Indices front and also on the stocks mentioned above with lower rollover.
As mentioned in the last report, Nifty does move towards the level of 8655-8680, making a high of 8665 level. Looking into the option data, a move above today’s high of 8665 will open further upside level of 8740 level. On the downside, immediate support lies around the 8550 level and a sustain move below 8550 will open the downside level of 8480-8430 level.
Stocks in ban for trade on 28-July-2016: CANBK, IBREALEST, JINDALSTEL, JPASSOCIATE and KSCL.

DERIVATIVE HIGHLIGHT FOR 26-JUL-2016:

Nifty future OI seen addition of 54 lacs in OI and Bank Nifty seen addition of 1.2 lacs in OI.
Stocks seen long build-up includes Jindal Steel, Canbk, Eichermotor, Bank India, Power Grid, Adanient, Bajfinance and Yesbank. Stocks seen short build-up includes TVSMotor, Maruti, GAIL, Heromotor, HUL, IDBI, Kotakbank, CESC and ICICIBank.
Option statistics: Nifty highest Call option OI for July series stands at 8700 strike price. In today’s trading session, Nifty 8500, 8600 and 8700 call option seen unwinding in OI. Nifty highest Put Option OI for the July series stands at 8400 strike price. In today’s trading session, Nifty 8500, 8600 and 8700 put option seen unwinding in OI.
As mentioned in the last report, Nifty does likely to move towards the level of 8655-8680level. On the downside, immediate support lies around the 8550 level and a sustain move below 8550 will open the downside level of 8480-8430 level.
Overall Rollover before E-2 trading day stands at 39% vs. 44% in the previous series Nifty rollover before E-2 trading day stands at 41% vs. 46% in the previous series.
Stocks in ban for trade on 27-July-2016: CANBK, CEATLTD, IBREALEST, INDIACEM, JINDALSTEL, JPASSOCIATE, KSCL and WOCKPHARMA.

DERIVATIVE HIGHLIGHT FOR 25-JUL-2016:

Nifty future OI seen addition of 14 lacs in OI and Bank Nifty seen addition of 0.5 lakh in OI.
Stocks seen long build-up includes Hexaware, PTC, RelCapital, ALBK, CESC, ABirlanuvo, Cairn, Motherson, Asianpaint, IDFC, M&MFin, Mcdowell, Relinfra and Unionbank. Stocks seen short build-up includes Drreddy, Bajaj Auto, Adanient, JPAssociate, Gail and Mindtree.
Option statistics: Nifty highest Call option OI for July series stands at 8700 strike price. In today’s trading session, Nifty 8500 and 8600 call option seen unwinding in OI with IV increasing indicates short covering of option while 8700 call option seen addition in OI. Nifty highest Put Option OI for the July series stands at 8500 strike price. In today’s trading session, Nifty 8500, 8600 and 8700 put option seen addition in OI with IV increasing indicates buying of option.
As mentioned in the last report, Nifty does break the resistance of 8600 and is likely to move towards the level of 8655-8680-8740 level. On the downside, immediate support lies around the 8540 level.
Stocks in ban for trade on 22-July-2016: CEAT, IBREALEST, INDIACEM, JPASSOCIATE, RCOM, KSCL and WOCKPHARMA.

DERIVATIVE HIGHLIGHT FOR 22-JUL-2016:

Nifty future OI seen addition of 7 lacs in OI and Bank Nifty seen unwinding of 1 lakh in OI.
Stocks seen long build-up includes Havells, IFCI, Cairn, Suntv, Engineersind, Arvind, Motherson, Godrejind, Hexaware and DHFL. Stocks seen short build-up includes KSCL, Unionbank, Justdial, Hindunlvr, Mindtree, Andhrabank and Bajajauto.
Option statistics: Nifty highest Call option OI for July series stands at 8600 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 call option seen unwinding in OI with IV increasing indicates short covering of option. Nifty highest Put Option OI for the July series stands at 8400 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 put option seen addition in OI with IV decreasing indicates writing of option.
Looking into the option data, Nifty likely to trade in the range of 8470-8600 and a break out of the trading range on either side will give direction to the market. A move above 8600 will open the upside level of 8655-8680. On the downside, a move below 8470 will open downside level of 8410-8355.
Stocks in ban for trade on 22-July-2016: BANKINDIA, CANBK, IBREALEST, INDIACEM, JINDALSTEL, JPASSOCIATE, ORIENTBANK, PNB, RCOM, KSCL and WOCKPHARMA.

DERIVATIVE HIGHLIGHT FOR 21-JUL-2016:

Nifty future OI seen unwinding of 2 lacs in OI and Bank Nifty seen unwinding of 1.7 lacs in OI.
Stocks seen long build-up includes Engineersind, JPAssociate, ACC, Suntv and PTC. Stocks seen short build-up includes Arvind, Mindtree, Srtrasnfin, KSCL, BHEL, Bank Baroda, Syndicate bank, Bharatforge, HDIL, Power Grid, Andhrabank and Mcleod.
Option statistics: Nifty highest Call option OI for July series stands at 8600 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the July series stands at 8400 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 put option seen unwinding in OI with IV increasing indicates short covering of option.
Looking into the option data, Nifty likely to trade in the range of 8470-8600 and a break out of the trading range on either side will give direction to the market. A move above 8600 will open the upside level of 8655-8680. On the downside, a move below 8470 will open downside level of 8410-8355.
Stocks in ban for trade on 22-July-2016: BANKINDIA, CANBK, IBREALEST, INDIACEM, JINDALSTEL, JPASSOCIATE, ORIENTBANK, PNB, RCOM and WOCKPHARMA.

DERIVATIVE HIGHLIGHT FOR 20-JUL-2016:

Nifty future OI seen addition of 10 lacs in OI and Bank Nifty addition of 0.2 lacs in OI.
Stocks seen long build-up includes Glenmark, Siemens, Havells, Wockpharma Suntv, ACC, Auropharma, Tatapower, DLF and India Cement. Stocks seen short build-up includes Dabur, LICHSG, Axisbank, Mcdowell and M&Mfinance.
Option statistics: Nifty highest Call option OI for July series stands at 8600 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 call option seen unwinding in OI with IV increasing indicates short covering by writer of option. Nifty highest Put Option OI for the July series stands at 8400 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 put option seen addition in OI with IV decreasing indicates writing of option.
Looking into the option data, Nifty likely to trade in the range of 8470-8600 and a break out of the trading range on either side will give direction to the market. A move above 8600 will open the upside level of 8655-8680. On the downside, a move below 8470 will open downside level of 8410-8355.
Stocks in ban for trade on 21-July-2016: Bank India, Canbk, IBReal Est, Jindal Steel, Orientbank, PNB and RCOM.

DERIVATIVE HIGHLIGHT FOR 19-JUL-2016:

Nifty future OI seen addition of 9 lacs in OI and Bank Nifty unwinding of 0.4 lacs in OI.
Stocks seen long build-up includes Tata Steel, Syndicate Bank, ONGC, ACC, ZEEL, Hindpetro, Hindzinc, ALBK and Hindalco. Stocks seen short build-up includes Mindtree, PNB, Indusindbank, Wipro, Mcleod, Orienrbank, Exideind, SRtrasnfin, Unionbank and M&M.
Option statistics: Nifty highest Call option OI for July series stands at 8600 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the July series stands at 8400 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 put option seen addition in OI with IV decreasing indicates writing of option.
Looking into the option data, Nifty likely to trade in the range of 8470-8600 and a break out of the trading range on either side will give direction to the market. A move above 8600 will open the upside level of 8655-8680. On the downside, a move below 8470 will open downside level of 8410-8355.
Stocks in ban for trade on 20-July-2016: Bank India, Canbk, IBReal Est, Jindal Steel, Orientbank, PNB, RCOM and JPAssociate.

DERIVATIVE HIGHLIGHT FOR 18-JUL-2016:

Nifty future OI seen addition of 2 lacs in OI and Bank Nifty addition of 0.1 lacs in OI.
Stocks seen long build-up includes Unitech, CESC, Apollo Tyre, DHFL, Tata Elxsi and IBulhsgfin. Stocks seen short build-up includes Mintree, OIL, ONGC, ACC, Idea, SRTransfin, BHEL, Hindunilvr, STAR, Centurytext and Biocon.
Option statistics: Nifty highest Call option OI for July series stands at 8600 strike price. In today’s trading session, Nifty 8500 and 8600 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the July series stands at 8400 strike price. In today’s trading session, Nifty 8400 and 8500 put option seen addition in OI with IV decreasing indicates writing of option.
Looking into the option data, a move above 8600 will open the upside level of 8655 level. On the downside immediate support lies around the 8500 level and below that 8430-8380 level.
Stocks in ban for trade on 19-July-2016: Bank India, Canbk, IBReal Est, Jindal Steel, RCOM and JPAssociate.

DERIVATIVE HIGHLIGHT FOR 15-JUL-2016:

Nifty future OI seen addition of 7 lacs in OI and Bank Nifty addition of 0.7 lacs in OI.
Stocks seen long build-up includes Motherson, PNB, KTKBank, M&M, HDFC, Indusindbank and Bharti Airtel. Stocks seen short build-up includes INFY, TCS, Orientbank, Biocon, Hexaware, Mindtree, BEL, Justdial and Ceat.
Option statistics: Nifty highest Call option OI for July series stands at 8700 strike price. In today’s trading session, Nifty 8600 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the July series stands at 8400 strike price. In today’s trading session, Nifty 8400 put option seen addition in OI with IV decreasing indicates writing of option.
Nifty continued the uptrend as anticipated and mentioned in the daily report to achieved the 8600 level, making a high of 8595, vindicating our view. Looking into the option data, a move above 8600 will open the upside level of 8655 level. On the downside immediate support lies around the 8500 level and below that 8430-8380 level.
Stocks in ban for trade on 18-July-2016: Bank India, Canbk, IBReal Est, Jindal Steel and JPAssociate.

DERIVATIVE HIGHLIGHT FOR 14-JUL-2016:

Nifty future OI seen addition of 9 lacs in OI and Bank Nifty addition of 1.8 lacs in OI.
Stocks seen long build-up includes Unionbank, KTKBank, Bank India, Canbank, Suntv, ALBK, Syndibank, Orientbank, SRF, Heromotor, Yesbank and ICICIBank. Stocks seen short build-up includes Tata Comm, IBulhsgfin, Bharat Forge, Ajantapharma, Infy, Biocon, SKSMicro, JSWEnergy and ONGC.
Option statistics: Nifty highest Call option OI for July series stands at 8700 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 call option seen unwinding in OI with IV increasing indicates short covering. Nifty highest Put Option OI for the July series stands at 8400 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 put option seen addition in OI with IV decreasing indicates writing of option.
As mentioned Nifty likely to move towards the level of 8600-8655 level. On the downside, the immediate support lies around the 8450 level and below that 8380 level.
Stocks in ban for trade on 15-July-2016: Bank India, Canbk, IBReal Est, Jindal Steel and JPAssociate.

DERIVATIVE HIGHLIGHT FOR 13-JUL-2016:

Nifty future OI seen addition of 3 lacs in OI and Bank Nifty addition of 0.1 lacs in OI.
Stocks seen long build-up includes OIL, Cairn, KPIT, NMDC, Ajantapharma, ONGC and Dabur. Stocks seen short build-up includes Arvind, IBReal Estate, LICHSGFIN, TV18, Biocon, HindZinc, Crompton, Engineersind, PTC and CESC.
Option statistics: Nifty highest Call option OI for July series stands at 8600 strike price. In today’s trading session, Nifty 8500 and 8600 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the July series stands at 8400 strike price. In today’s trading session, Nifty 8300 and 8400 put option seen addition in OI with IV increasing indicates buying of option.
As mentioned in the yesterday report, Nifty does achieved the first target of 8550, vindicating our view. Looking into the option data, Nifty likely to move towards the level of 8600-8655 level. On the downside, the immediate support lies around the 8430 level and below that 8380 level.
Stocks in ban for trade on 14-July-2016: JPAssociate and IBReal Estate.

DERIVATIVE HIGHLIGHT FOR 12-JUL-2016:

Nifty future OI seen addition of 15 lacs in OI and Bank Nifty addition of 1.6 lacs in OI.
Stocks seen long build-up includes Cairn, HindZinc, Engineersind, Exideind, Hindalco, NCC, DLF, Federalbank, Kotakbank and IFCI. Stocks seen short build-up includes BPCl, Dabur, Cummins, Mcdowell, Pageind, Ajantapharma, Syndibank, PTC, Arvind and Justdial.
Option statistics: Nifty highest Call option OI for July series stands at 8600 strike price. In today’s trading session, Nifty 8400 and 8500 call option seen unwinding in OI with IV decreasing indicates profit booking. Nifty highest Put Option OI for the July series stands at 8400 strike price. In today’s trading session, Nifty 8300, 8400 and 8500 put option seen addition in OI with IV increasing indicates buying of option.
As mentioned in the yesterday report, Nifty does move towards the level of 8550, making a high of 8526, vindicating our view. Looking into the option data, Nifty likely to move towards the level of 8550-8640 level. On the downside, the immediate support lies around the 8430 level and below that 8380 level.

DERIVATIVE HIGHLIGHT FOR 11-JUL-2016:

Nifty future OI seen addition of 18 lacs in OI and Bank Nifty addition of 2.2 lacs in OI.
Stocks seen long build-up includes BPCL, ALBK, ONGC, HindPetro, Federalbank, Bajfinance, PFC, Srtransfin, Bata India, M&MFinance, NHPC, Andhrabank and Maruti. Stocks seen short build-up includes Indusindbank, Pidilite, Ashokleyland, Justdial and HCLTech.
Option statistics: Nifty highest Call option OI for July series stands at 8700 strike price. In today’s trading session, Nifty 8300, 8400 and 8500 call option seen unwinding in OI with IV increasing indicates short covering by writer of option. Nifty highest Put Option OI for the July series stands at 8200 strike price. In today’s trading session, Nifty 8300, 8400 and 8500 put option seen addition in OI with IV decreasing indicates writing of option.
Looking into the option data, Nifty does break the level of 8400 and is likely to move towards the level of 8550-8640 level. On the downside, the immediate support lies around the 8380 level and below that 8300 level.
Stock in ban for trade on 12-JULY-2016: JPASSOCIATE.

DERIVATIVE HIGHLIGHT FOR 08-JUL-2016:

Nifty future OI seen unwinding of 3 lacs in OI and Bank Nifty addition of 0.2 lacs in OI.
Stocks seen long build-up includes Pidilite, Ajantapharma, PFC, Southbank, Cadila, Indusindbank and Federal Bank. Stocks seen short build-up includes Unionbank, ACC, Bank Baroda, Justdial, Hexaware, Exideind, Bankindia, Arvind and Orientbank.
Option statistics: Nifty highest Call option OI for July series stands at 8500 strike price. In today’s trading session, Nifty 8200, 8300 and 8400 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the July series stands at 8200 strike price. In today’s trading session, Nifty 8200 put option seen addition in OI with IV decreasing indicates writing of option.
Looking into the option data, the immediate support lies around the 8300 level and a sustain trade below 8300 level will open the downside level of 8220-8170 level. On the upside, above 8400 level, Nifty likely to move towards the level of 8450 level.
Stock in ban for trade on 11-JULY-2016: JPASSOCIATE.

DERIVATIVE HIGHLIGHT FOR 07-JUL-2016:

Nifty future OI seen unwinding of 3 lacs in OI and Bank Nifty addition of 0.1 lacs in OI.
Stocks seen long build-up includes BPCL, ACC, PNB, SRF, Suntv, Cadila, Dabur, Lupin, BHEL, Ambuja Cement, IDFC and Exideind. Stocks seen short build-up includes Amaraja, Tata Steel, Apollo Tyre, TVSMotor, TCS, HCLTech, Havells, Adaniport, Bank India and IBReal Estate.
Option statistics: Nifty highest Call option OI for July series stands at 8500 strike price. In today’s trading session, Nifty 8300 and 8400 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the July series stands at 8200 strike price. In today’s trading session, Nifty 8200, 8300 and 8400 put option seen addition in OI with IV decreasing indicates writing of option.
Looking into the option data, the immediate support lies around the 8300 level and a sustain trade below 8300 level will open the downside level of 8220-8170 level. On the upside, above 8400 level, Nifty likely to move towards the level of 8450 level.
Stock in ban for trade on 08-JULY-2016: JPASSOCIATE.

DERIVATIVE HIGHLIGHT FOR 05-JUL-2016:

Nifty future OI seen unwinding of 1 lakh in OI and Bank Nifty unwinding of 0.6 lacs in OI.
Stocks seen long build-up includes GMRInfra, Relinfra, Southbank, PNB, NMDC, OFSS, Marico, CONCOR, ALBK and RelCapital. Stocks seen short build-up includes BPCL, Exideind, Hindalco, JustDial, Amaraja, Ashokleyland, ACC and IGL.
Option statistics: Nifty highest Call option OI for July series stands at 8500 strike price. In today’s trading session, Nifty 8300 and 8400 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the July series stands at 8200 strike price. In today’s trading session, Nifty 8200, 8300 and 8400 put option seen addition in OI with IV decreasing indicates writing of option.
Looking into the option data, the immediate support lies around the 8300 level and a sustain trade below 8300 level will open the downside level of 8220-8170 level. On the upside, above 8400 level, Nifty likely to move towards the level of 8450 level.

DERIVATIVE HIGHLIGHT FOR 04-JUL-2016:

Nifty future OI seen addition of 4 lacs in OI and Bank Nifty addition of 1.1 lacs in OI.
Stocks seen long build-up includes HindZinc, NHPC, Arvind, BPCL, Federalbank, Hindpetro, HDIL, Jet Airways, Jublfood, ALBK, Wockpharma and Adanient. Stocks seen short build-up includes KPIT, Siemens, Yesbank, STAR, Kotakbank and Ashok Leyland.
Option statistics: Nifty highest Call option OI for July series stands at 8500 strike price. In today’s trading session, Nifty 8300 and 8400 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the July series stands at 8000 strike price. In today’s trading session, Nifty 8200, 8300 and 8400 put option seen addition in OI with IV increasing indicates buying of option.
As mentioned in the last report, Nifty does move towards the level of 8400 level, making a high of 8398, vindicating our view. Looking into the option data, the immediate support lies around the 8260 level. On the upside, above 8400 level, Nifty likely to move towards the level of 8450 level.
Stocks in ban for trade on 5-July-2016: NIL

DERIVATIVE HIGHLIGHT FOR 01-JUL-2016:

Nifty future OI seen addition of 4 lacs in OI and Bank Nifty OI remain flat at 1.87 mn.
Stocks seen long build-up includes Mcleod, IBReal Estate, Ceat, PFC, Dishtv, Bank India, Star, Hind Petro, Yesbank, Havells, Tata Global, Hindalco and Jindal Steel. Stocks seen short build-up includes KPIT, HindZinc, Voltas, Jet Airways, Amarajbat, IGL, Siemens and PNB.
Option statistics: Nifty highest Call option OI for July series stands at 8500 strike price. In today’s trading session, Nifty 8200 and 8400 call option seen unwinding in OI with IV decreasing indicates profit booking. Nifty highest Put Option OI for the July series stands at 8000 strike price. In today’s trading session, Nifty 8200, 8300 and 8400 put option seen addition in OI with IV increasing indicates buying of option.
Looking into the option data, Nifty likely to move towards the level of 8400-8450. On the downside, immediate support lies around the 8242 level and below that 8150 level.
Stocks in ban for trade on 4-July-2016: NIL

DERIVATIVE HIGHLIGHT FOR 30-JUN-2016:

The Overall rollover for the July series stands at 83% vs. 84% in the previous series and in tandem with the 3M Average of 83%. Nifty rollover for the new series is on the higher side at 78% vs. 73% in the June series and also higher than 3M Average of 70%. Bank Nifty rollover too is on the higher side at 77% vs. 71% in the previous series and also higher than 3M Average of 71%.
The market-wide position in the derivative segment at the beginning of the July series vis-à-vis June series stands at:

Particulars	July Series	June Series	% Change
OVERALL OI IN NO. OF SHARES (Cr.)	335.81	321.28	4.52%
NIFTY FUT OI IN NO. OF SHARES (Cr.)	1.96	2.04	-3.92%
STOCK FUT OI IN NO. OF SHARES (Cr.)	283.03	279.11	1.40%
BANK NIFTY FUT OI (No. in Mn)	1.87	1.69	10.65%
CALL OPTION OI IN NO. OF SHARES (Cr.)	5.15	5.11	0.78%
PUT OPTION OI IN NO. OF SHARES (Cr.)	4.85	4.90	-1.02%
OI (Rs. in crores)	174476.00	168365.00	3.63%
NIFTY CLOSING	8284.15	8069.65	2.66%

Stocks seen long build-up includes DLF and HDIL.
Option statistics: Nifty highest Call option OI for July series stands at 8500 strike price. In today’s trading session, Nifty 8100 and 8300 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the July series stands at 8000 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 put option seen addition in OI with IV increasing indicates buying of option.
As mentioned in the yesterday report, Nifty does move towards the level of 8300, vindicating our view. Looking into the option data, we expect a sustain move above 8311 will open further upside level of 8400-8450. On the downside, important support lies around the 8140 level and below that 8050 level.

DERIVATIVE HIGHLIGHT FOR 29-JUN-2016:

Nifty future seen addition of 8 lacs in OI and Bank Nifty future seen addition of 0.9 lacs in OI.
Stocks seen long build-up includes JPAssociate, Jet Airways, NMDC, India Cement, Unitech, CONCOR, JSW Energy, Bajaj Auto, TCS, SKSMicro, SRF and Tata Motors. Stocks seen short build-up includes KSCL, Exideind, Srtransfin, Bharti Airtel, Coal India and Biocon.
Option statistics: Nifty highest Call option OI for June series stands at 8300 strike price. In today’s trading session, Nifty 8150 and 8200 call option seen unwinding OI with IV decreasing indicates profit booking. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8150 and 8200 put option seen addition in OI with IV increasing indicates buying of option.
Nifty does break the resistance level of 8150 and is likely to move towards the level of 8280-8300 level. On the downside, important support lies around the 8125 level and below that 8050 level.
Stocks in ban for trade on 30-Jun-2016: CEAT and IBREALEST.

DERIVATIVE HIGHLIGHT FOR 28-JUN-2016:

Nifty future seen addition of 11 lacs in OI and Bank Nifty future seen unwinding of 0.3 lacs in OI.
Stocks seen long build-up includes Godrejind, Tata Comm, Engineers India, Abirla Nuvo, TV18, CONCOR, Apollo Tyre, Ceat, LICHSGFin, NHPC, Hind Petro, DHFL, SRF and CESC. Stocks seen short build-up includes HCLTech, Crompton, Hero Motor, Hexaware, Justdial and OIL.
Option statistics: Nifty highest Call option OI for June series stands at 8300 strike price. In today’s trading session, Nifty 8000 and 8100 call option seen unwinding OI with IV decreasing indicates profit booking. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8100 put option seen addition in OI with IV decreasing indicates writing of option.
Looking into the option data, Nifty immediate resistance lies around the 8150 level. On the downside, important support lies around the 8050 level and below that 7950 level.
Stocks in ban for trade on 29-Jun-2016: CEAT, DLF, HDIL, IBREALEST and RCOM.

DERIVATIVE HIGHLIGHT FOR 27-JUN-2016:

Nifty future seen addition of 10 lacs in OI and Bank Nifty future seen addition of 0.9 lacs in OI.
Stocks seen long build-up includes IBReal Estate, GMRInfra, Abirla Nuvo, ALBK, Ceat, Hind Petro, ACC, IFCI, Biocon, Grasim, NCC, BPCL and BHEL. Stocks seen short build-up includes TCS, Motherson, Justdial, Bajaj Auto, Tata Steel, Hind Zinc and Maruti.
Option statistics: Nifty highest Call option OI for June series stands at 8400 strike price. In today’s trading session, Nifty 8100 and 8200 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8000, 8100 and 8200 put option seen addition in OI with IV increasing indicates buying of option.
Looking into the option data, Nifty immediate resistance lies around the 8150 level. On the downside, important support lies around the 7950 level.
Stocks in ban for trade on 28-Jun-2016: DLF, HDIL, IBREALEST, INDIACEMENT, JETAIRWAYS, RCOM and JPASSOCIATE.

DERIVATIVE HIGHLIGHT FOR 24-JUN-2016:

Nifty future seen unwinding of 15 lacs in OI and Bank Nifty future seen unwinding of 0.2 lacs in OI.
Stocks seen long build-up includes ALBK, PNB, Godrejind and ABirla Nuvo. Stocks seen short build-up includes ICICIbank, Tata Steel, IDBI, M&MFinance, HDIL, Bank India, Unionbank, RelInfra, LT, Ibullhsgfin, Kotakbank, DLF, KPIT and Syndicate bank.
Option statistics: Nifty highest Call option OI for June series stands at 8400 strike price. In today’s trading session, Nifty 8000, 8100 and 8200 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8000, 8100 and 8200 put option seen unwinding in OI with IV decreasing indicates profit booking.
Looking into the option data, Nifty immediate resistance lies around the 8150-8170 level. On the downside, important support lies around the 7950 and below that 7800 level.
Stocks in ban for trade on 27-Jun-2016: HDIL, INDIACEMENT, JETAIRWAYS, RCOM and JPASSOCIATE.

DERIVATIVE HIGHLIGHT FOR 23-JUN-2016:

Nifty future seen addition of 8 lacs in OI and Bank Nifty future seen addition of 0.9 lacs in OI.
Stocks seen long build-up includes ALBK, RCOM, JSWEnergy, Yesbank, Tatamotor, Tata Mtrdvr, Federal Bank, Ultracement and ITC. Stocks seen short build-up includes Infratel, Bataindia, PTC, Wock Pharma, Relinfra, ICIL and Ashok leyland.
Option statistics: Nifty highest Call option OI for June series stands at 8400 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 call option seen unwinding in OI while 8400, 8500 and 8600 call option seen addition in OI with IV increasing indicating buying of option. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 put option seen addition in OI with IV increasing indicates buying of option.
Looking into the option data, Nifty likely to move towards the level of 8350-8400. On the downside, immediate support lies around the 8180 level and below that the crucial support is 8060 level.
Stocks in ban for trade on 24-Jun-2016: CEAT, IBREALEST, INDIACEMENT, JETAIRWAYS, RCOM and JPASSOCIATE.

DERIVATIVE HIGHLIGHT FOR 22-JUN-2016:

Nifty future seen unwinding of 11 lacs in OI and Bank Nifty future seen addition of 0.4 lacs in OI.
Stocks seen long build-up includes Petronet, Motherson, Mcleod, Yesbank, OIL, Sunpharma and DLF. Stocks seen short build-up includes Arvind, Jet Airways, STAR, Infratel, RCOM, Bata India, GAIL, Ashok Leyland, Granules, SAIL and Wock Pharma.
Option statistics: Nifty highest Call option OI for June series stands at 8300 strike price. In today’s trading session, Nifty 8200 and 8300 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 put option seen unwinding in OI.
Looking into the option data, Nifty does break the trading range of 8220-8060 on the upside and is likely to move towards the level of 8300. On the downside, immediate support lies around the 8150 level and below that the crucial support is 8060 level.
Stocks in ban for trade on 23-Jun-2016: CEAT, IBREALEST, JETAIRWAYS and JPASSOCIATE.

DERIVATIVE HIGHLIGHT FOR 21-JUN-2016:

Nifty future seen unwinding of 5 lacs in OI and Bank Nifty future seen unwinding of 0.1 lacs in OI.
Stocks seen long build-up includes Arvind, Centurytext, KPIT, ICIL, PNB, CANBK, REC and Motherson. Stocks seen short build-up includes Ajantapharma, RCOM, Jet Airways, Suntv, UPL, Dish tv, Pidilite and NMDC.
Option statistics: Nifty highest Call option OI for June series stands at 8300 strike price. In today’s trading session, Nifty 8100 and 8200 call option seen unwinding in OI with IV decreasing indicates profit booking. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8100 and 8200 put option seen addition in OI with IV increasing indicates buying of option.
Looking into the option data, Nifty does break the trading range of 8220-8060 on the upside and is likely to move towards the level of 8300-8350. On the downside immediate support lies around the 8175 level and below that the crucial support is 8060 level.
Stocks in ban for trade on 22-Jun-2016: CEAT, IBREALEST and JPASSOCIATE.

DERIVATIVE HIGHLIGHT FOR 20-JUN-2016:

Nifty future seen addition of 8 lacs in OI and Bank Nifty future seen addition of 3.5 lacs in OI.
Stocks seen long build-up includes BEML, Havells, M&M, Godrejind, Heromotor, M&MFin, TCS, Apollo Tyre, India Cement and REC. Stocks seen short build-up includes Cairn, Axisbank, NHPC, NCC, TataChem and Federalbank.
Option statistics: Nifty highest Call option OI for June series stands at 8300 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 call option seen unwinding in OI with IV increasing indicates short covering. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 put option seen addition in OI with IV increasing indicates buying of option.
As mentioned in the last report, Nifty does break the trading range of 8220-8060 on the upside and is likely to move towards the level of 8300-8350. On the downside immediate support lies around the 8150 level and below that the crucial support is 8060 level.
Stocks in ban for trade on 21-Jun-2016: CEAT, IBREALEST and JPASSOCIATE.

DERIVATIVE HIGHLIGHT FOR 17-JUN-2016:

Nifty future OI remain flat at 1.93 crores and Bank Nifty future seen unwinding of 0.7 lacs in OI.
Stocks seen long build-up includes IOB, HDIL, Pidilite, Power Grid, Yesbank, IBRealest, Relinfra and Bharti Airtel. Stocks seen short build-up includes Infratel, Bata India, Wock Pharma, Tata Power, Drreddy, Ashok Leyland, Apollo Hospital, Voltas, KSCL, M&MFin and Cadila.
Option statistics: Nifty highest Call option OI for June series stands at 8300 strike price. In today’s trading session, Nifty 8200 and 8300 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 put option seen addition in OI with IV increasing indicates buying of option.
Looking into the option data, Nifty immediate trading range is 8220-8060 and a break out of the trading range on either side will give direction to the market. A sustain move above 8220 will open upside level of 8300-8350 level and a break down of 8060 level will open the downside level of 7980-7900 level.
Stocks in ban for trade on 20-Jun-2016: CEAT, IBREALEST, JETAIRWAYS, JPASSOCIATE and RCOM.

DERIVATIVE HIGHLIGHT FOR 16-JUN-2016:

Nifty future seen unwinding of 14 lacs in OI and Bank Nifty future seen unwinding of 1 lakh in OI.
Stocks seen long build-up includes Syndibank, ALBK, Indiacement, PNB, Andhrabank, Hindalco, IGL, JSWEnergy and VEDL. Stocks seen short build-up includes Infratel, STAR, Ajantapharma, M&M Finance, Wockpharma, Granules, Apollo Hospital, Relcapital, Cadila and Ceat.
Option statistics: Nifty highest Call option OI for June series stands at 8300 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8100 and 8200 put option seen unwinding in OI with IV increasing indicates short covering by writer of option.
Looking into the option data, Nifty immediate trading range is 8220-8060 and a break out of the trading range on either side will give direction to the market. A sustain move above 8220 will open upside level of 8300-8350 level and a break down of 8060 level will open the downside level of 7980-7900 level.
Stocks in ban for trade on 17-Jun-2016: CEAT, JETAIRWAYS, JPASSOCIATE and RCOM.

DERIVATIVE HIGHLIGHT FOR 15-JUN-2016:

Nifty future seen unwinding of 5 lacs in OI and Bank Nifty future seen addition of 0.8 lacs in OI.
Stocks seen long build-up includes Suntv, IDBI, Heromotor, JSWEnergy, IGL, Dabur, SBIN, Unionbank, CESC, ACC and PTC. Stocks seen short build-up includes Infratel, Ajantapharma, Ceat, Ashok Leyland, MRF, SAIL and HindZinc.
Option statistics: Nifty highest Call option OI for June series stands at 8300 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 call option seen unwinding in OI with IV increasing indicates short covering by writer of option. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 put option seen addition in OI with IV decreasing indicates writing of option.
Looking into the option data, Nifty cross the immediate resistance of 8200 level and is likely to move towards the level of 8300 level. On the downside, immediate support lies around the 8140 level and below that 8060 level.
Stocks in ban for trade on 16-Jun-2016: CANBK, JETAIRWAYS, JPASSOCIATE and RCOM.

DERIVATIVE HIGHLIGHT FOR 14-JUN-2016:

Nifty future seen unwinding of 16 lacs in OI and Bank Nifty future seen unwinding of 0.2 lacs in OI.
Stocks seen long build-up includes IGL, SAIL, PNB, SUNTV, Andhrabank, Unionbank, Bank India and Dabur. Stocks seen short build-up includes Heromotor, Ajantapharma, Castrol, HUL, IBULLHSG and IOC.
Option statistics: Nifty highest Call option OI for June series stands at 8300 strike price. In today’s trading session, Nifty 8100 and 8200 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8000, 8100 and 8200 put option seen unwinding in OI with IV increasing indicates short covering by writer of option.
Looking into the option data, the immediate support lies around the 8080 level and a sustain trade below 8080 will open the downside level of 8000-7980 level. On the upside immediate resistance lies around the 8180-8200 level.
Stocks in ban for trade on 15-Jun-2016: RCOM, INDIACEM and CANBK.

DERIVATIVE HIGHLIGHT FOR 09-JUN-2016:

Nifty future OI remain flat at 2.34 crores and Bank Nifty future seen unwinding of 0.1 lacs in OI.
Stocks seen long build-up includes UCOBank, IFCI, JPassociate, NMDC, Syndibank, Jet Airways, JSWSteel and DHFL. Stocks seen short build-up includes Infy, Adanipower, Heromotor, ACC, Mindtree, KSCL, Asianpaint and IGL.
Option statistics: Nifty highest Call option OI for June series stands at 8300 strike price. In today’s trading session, Nifty 8200 and 8300 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the June series stands at 8100 strike price. In today’s trading session, Nifty 8100 put option seen addition in OI with IV decreasing indicates writing of option.
Looking into the option data, the immediate support lies around the 8190 level and a sustain trade below 8190 will open the downside level of 8110-8080 level. On the upside immediate resistance lies around the 8300 level.
Stocks in ban for trade on 10-Jun-2016: RCOM and CANBK.

DERIVATIVE HIGHLIGHT FOR 08-JUN-2016:

Nifty future seen unwinding of 1 lakh in OI and Bank Nifty future OI remain flat at 1.93 mn.
Stocks seen long build-up includes JSWEnergy, Mcleod, KSCL, Orientbank, Siemens, Syndibank, BEML, BEL, Arvind, Tataglobal and Wockpharma. Stocks seen short build-up includes TVSMotor, Bajajauto, TVSMotor, HDIL, IOC, IRB and Kotakbank.
Option statistics: Nifty highest Call option OI for June series stands at 8300 strike price. In today’s trading session, Nifty 8300 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 put option seen addition in OI with IV increasing indicates buying of option.
As mentioned, Nifty does breakout from the 8250 level and is likely to move towards the upside level of 8330-8350 level. On the downside, immediate support lies around the 8190 level and below that 8110-8080 level.
Stocks in ban for trade on 9-Jun-2016: RCOM and CANBK.

DERIVATIVE HIGHLIGHT FOR 07-JUN-2016:

Nifty future seen addition of 7 lacs in OI and Bank Nifty future seen addition of 1.7 lacs in OI.
Stocks seen long build-up includes Canbk, Unionbank, ICIL, ICICIBank, Andhrabank, IBReal Estate, PNB, M&M, JSWEnergy and Century Textile. Stocks seen short build-up includes Glenmark, Cadila, McLeod, Infratel, UPL and Tata Power.
Option statistics: Nifty highest Call option OI for June series stands at 8400 strike price. In today’s trading session, Nifty 8300 and 8400 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 put option seen addition in OI with IV increasing indicates buying of option.
As mentioned, Nifty does breakout from the 8250 level and is likely to move towards the upside level of 8330-8350 level. On the downside, immediate support lies around the 8190 level and below that 8110-8080 level.
Stocks in ban for trade on 8-Jun-2016: RCOM and CANBK.

DERIVATIVE HIGHLIGHT FOR 06-JUN-2016:

Nifty future seen unwinding of 2 lacs in OI and Bank Nifty future seen unwinding of 0.6 lacs in OI.
Stocks seen long build-up includes Biocon, KTKBank, Hindalco, Godrejind, PTC, IGL, CESC, M&M, Canbank, ITC and Tatamotor. Stocks seen short build-up includes Sunpharma, Infratel, Engieersind, Lupin, ONGC, KSCL and Power Grid.
Option statistics: Nifty highest Call option OI for June series stands at 8400 strike price. In today’s trading session, Nifty 8200 and 8300 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8200 put option seen addition in OI with IV decreasing indicates writing of option.
Looking into the option data, a sustain trade above 8250 will open further upside level of 8340-8350 level. On the downside, immediate support lies around the 8180 level and below that 8110-8080 level.
Stocks in ban for trade on 7-Jun-2016: RCOM.

DERIVATIVE HIGHLIGHT FOR 03-JUN-2016:

Nifty future seen unwinding of 1 lakh in OI and Bank Nifty future seen unwinding of 0.3 lacs in OI.
Stocks seen long build-up includes Godrejind, Techm, Granules, Tata Global and GodrejCP. Stocks seen short build-up includes Idea, Canbank, Bank India, IDBI, Glenmark, ITC, AdaniEnt, Sunpharma, Unionbank, Rcom, Petronet, Motherson, Apollohospital and PNB.
Option statistics: Nifty highest Call option OI for June series stands at 8400 strike price. In today’s trading session, Nifty 8100 and 8300 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8100 and 8200 put option seen addition in OI.
Looking into the option data, a sustain trade above 8250 will open further upside level of 8340-8350 level. On the downside, immediate support lies around the 8180 level and below that 8110-8080 level.
Stocks in ban for trade on 6-Jun-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 02-JUN-2016:

Nifty future seen addition of 1 lakh in OI and Bank Nifty future seen addition of 1 lakh in OI.
Stocks seen long build-up includes Engineersind, GodrejCP, Canbank, Bajfinance, Yesbank, SBIN, ICICIbank, Indusindbank and TechM. Stocks seen short build-up includes HCLTech, GMRInfra, Cadila, Wipro, OFSS, Sunpharma, Torntpharma, Tatapower and IBReal Estate.
Option statistics: Nifty highest Call option OI for June series stands at 8400 strike price. In today’s trading session, Nifty 8100 and 8200 call option seen unwinding in OI while 8300 call option seen addition in OI. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8100 and 8200 put option seen addition in OI with IV decreasing indicate writing of option.
As mentioned and anticipated Nifty does move towards the level of 8240, making a high of 8229 level, vindicating our view. Looking into the option data. a sustain trade above 8240 will open further upside level of 8300-8350 level. On the downside, immediate support lies around the 8170 level and below that 8080 level.
Stocks in ban for trade on 3-Jun-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 01-JUN-2016:

Nifty future seen addition of 1 lakh in OI and Bank Nifty future seen unwinding of 0.4 lacs in OI.
Stocks seen long build-up includes Asianpaint, Abirla Nuvo, Pidiliteind, RCom, ACC, Coalindia, DLF, IOC and TVSMotor. Stocks seen short build-up includes NMDC, Havells, TataElxsi, BHEL, Ibrealest, Suntv, Canbank, SBIN, Jublfood and HCLTech.
Option statistics: Nifty highest Call option OI for June series stands at 8400 strike price. In today’s trading session, Nifty 8200 and 8300 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8000, 8100 and 8200 put option seen addition in OI with IV increasing indicate buying of option.
Looking into the option data, Nifty likely to move further upside to the level of 8240. On the downside, immediate support lies around the 8140 level and below that 8080 level.
Stocks in ban for trade on 2-Jun-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 31-MAY-2016:

Nifty OI remain flat at 2.29 crores and Bank Nifty seen addition of 0.1 lacs in OI.
Stocks seen long build-up includes UBL, Canbk, Yesbank, UPL, IDBI, Idea, IBReal Estate, DLF, SBIN and Biocon. Stocks seen short build-up includes Havells, Bajfinance, Titan, RCom, HCLTech, Sunpharma, Powergrid, Infratel, Tata Elxsi, Amaraja, BPCL, NMDC, ONGC and Torntpharma.
Option statistics: Nifty highest Call option OI for June series stands at 8400 strike price. In today’s trading session, Nifty 8000 and 8100 call option seen unwinding in OI. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8000, 8100 and 8200 put option seen addition in OI with IV decreasing indicate writing of option.
Looking into the option data, Nifty likely to move further upside to the level of 8240. On the downside, immediate support lies around the 8110 level and below that 8000 level.
Stocks in ban for trade on 1-Jun-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 30-MAY-2016:

Nifty seen addition of 9 lacs in OI and Bank Nifty seen unwinding of 0.3 lacs in OI.
Stocks seen long build-up includes McLeod, NTPC, Pageind, Coalindia, CONCOR, Crompton, TechM, L&TFH and PcJeweller. Stocks seen short build-up includes BHEL, NMDC, JublFood, NHPC, Ha.vells, Sunpharma, TataChem, DHFL, Amarajabat, IGL, Orientbank, TVSMotor and DLF.
Option statistics: Nifty highest Call option OI for June series stands at 8400 strike price. In today’s trading session, Nifty 8000, 8100 and 8200 call option seen unwinding in OI. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8000, 8100 and 8200 put option seen addition in OI with IV increasing indicates buying of option.
Looking into the option data, Nifty likely to move further upside to the level of 8240. On the downside, immediate support lies around the 8110 level and below that 8000 level.
Stocks in ban for trade on 31-May-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 27-MAY-2016:

Nifty seen addition of 16 lacs in OI and Bank Nifty seen addition of 1.2 lacs in OI.
Stocks seen long build-up includes BPCL, Biocon, IBReal Estate, Pidiliteind, ALBK, Glenmark, IOC, IRB, Heromotor, UCOBank, GodrejCP, Andhrabank and Relinfra. Stocks seen short build-up includes Cummins, Canbank, TVSMotor, IOB, Engineersind, Indiacement, TechM and M&M.
Option statistics: Nifty highest Call option OI for June series stands at 8200 strike price. In today’s trading session, Nifty 8200, 8300 and 8400 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the June series stands at 8000 strike price. In today’s trading session, Nifty 8000, 8100 and 8200 put option seen addition in OI with IV decreasing indicates writing of option.
As mentioned in the yesterday report, Nifty does achieved the upside target 8140, vindicating our view. Looking into the option data, Nifty likely to move further up to the level of 8240 level. On the downside, immediate support lies around the 8083 level and below that 7990 level.
Stocks in ban for trade on 30-May-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 26-MAY-2016:

The market-wide position in the derivative segment at the beginning of the June series vis-à-vis May series stands at:

Particulars	June Series	May Series	% Change
OVERALL OI IN NO. OF SHARES (Cr.)	321.28	311.82	3.03%
NIFTY FUT OI IN NO. OF SHARES (Cr.)	2.04	2.10	-2.86%
STOCK FUT OI IN NO. OF SHARES (Cr.)	279.11	271.27	2.89%
BANK NIFTY FUT OI (No. in Mn)	1.69	1.68	0.60%
CALL OPTION OI IN NO. OF SHARES (Cr.)	5.11	5.08	0.59%
PUT OPTION OI IN NO. OF SHARES (Cr.)	4.90	4.70	4.26%
OI (Rs. in crores)	168365.00	160588.00	4.84%
NIFTY CLOSING	8069.65	7847.25	2.83%

Overall rollover for the June series stands at 84% vs. 85% in the previous series but slightly higher than 3M Average of 81%.
Nifty rollover for the June series stands at 73% vs. 74% in the previous series and higher than 3M Average of 68%.
Bank Nifty rollover for the new series stands at 71% vs. 75% in the previous series but slightly higher than 3M Average of 70%.

Option statistics: Nifty highest Call option OI for June series stands at 8200 strike price. In today’s trading session, Nifty 8100 and 8200 call option seen addition in OI. Nifty highest Put Option OI for the June series stands at 7800 strike price. In today’s trading session, Nifty 7900, 8000 and 8100 put option seen addition in OI.
Looking into the option data, Nifty has broken the immediate resistance of 7990 level and is likely to move towards the level of 8100-8140 level. On the downside, immediate support lies around the 7950 level.
Stocks in ban for trade on 27-May-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 25-MAY-2016:

Nifty future seen addition of 43 lacs in OI and Bank Nifty seen unwinding of 2.4 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 7850 and 7900 call option seen unwinding in OI. Nifty highest Put Option OI for the May series stands at 7900 strike price. In today’s trading session, Nifty 7850 and 7900 put option seen unwinding in OI.
Stocks seen long build-up includes GMRInfra, GodrejCP, Voltas, IBReal Estate, Infratel, Indusindbank, Techm, Havells, BOSCH, HDIL, Arvind, UPL, M&M, Axisbank, Asianpaint, TCS, Tata Steel, Infy, Maruti and ACC. Stock seen short build-up includes Cipla, Ceat, Bajfinance, Granules and Ashok Leyland.
As mentioned in the yesterday report, Nifty does break the immediate resistance of 7790 and continued the uptrend to achieved the upside target of 7900 and close at 7935 level. Looking into the option data, Nifty likely to see expiry in the range of 7910-7990 level.
Overall Rollover before E-1 trading day stands at 61% vs. 62% in the previous series. Nifty rollover before E-1 trading day stands at 57% vs. 63% in the last series.
Stocks were the rollover before E-1 trading day is lower than 50% includes Heromotor, IFCI, IOB, Yesbank, Godrejind, Adanipower and NHPC. On back of lower rollover in the above stocks one can expect some high volatility on the expiry day.
Stocks in ban for trade on 26-May-2016: IBREALESTATE and INDIACEMENT.

DERIVATIVE HIGHLIGHT FOR 24-MAY-2016:

Nifty future seen addition of 12 lacs in OI and Bank Nifty seen unwinding of 0.5 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 call option seen unwinding in OI. Nifty highest Put Option OI for the May series stands at 7700 strike price. In today’s trading session, Nifty 7800 and 7900 put option seen unwinding in OI with IV decreasing indicates profit booking.
Stocks seen long build-up includes TataChem, Tatamotor, COLPAL, M&MFin, M&M, Pageind, Tatapower, NTPC, Torntpharma and BOSCH. Stock seen short build-up includes Bajaj Auto, KTKBank, NCC, Sunpharma, Motherson, Amaraja, IFCI, Ajantapharma, Andhrabank, Castrol and BPCL.
Looking into the option data, Nifty is has broken the support level of 7770 and is likely to slide towards the level of 7680-7650. On the upside, immediate resistance lies around the 7790 level and a sustain trade above 7790 will open the possibility of 7850-7900 level.
Overall Rollover before E-2 trading day stands at 40% vs. 44% in the previous series. Nifty rollover before E-2 trading day stands at 40% vs. 51% in the last series.
Stocks in ban for trade on 25-May-2016: JINDALSTEEL and INDIACEMENT.

DERIVATIVE HIGHLIGHT FOR 23-MAY-2016:

Nifty future seen unwinding of 19 lacs in OI and Bank Nifty seen unwinding of 0.2 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 7700 and 7900 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the May series stands at 7700 strike price. In today’s trading session, Nifty 7800 and 7900 put option seen unwinding in OI with IV decreasing indicates profit booking.
Stocks seen long build-up includes Powergird, ITC, CESC, ICICIBank, Infratel and Hindzinc. Stock seen short build-up includes Amaraja, Justdial, IDFC, NTPC, Dishtv, BajajAuto, Star, Ajantpharma, Andhrabank and JSWEnergy.
Looking into the option data, Nifty has broken the support level of 7770 and is likely to slide towards the level of 7680-7650. On the upside, immediate resistance lies around the 7840 level.
Overall Rollover before E-3 trading day stands at 28% vs. 25% in the previous series. Nifty rollover before E-3 days stands at 32% vs. 31% in the last series.

DERIVATIVE HIGHLIGHT FOR 20-MAY-2016:

Nifty future seen unwinding of 4 lacs in OI and Bank Nifty seen unwinding of 0.5 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the May series stands at 7700 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 put option seen unwinding in OI with IV decreasing indicates profit booking.
Stocks seen long build-up includes KTKBank, ITC, Havells, Justdial and Idea. Stock seen short build-up includes Hexaware, Adanient, Albk, Lupin, JPAssociate, Jet Airways, UBL, RCom, Colpal, Orientbank, Tatamotor, Star, JISLJAL, Reliance and KSCL.
Nifty does break the trading range on the downside to close at 7750 level. Looking into the option data, Nifty likely to slide towards the level of 7650. On the upside immediate resistance lies around the 7840 level.
Stocks in ban for trade on 23-05-2016: HDIL, IBREALEST and JINDALSTEL.

DERIVATIVE HIGHLIGHT FOR 19-MAY-2016:

Nifty future seen addition of 9 lacs in OI and Bank Nifty seen addition of 0.4 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the May series stands at 7700 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 put option seen unwinding in OI with IV increasing indicates short covering by wirter of option.
Stocks seen long build-up includes HDIL, UBL, Infratel, PTC and TataMotor. Stock seen short build-up includes Castrol, Ceat, DHFL, Hindalco, SBIN, Orientbank, Adaniport, Suntv, Unitech, Tatapower, LT, Canbank and Cipla.
Looking into the option data, Nifty likely to trade in the range of 7950-7770 and a breakout of the trading range on either side on closing basis likely to give direction to the market. A close above 7950 will open the upside level of 8100 and a break down of the 7770 level will open the downside level of 7650 level.
Stocks in ban for trade on 19-05-2016: HDIL, IBREALEST and JINDALSTEL.

DERIVATIVE HIGHLIGHT FOR 18-MAY-2016:

Nifty future seen addition of 2 lacs in OI and Bank Nifty seen addition of 0.5 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 7700 and 7800 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the May series stands at 7800 strike price. In today’s trading session, Nifty 7800 and 7900 put option seen addition in OI with IV increasing indicates buying of option.
Stocks seen long build-up includes IBReal Estate, HDIL, Tatacomm, PNB, Hexaware, Bank India and SAIL. Stock seen short build-up includes Castrol, STAR, UBL, Motherson, IGL, Hindunilever, BHEL, Ultracement, NCC and Divislab.
Looking into the option data, Nifty likely to trade in the range of 7950-7770 and a breakout of the trading range on either side on closing basis likely to give direction to the market. A close above 7950 will open the upside level of 8100 and a break down of the 7770 level will open the downside level of 7650 level.

DERIVATIVE HIGHLIGHT FOR 17-MAY-2016:

Nifty future seen addition of 6 lacs in OI and Bank Nifty seen addition of 0.5 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 call option seen unwinding in OI with IV decreasing indicates profit booking. Nifty highest Put Option OI for the May series stands at 7800 strike price. In today’s trading session, Nifty 7800 and 7900 put option seen addition in OI with IV increasing indicates buying of option.
Stocks seen long build-up includes Voltas, Syndibank, Motherson, Asianpaint, Suntv, Petronet and HDIL. Stock seen short build-up includes Castrol, Mcdowell, DHFL, Hexaware, Kotakbank, STAR, Dabut, HUL and Tatamotor.
Looking into the option data, Nifty likely to trade in the range of 7950-7770 and a breakout of the trading range on either side on closing basis likely to give direction to the market. A close above 7950 will open the upside level of 8100 and a break down of the 7770 level will open the downside level of 7650 level.
Stocks in ban for trade on 18-May-2016: Orientbank and Jindalsteel.

DERIVATIVE HIGHLIGHT FOR 16-MAY-2016:

Nifty future OI remain flat at 1.82 crores and Bank Nifty seen unwinding of 0.4 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 79000 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the May series stands at 7700 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 put option seen addition in OI.
Stocks seen long build-up includes KSCL, Lupin, BOSCH, Suntv, Hexaware, Kotakbank, Asian paint, Hindunilvr, Ajantapharma, Tatamotor and Bajfinance. Stock seen short build-up includes Bank Baroda, Syndibank, SBIN, Castrol, UBL, ICICIbank, Unionbank, SAIL and Andhrabank.
Looking into the option data, the immediate support lies around the 7780-7770 level and a sustain trade below 7770 will open further downside level of 7700-7650. On the upside immediate resistance lies around the 7900 level and a sustain trade above 7900 will open upside target of 7990 level.

DERIVATIVE HIGHLIGHT FOR 13-MAY-2016:

Nifty future seen unwinding of 6 lacs in OI and Bank Nifty seen unwinding of 0.5 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 7700, 7800 and 79000 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the May series stands at 7800 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 put option seen unwinding in OI.
Stocks seen long build-up includes Suntv, Glenmark, Divislab, KSCL and Jublfood. Stock seen short build-up includes Eichermotor, Ucobank, Relinfra, UBL, SRF, Hindunilvr, IDBI, Cadila, Tata Steel, Bharat Forge, Unionbank, Hexaware, RCOM, Heromotor, SAIL and DLF.
Nifty does break the support of 7838 and close well below this level. Looking into the option data, a sustain trade below 7780 will open further downside level of 7700-7650. On the upside immediate resistance lies around the 7900 level and a sustain trade above 7900 will open upside target of 7990 level.
Stock in ban for trade on 16-May-2016: ORIENTBANK, IBREALEST and JINDALSTEL.

DERIVATIVE HIGHLIGHT FOR 12-MAY-2016:

Nifty future seen addition of 4 lacs in OI and Bank Nifty seen addition of 1.3 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 7900 and 8000 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the May series stands at 7700 strike price. In today’s trading session, Nifty 7800, 7900 and 8000 put option seen addition in OI with IV decreasing indicates writing of option.
Stocks seen long build-up includes Arvind, UBL, IBReal Estate, DHFL, Cairn, DLF, ICICIBank, IBULhsgfin, BOSCH, Suntv, Indusinbank and Hindalco. Stock seen short build-up includes Eichermotor, Ucobank, Syndibank, Relinfra, M&M, Justdial and Kotakbank.
Nifty does cross the resistance level of 7900 and thereby opening the upside level of 7980 as mentioned in yesterday report. On the downside, immediate support lies around the 7838 level.
Stock in ban for trade on 13-May-2016: ORIENTBANK, IBREALEST and JINDALSTEL.

DERIVATIVE HIGHLIGHT FOR 11-MAY-2016:

Nifty future seen unwinding of 17 lacs in OI and Bank Nifty seen unwinding of 2 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 7700 and 7900 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the May series stands at 7700 strike price. In today’s trading session, Nifty 7700 and 7900 put option seen unwinding in OI with IV increasing indicates covering by writer of option.
Stocks seen long build-up includes ZEEL, Voltas, Bajfinance, Biocon, Dishtv and SRF. Stock seen short build-up includes Havells, Unitech, IBReal Estate, PNB, PFC, ALBK, Tatamktor, Canbank and PTC.
Looking into the option data, the immediate resistance level lies around the 7900 level and sustain trade above 7900 will open further upside level of 7980 level. On the downside, immediate support lies around the 7750 level.
Stock in ban for trade on 12-May-2016: ORIENTBANK

DERIVATIVE HIGHLIGHT FOR 10-MAY-2016:

Nifty future seen addition of 3 lacs in OI and Bank Nifty OI remain flat at 1.77 mn.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 call option seen unwinding in OI with IV decreasing indicates long unwinding. Nifty highest Put Option OI for the May series stands at 7700 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 put option seen addition in OI.
Stocks seen long build-up includes Cummins, KSCL, Havells, ACC, Crompton, Cadila, Axisbank and Granules. Stock seen short build-up includes Ceat, Apollotyre, Apollo Hospital, CONCOR, Adanient, M&MFin and ZEEL.
As mentioned, Nifty does achieved the target of 7900, making a high of 7897, vindicating our view. Looking into the option data, a sustain move above 7900 will open further upside level of 7980 level. On the downside, immediate support lies around the 7750 level.
Stock in ban for trade on 11-May-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 9-MAY-2016:

Nifty future seen addition of 8 lacs in OI and Bank Nifty OI remain flat at 1.77 mn.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 call option seen unwinding in OI with IV increasing indicates short covering by writer of option. Nifty highest Put Option OI for the April series stands at 7700 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 put option seen addition in OI with IV decreasing indicates writing of option.
Stocks seen long build-up includes SRF, BEML, Asianpaint, Jet Airways, Arvind, Tatamoor, Kotakbank, Bajfinance, Relcapital, NTPC, NCC, Maruti and M&M. Stock seen short build-up includes Drreddy, Hindunilever, Ceat, Apollo Tyre, Justdial and Hindpero,
As mentioned in the last report, Nifty does gather momentum on the upside once the 7780 resistance was sustain to achieved our upside target 7840, making a high of 7873, vindicating our view. Looking into the option data, Nifty likely to inch higher towards the level of 7900 and above that the 7980 level would be the next target. On the downside immediate support lies around the 7750 level.
Stock in ban for trade on 10-May-2016: IBReal Estate.

DERIVATIVE HIGHLIGHT FOR 6-MAY-2016:

Nifty future seen unwinding of 6 lacs in OI and Bank Nifty seen addition of 0.1 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the April series stands at 7700 strike price. In today’s trading session, Nifty 7800 and 7900 put option seen unwinding in OI.
Stocks seen long build-up includes Voltas, Titan, IDFC, GAIL, IGL, CESC, Dabur, Jublfood, UBL, Andhrabank, Orientbank and Arvind. Stock seen short build-up includes Wockpharma, CONCOR, Crompton, PNB, Ultracement, Drreddy, Mcdowell and Suntv.
Looking into the option data, Nifty immediate support lies around the 7700 level and a sustain trade below 7700 will open further downside level of 7550 level. On the upside, immediate resistance lies around the 7780 level and above that 7840-7900 level.
Stock in ban for trade on 9-May-2016: IBReal Estate.

DERIVATIVE HIGHLIGHT FOR 5-MAY-2016:

Nifty future seen unwinding of 9 lacs in OI and Bank Nifty seen unwinding of 0.8 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8100 strike price. In today’s trading session, Nifty 7800 and 7900 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7700 strike price. In today’s trading session, Nifty 7800 and 7900 put option seen unwinding in OI.
Stocks seen long build-up includes Castrol, Siemens, SRF, UBL, IBReal Estate, Tata Steel, Bajfinance, Crompton, Mcdowell, SKSMicro and Suntv. Stock seen short build-up includes Hexaware, Titan, Srtransfin, PcJeweller, Eicher Motor, Concor, Cadia, Granules, Amaraja and Arvind.
Looking into the option data, Nifty immediate support lies around the 7700 level and a sustain trade below 7700 will open further downside level of 7550 level. On the upside, immediate resistance lies around the 7780 level and above that 7840-7900 level.
Stock in ban for trade on 6-May-2016: IBReal Estate.

DERIVATIVE HIGHLIGHT FOR 4-MAY-2016:

Nifty future seen unwinding of 6 lacs in OI and Bank Nifty seen unwinding of 1.3 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8000 strike price. In today’s trading session, Nifty 7700 and 7800 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7700 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 put option seen unwinding in OI.
Stocks seen long build-up includes Biocon, Mcdowell, Federal Bank, Jet Airways and Auropharma. Stock seen short build-up includes Adaniport, UBL, ICICIbank, Hexaware, Unionbank, Relinfra, NCC, Orientbank, SAIL, Suntv, Adanipower, Bankindia, Ambuja Cement, Relcapital and Andhrabank.
Looking into the option data, Nifty immediate support lies around the 7700 level and a sustain trade below 7700 will open further downside level of 7550 level. On the upside, immediate resistance lies around the 7815 level and above that 7900 level.
Stock in ban for trade on 5-May-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 3-MAY-2016:

Nifty future seen addition of 1 lakh in OI and Bank Nifty seen addition of 1.1 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8200 strike price. In today’s trading session, Nifty 7800, 7900 and 8000 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7700 strike price. In today’s trading session, Nifty 7800 and 7900 put option seen unwinding in OI.
Stocks seen long build-up includes Tata Power, IBrealestate, Concor, Asianpaint and Adani Port. Stock seen short build-up includes TVS Motor, Srtransfin, MRF, Hcltech, Justdial, Ambuja Cement, GMRInra, Sunphharma, Arvind, Hindunilvr, UPL, Drreddy, Bank India, Hexaware, Infy, Granules, ICICIbank and Jublfood.
Looking into the option data, Nifty immediate support lies around the 7700 level and a sustain trade below 7700 will open further downside level of 7550 level. On the upside as mentioned Nifty immediate resistance lies around the 7900 level and above that the crucial resistance at 7980 level. A sustain trade above 7980 will open the possibility of 8100 level on the upside.
Stock in ban for trade on 4-May-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 2-MAY-2016:

Nifty future seen unwinding of 8 lacs in OI and Bank Nifty seen addition of 0.2 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8200 strike price. In today’s trading session, Nifty 7800, 7900 and 8000 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7700 strike price. In today’s trading session, Nifty 7900 and 8000 put option seen unwinding in OI.
Stocks seen long build-up includes UPL, Srtransfin, NCC, VEDL, L&TFH, India Cement, Federalbank, NHPC, ICIL, Titan, MRF and Cairn. Stock seen short build-up includes Bank India, Canbank, Drreddy, HCLTech, PNB and Exide Ind.
Looking into the option data, Nifty immediate resistance lays around 7900 and above that the crucial resistance at 7980 level. A sustain trade above 7980 will open the possibility of 8100 level on the upside. On the downside, Nifty likely to find support around 7770 and below that 7700 level.
Stock in ban for trade on 3-May-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 29-APR-2016:

Nifty future seen addition of 7 lacs in OI and Bank Nifty seen addition of 1.6 lacs in OI.
Option statistics: Nifty highest Call option OI for May series stands at 8200 strike price. In today’s trading session, Nifty 7800, 7900 and 8000 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7700 strike price. In today’s trading session, Nifty 7800 and 8000 put option seen addition in OI.
Stocks seen long build-up includes Biocon, Bata India, DLF, IBReal Estate, India Cement, UPL, Century Textile, SAIL and Dabur. Stock seen short build-up includes HCLTech, NCC, Arvind, Ceat, Idea, Hexaware, MRF, Hindunilvr, Justdial, ICICI Bank, Srttransfin, Apollotyre, Bank India, AlBK, Reliance, Orient Bank and Jindal Steel.
As mentioned in the yesterday report Nifty does slide towards the level of 7823, making a low of 7789, vindicating our view. Looking into the option data, Nifty immediate resistance lays around 7900 and above that the crucial resistance at 7980 level. A sustain trade above 7980 will open the possibility of 8100 level on the upside. On the downside, Nifty likely to find support around 7770 and below that 7700 level.
Stock in ban for trade on 2-May-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 28-APR-2016:

The market-wide position in the derivative segment at the beginning of the May series vis-à-vis April series:

Particulars	May Series	April Series	% Change
OVERALL OI IN NO. OF SHARES (Cr.)	311.82	294.62	5.84%
NIFTY FUT OI IN NO. OF SHARES (Cr.)	2.10	2.04	2.94%
STOCK FUT OI IN NO. OF SHARES (Cr.)	271.27	255.08	6.35%
BANK NIFTY FUT OI (No. in Mn)	1.68	1.78	-5.62%
CALL OPTION OI IN NO. OF SHARES (Cr.)	5.08	5.58	-8.96%
PUT OPTION OI IN NO. OF SHARES (Cr.)	4.70	4.30	9.30%
OI (Rs. in crores)	160588.00	154018.00	4.27%
NIFTY CLOSING	7847.25	7738.40	1.41%

Option statistics: Nifty highest Call option OI for May series stands at 8200 strike price. In today’s trading session, Nifty 7800, 7900 and 8000 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7700 strike price. In today’s trading session, Nifty 7800, 7900 and 8000 put option seen addition in OI.
Stock seen short build-up includes NHPC, Jublfood, HCLTech and Hindalco.
Nifty fail to sustain above the resistance level of 7980 and break the support of 7900 and is likely to move towards the level of 7823-7770 level. On the upside immediate resistance lies around the 7920 level.
Overall rollover for the May series stands at 85% vs. 80% in the previous series and also higher than 3M Average of 80%. Nifty rollover too is on the higher side at 74% vs. 63% in the last series and also higher than 3M Average of 67%. Bank Nifty rollover too is on the higher side at 75% vs. 67% in the last series and also higher than 3M Average of 70%.
Stock in ban for trade on 29-Apr-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 27-APR-2016:

Nifty future seen addition of 20 lacs in OI and Bank Nifty future seen unwinding of 1.3 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 8000 call option seen unwinding in OI while 7950 and 8050 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7700 strike price. In today’s trading session, Nifty 7950 and 8000 put option seen addition in OI.
Stock seen long build-up includes ONGC, KPIT, Godrejind, Dabur, IDFC, Adani Ent, Yesbank, BEL, Exideind, Bhartiartl and GAIL. Stock seen short build-up includes NHPC, MRF, TVSMotor, HCLTECH, Mindtree, Auropharma, Ultracem, Star, Ceat and SBI.
Nifty seen a smart bounce back from the low level of 7823 to close just near to the immediate resistance level of 7980. Looking into the option data, a sustain trade above 7980 can open upside level of 8100 level. On the downside, immediate support lies around the 7900 level and below that 7823-7800 level
Overall rollover before E-1 day stand at 62% vs. 61% in the last series and Nifty rollover before E-1 day is on the higher side at 63% vs. 52% in the last series. However, Bank Nifty rollover before E-1 day is on the lower side at 47% vs. 54% in the last series.
Stocks were the rollover before E-1 day is lower than 50% includes PNB, HindZinc, Jindal Steel and RPower. On back of lower rollover one can expect some high volatility in the above stocks.
Stock in ban for trade on 28-Apr-2016: JPASSOCIATE, IBREALESTATE and INDIACEM.

DERIVATIVE HIGHLIGHT FOR 26-APR-2016:

Nifty future seen addition of 38 lacs in OI and Bank Nifty future seen addition of 1.9 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7800, 7900 and 8000 call option seen unwinding in OI. Nifty highest Put Option OI for the April series stands at 7800 strike price. In today’s trading session, Nifty 7900 and 8000 put option seen addition in OI.
Stock seen long build-up includes Kotakbank, Bajfinance, Unitech, NHPC, Maruti, RPower, NCC, Tata Power, Indusindbank, RCom, Power Grid, Voltas, Asianpaint and IOC. Stock seen short build-up includes Infratel, Adanipower, Godrejind, Heromotor, McDowell, Godrejcp and UBL.
Nifty seen a smart bounce back from the low level of 7823 to close just near to the immediate resistance level of 7980. Looking into the option data, a sustain trade above 7980 can open upside level of 8100 level. On the downside, immediate support lies around the 7900 level and below that 7823-7800 level
Overall rollover before E-2 day’s stand at 44% vs. 42% in the last series and Nifty rollover before E-2 days is at 51% vs. 44% in the last series.
Stock in ban for trade on 27-Apr-2016: JINDALSTEL, IBREALESTATE and INDIACEM.

DERIVATIVE HIGHLIGHT FOR 25-APR-2016:

Nifty future seen addition of 1lacs in OI and Bank Nifty future seen addition of 0.3 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7800, 7900 and 8000 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7800 strike price. In today’s trading session, Nifty 7800, 7900 and 8000 put option seen unwinding in OI.
Stock seen long build-up includes CESC, Ceat, ICICIBank, M&MFinance, Pidilite, Exideind, Granules, Crompton and BPCL. Stock seen short build-up includes Unionbank, JSWEnergy, NTPC, Motherson, IRB, ITC, Infratel, IBReal Estate, HDFC, L&TFH, PcJeweller, Sunpharma, Cairn, RPower, Relinfra, Asian Paint and Concor.
As mentioned, Nifty does break the immediate support of 7870 level and is likely to move towards the support at 7800-7772. On the upside immediate resistance lies around the 7980 level and a sustain trade above 7980 can open upside level of 8100 level.
Overall rollover before E-3 day’s stand at 25% vs. 23% in the last series and Nifty rollover before E-3 days is at 31% vs. 30% in the last series.
Stock in ban for trade on 26-Apr-2016: JINDALSTEL, IBREALESTATE and INDIACEM.

DERIVATIVE HIGHLIGHT FOR 22-APR-2016:

Nifty future seen addition of 5 lacs in OI and Bank Nifty future seen addition of 0.3 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7800, 7900 and 8000 call option seen unwinding in OI. Nifty highest Put Option OI for the April series stands at 7800 strike price. In today’s trading session, Nifty 7800 and 7900 put option seen addition in OI.
Stock seen long build-up includes M&MFinance, UCOBank, IFCI, IGL, Castrol, REC, Syndicate Bank, IOC, RPower and PNB. Stock seen short build-up includes Ceat, PcJeweller, Sunpharma, UBL, Bharat Forge, Pidilite Ind, KSCL, BHEL and L&TFH.
As mentioned, Nifty does resist around the 7980 level and a sustain trade above 7980 can lead to further upside level of 8100 level. On the downside, immediate support lies around the 7870 level and a sustain trade below this level will open the possibility of 7800-7772 level.
Stock in ban for trade on 25-Apr-2016: JINDALSTEL.

DERIVATIVE HIGHLIGHT FOR 21-APR-2016:

Nifty future OI remain flat at 1.98 cr and Bank Nifty future seen addition of 1.4 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7800 and 7900 call option seen unwinding in OI. Nifty highest Put Option OI for the April series stands at 7800 strike price. In today’s trading session, Nifty 7800, 7900 and 8000 put option seen addition in OI.
Stock seen long build-up includes Arvind, RECLTD, Divislab, Castrolind, Syndicate bank, ICICIBank, IDBI, Unionbank and OIL. Stock seen short build-up includes Wipro, Power Grid, Apollo Tyre, Pidilte Ind, IBReal Estate, JSWEnergy, Unitech, McLeod, Bata India, Induindbank, M&MFinance and PTC.
As mentioned, Nifty does resist around the 7980 level and a sustain trade above 7980 can lead to further upside level of 8100 level. On the downside, immediate support lies around the 7870 level and a sustain trade below this level will open the possibility of 7800-7772 level.
Stock in ban for trade on 22-Apr-2016: JINDALSTEL.

DERIVATIVE HIGHLIGHT FOR 20-APR-2016:

Nifty future OI seen addition of 11 lacs in OI and Bank Nifty future seen addition of 1.7 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7900 and 8000 call option seen unwinding in OI. Nifty highest Put Option OI for the April series stands at 7800 strike price. In today’s trading session, Nifty 7800, 7900 and 8000 put option seen addition in OI.
Stock seen long build-up includes Wipro, IGL, Havells, NMDC, HindZinc, Tata Power, Coal India, Jindal Steel, SKSMicro, Cairn, Tata Elxsi, IBReal Estate, Tata Steel and Voltas. Stock seen short build-up includes UBL, Unionbank, Petronet, Pidiliteind, LICHSGFIN, Bajfinance, Tornt Pharma, Maruti, Jet Airways and RelCapital.
As mentioned and anticiaptal, Nifty does achieved the first upside target of 7950, vindicating our view. Looking into the option data, a sustain trade above 7980 can lead to further upside level of 8100 level. On the downside, immediate support lies around the 7800 level.
Stock in ban for trade on 21-Apr-2016: JINDALSTEL.

DERIVATIVE HIGHLIGHT FOR 18-APR-2016:

Nifty future OI seen unwinding of 1 lakh in OI and Bank Nifty future seen unwinding of 0.3 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7900 and 8000 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7800 strike price. In today’s trading session, Nifty 7800, 7900 and 8000 put option seen addition in OI.
Stock seen long build-up includes Voltas, Titan, Dabur, Infy, BPCL, IBulhsgfin, IBReal Estate, Mindtree, Wipro, TVS Motor and HDIL. Stock seen short build-up includes Cummins, Relinfra, Castrol, Arvind, Gail, IGL, L&TFH, Cairn and PNB.
As mentioned in the last report, Nifty does sustained above the resistance level of 7880 and is likely to move towards the level of 7950-7980 level. On the downside, immediate support lies around the 7770 level.
Stock in ban for trade on 20-Apr-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 13-APR-2016:

Nifty future OI seen addition of 17 lacs in OI and Bank Nifty future seen addition of 0.9 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 call option seen unwinding in OI. Nifty highest Put Option OI for the April series stands at 7500 strike price. In today’s trading session, Nifty 7700, 7800 and 7900 put option seen addition in OI.
Stock seen long build-up includes Indusindbank, Hero Motor, Hindunilvr, GAIL, Wipro, BEML, NCC, RECLTD, TVS Motor, HDIL, McDowell, Bajfinance and LT. Stock seen short build-up includes PcJeweller, Infy, Exideind, Ashokley and Castrol.
As anticipated and mentioned Nifty achieved the upside target of 7780, vindicating our view. The immediate resistance lies near to the 7880 level. A sustain trade above 7880 level will open the further upside target of 7950-7980 level. On the downside immediate support lies around the 7750 level.
Stock in ban for trade on 18-Apr-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 12-APR-2016:

Nifty future OI seen unwinding of 4 lacs in OI and Bank Nifty future seen unwinding of 0.9 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7500 and 7600 call option seen unwinding in OI. Nifty highest Put Option OI for the April series stands at 7500 strike price. In today’s trading session, Nifty 7500, 7600 and 7700 put option seen addition in OI.
Stock seen long build-up includes McDowell, BEML, Ceat, Hero Motor, MRF, Just Dial, Granules, Wock Pharma, TVS Motor, Biocon and PcJeweller. Stock seen short build-up includes Coal India, REC, Abrila Nuvo, Syndicate Bank and Mcleod.
As mentioned in yesterday report, Nifty does pull from the support level of 7500 and seen a smart bounce back to cross the immediate resistance level of 7730, thereby opening the upside target of 7740-7780 level. On the downside, immediate support lies around the 7590 level and below that 7500 level.
Stock in ban for trade on 13-Apr-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 11-APR-2016:

Nifty future OI seen unwinding of 1 lakh in OI and Bank Nifty future seen unwinding of 0.5 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7600 and 7700 call option seen unwinding in OI. Nifty highest Put Option OI for the April series stands at 7500 strike price. In today’s trading session, Nifty 7500, 7600 and 7700 put option seen addition in OI.
Stock seen long build-up includes Tata Elxsi, Havells, Amajabat, NCC, Hindalco, Syndibank, Biocon, Powergrid, Ajanta Pharma, Bajfinance and Justdial. Stock seen short build-up includes BEML, Ambuja Cement, McDowell, KSCL, UBL and Cipla.
As mentioned in yesterday report, Nifty does pull from the support level of 7500 and seen a smart bounce back to cross the immediate resistance level of 7730, thereby opening the upside target of 7740-7780 level. On the downside, immediate support lies around the 7590 level and below that 7500 level.
Stock in ban for trade on 12-Apr-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 8-APR-2016:

Nifty future OI remain flat at 1.76 cr. and Bank Nifty future seen addition of 0.8 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7600 and 7700 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7500 strike price. In today’s trading session, Nifty 7500, 7600 and 7700 put option seen unwinding in OI.
Stock seen long build-up includes Ajanta Pharma, Jindal Steel, Havells, DLF, Voltas, ACC, Bajfinance, HDIL, L&TFH and Bata India. Stock seen short build-up includes BEML, CONCOR, Crompton, ITB, TV18, JSWEnergy, Dishtv, IDBI and Maruti.
Looking into the option data, Nifty likely to find support in the range of 7500-7480 level with highest put option OI for the April series at 7500 strike price. A close below 7480 level can open further downside to the level of 7350 level. On the upside immediate resistance lies around the 7630 level. A sustain trade above the 7630 level will open the upside level of 7740-7780 level.
Stocks in ban for trade on 11-Apr-16: NIL

DERIVATIVE HIGHLIGHT FOR 7-APR-2016:

Nifty future seen unwinding of 13 lacs in OI and Bank Nifty future seen unwinding of 0.6 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7600 and 7700 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7500 strike price. In today’s trading session, Nifty 7500, 7600 and 7700 put option seen unwinding in OI.
Stock seen long build-up includes BHEL, CONCOR, M&MFinance, Wock Pharma and SRTTRANSFIN. Stock seen short build-up includes Tata Power, Amarajabat, McDowell, Voltas, Unionbank, BEML, Engineersind, Arinvd, Petronet, HDFC, Havells and TechM.
As mentioned in yesterday report, Nifty does slide towards the downside target of 7540, vindicating our view. Looking into the option data, Nifty likely to find support in the range of 7500-7480 level. A close below 7480 level can open further downside level to the level of 7350 level. On the upside immediate resistance lies around the 7650 level.
Stocks in ban for trade on 8-Apr-16: NIL

DERIVATIVE HIGHLIGHT FOR 6-APR-2016:

Nifty future seen unwinding of 7 lacs in OI and Bank Nifty future OI remain unchanged at 18.5 lacs.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7600, 7700 and 7800 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7500 strike price. In today’s trading session, Nifty 7600, 7700 and 7800 put option seen addition in OI.
Stock seen long build-up includes Havells. Tata Steel, Grasim, Volas, L&TFH, Cummins, Apollotyre, Ambuja Cement, Bajfinance, Titan, JSWSteel, Relinfra, DLF and ICIL. Stock seen short build-up includes BEML, Amarajbat, Unionbank, McDowell, Ajanta Pharma, Bank India, PcJeweller and Orientbank.
Looking into the option data, Nifty does break the support level of 7670 and is likely to move towards the level of 7540 level. On the upside, immediate resistance lies around the 7700 level.
Stocks in ban for trade on 7-Apr-16: NIL

DERIVATIVE HIGHLIGHT FOR 5-APR-2016:

Nifty future seen unwinding of 9 lacs in OI and Bank Nifty future seen addition of 1.3 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7600, 7700 and 7800 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7500 strike price. In today’s trading session, Nifty 7600 and 7700 put option seen addition in OI.
Stock seen long build-up includes Biocon, Ajanta Pharma, L&TFH, IOC and PCJeweller. Stock seen short build-up includes Exideind, Hindzinc, GMRInfra, GodrejCP, Unionbank, Bata India, LT, Bank India, SBIN, Jindal Steel, Coal India, Arvind, Voltas and Yes Bank.
As mentioned in yesterday report, Nifty does break the support level of 7670 and is likely to move towards the level of 7540 level. On the upside, immediate resistance lies around the 7715 level.

DERIVATIVE HIGHLIGHT FOR 4-APR-2016:

Nifty future seen addition of 4 lacs in OI and Bank Nifty future seen unwinding of 1.3 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7700 and 7800 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7500 strike price. In today’s trading session, Nifty 7600, 7700 and 7800 put option seen addition in OI.
Stock seen long build-up includes Hindzinc, GodrejCP, Hindalco, McDowell, Bata India, IGL, Adanient and RCom. Stock seen short build-up includes GMRInfra, Bank India, BEML, Federalbank, STAR, Syndicate Bank, HDFC, Arvind, Coalindia and Just Dial.
Looking into the option data, the immediate support lies around the 7670 level and sustain trade below this level will open the downside level of 7540 level. On the upside, Nifty is facing some stiff resistance in the band of 7780-7800 level and sustain trade above 7800 level will open the possibility of 7920 level.
Stocks in ban for trade on 5-Apr-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 1-APR-2016:

Nifty future seen unwinding of 3 lacs in OI and Bank Nifty future seen addition of 0.7 lacs in OI.
Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7600 and 7800 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7500 strike price. In today’s trading session, Nifty 7600 and 7700 put option seen addition in OI.
Stock seen long build-up includes Hind Zinc, TVS Motor, Unionbank, HDIL, BHEL, Syndicate Bank, ALBK, Voltas, UCOBank, Relinfra, PNB, IDBI, DLF and Andhrabank. Stock seen short build-up includes Havells, JSWEnergy, TechM, MRF, ONGC, REC and Drreddy.
Looking into the option data, the immediate support lies around the 7670 level and sustain trade below this level will open the downside level of 7540 level. On the upside Nifty is facing some stiff resistance in the band of 7780-7800 level and sustain trade above 7800 level will open the possibility of 7920 level.
Stocks in ban for trade on 4-Apr-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 31-MAR-2016:

The market-wide position in the derivative segment at the beginning of the April series vis-à-vis March series stands at:

Particulars	April Series	March Series	% Change
OVERALL OI IN NO. OF SHARES (Cr.)	294.62	303.11	-2.80%
NIFTY FUT OI IN NO. OF SHARES (Cr.)	2.04	1.93	5.70%
STOCK FUT OI IN NO. OF SHARES (Cr.)	255.08	265.63	-3.97%
BANK NIFTY FUT OI (No. in Mn)	1.78	2.38	-25.21%
CALL OPTION OI IN NO. OF SHARES (Cr.)	5.58	5.61	-0.53%
PUT OPTION OI IN NO. OF SHARES (Cr.)	4.30	4.67	-7.92%
OI (Rs. in crores)	154018.00	144667.00	6.46%
NIFTY CLOSING	7738.40	6970.60	11.01%

Option statistics: Nifty highest Call option OI for April series stands at 8000 strike price. In today’s trading session, Nifty 7600, 7700 and 7800 call option seen addition in OI. Nifty highest Put Option OI for the April series stands at 7500 strike price. In today’s trading session, Nifty 7600, 7700 and 7800 put option seen addition in OI.
Overall Rollover for the April series stands at 80% vs. 79% in the last series and in tandem with 3M Average of 81%. Nifty rollover is on the lower side at 63% vs. 68% in the last series and also lowers than 3M Average of 71%. Bank Nifty too is on the lower side at 67% vs. 69% in the last series and also lowers than 3M Average of 71%.
Looking into the option data, the immediate support lies around the 7670 level and sustain trade below this level will open the downside level of 7540 level. On the upside Nifty is facing some stiff resistance in the band of 7780-7800 level and sustain trade above 7800 level will open the possibility of 7920 level.

DERIVATIVE HIGHLIGHT FOR 30-MAR-2016:

Nifty seen addition of 13 lacs in OI and Bank Nifty seen addition of 0.3 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7800 strike price. In today’s trading session, Nifty 7650 and 7700 call option seen unwinding in OI while 7750 call option seen addition in OI. Nifty highest Put Option OI for the March series stands at 7600 strike price. In today’s trading session, Nifty 7650, 7700 and 7750 put option seen addition in OI.
Stocks seen long build-up includes HindZinc, GodrejCP, Godrejind, Adaniport, Tata Steel, Apollo Tyre, Cadila, IDBI, Heromotor, Ceat, Cipla, Grasim, Tata Mtrdvr, Bank Baroda, NHPC and IFCI. Stocks seen short build-up includes Federal Bank, HDFC, PTC, COLPAL, Infratel and M&M.
As mentioned in yesterday report, Nifty does cross the resistance of 7650 and almost achieved the target of 7750, making a high of 7742, vindicating our view. Looking into the option data, a sustain trade above 7750 can take the Nifty towards the level of 7800 level and on the downside immediate support lies around the 7690 level and sustain trade below 7690 can take it towards the level of 7600 level.
Overall rollover before E-1 day stands at 61% vs. 60% in the last series while Niffty rollover before E-1 day is lower at 52% vs. 57% in the last series. Stocks were rollover before E-1 day is lower than 50% includes Arvind, LICHSGFIN, Unionbank, Yesbank, Dabur, Coal India, NHPC, OFSS, UBL and STAR. On back of lower rollover until now, one can expect some high volatility in the above stocks.

DERIVATIVE HIGHLIGHT FOR 29-MAR-2016:

Nifty seen addition of 21 lacs in OI and Bank Nifty seen unwinding of 0.2 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7700 strike price. In today’s trading session, Nifty 7600 and 7700 call option seen addition in OI. Nifty highest Put Option OI for the March series stands at 7600 strike price. In today’s trading session, Nifty 7500 and 7600 put option seen addition in OI.
Stocks seen long build-up includes Bank Baroda, McLeod, Titan, BOSCH, Indusindbank, Tatamtrdvr, COLPAL and JUBLFOOD. Stocks seen short build-up includes Hexaware, Apollo Hospital, IFCI, Unitech, Cipla, Adanipower, JPAssociate, Lupin, RCom, HDFC, ZEEL, Infy and Jindal Steel.
Looking into the option data, a sustain trade below the support level of 7580 will open the downside level of 7500 level. On the upside, immediate resistance lies around the 7650 level and sustain trade above this level will open the possibility of 7750 level.
Stocks in ban for trade on 30-Mar-2016: HDIL.

DERIVATIVE HIGHLIGHT FOR 28-MAR-2016:

Nifty seen unwinding of 11 lakh in OI and Bank Nifty seen unwinding of 2.5 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7800 strike price. In today’s trading session, Nifty 7600 and 7700 call option seen addition in OI. Nifty highest Put Option OI for the March series stands at 7600 strike price. In today’s trading session, Nifty 7500, 7600 and 7700 put option seen unwinding in OI.
Stocks seen long build-up includes Ambujacement, Biocon, GAIL, Power Grid, JISLJAL and NTPC. Stocks seen short build-up includes M&MFin, Adani Port, Pidiliteind, JSWEnergy, NHPC, HDIL, Sunpharma, VEDL, BEML, Motherson and Bank Baroda.
Looking into the option data, a sustain trade below the support level of 7600 will open the downside level of 7500 level. On the upside immediate resistance lies around the 7750-7800 level.
Stocks in ban for trade on 29-Mar-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 22-MAR-2016:

Nifty seen unwinding of 1 lakh in OI and Bank Nifty seen addition of 1.3 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7800 strike price. In today’s trading session, Nifty 7500, 7600 and 7700 call option seen unwinding in OI. Nifty highest Put Option OI for the March series stands at 7600 strike price. In today’s trading session, Nifty 7600 and 7700 put option seen addition in OI.
Stocks seen long build-up includes TVSMotor, Relinfra, HDIL, CONCOR, HeroMotor, BHEL and UBL. Stocks seen short build-up includes Cadila, Drreddy, Eicher Motor, HindZinc, Dabur, Crompton and Coal India.
Looking into the option data, we expect Nifty likely to move towards the level of 7800-7870 level. On the downside, immediate support lies around the 7600 level and below that the next import support lies around the 7500 level.
Stocks in ban for trade on 23-Mar-2016: JISLJAL and Jindalsteel.

DERIVATIVE HIGHLIGHT FOR 21-MAR-2016:

Nifty seen unwinding of 3 lacs in OI and Bank Nifty seen addition of 2.2 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7700 strike price. In today’s trading session, Nifty 7500, 7600 and 7700 call option seen unwinding in OI. Nifty highest Put Option OI for the March series stands at 7400 strike price. In today’s trading session, Nifty 7600 and 7700 put option seen addition in OI.
Stocks seen long build-up includes TVS Motor, BEML, KSCL, Grasim, L&TFH, Ashokleyland, Ambuja Cement, IBullhsgfin, Power Grid, ICICIBank, RelInfra, India Cement and SBI. Stocks seen short build-up includes Asian Paint, Lupin, Pageind, Adanient and Mcleod.
As mentioned in the daily report, Nifty does move towards the first target of 7720, making a high of 7713, vindicating our view. Looking into the option data, we expect Nifty likely to move towards the level of 7800-7870 level. On the downside, immediate support lies around the 7540 level and below that the next import support lies around the 7400 level.
Stocks in ban for trade on 22-Mar-2016: JISLJAL and Jindalsteel.

DERIVATIVE HIGHLIGHT FOR 18-MAR-2016:

Nifty seen addition of 12 lakh in OI and Bank Nifty seen addition of 3 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7700 strike price. In today’s trading session, Nifty 7500 and 7600 call option seen unwinding in OI. Nifty highest Put Option OI for the March series stands at 7400 strike price. In today’s trading session, Nifty 7500, 7600 and 7700 put option seen addition in OI.
Stocks seen long build-up includes CEAT, IOB, Syndibank, Southbank, Apollo Tyre, M&M Finance, Voltas, GAIL, MRF, ICICIbank, NHPC and SRF. Stocks seen short build-up includes Lupin, IOC, Amaraja, BEML and Power Grid.
As mentioned in the yesterday report Nifty does cross the resistance level of 7600 and close well above this level. Looking into the option data we expect Nifty likely to move towards the level of 7720-7870 level. On the downside, immediate support lies around the 7510 level and below that the next import support lies around the 7400 level.
Stocks in ban for trade on 21-Mar-2016: JISLJAL and Jindalsteel.

DERIVATIVE HIGHLIGHT FOR 17-MAR-2016:

Nifty seen addition of 11 lakh in OI and Bank Nifty seen unwinding of 0.7 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7500 strike price. In today’s trading session, Nifty 7400 and 7600 call option seen addition in OI. Nifty highest Put Option OI for the March series stands at 7200 strike price. In today’s trading session, Nifty 7400 and 7500 put option seen addition in OI.
Stocks seen long build-up includes Crompton, Hexaware, Lupin, Uniobank, Federal Bank, Bank India and NHPC. Stocks seen short build-up includes Andhrabank, OIL, Asian Paint, PFC, PNB, Arvind, RPower, RelCapital and RCom.
Looking into the option data, the immediate resistance lies around the 7540 level and a sustain trade above 7540 will open the possibility of 7720-7870 level. On the downside, immediate support lies around the 745 level and sustain trade below 7450 will open the possibility of 7380-7300 level.
Stocks in ban for trade on 17-Mar-2016: JISLJAL and Jindalsteel.

DERIVATIVE HIGHLIGHT FOR 16-MAR-2016:

Nifty seen addition of 11 lakh in OI and Bank Nifty seen unwinding of 0.7 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7500 strike price. In today’s trading session, Nifty 7400 and 7600 call option seen addition in OI. Nifty highest Put Option OI for the March series stands at 7200 strike price. In today’s trading session, Nifty 7400 and 7500 put option seen addition in OI.
Stocks seen long build-up includes Crompton, Hexaware, Lupin, Uniobank, Federal Bank, Bank India and NHPC. Stocks seen short build-up includes Andhrabank, OIL, Asian Paint, PFC, PNB, Arvind, RPower, RelCapital and RCom.
Looking into the option data, the immediate resistance lies around the 7540 level and a sustain trade above 7540 will open the possibility of 7720-7870 level. On the downside, immediate support lies around the 745 level and sustain trade below 7450 will open the possibility of 7380-7300 level.
Stocks in ban for trade on 17-Mar-2016: JISLJAL and Jindalsteel.

DERIVATIVE HIGHLIGHT FOR 15-MAR-2016:

Nifty seen addition of 1 lakh in OI and Bank Nifty seen unwinding of 0.5 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7500 strike price. In today’s trading session, Nifty 7400, 7500 and 7600 call option seen addition in OI. Nifty highest Put Option OI for the March series stands at 7200 strike price. In today’s trading session, Nifty 7400 and 7600 put option seen addition in OI.
Stocks seen long build-up includes UCOBank, Tata Steel, HDIL, BOSCH, IFCI and IBrealestate. Stocks seen short build-up includes Cairn, Apollo Hospital, Lupin, ZEEL, Bajaj Auoto, Amarajabat, Idea, Sunpharma, Siemens and Page Ind.
Looking into the option data, the immediate resistance lies around the 7540 level and a sustain trade above 7540 will open the possibility of 7720-7870 level. On the downside, immediate support lies around the 745 level and sustain trade below 7450 will open the possibility of 7380-7300 level.
Stocks in ban for trade on 16-Mar-2016: JISLJAL and Jindalsteel.

DERIVATIVE HIGHLIGHT FOR 11-MAR-2016:

Nifty seen addition of 4 lacs in OI and Bank Nifty seen unwinding of 0.5 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7500 strike price. In today’s trading session, Nifty 7400 and 7600 call option seen unwinding in OI. Nifty highest Put Option OI for the March series stands at 7200 strike price. In today’s trading session, Nifty 7500 and 7600 put option seen addition in OI.
Stocks seen long build-up includes Marico, Cairn, DHFL, DLF, Pidilite and Hinunilever. Stocks seen short build-up includes Coal India, HDIL, Hexaware, NCC, Orientbank, IOB, UBL and PTC.
Looking into the option data, the immediate resistance lies around the 7540 level and a sustain trade above 7540 will open the possibility of 7720-7870 level. On the downside, immediate support lies around the 7400-7380 level and sustain trade below 7380 will open the possibility of 7300-7270 level.
Stocks in ban for trade on 14-Mar-2016: JISLJAL.

DERIVATIVE HIGHLIGHT FOR 10-MAR-2016:

Nifty seen unwinding of 6 lacs in OI and Bank Nifty seen unwinding of 0.1 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7500 strike price. In today’s trading session, Nifty 7400, 7500 and 7600 call option seen addition in OI. Nifty highest Put Option OI for the March series stands at 7200 strike price. In today’s trading session, Nifty 7400 and 7500 put option seen addition in OI.
Stocks seen long build-up includes KSCL, Justdial, Hindalco, Bharti Artl and IGL. Stocks seen short build-up includes COLPAL, HDIL, Hexaware, Reliance, Bank baroda, SBI and Drreddy.
Looking into the option data, the immediate resistance lies around the 7540 level and a sustain trade above 7540 will open the possibility of 7720-7870 level. On the downside, immediate support lies around the 7400-7380 level and sustain trade below 7380 will open the possibility of 7300-7270 level.
Stocks in ban for trade on 11-Mar-2016: JISLJAL.

DERIVATIVE HIGHLIGHT FOR 09-MAR-2016:

Nifty seen unwinding of 2 lacs in OI and Bank Nifty seen addition of 0.4 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7500 strike price. In today’s trading session, Nifty 7500 and 7600 call option seen addition in OI. Nifty highest Put Option OI for the March series stands at 7000 strike price. In today’s trading session, Nifty 7400, 7500 and 7600 put option seen unwinding in OI.
Stocks seen long build-up includes NCC, Bank Baroda, Ashok Leyland, Rel Capital, Bajfinance, DLF, HDIL, Amaraja, Tata Steel and Orient bank. Stocks seen short build-up includes Oil, Apollo Hospital, Cipla, SAIL, Federal Bank, Syndibank and Tata Chem.
Looking into the option data, the immediate resistance lies support lies around the 7500-7540 level and a sustain trade below 7540 will open the possibility of 7720-7870 level. On the downside, immediate support lies around the 7400-7380 level and below that the next support level to watch will be 7270 level.
Stocks in ban for trade on 10-Mar-2016: JISLJAL.

DERIVATIVE HIGHLIGHT FOR 08-MAR-2016:

Nifty seen addition of 9 lacs in OI and Bank Nifty seen unwinding of 0.3 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7500 strike price. In today’s trading session, Nifty 7500 and 7600 call option seen addition in OI. Nifty highest Put Option OI for the March series stands at 7000 strike price. In today’s trading session, Nifty 7400, 7500 and 7600 put option seen unwinding in OI.
Stocks seen long build-up includes Hind Zinc, NMDC, OIL, ONGC, Indusindbank, Unitech, Ajanta Pharma and STAR. Stocks seen short build-up includes Mindtree, Syndibank, Tata Power, IGL, REC, Biocon, Canbank, TVS Motor and Justdial.
Looking into the option data, the immediate resistance lies support lies around the 7500-7540 level and a sustain trade below 7540 will open the possibility of 7720-7870 level. On the downside, immediate support lies around the 7450 level and below that the next support level to watch will be 7380-7270 level.
Stocks in ban for trade on 9-Mar-2016: JISLJAL.

WEEKLY DERIVATIVE HIGHLIGHT FOR 05-MAR-2016:

· Indian market had a fanatic uptrend for the week with closing higher by 6.48% at 7485. The Overall increased by 33% from Rs. 158,105 crores to Rs. 210,302 crores. Nifty future OI increased from 2 crores to 2.43 crores for the week.

· Nifty OI PCR ratio increased from 0.82 to 1 for the week.

· Stocks seen long build-up for the week includes Mindtree, IDBI, Heromotor, Pidilire Ind, Hind Zinc, Cipla, Arvind, Justdial, Coal India, Jet Airways, Jindal Steel, ACC, Ambuja Cement, Kotak Bank, Apollo Tyre, Siemens, Indusindbank, BPCL, ALBK, Adani Ent, RCOM, HDIL, Axisbank, Ceat, Tata Steel, PTC, Abirla Nuvo, India Cement and Orient bank. Stocks seen short build-up for the week includes ONGC, Castrol, OIL and M&M.

· Among Nifty March Call Option, highest OI stands at 7500 strike price with OI of 58.48 lacs. For the week, Nifty 7400, 7500 and 7600 call option seen addition in OI by 18.7 lacs, 11.4 lacs and 17.8 lacs respectively.

· Among Nifty March Put Option, highest OI stands at 7000 strike price with OI of 70.95 lacs. For the week, Nifty 7400, 7500 and 7600 put option seen addition in OI by 25.9 lacs, 6.9 lacs and 1.5 lacs respectively.

· In the derivative segment, FII were net buyers in the Index futures to thee tune of Rs. 2,970 crores with OI increasing by Rs. 3,130 crores vs. net selling of Rs. 2,354 crores with OI decreasing by Rs. 5,189 crores in the previous week indicates long build-up. In the stock futures, FII were net buyers to the tune of Rs. 2,647 crores with OI increasing by Rs. 3,948 crores vs. net buying of Rs. 2,708 crores with OI decreasing by Rs. 6,191 crores in the previous week.

· Looking into the option data, the immediate resistance lies support lies around the 7500-7540 level and a sustain trade below 7540 will open the possibility of 7720-7870 level. On the downside, immediate support lies around the 7450 level and below that the next support level to watch will be 7380-7270 level.

DERIVATIVE HIGHLIGHT FOR 29-FEB-2016:

Nifty seen unwinding of 3 lacs in OI and Bank Nifty seen addition of 2.3 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7500 strike price. In today’s trading session, Nifty 6900, 7000 and 7100 call option seen addition in OI. Nifty highest Put Option OI for the March series stands at 7000 strike price. In today’s trading session, Nifty 6800, 6900 and 7000 put option seen unwinding in OI.
Stocks seen long build-up includes IDBI, BPCL, DHFL, ITC, HDIL, SBIN, Indusinbank and Reliance. Stocks seen short build-up includes ONGC, Arvind, Axisbank, Maruti, Orientbank, Infratel, Relcapital, Hindzinc, Wockpharma, Hindalco and BHEL.
As mentioned in the last report, Nifty does slide to the level of 6860-6800, making a low of 6826, once the support level of 6950 was broken on the downside. Looking into the option data, the immediate support lies around the 6950 level and a sustain trade below 6950 can take Nifty towards the level of 6860-6826 level. On the upside immediate resistance lies around the 7120 level and a sustain trade above 7120 can take Nifty towards the level of 7240 level.
Stocks in ban for trade on 1-Mar-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 26-FEB-2016:

Nifty seen addition of 7 lacs in OI and Bank Nifty seen unwinding of 0.9 lacs in OI.
Option statistics: Nifty highest Call option OI for March series stands at 7500 strike price. In today’s trading session, Nifty 6900, 7000 and 7100 call option seen addition in OI. Nifty highest Put Option OI for the March series stands at 7000 strike price. In today’s trading session, Nifty 6800, 6900 and 7000 put option seen addition in OI.
Stocks seen long build-up includes JISLJAL, Infratel, RPower, GodrejCP, ICICIBank, DHFL, Bank Baroda, ITC and Tata Motors. Stocks seen short build-up includes Arvind, BEML, Godrejind, JSWEnergy, Apollo Tyre, Wock Pharma and NCC.
Looking into the option data, the immediate support lies around the 6960-6950 level and a sustain trade below 6950 can take Nifty towards the level of 6860-6800 level. On the upside immediate resistance lies around the 7120 level and a sustain trade above 7120 can take Nifty towards the level of 7240 level.
Stocks in ban for trade on 29-Feb-2016: NIL.

DERIVATIVE HIGHLIGHT FOR 25-FEB-2016:

The market-wide position in the derivative segment for the March series vis-à-vis February series:

Particulars	March Series	February Series	% Change
OVERALL OI IN NO. OF SHARES (Cr.)	303.11	321.07	-5.59%
NIFTY FUT OI IN NO. OF SHARES (Cr.)	1.93	1.97	-2.03%
STOCK FUT OI IN NO. OF SHARES (Cr.)	265.63	284.25	-6.55%
BANK NIFTY FUT OI (No. in Mn)	2.38	2.15	10.70%
CALL OPTION OI IN NO. OF SHARES (Cr.)	5.61	5.27	6.45%
PUT OPTION OI IN NO. OF SHARES (Cr.)	4.67	4.62	1.08%
OI (Rs. in crores)	144667.00	156064.00	-7.30%
NIFTY CLOSING	6970.60	7424.65	-6.12%

Overall rollover for the new series stands at 79% vs. 82% in the previous series and also lowers than the 3M Average of 82.7%. Nifty rollover for the March series stands at 68% vs. 71% in the previous series and also lowers than the 3M Average of 71.3%. Bank Nifty rollover too is on the lower side at 69% vs. 73% in the previous series and also lowers than the 3M Average of 72%.
Option statistics: Nifty highest Call option OI for March series stands at 7500 strike price. In today’s trading session, Nifty 6900, 7000 and 7100 call option seen addition in OI. Nifty highest Put Option OI for the March series stands at 7000 strike price. In today’s trading session, Nifty 6800, 6900 and 7000 put option seen addition in OI.

DERIVATIVE HIGHLIGHT FOR 24-FEB-2016:

Nifty future seen addition of 10 lacs in OI and Bank Nifty seen addition of 3.5 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7200 strike price. In today’s trading session, Nifty 7000 and 7050 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7000 strike price. In today’s trading session, Nifty 7050 put option seen unwinding in OI while 6950 and 7000 put option seen addition in OI.
Stocks seen long buildup includes Ajanta Pharma, Bank Baroda, Exideind, ZEEL, Asian Paint and Canbank. Stocks seen short buildup includes NTPC, TVS Motor, PNB, SBIN, Divislab, Petronet, Infratel, BEL, Indusindbank, ITC, NHPC and HDFC Bank.
As mentioned in the yesterday report, Nifty does slide towards the downside level of 7000, making a low of 7010, vindicating our view. Looking into the option data, the sustain trade below 7000 will open further downside level of 6940-6920 level. On the upside immediate resistance lies around the 7090-7100 level.
Overall Rollover before E-1 day stands at 60% vs. 59% in the previous series while Nifty rollover before E-1 day is at 57% vs. 56% in the previous series. Stocks were the rollover before E-1 day is lower than 50% includes HDIL, Coal India, Jindal Steel, Biocon, NHPC, NTPC, Relinfra, RCom and Apollo Tyre. Due to lower rollover one can expect some high volatility in the above stocks.
Stocks in ban for trade on 25-Feb-2016: India Cement and JISLJAL.

DERIVATIVE HIGHLIGHT FOR 23-FEB-2016:

Nifty future seen unwinding of 4 lacs in OI and Bank Nifty seen addition of 4.8 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7200 strike price. In today’s trading session, Nifty 7100 and 7200 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7000 strike price. In today’s trading session, Nifty 7000 and 7200 put option seen unwinding in OI while 7100 put option seen addition in OI.
Stocks seen long buildup includes JPassociate, Apollo Hospital, Mindtree, Tata Mtrdvr and Apollo Tyre. Stocks seen short buildup includes NTPC, Idea, Adaniport, Pidilite, Voltas, Bajaj Auto, Titan, NCC, Unionbank, Bata India, JSWEnergy and Dabur.
As mentioned in the yesterday report, Nifty break the immediate support of 7150 and as per the option data, the support level to eye will be 7060-7000 level. On the upside immediate resistance lies around the 7200 level.
Stocks in ban for trade on 24-Feb-2016: IBreal Estate, India Cement, JISLJAL and Jindal Steel.

DERIVATIVE HIGHLIGHT FOR 22-FEB-2016:

Nifty future seen unwinding of 2 lacs in OI and Bank Nifty seen addition of 2 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7400 strike price. In today’s trading session, Nifty 7100 and 7200 call option seen unwinding in OI. Nifty highest Put Option OI for the January series stands at 7200 strike price. In today’s trading session, Nifty 7200 and 7300 put option seen addition in OI while 7100 put option seen unwinding in OI.
Stocks seen long buildup includes Torntpharma, TV18, BEML, Coalindia, HDIL, NHPC, Ashokleyland, IBReal Estate, Pidilite and Marico. Stocks seen short buildup includes Bajfinance, IDFC, Maruti, BPCL, NTPC, Motherson and SRF.
Looking into the option data, the immediate resistance lies around the 7220-7240 level and a sustain trade above 7240 will open the possibility for further upside of 7350-7400. The immediate support lies around the 7150 level and below that 7060 level.
Stocks in ban for trade on 23-Feb-2016: IBreal Estate, India Cement, JISLJAL and Jindal Steel.

DERIVATIVE HIGHLIGHT FOR 19-FEB-2016:

Nifty future seen unwinding of 4 lacs in OI and Bank Nifty seen unwinding of 1.8 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7400 strike price. In today’s trading session, Nifty 7100 and 7300 call option seen unwinding in OI. Nifty highest Put Option OI for the January series stands at 7000 strike price. In today’s trading session, Nifty 7000 and 7100 put option seen unwinding in OI while 7200 put option seen addition in OI.
Stocks seen long buildup includes Divislab, Wirpo, DLF, M&M, M&M Finance, Tata Steel, Motherson, Orient bank and KSCL. Stocks seen short buildup includes CONCOR, Unitech, BHEL, DHFL, Canbank, Southbank and Hind Petro.
Looking into the option data, the immediate resistance lies around the 7220-7240 level and a sustain trade above 7240 will open the possibility for further upside of 7350-7400. The immediate support lies around the 7132 level and below that 7050 level.
Stocks in ban for trade on 22-Feb-2016: India Cement, JISLJAL and Jindal Steel.

DERIVATIVE HIGHLIGHT FOR 18-FEB-2016:

Nifty future seen addition of 13 lacs in OI and Bank Nifty seen addition of 1.7 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7400 strike price. In today’s trading session, Nifty 7000, 7100 and 7200 call option seen unwinding in OI. Nifty highest Put Option OI for the January series stands at 7000 strike price. In today’s trading session, Nifty 7000 put option seen unwinding in OI while 7100 and 7200 put option seen addition in OI.
Stocks seen long buildup includes Mindtree, Pidilite, Ajanta Pharma, OIL, HCLTECH, Coal India, TCS, Cipla, Hind Unilever, Crompton and Infratel. Stocks seen short buildup includes REC, NMDC, Asian Paint, HDFC, HDIL, Asian Paint and Abirla Nuvo.
Looking into the option data, the immediate support lies around the 6960-6980 level and sustain trade below 6960 will open the possibility of 6850 level. The immediate resistance lies around the 7200-7220 level and a sustain trade above 7220 will open the possibility for further upside of 7350-7400.
Stocks in ban for trade on 19-Feb-2016: India Cement, JISLJAL and Wockpharma.

DERIVATIVE HIGHLIGHT FOR 17-FEB-2016:

Nifty future seen addition of 3 lacs in OI and Bank Nifty seen unwinding of 0.3 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7400 strike price. In today’s trading session, Nifty 7000 call option seen addition in OI while 7100 and 7200 call option seen unwinding in OI. Nifty highest Put Option OI for the January series stands at 7000 strike price. In today’s trading session, Nifty 7000 put option seen addition in OI while 7100 and 7200 put option seen unwinding in OI.
Stocks seen long buildup includes Bank Baroda, Pidilite, Jublfood, Tata Global, Tata Motor, Bharat Forge, Voltas, Eicher Motor, Hero Motor, Concor and BHEL. Stocks seen short buildup includes Infratel, Southbank, Titan, LICHSGFIN, Hind Zinc, ICICIbank, OIL and Crompton.
Looking into the option data, the immediate support lies around the 6960-6980 level and sustain trade below 6960 will open the possibility of 6850 level. The immediate resistance lies around the 7200-7220 level and a sustain trade above 7220 will open the possibility for further upside of 7350-7400.
Stocks in ban for trade on 18-Feb-2016: India Cement, JISLJAL and Wock Pharma.

DERIVATIVE HIGHLIGHT FOR 16-FEB-2016:

Nifty future seen addition of 13 lacs in OI and Bank Nifty seen addition of 0.3 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7500 strike price. In today’s trading session, Nifty 7000, 7100 and 7200 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7000 strike price. In today’s trading session, Nifty 7000, 7100 and 7200 put option seen unwinding in OI.
Stocks seen long buildup includes Cairn, IOB, Concor, Federal Bank and Adani Port. Stocks seen short buildup includes M&M Finance, Yes Bank, Star, Tata Power, ITC, Siemens, Voltas, Orient Bank, IOC, OFSS, Infy, Ajanta Pharma, Crompton and ICICIbank.
Looking into the option data, the immediate support lies around the 6990-7000 level and sustain trade below 6990 will open the possibility of 6850-6870 level. The immediate resistance lies around the 7240 level and a sustain trade above 7240 will open the possibility for further upside of 7350-7400.
Stocks in ban for trade on 17-Feb-2016: India Cement, JISLJAL and Wock Pharma.

DERIVATIVE HIGHLIGHT FOR 15-FEB-2016:

Nifty future seen unwinding of 3 lacs in OI and Bank Nifty seen unwinding of 3.3 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7500 strike price. In today’s trading session, Nifty 7000 and 7100 call option seen unwinding in OI. Nifty highest Put Option OI for the January series stands at 7000 strike price. In today’s trading session, Nifty 6900, 7000 and 7100 put option seen addition in OI.
Stocks seen long buildup includes Tata Power, Bank Baroda, Jet Airways, Jindal Steel, Tata Steel, BPCL, Albk, Ultracement HDIL, HindZinc and Cairn. Stocks seen short buildup includes Wock Pharma, Ajanta Pharma and HDFC.
Looking into the option data, the immediate resistance lies around the 7240 level and a sustain trade above 7240 will open the possibility for further upside of 7350-7400. On the downside immediate support lies around the 6950-6980 level.

DERIVATIVE HIGHLIGHT FOR 11-FEB-2016:

Nifty future seen addition of 14 lacs in OI and Bank Nifty seen addition of 0.9 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7500 strike price. In today’s trading session, Nifty 7000, 7100 and 7200 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7000 strike price. In today’s trading session, Nifty 7100 and 7200 put option seen unwinding in OI while 6800, 6900 and 7000 put option seen addition in OI.
Stocks seen short buildup includes Voltas, PTC, Bank India, Orient Bank, Unionbank, Engineers India, Just Dial, GodrejCP, Godrejind, PNB, Ashok Leyland and Adani Ent.
The dalal street had a blood bath day with Nifty closing down by 3.3% at 6976, being the lowest close since May 9, 2014. As mentioned in yesterday report, Nifty does achieved the downside target of 7120 and had a free fall once the 7120 level was taken out to close at 6976. Looking into the option data, we expect a sustain trade below 6950 will open further downside level of 6800 level. On the upside immediate resistance lies around the 7120 level.
Stocks in ban for trade on 12-Feb-2016: Jindal Steel.

DERIVATIVE HIGHLIGHT FOR 10-FEB-2016:

Nifty future seen addition of 5 lacs in OI and Bank Nifty seen addition of 2.6 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7500 strike price. In today’s trading session, Nifty 7200, 7300 and 7400 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7200 strike price. In today’s trading session, Nifty 7400 and 7500 put option seen unwinding in OI while 7100, 7200 and 7300 put option seen addition in OI.
Stocks seen long build-up includes NHPC, Apollotyre, MRF, Mindtree, Apollo hospital, Sun Pharma and Just Dial. Stocks seen short buildup includes PNB, IOB, Tata Motors, ALBk, HDIL, Motherson, REC, UCObank, ACC, MCleod, Voltas and Cipla.
Nifty does achieved the downside level of 7240 below 7350 support level, vindicating our view. As mentioned in the yesterday report, a sustain trade below 7240 will open the downside level of 7120 level and in today’s trading session Nifty does made a low of 7178 and finally settle at 7215. Looking into the option data, we expect Nifty likely to move towards the level of 7120. On the upside, immediate resistance lies around the 7370 level.

DERIVATIVE HIGHLIGHT FOR 09-FEB-2016:

Nifty future seen unwinding of 6 lacs in OI and Bank Nifty seen unwinding of 0.4 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7600 strike price. In today’s trading session, Nifty 7300 and 7400 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7200 strike price. In today’s trading session, Nifty 7400 and 7500 put option seen unwinding in OI while 7200 and 7300 put option seen addition in OI.
Stocks seen long build-up includes Hindalco, Crompton, KSCL and Bharat Forge. Stocks seen short buildup includes Motherson, PNB, Justdial, Pidilite Ind, SAIL, IDBI, ALBK, STAR, Tata Motors, Havells, Ashok Leyland and JSWSteel.
As mentioned in the yesterday report, below 7350 support the next level to eye will be 7240. Nifty on back of weak global cues open with a gap down and made a low of 7275 in today trading session. Looking into the option data, we expect that a sustain move below the 7240 support level will lead to further weakness in the market towards the level of 7120 level. On the upside, immediate resistance lies around the 7400 level.
Stocks in ban for trade on 10-Feb-2016: NIL

DERIVATIVE HIGHLIGHT FOR 08-FEB-2016:

Nifty future seen addition of 8 lacs in OI and Bank Nifty seen addition of 0.1 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7600 strike price. In today’s trading session, Nifty 7400, 7500 and 7600 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7400 strike price. In today’s trading session, Nifty 7400 and 7500 put option seen unwinding in OI.
Stocks seen long build-up includes HDIL, ACC, Ambuja Cement, Page Ind, UCOBank, Adani Ent and Jet Airways. Stocks seen short buildup includes DHFL, Justdial, IRB, OIL, SAIL, Tata Motors, BPCL, Jind l Steel, IDFC, Reliance and ONGC.
Looking into the option data, the immediate support lies around the 7350 and a sustain trade below 7350 will open the possibility of 7240 level. On the upside, immediate resistance lies around the 7500 and sustain trade above 7500 will open the upside level of 7600 level.
Stocks in ban for trade on 9-Feb-2016: NIL

DERIVATIVE HIGHLIGHT FOR 05-FEB-2016:

Nifty future seen unwinding of 3 lacs in OI and Bank Nifty seen addition of 0.3 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7600 strike price. In today’s trading session, Nifty 7400 and 7500 call option seen unwinding in OI. Nifty highest Put Option OI for the January series stands at 7400 strike price. In today’s trading session, Nifty 7400, 7500 and 7600 put option seen addition in OI.
Stocks seen long build-up includes Mindtree, Lupin, Eicher Motor, Wock Pharma, India Cement, Bata India, Pidilite, Tata Steel, Coal India, DHFL, ICICIBank and Biocon. Stocks seen short buildup includes Arvind, BOSCH, Maruti, Bharat Forge, Gail and Page Ind.
Looking into the option data, a sustain trade above the 7500 resistance level will open the upside level of 7600 level. On the downside immediate support lies around the 7350 level and a sustain move below 7350 will open further downside level of 7240 level.
Stocks in ban for trade on 8-Feb-2016: NIL

DERIVATIVE HIGHLIGHT FOR 04-FEB-2016:

Nifty future seen unwinding of 4 lacs in OI and Bank Nifty seen addition of 0.3 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7600 strike price. In today’s trading session, Nifty 7400 and 7500 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7400 strike price. In today’s trading session, Nifty 7500 put option seen unwinding in OI while out of money put option with strike price 7400, 7300 and 7200 put option seen addition in OI.
Stocks seen long build-up includes Hexaware, OIL, Coal India, Pidilite, Hind Zinc and Hindalco. Stocks seen short buildup includes Arvind, NTPC, Syndicate Bank, Hind Petro, IDBI, JUBLFOOD, ZEEL, Star and COLPAL.
Looking into the option data, we expect a sustain move below 7350 will open further downside level of 7240 level. On the upside, immediate resistance lies around the 7500 level.
Stocks in ban for trade on 5-Feb-2016: NIL

DERIVATIVE HIGHLIGHT FOR 03-FEB-2016:

Nifty future seen addition of 3 lacs in OI and Bank Nifty seen unwinding of 0.1 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7600 strike price. In today’s trading session, Nifty 7300, 7400 and 7500 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7400 strike price. In today’s trading session, Nifty 7400 and 7500 put option seen unwinding in OI while out of money put option with strike price 7300, 7100 and 7000 put option seen addition in OI.
Stocks seen long build-up includes Bajfinance, Hindunilever, Apollo Hospital and ZEEL. Stocks seen short buildup includes CONCOR, Crompton, ACC, PFC, Orient Bank, Page Industries, Hexaware, Dishtv, NTPC, Bharat Forge, Ashok Leyland, BHEL and MAruti.
As mentioned in yesterday report, Nifty does achieved the first target of 7350, vindicating our view. Looking into the option data, we expect a sustain move below 7350 will open further downside level of 7240 level. On the upside, immediate resistance lies around the 7500 level.
Stocks in ban for trade on 4-Feb-2016: NIL

DERIVATIVE HIGHLIGHT FOR 02-FEB-2016:

Nifty future seen unwinding of 7 lacs in OI and Bank Nifty seen addition of 2.2 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7600 strike price. In today’s trading session, Nifty 7500 and 7600 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7400 strike price. In today’s trading session, Nifty 7400, 7500 and 7600 put option seen unwinding in OI.

Stocks seen long build-up includes UBL, Mindtree, Unionbank, Bajaj Auto and Bharti Airtel. Stocks seen short buildup includes ACC, SAIL, NTPC, Amaraja, Auro Pharma, JSWSteel, NCC, Techm, PFC and Orient bank.

Nifty does break the immediate support of 7450 in intraday but close just above the support level. Looking into the option data, we expect a move below 7428 can open the downside target of 7350-7240 level. On the upside, immediate resistance lies around the 7600 level.

Stocks in ban for trade on 3-Feb-2016: NIL

DERIVATIVE HIGHLIGHT FOR 01-FEB-2016:

Nifty future seen addition of 8 lacs in OI and Bank Nifty seen addition of 2.4 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7600 strike price. In today’s trading session, Nifty 7500 and 7600 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7400 strike price. In today’s trading session, Nifty 7400, 7500 and 7600 put option seen addition in OI.
Stocks seen long build-up includes ACC, Federal Bank, HDFCBank, Apollo Hospital, Grasim, Kotakbank, KSCL and Bharti Airtel. Stocks seen short buildup includes Justdial, Engineersindia, Syndicate Bank, NTPC, Techm, SBIN, ICICIbank, Power Grid and Ceat.
Looking into the option data we expect Nifty likely to move towards the level of 7610-7650 level. The immediate support lies around the 7450 level.
Stocks in ban for trade on 2-Feb-2016: NIL

DERIVATIVE HIGHLIGHT FOR 29-JAN-2016:

Nifty future seen addition of 7 lacs in OI and Bank Nifty seen addition of 0.3 lacs in OI.
Option statistics: Nifty highest Call option OI for February stands at 7600 strike price. In today’s trading session, Nifty 7400, 7500 and 7600 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7400 strike price. In today’s trading session, Nifty 7400, 7500 and 7600 put option seen addition in OI.
Stocks seen long build-up includes IRB, PFC, Drreddy, Arvind, Yesbank, Amarajabat, HDIL, Siemens, Glenmark and ZEEL. Stocks seen short buildup includes Justdial, BEML, SBIN, NTPC, ICICIBank, IGL and Cairn.
As mentioned in yesterday report, Nifty does achieved the first target of 7540 once 7480 resistance was taken out, vindicating our view. Looking into the option data we expect Nifty likely to move towards the level of 7610-7650 level. The immediate support lies around the 7450 level.
Stocks in ban for trade on 1-Feb-2016: NIL

DERIVATIVE HIGHLIGHT FOR 28-JAN-2016:

Overall rollover for the new series stands at 82% vs. 83% in the January series and also lowers than 3M Average of 83%. Nifty rollover for the February series too is lower at 71% vs. 75% in the previous series and also lower than 3M average of 72%. However, Bank Nifty rollover for the new series is higher at 73% vs. 71% in the previous series and also higher than 3M Average of 72%.
The market-wide position in the derivative segment at the beginning of the February series vis-à-vis January series stands at

Particulars	February Series	January Series	% Change
OVERALL OI IN NO. OF SHARES (Cr.)	321.07	329.67	-2.61%
NIFTY FUT OI IN NO. OF SHARES (Cr.)	1.97	1.95	1.03%
STOCK FUT OI IN NO. OF SHARES (Cr.)	284.25	291.11	-2.36%
BANK NIFTY FUT OI (No. in Mn)	2.15	1.75	22.86%
CALL OPTION OI IN NO. OF SHARES (Cr.)	5.27	4.74	11.18%
PUT OPTION OI IN NO. OF SHARES (Cr.)	4.62	3.65	26.58%
OI (Rs. in crores)	156064.00	154927.00	0.73%
NIFTY CLOSING	7424.65	7946.35	-6.57%

Option statistics: Nifty highest Call option OI for February stands at 7500 strike price. In today’s trading session, Nifty 7300, 7400 and 7500 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7200 strike price. In today’s trading session, Nifty 7300, 7400 and 7500 put option seen addition in OI.
Looking into the option data, the immediate support lies around the 7380 level. On the upside Nifty does is facing some resistance around the 7470-7480 level and sustain above this level will open further upside level of 7540-7620 level. On the downside a sustain trade below 7380 will open the possibility of 7300 level.
Stocks in ban for trade on 29-Jan-2016: NIL

DERIVATIVE HIGHLIGHT FOR 27-JAN-2016:

Nifty future seen addition of 39 lacs in OI and Bank Nifty future seen unwinding 0.5 lacs in OI.
Option statistics: Nifty highest Call option OI for January stands at 7500 strike price. In today’s trading session, Nifty 7450 and 7500 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7400 strike price. In today’s trading session, Nifty 7350, 7400 and 7450 put option seen addition in OI.
Stocks seen long buildup includes Powergird, Adnaipower, TCS, PGC, ITC, Mindtree, Hindzinc, Canbank and ZEEL. Stocks seen short buildup includes KSCL, Heromotor, Havells, ONGC, Hindunilvr, Techm, BHEL and Asianpaint.
As we have been mentioning, Nifty likely to move towards the level of 7520 and on the downside immediate support lies around the 7380 level. Looking into the option data, we expect Nifty likely to see expiry near to the level of 7480-7500. On the downside, if 7380 is broken down, Nifty likely to move towards the level of 7300 level.
Overall rollover before E-1 day until now for the January series stands at 62% vs. 64% in the previous series. Nifty rollover before E-1 day is at 56% vs. 59% in the last series before E-1 day.
Stocks were the rollover before E-1 day is lower than 50% includes Allahabad bank, India cement, Voltas, Jindal Steel, Hind Zinc, Adanipower, JSWEnergy, NHPC, Power Grid, Relinfra and Engineer India. One can expect some high volatility in the above stocks on back of lower rollover until now.
Stocks in ban for trade on 28-Jan-2016: IBReal Estate, IFCI, Jindal Steel, JPAssociate, and Unitech.

DERIVATIVE HIGHLIGHT FOR 14-JAN-2016:

· Nifty future seen addition of 6 lacs in OI and Bank Nifty future seen addition of 9 lacs in OI.

· Option statistics: Nifty highest Call option OI for January stands at 8000 strike price. In today’s trading session, Nifty 7500, 7600 and 7700 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7300 strike price. In today’s trading session, Nifty 7400 and 7500 put option seen unwinding in OI.

· Stocks seen long buildup includes Cairn, Mindtree, Asianpaint, Infy, Techm and ITC. Stocks seen short position includes Ultracement, IGL, Abirlanuvo, Motherson, IDBI, DLF, Tata Chemical, SRF and Adanient.

· Looking into the option data, the immediate support lies around 7500 level and below that 7420-7430 level. On the upside immediate resistance lies around the 7620 level and above that 7675-7720 level.

· Stocks in ban for trading on 15-Jan-2016: BANKINDIA, IBREALEST, IDBI, INDIACEM, JINDALSTEL, JISLJAL, RELCAPITAL and UNITECH.

DERIVATIVE HIGHLIGHT FOR 13-JAN-2016:

Nifty future seen addition of 6 lacs in OI and Bank Nifty future seen unwinding of 1.5 lacs in OI.

Option statistics: Nifty highest Call option OI for January stands at 8000 strike price. In today’s trading session, Nifty 7500 call option seen addition in OI. Nifty highest Put Option OI for the January series stands at 7500 strike price. In today’s trading session, Nifty 7500, 7600 and 7700 put option seen unwinding in OI.

Stocks seen long buildup includes Ultracement, Dabur, DLF, Infy, Mcleod, ICICIbank and MNM Finance. Stocks seen short position includes Bank India, IDBI, Canbank, SRF, Bhartiartl, SAIL, Biocon, India Cement and JPAssociate.

As mentioned in the yesterday report, Nifty does slide towards the level of 7400, making a low of 7426, once 7480 level was taken out. Nifty does rally smartly from the lower level to finally settle at 7562, well above the 7500 support level. Looking into the option data, the immediate support lies around 7500 level and below that 7420 level. On the upside immediate resistance lies around the 7620 level and above that 7675-7720 level.

Stocks in ban for trading on 14-Jan-2016: IBREALEST, JJINDALSTEEL, JISLJAL, RELCAPITAL, RELINFRA AND UNITECH.

Disclaimer: Due care has been taken in preparing the above document. However, this document is not, and should not be construed, as an offer to sell or solicitation to buy any securities. Any act of buying, selling or otherwise dealing in any securities referred to in this document shall be at investors sole risk and responsibility.

Derivative Dairy

Wednesday 3 February 2016

Daily Derivative Diary