DERIVATIVE DIARY - DECEMBER 2017

DERIVATIVE HIGHLIGHTS FOR 08-12-2017:

·        Nifty future seen addition of 6 lacs in OI and Bank Nifty future seen unwinding of 2.6 lacs in OI.

·        Nifty OI PCR ratio increased from 1.17 to 1.26.

·        Stocks seen long build-up includes Pidiliteind, Balkrishna, JPAssociate, Chennai Petro, NBCC, Jublfood, Suntv, M&M, Maruti, Justdial, BHEL, Apollo Tyre, Ibulhsgfin and Voltas. Stocks seen short build-up includes Mindtree, Pageind, Unionbank, IGL, Shree Cement, Heromotor, ZEEL and Asian Paint.

·        Option statistics: Nifty highest Call option OI for December series stands at 10500 strike price. In today’s trading session, Nifty 10100, 10200 and 10300 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the December series stands at 10000 strike price. In today’s trading session, Nifty 10100 and 10200 put options seen addition in OI with IV increasing indicates buying of option.

·        As mentioned in the yesterday report, Nifty does move towards the level of 10280, making a high of 10270, vindicating our view. Looking into the option data, Nifty likely to move towards the level of 10400 once sustain above 10290 levels. On the downside, immediate support stands around the 10130 level and below that 10040 level. 

·        Stocks in ban for trade on 11-Dec-2017: HDIL, IRB, JETAIRWAYS, JISLJAL, JPASSOCIATE and JSWENERGY.

DERIVATIVE HIGHLIGHTS FOR 07-12-2017:

·        Nifty future OI remains flat at 2.11 crores and Bank Nifty future seen addition of 0.4 lacs in OI.

·        Nifty OI PCR ratio increased from 1.11 to 1.17.

·        Stocks seen long build-up includes Gail, Idea, Jet Airways, HDIL, Havells, Pageind, IGL, Voltas, Maruti, DLF, TVS Motor, Bergerpaint, M&M and NCC. Stocks seen short build-up includes Jublfood, Hexaware, IRB, Indigo, Bata India, KSCL and NIITTech.

·        Option statistics: Nifty highest Call option OI for December series stands at 10500 strike price. In today’s trading session, Nifty 10000, 10100 and 10200 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the December series stands at 10000 strike price. In today’s trading session, Nifty 10000 and 10100 put options seen addition in OI with IV decreasing indicates writing of option.

·        Looking into the option data, a sustain trade above 10180 on Nifty will open the upside of 10280-10350 level. On the downside, immediate support stands around the 10040 level.  

DERIVATIVE HIGHLIGHTS FOR 06-12-2017:

·        Nifty seen addition of 10 lacs in OI and Bank Nifty seen addition of 3.1 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.16 to 1.11.

·        Stocks seen long build-up includes Ambuja Cement, M&MFinance, Pageind, Hindunilvr, Maruti, Dishtv and Jet Airways. Stocks seen short build-up includes Siemens, Unionbank, CGPower, Chennai Petro, Canbank, Cholafinance, LT, UBL, Voltas, Bosch, M&M, HDFC, Oreintbank and HDFCBank.

·        Option statistics: Nifty highest Call option OI for December series stands at 10500 strike price. In today’s trading session, Nifty 10000, 10100 and 10200 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the December series stands at 10000 strike price. In today’s trading session, Nifty 10000 and 10100 put options seen addition in OI with IV increasing indicates buying of option.

·        Looking into the option data and as mentioned in daily report, a close below 10090 on Nifty will open the downside level of 9950. On the upside, immediate resistance stands around the 10140 level.

·        Stocks in ban for trade on 07-Dec-2017: JISLJAL.

DERIVATIVE HIGHLIGHTS FOR 04-12-2017:

·        Nifty seen addition of 7 lacs in OI and Bank Nifty seen addition of 2 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.20 to 1.19.

·        Stocks seen long build-up includes Biocon, TVSMotor, Mindtree, OFSS, DLF and GAIL. Stocks seen short build-up includes Justdial, Pidiliteind, Syndicate bank, RDEL, KPIT, IndianB, Jublfood, TV18, Ashokleyland, Cadila and Bharat Forge.

·        Option statistics: Nifty highest Call option OI for December series stands at 10500 strike price. In today’s trading session, Nifty 10100, 10200 and 10300 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the December series stands at 10000 strike price. In today’s trading session, Nifty 10100 and 10200 put options seen addition in OI with IV increasing indicates buying of option.

·        Looking into the option data, a close below 10090 on Nifty will open further downside to the level of 9950. On the upside, immediate resistance stands around the 10300 level.

·        Stocks in ban for trade on 05-Dec-2017: NIL.

DERIVATIVE HIGHLIGHTS FOR 01-12-2017:

·        Nifty seen addition of 5 lacs in OI and Bank Nifty seen addition of 1.3 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.32 to 1.20.

·        Stocks seen long build-up includes Cholafinance, M&MFinance, Ambuja Cement, Ashokleyland and Hexaware. Stocks seen short build-up includes Escorts, Cummins, Power Grid, KPIT, TV18, Equitas, PVR, Ramco Cement, JPAssociate and ZEEL.

·        Option statistics: Nifty highest Call option OI for December series stands at 10500 strike price. In today’s trading session, Nifty 10100, 10200 and 10300 call options seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the December series stands at 10000 strike price. In today’s trading session, Nifty 10100, 10200 and 10300 put options seen addition in OI with IV increasing indicates buying of option.

·        As mentioned in the yesterday report, Nifty does slide towards the support of 10090, making a low of 10109, vindicating our view. Looking into the option data a close below 10090 will open further downside to the level of 9950. On the upside, immediate resistance stands around the 10300 level. 

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 DIARY - NOVEMBER 2017

DERIVATIVE HIGHLIGHTS FOR 30-11-2017:

·        The market-wide position in the derivative segment at the beginning of the December series vis-à-vis November series stands at:

Particulars	December Series	November Series	% Change
OVERALL OI IN NO. OF SHARES (Cr.)	558.41	533.86	4.60%
NIFTY FUT OI IN NO. OF SHARES (Cr.)	1.78	2.31	-22.94%
STOCK FUT OI IN NO. OF SHARES (Cr.)	494.93	466.38	6.12%
BANK NIFTY FUT OI (No. in Mn)	1.50	1.74	-13.79%
CALL OPTION OI IN NO. OF SHARES (Cr.)	5.16	4.84	6.61%
PUT OPTION OI IN NO. OF SHARES (Cr.)	6.82	6.77	0.74%
OI (Rs. in crores)	293350.00	292326.00	0.35%
NIFTY CLOSING	10226.55	10343.80	-1.13%

·        Overall rollover for the December series stands at 86% vs. 86% in the last series and slightly higher than 3M Average of 85%. Nifty rollover for the new series is on lower side at 63% vs. 73% in the last series and also lowers than the 3M Average of 67%. Bank Nifty rollover too is on the lower side at 56% vs. 69% in the new series and also lowers than the 3M Average of 67%.

·        Nifty OI PCR ratio stands at 1.32.

·        Stocks seen long build-up includes HDIL, JISLJAL, Fortis and Jet Airways. Stocks seen short build-up includes ICIL and SREINFRA.

·        Option statistics: Nifty highest Call option OI for December series stands at 10500 strike price. In today’s trading session, Nifty 10100, 10200 and 10300 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the December series stands at 10000 strike price. In today’s trading session, Nifty 10100, 10200 and 10300 put options seen addition in OI with IV decreasing indicates writing of option.

·        As mentioned in the yesterday report, Nifty does slide towards the support of 10220 once the immediate support of 10300 was broken down, vindicating our view. Looking into the option data a sustain trade below 10220 will open further downside to the crucial support of 10990 level. On the upside immediate resistance stands around the 10350 level. 

DERIVATIVE HIGHLIGHTS FOR 29-11-2017:

·        Nifty future OI remains addition at 2.62 crores and Bank Nifty seen unwinding of 0.9 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.33 to 1.27.

·        Stocks seen long build-up includes Southbank, Justdial, Hexaware, Escorts, NBCC and Bajaj Auto. Stocks seen short build-up includes Dalmia Bharat, Petronet, DCBbank, Page Ind, ALBK, RCom, HDFC, SAIL, Ashok Leyland, Eichermotor and Suzlon.

·        Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10400 and 10450 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the November series stands at 10000 strike price. In today’s trading session, Nifty 10350, 10400 and 10450 put options seen unwinding in OI with IV increasing indicates covering by writers of option.

·        Looking into the option data, Nifty immediate support stands around the 10300 and below that the next support stands around 10220. On the upside, Nifty does cross the resistance of 10360 and is likely to move towards 10450-10490 level.

·        Overall rollover before E-1 trading day stands at 57% vs. 57% in the last series. Nifty rollover before E-1 trading day stands at 46% vs. 44% in the last series.

·        Stocks were the rollover before E-1 trading day is less than 50% includes Heromotor, ALBK, Bank India, Canbank, Orientbank, PNB, HDIL, Adaniport, Voltas, Dabur, VEDL, Coal India, Hindalco, IOC, Petronet, Divislab and Idea. On back of lower rollover one can expect high volatility in the above stocks.

·        Stocks in ban for trade on 30-Nov-2017: DHFL, GMRINFRA, Infibeam, JPAssociate, JSWEnergy, Orient Bank, RCom and TV18BRDCST.

DERIVATIVE HIGHLIGHTS FOR 28-11-2017:

·        Nifty future seen addition of 3 lacs in OI and Bank Nifty seen unwinding of 0.6 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.45 to 1.33.

·        Stocks seen long build-up includes IGL, Biocon, HCC, Repco Home, OIL, KPIT, Tata Global, BHEL and Mcdowell. Stocks seen short build-up includes RCom, Rpower, RDEL, Chennai Petro, IndianB, Muthootfinance, Unionbank, Glenmark, REC, Suzlon, Hexaware, PFC, Canbk and VGuard.

·        Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10400 and 10500 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the November series stands at 10300 strike price. In today’s trading session, Nifty 10300, 10400 and 10500 put options seen unwinding in OI with IV increasing indicates covering by writers of option.

·        Looking into the option data, Nifty immediate support stands around the 10260 and below that the crucial support of 10090. On the upside, Nifty does cross the resistance of 10360 and is likely to move towards 10450-10490 level.

·        Overall rollover before E-2 trading days stands at 39% vs. 34% in the last series. Nifty rollover before E-2 trading days stands at 39% vs. 32% in the last series.

·        Stocks in ban for trade on 29-Nov-2017: DHFL, Fortis, GMRINFRA, HDIL, Infibeam, Jet Airways, JISLJAL, JPAssociate, JSWEnergy, Orient Bank, Syndicate Bank, TV18BRDCST and Wock Pharma.

DERIVATIVE HIGHLIGHTS FOR 27-11-2017:

·        Nifty future seen addition of 4 lacs in OI and Bank Nifty seen unwinding of 0.4 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.46 to 1.45.

·        Stocks seen long build-up includes Voltas, TV18BRDCST, DCBBank, Amaraja, Tata Power, DLF, OIL, IDFCBank, CGPower, Tata Elxsi, Axis Bank and COLPAL. Stocks seen short build-up includes NIITTech, BPCL, Canbk, Godfrey, Hexaware, RECLtd, Adaniport and Adani Ent.

·        Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10400 and 10500 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the November series stands at 10300 strike price. In today’s trading session, Nifty 10400 put options seen addition in OI with IV decreasing indicates writing of option.

·        Looking into the option data, Nifty immediate support stands around the 10260 and below that the crucial support of 10090. On the upside, Nifty does cross the resistance of 10360 and is likely to move towards 10450-10490 level.

·        Overall rollover before E-3 trading days stands at 25% vs. 19% in the last series. Nifty rollover before E-3 trading days stands at 32% vs. 17% in the last series.

·        Stocks in ban for trade on 28-Nov-2017: DHFL, Fortis, GMRINFRA, HDIL, Infibeam, Jet Airways, JISLJAL, JPAssociate, JSWEnergy, Just Dial, Orient Bank, Syndicate Bank, TV18BRDCST and Wock Pharma.

DERIVATIVE HIGHLIGHTS FOR 24-11-2017:

·        Nifty future seen addition of 2 lacs in OI and Bank Nifty seen addition of 1.4 lacs in OI.

·        Nifty OI PCR ratio increased from 1.35 to 1.46.

·        Stocks seen long build-up includes Jublfood, Syndicate Bank, RBLBank, NCC, VGuard, IGL, Mannapuram, GMRInfra and Motherson. Stocks seen short build-up includes Nestleind, Canbk, Godfrey, Grasim, Hexaware, Muthootfin, L&TFH and HCC.

·        Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10200, 10300 and 10400 call options seen unwinding in OI with IV increasing indicates covering by writers of option. Nifty highest Put Option OI for the November series stands at 10300 strike price. In today’s trading session, Nifty 10200, 10300 and 10400 put options seen addition in OI with IV increasing indicates buying of option.

·        Looking into the option data, Nifty immediate support stands around the 10260 and below that the crucial support of 10090. On the upside, Nifty does cross the resistance of 10360 and is likely to move towards 10450-10490 level.

·        Stocks in ban for trade on 27-Nov-2017: DHFL, Fortis, GMRINFRA, HDIL, Infibeam, Jet Airways, JISLJAL, JPAssociate, JSWEnergy, Just Dial, RCom, Syndicate Bank and Wock Pharma.

DERIVATIVE HIGHLIGHTS FOR 23-11-2017:

·        Nifty future seen unwinding of 1 lakh in OI and Bank Nifty seen addition of 0.6 lacs in OI.

·        Nifty OI PCR ratio increased from 1.32 to 1.35.

·        Stocks seen long build-up includes SRF, BHEL, Syndicate bank, BEML, Dishtv, Fortis, Ramco Cement and SAIL. Stocks seen short build-up includes Motherson, ICICPru, Hexaware, Jet Airways, Rel Capital, Canbank, Hindalco and Balkrishna.

·        Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10200 and 10300 call options seen unwinding in OI with IV increasing indicates covering by writers of option. Nifty highest Put Option OI for the November series stands at 10300 strike price. In today’s trading session, Nifty 10200, 10300 and 10400 put options seen addition in OI with IV decreasing indicates writing of option.

·        Looking into the option data, Nifty immediate support stands around the 10250 and below that the crucial support of 10090. On the upside, a sustain trade above 10360 will open the upside of 10450-10500 level.

·        Stocks in ban for trade on 24-Nov-2017: DHFL, DLF, Fortis, HDIL, Infibeam, Jet Airways, JISLJAL, JPAssociate, JSWEnergy, Just Dial, RCom, TV18BRDCST and Wock Pharma.

DERIVATIVE HIGHLIGHTS FOR 21-11-2017:

·         Nifty future seen unwinding of 6 lacs in OI and Bank Nifty seen addition of 0.1 lacs in OI.

·         Nifty OI PCR ratio increased from 1.23 to 1.30.

·         Stocks seen long build-up includes Kajaria Ceramic, NTPC, VGuard, JISLJAL, Wock Pharma, SAIL, SUNTV, NBCC, Hexaware and Escorts. Stocks seen short build-up includes L&TFH, Shree Cement, Power Grid, LICHSGFIN, LT, Ambuja Cement, ALBK, Coal India, Nationalum, Motherson and Engineersind.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10200, 10300 and 10400 call options seen unwinding in OI with IV increasing indicates covering by writers of option. Nifty highest Put Option OI for the November series stands at 10300 strike price. In today’s trading session, Nifty 10300 and 10400 put options seen addition in OI with IV decreasing indicates writing of option.

·         Looking into the option data, Nifty immediate support stands around the 10250 and below that the crucial support of 10090. On the upside, a sustain trade above 10340 will open the upside of 10450-10500 level.

·         Stocks in ban for trade on 22-Nov-2017: DHFL, DLF, HDIL, ICIL, Infibeam, JISLJAL, JPAssociate, JSWEnergy, Just Dial, KSCL, RCom, RelCapital, TV18BRDCST and Wock Pharma.

DERIVATIVE HIGHLIGHTS FOR 20-11-2017:

·         Nifty future seen addition of 3 lacs in OI and Bank Nifty seen addition of 0.4 lacs in OI.

·         Nifty OI PCR ratio remains flat at 1.23.

·         Stocks seen long build-up includes Tata Power, Voltas, Ajanta Pharma, Tata Elxsi, Ujjivan, NTPC, Jindal Steel, Nestle, Engineersind, Bank Baroda, TV18 and VGuard. Stocks seen short build-up includes Shree Cement, Balkrishna, NBCC, Chennai Petro, MGL, ACC, Adani Port and Infy.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10300 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the November series stands at 10200 strike price. In today’s trading session, Nifty 10200 and 10300 put options seen addition in OI with IV increasing indicates buying of option.

·         Looking into the option data, Nifty immediate support stands around the 10200 and below that the crucial support of 10090. On the upside, a sustain trade above 10340 will open the upside of 10450-10500 level.

·         Stocks in ban for trade on 21-Nov-2017: DHFL, DLF, HDIL, ICIL, Infibeam, Jet Airways, JPAssociate, JSWEnergy, Just Dial, KSCL, RCom, RelCapital and TV18BRDCST.

DERIVATIVE HIGHLIGHTS FOR 17-11-2017:

·         Nifty future seen unwinding of 1 lakh in OI and Bank Nifty seen addition of 1.6 lacs in OI.

·         Nifty OI PCR ratio increased from 1.21 to 1.23.

·         Stocks seen long build-up includes Justdial, HDIL, Balkrishna, Tata Power, Ramcocem, DLF, SRF, ICIL, Syndicate Bank and Biocon. Stocks seen short build-up includes MGL, Hexaware, ONGC, Wirpo and Orientbank.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10100, 10200 and 10300 call options seen unwinding in OI with IV increasing indicates covering by writers of option. Nifty highest Put Option OI for the November series stands at 10000 strike price. In today’s trading session, Nifty 10300 put options seen addition in OI with IV increasing indicates buying of option.

·         Looking into the option data, Nifty immediate support stands around the 10200 and below that the crucial support of 10090. On the upside, a sustain trade above 10340 will open the upside of 10450-10500 level.

·         Stocks in ban for trade on 20-Nov-2017: DHFL, DLF, HDIL, ICIL, Infibeam, Jet Airways, JPAssociate, JSWEnergy, KSCL, RCom and RelCapital.

DERIVATIVE HIGHLIGHTS FOR 16-11-2017:

·         Nifty future seen unwinding of 5 lacs in OI and Bank Nifty seen unwinding of 0.4 lacs in OI.

·         Nifty OI PCR ratio increased from 1.13 to 1.21.

·         Stocks seen long build-up includes Pageind, Voltas, Bank India, HDIL, IndianB, Manappuram, Jublfood, JISLJAL, DLF, Nationalum, Torntpower, CholaFinance, PNB and SRF. Stocks seen short build-up includes MGL, DCBBank, Cummins, IGL, Nestle, Ambuja Cement, Grasim and Adaniport.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10100, 10200 and 10300 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the November series stands at 10200 strike price. In today’s trading session, Nifty 10100 and 10200 put options seen addition in OI with IV decreasing indicates writing of option.

·         Looking into the option data, Nifty immediate support stands around the 10090. On the upside, immediate resistance stands around the 10250 level and a sustain trade above 10250 will open upside of 10320-10400 level. 

DERIVATIVE HIGHLIGHTS FOR 15-11-2017:

·         Nifty future seen unwinding of 6 lacs in OI and Bank Nifty seen unwinding of 0.3 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.19 to 1.13.

·         Stocks seen long build-up includes Balkrishna, ICIL, MRF, Pageind and Amaraja. Stocks seen short build-up includes Jet Airways, Bata India, IGL, VGuard, Rel Capital, REC, Sreinfra, RCom, Petronet, Marico, PFC, Nationalum, Relinfra and Canbank.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10100, 10200 and 10300 call options seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 10200 strike price. In today’s trading session, Nifty 10200 and 10300 put options seen unwinding in OI with IV decreasing indicates profit booking of option.

·         Looking into the option data, a sustain trade below 10090 on Nifty will open further downside of 10000-9950 level. On the upside, immediate resistance stands around the 10240 level.

·         Stocks in ban for trade on 16-Nov-2017 include DHFL, IBReal Estate, India Cement, Infibeam, Jet Airways, JPAssociate, JSWEnergy, Justdial, KSCL, RCom and RelCapital.

DERIVATIVE HIGHLIGHTS FOR 14-11-2017:

·         Nifty future seen unwinding of 11 lacs in OI and Bank Nifty seen unwinding of 0.4 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.22 to 1.19.

·         Stocks seen long build-up includes Repco Home, Voltas, Tata Global, NBCC, Ujjivan, Bank Baroda, M&M and VGuard. Stocks seen short build-up includes Infratel, Bata India, IBullhsgfin, Bata India, Marico, Muthootfin, RCom, Torntpower, Canbank, NCC and Nationalum.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10200, 10300 and 10400 call options seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 10200 strike price. In today’s trading session, Nifty 10200, 10300 and 10400 put options seen unwinding in OI with IV decreasing indicates profit booking of option.

·         As mentioned in the last report, Nifty does breaks the immediate support of 10250 and is likely to move towards the downside level of 10160. On the upside, immediate resistance stands around the 10280 level.

·         Stocks in ban for trade on 15-Nov-2017 include DHFL, HDIL, IBReal Estate, India Cement, Infibeam, JISLJAL, JPAssociate, JSWEnergy, Justdial and KSCL.

DERIVATIVE HIGHLIGHTS FOR 13-11-2017:

·         Nifty future seen addition of 7 lacs in OI and Bank Nifty seen addition of 0.1 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.33 to 1.22.

·         Stocks seen long build-up includes JPAssociate, Tata Elxsi, Wock Pharma, Petronet, PVR, MRF, Hexaware and Jindal Steel. Stocks seen short build-up includes Cadila, Apollo Hospital, DLF, HDFC, Cummins, PTC, Muthootfin, GodrejCp, PcJeweller, Infrarel, KSCL, MCX and ALBK.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10300, 10400 and 10500 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the November series stands at 10200 strike price. In today’s trading session, Nifty 10300, 10400 and 10500 put options seen unwinding in OI with IV decreasing indicates profit booking of option.

·         As mentioned in the last report, Nifty does breaks the immediate support of 10250 and is likely to move towards the downside level of 10150. On the upside, immediate resistance stands around the 10320 level. 

DERIVATIVE HIGHLIGHTS FOR 10-11-2017:

·         Nifty future seen addition of 10 lacs in OI and Bank Nifty seen addition of 0.9 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.36 to 1.33.

·         Stocks seen long build-up includes MRF, Godfrey, Justdial, SBIN, Axisbank, GAIL, Siemens, JPAssociate, LT, Syndicate Bank and M&M. Stocks seen short build-up includes Bank India, OIL, MGL, Cadila, Havells, Auro Pharma, Pageind, Petronet, ICIL and Chennai Petro.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10300 call options seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 10200 strike price. In today’s trading session, Nifty 10300 put option seen addition in OI with IV increasing indicates buying of option.

·         Looking into the option data, a sustain trade below 10250 will open further downside level of 10150. On the upside, immediate resistance stands around the 10400 level.

·         Stocks in ban for trade on 13-Nov-2017: DHFL, HDIL, IBREAL EST, INDIACEM, INFIBEAM, JETAIRWAYS, JISLJAL, JSWENERGY, JUSTDIAL and RCOM. 

DERIVATIVE HIGHLIGHTS FOR 09-11-2017:

·         Nifty future seen addition of 2 lacs in OI and Bank Nifty seen addition of 0.1 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.37 to 1.36.

·         Stocks seen long build-up includes Pageind, NIITech, Kajaria, Petronet, IndianB, Cholafinance, Tata Elxsi, VGuard, Bank India, Tata Motors, Suntv and Ceat. Stocks seen short build-up includes MGL, Infratel, NCC, Shree Cement, ITC, Rel Capital, Cadila, Lupin, Granules, Wock Pharma and HDFC.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10300 and 10400 call options seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 10200 strike price. In today’s trading session, Nifty 10400 and 10500 put options seen unwinding in OI with IV decreasing indicates profit booking of option while 10300 put option seen addition in OI with IV decreasing indicates writing of option.

·         Looking into the option data, a sustain trade below 10265 will open further downside level of 10170. On the upside, immediate resistance stands around the 10390 level.  

DERIVATIVE HIGHLIGHTS FOR 08-11-2017:

·         Nifty future seen addition of 1 lakh in OI and Bank Nifty seen unwinding of 0.3 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.43 to 1.37.

·         Stocks seen long build-up includes Coal India, Chennai Petro, Jet Airways, Nestle, Tata Elxsi, HCC, Axis Bank and Indusindbank. Stocks seen short build-up includes Bharti Airtel, Tata Motor, COLPAL, DCBBank, GSFC, Orient Bank, Yes Bank, Indigo, Reliance and Heromotor.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10300, 10400 and 10500 call options seen addition in OI with IV increasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 10000 strike price. In today’s trading session, Nifty 10300, 10400 and 10500 put options seen unwinding in OI with IV decreasing indicates profit booking of option.

·         As mentioned in the yesterday report, Nifty does slide towards the level of 10285, making a low of 10285.5, vindicating our view. Looking into the option data, a move below 10285 will open further downside of 10200-10140 level. On the upside, immediate resistance stands around the 10420 level. 

·         Stocks in ban for trade on 9-Nov-2017: DHFL, HDIL, IBReal Estate, India Cement, Infibeam, Jet Airways, JSWEnergy and RCom.

DERIVATIVE HIGHLIGHTS FOR 07-11-2017:

·         Nifty future seen unwinding of 13 lacs in OI and Bank Nifty seen unwinding of 0.4 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.56 to 1.43.

·         Stocks seen long build-up includes NBCC, Arvind, OFSS, Nestle, Bharat Forge, OIL and Hind Petro. Stocks seen short build-up includes Lupin, Muthootfin, IOC, India Cement, CONCOR, ONGC, PTC, Apollo Hospital, Cipla and Tata Motor.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10400 and 10500 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the November series stands at 10000 strike price. In today’s trading session, Nifty 10300, 10400 and 10500 put options seen unwinding in OI with IV decreasing indicates profit booking of option.

·         Looking into the option data, Nifty has broken the immediate support of 10380 and is likely to move towards 10320-10285 level. On the upside, immediate resistance stands around the 10440 level.  

·         Stocks in ban for trade on 8-Nov-2017: DHFL, HDIL, IBReal Estate, India Cement, Infibeam, JSWEnergy, RCom and Wock Pharma.

DERIVATIVE HIGHLIGHTS FOR 06-11-2017:

·         Nifty future seen addition of 2 lacs in OI and Bank Nifty seen addition of 1.5 lacs in OI.

·         Nifty OI PCR ratio increased from 1.55 to 1.56.

·         Stocks seen long build-up includes Wock Pharma, Nestle Ind, Chola Finance, UBL, Dishtv, PcJeweller, Titan, PEL, Balkrishna, Castrol, Tata Motor, MGL and Ramco Cement. Stocks seen short build-up includes SRF, Pidilite, DHFL, India Cement, IOC, RDEL, Exideind and RelCapital.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10400 and 10500 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the November series stands at 10000 strike price. In today’s trading session, Nifty 10300, 10400 and 10500 put options seen addition in OI with IV increasing indicates buying of option.

·         Looking into the option data, Nifty likely to move towards the level of 10520-10600. On the downside, immediate support stands around 10385 levels and below that 10320 level.

·         Stocks in ban for trade on 7-Nov-2017: DHFL, HDIL, IBReal Estate, Infibeam, JSWEnergy, RCom and Wock Pharma.

DERIVATIVE HIGHLIGHTS FOR 03-11-2017:

·         Nifty future seen addition of 6 lacs in OI and Bank Nifty seen addition of 1.4 lacs in OI.

·         Nifty OI PCR ratio increased from 1.52 to 1.55.

·         Stocks seen long build-up includes Arvind, UBL, Ujjivan, Nestle, Engieers, Ramcocem, SAIL, Bank Baroda, KTKBank and Tata Motors. Stocks seen short build-up includes Torntpharma, Tata Power, Kotakbank, Power Grid, Federal Bank, PFC, ICICPru, HCC, Andhrabank, PEL and MCX.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10300 and 10500 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the November series stands at 10000 strike price. In today’s trading session, Nifty 10300, 10400 and 10500 put options seen addition in OI with IV decreasing indicates writing of option.

·         Looking into the option data, Nifty likely to move towards the level of 10520-10600. On the downside, immediate support stands around 10385 levels and below that 10320 level.

·         Stocks in ban for trade on 6-Nov-2017: HDIL, IBReal Estate, JSWEnergy and RCom.

DERIVATIVE HIGHLIGHTS FOR 02-11-2017:

·         Nifty future seen addition of 11 lacs in OI and Bank Nifty seen unwinding of 0.5 lacs in OI.

·         Nifty OI PCR ratio increased from 1.50 to 1.52.

·         Stocks seen long build-up includes Hexaware, Titan, Tornt Pharma, Power Grid, IndianB, JISLJAL, ICICIBank, Castrol, UBL, Cadila, Ajanta Pharma and Adani Port. Stocks seen short build-up includes Canbk, Pidiliteind, Apollo Tyre, Unionbank, IGL, Hindalco, MCX, Marico, STAR and ITC.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10200, 10300 and 10500 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the November series stands at 10000 strike price. In today’s trading session, Nifty 10300, 10400 and 10500 put options seen addition in OI with IV decreasing indicates writing of option.

·         Looking into the option data, a sustain trade above 10450 will open the upside of 10520-10600. On the downside, immediate support stands around 10385 levels and below that 10320 level. 

DERIVATIVE HIGHLIGHTS FOR 01-11-2017:

·    ·         Nifty future seen addition of 7 lacs in OI and Bank Nifty seen unwinding of 0.4 lacs in OI.

·         Nifty OI PCR ratio increased from 1.45 to 1.50.

·         Stocks seen long build-up includes VGuard, Chola Finance, IBReal Estate, Bharti Airtel, MGL, HDIL, Godfrey, IDFCBank, Hindalco, IndianB, SRTransfin, Muthootfinance and CGPower. Stocks seen short build-up includes Hexaware, Escort, Power Grid, Drreddy, Eicher Motor, UPL, TVSMotor and Pidilite.

·         Option statistics: Nifty highest Call option OI for November series stands at 10500 strike price. In today’s trading session, Nifty 10500 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the November series stands at 10000 strike price. In today’s trading session, Nifty 10300, 10400 and 10500 put options seen addition in OI with IV decreasing indicates writing of option.

·         As mentioned Nifty does achieved the upside target of 10450, vindicating our view. Looking into the option data, a sustain trade above 10450 will open the upside of 10520-10600. On the downside, immediate support stands around 10360 levels.

·         Stocks in ban for trade on 2-Nov-2017: HDIL, JSWENERGY and WOCKPHARMA.

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.