DERIVATIVE DIARY - JULY 2017

DERIVATIVE HIGHLIGHTS FOR 25-07-2017:

·         Nifty Future seen addition of 2 lacs in OI and Bank Nifty seen addition of 1 lakh in OI.

·         Nifty OI PCR ratio decreased from 1.48 to 1.47.

·         Stocks seen long build-up includes UPL, RCom, Hexaware, TCS, M&MFinance, Balkrishna, Indigo, Nationalum, Cadila, Apollo Tyre, Balrampur and Jubilant Food. Stocks seen short build-up includes NHPC, Bharat Forge, NCC, NBCC, NIITECH, Sintex, IDFC, Ramco Cement, TVS Motor, Cipla and LICHSGFIN.

·         Option statistics: Nifty highest Call option OI for July series stands at 10000 strike price. In today’s trading session, Nifty 10000 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the July series stands at 9900 strike price. In today’s trading session, Nifty 9900 and 10000 put option seen addition in OI with IV decreasing indicates writing of option.

·         Overall rollover before E-2 trading days stands at 34% vs. 37% in the previous series. Nifty rollover before E-2 trading days stands at 38% vs. 48% in the previous series.

·         Looking into the option data, Nifty likely to move towards the level of 10050. On the downside, immediate support lies around the 9890 level.

DERIVATIVE HIGHLIGHTS FOR 24-07-2017:

·         Nifty Future seen addition of 8lacs in OI and Bank Nifty seen addition of 0.9 lacs in OI.

·         Nifty OI PCR ratio increased from 1.41 to 1.48.

·         Stocks seen long build-up includes HCC, Dabur, IRB, M&MFinance, HDFCBank, ALBK, Bharti Airtel, Adani Power, Adani Port, NCC, Yesbank, Southbank and BEML. Stocks seen short build-up includes SREInfra, MRPL, Bharat Forge, Repco Home, Divislab, Drreddy, Just Dial, PcJeweller, Kotak bank and VEDL.

·         Option statistics: Nifty highest Call option OI for July series stands at 10000 strike price. In today’s trading session, Nifty 9800, 9900 and 10000 call option seen unwinding in OI with IV decreasing indicates profit booking. Nifty highest Put Option OI for the July series stands at 9900 strike price. In today’s trading session, Nifty 9900 and 10000 put option seen addition in OI with IV increasing indicates buying of option.

·         Overall rollover before E-3 trading days stands at 21% vs. 21% in the previous series. Nifty rollover before E-3 trading days stands at 28% vs. 19% in the previous series.

·         As mentioned in the yesterday report, Nifty does move towards the level of 9980 above 9935, making a high of 9982. Looking into the option data, Nifty likely to move towards the level of 10050. On the downside, immediate support lies around the 9890 level.

·         Stocks in ban for trade on 24-Jul-2017: DFL, Fortis, GMRInfra, HDIL, IBReal Estate, IRB, Infibeam, JPAssociate, JSWEnergy, Justdial, KSCL, Orientbank, TV18 and Ujjivan.

DERIVATIVE HIGHLIGHTS FOR 21-07-2017:

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

·         Nifty OI PCR ratio increased from 1.36 to 1.41.

·         Stocks seen long build-up includes Manapurram, Reliance, Just Dial, ICICIPru, MRPL, Sreinfra, Drreddy, Suzlon and Voltas. Stocks seen short build-up includes HDIL, Grasim, Arvind, GSFC, Hexaware, IndianB, Dishtv, Shree Cement and Idea.

·         Option statistics: Nifty highest Call option OI for July series stands at 10000 strike price. In today’s trading session, Nifty 9800, 9900 and 10000 call option seen unwinding in OI with IV decreasing indicates profit booking. Nifty highest Put Option OI for the July series stands at 9800 strike price. In today’s trading session, Nifty 9900 and 10000 put option seen addition in OI with IV increasing indicates buying of option.

·         Looking into the option data, immediate support lies around the 9780 level and on the upside a move above 9935 will open the level of 9980-10050.

·         Stocks in ban for trade on 24-Jul-2017: DFL, Fortis, GMRInfra, HDIL, IBReal Estate, Infibeam, JPAssociate, JSWEnergy, KSCL, Orientbank, Sintex, TV18 and Ujjivan.

DERIVATIVE HIGHLIGHTS FOR 20-07-2017:

·         Nifty Future OI remains flat at 2.21 cr and Bank Nifty seen addition of 1.6 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.46 to 1.36.

·         Stocks seen long build-up includes Infibeam, NBCC, Engineersind, DLF, L&TFH, Siemens, CGPower, Grasim, Bajfinance and SREINFRA. Stocks seen short build-up includes ICICIPru, Indigo, UBL, Ramcocement, Torntpharma, Mindtree and Canbank.

·         Option statistics: Nifty highest Call option OI for July series stands at 10000 strike price. In today’s trading session, Nifty 9900 call option seen addition in OI. Nifty highest Put Option OI for the July series stands at 9800 strike price. In today’s trading session, Nifty 9700, 9800 and 9900 put option seen unwinding in OI with IV decreasing indicates profit booking of option.

·         Looking into the option data, immediate support lies around the 9780 level and on the upside a move above 9935 will open the level of 9980-10050.

DERIVATIVE HIGHLIGHTS FOR 19-07-2017:

·         Nifty Future seen unwinding of 3 lacs in OI and Bank Nifty seen addition of 1.4 lacs in OI.

·         Nifty OI PCR ratio increased from 1.34 to 1.46.

·         Stocks seen long build-up includes JPAssociate, IndiaB, MRF, MRPL, Dishtv, Britannia, Bajfinance, Auropharma, Chennai Petro, KPIT, ZEEL, Idea and Sintex. Stocks seen short build-up includes Pidiliteind, RelCapital, Mindtree, Ceat, Amaraja, Exideind, NHPC and DCBbank.

·         Option statistics: Nifty highest Call option OI for July series stands at 10000 strike price. In today’s trading session, Nifty 9700, 9800 and 9900 call option seen unwinding in OI. Nifty highest Put Option OI for the July series stands at 9800 strike price. In today’s trading session, Nifty 9700, 9800 and 9900 put option seen addition in OI with IV increasing indicates buying of option.

·         Looking into the option data, immediate support lies around the 9780 level and on the upside a move above 9935 will open the level of 9980-10050.

·         Stocks in ban for trade on 20-Jul-2017: Forits, GMRInfra, HDIL, IBReal Estate, JPAssociate, JSWEnergy, Just Dial, KSCL, Orientbank, TV18BRDCST and Ujjivan.

DERIVATIVE HIGHLIGHTS FOR 18-07-2017:

·         Nifty Future seen unwinding of 18 lacs in OI and Bank Nifty seen addition of 2 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.53 to 1.34.

·         Stocks seen long build-up includes PcJeweller, IndianB, ICICIPrulife, Sintex and Hexaware. Stocks seen short build-up includes ITC, Havells, Chennai Petro, Mindtree, Ceat, Godfrey, SRF, Canfinhomes, NIITTech, Srtransfinance, RCom and Balkrishna.

·         Option statistics: Nifty highest Call option OI for July series stands at 10000 strike price. In today’s trading session, Nifty 9800 and 9900 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the July series stands at 9800 strike price. In today’s trading session, Nifty 9700, 9800 and 9900 put option seen unwinding in OI with IV increasing indicates short covering by writer of option.

·         As mentioned in the yesterday report, Nifty does break the immediate support of 9850 and the next support level to watch out will be 9780 level. A sustain trade below 9780 will open further downside of 9650 level. On the upside, immediate resistance lies around the 9900 level.

·         Stocks in ban for trade on 19-Jul-2017: Forits, GMRInfra, HDIL, IBReal Estate, JSWEnergy, Just Dial, KSCL, Orientbank, TV18BRDCST and Ujjivan.

DERIVATIVE HIGHLIGHTS FOR 17-07-2017:

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

·         Nifty OI PCR ratio increased from 1.50 to 1.53.

·         Stocks seen long build-up includes Jublfood, Sreinfra, UBL, Hexaware, Bharat Forge, Manapurram, CGPower and Bajfinance. Stocks seen short build-up includes  MRPF, Fortis, DCBBank, Havells, Shree Cement, PVR, ICICIPrulife, NIITECH, KTKBank, Ramco Cement and NHPC.

·         Option statistics: Nifty highest Call option OI for July series stands at 10000 strike price. In today’s trading session, Nifty 9700, 9800 and 9900 call option seen unwinding in OI. Nifty highest Put Option OI for the July series stands at 9800 strike price. In today’s trading session, Nifty 9800 and 9900 put option seen addition in OI.

·         Looking into the option data, Nifty likely to move towards the level of 9950-10000. On the downside, immediate support lies around the 9850 level and below that 9780 level.

·         Stocks in ban for trade on 18-Jul-2017: Forits, GMRInfra, HDIL, IBReal Estate, JPAssociate, JSWEnergy, Just Dial, KSCL, Orientbank and Ujjivan.

DERIVATIVE HIGHLIGHTS FOR 14-07-2017:

·         Nifty OI remain flat at 2.45 crores and Bank Nifty seen addition of 0.4 lacs in OI.

·         Nifty OI PCR ratio increased from 1.46 to 1.50.

·         Stocks seen long build-up includes Chennai Petro, Manapurram, DCBBank, OIL, Kotakbank, Ajanta Pharma, Federalbank and CESC. Stocks seen short build-up includes Orientbank, Nationalum, Hexaware, Petronet, Pidiliteind, Justdial, TCS, MRPL, Torntpower, PVR, Raymond and PFC.

·         Option statistics: Nifty highest Call option OI for July series stands at 10000 strike price. In today’s trading session, Nifty 9900 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the July series stands at 9600 strike price. In today’s trading session, Nifty 9800 and 9900 put option seen addition in OI with IV decreasing indicates writing of option.

·         Looking into the option data, Nifty likely to move towards the level of 9950. On the downside, immediate support lies around the 9780 level and below that 9700 level.

·         Stocks in ban for trade on 17-Jul-2017: GMRInfra, HDIL, IBReal Estate, JPAssociate, JSWEnergy, KSCL, Orientbank and Ujjivan.

DERIVATIVE HIGHLIGHTS FOR 13-07-2017:

·         Nifty seen addition of 12 lacs in OI and Bank Nifty seen addition of 0.1 lacs in OI.

·         Nifty OI PCR ratio increased from 1.40 to 1.46.

·         Stocks seen long build-up includes Cholafinance, Ujjivan, Godfrey, Nationalum, Balkrishna, CAPF, Kotakbank, Infibeam, L&TFH, Hindalco, HDFC, Apollohospital and Axisbank. Stocks seen short build-up includes RDEL, Nestle, Sreinfra, ONGC, Escorts, MCX, NIITech and MGL.

·         Option statistics: Nifty highest Call option OI for July series stands at 10000 strike price. In today’s trading session, Nifty 9900 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the July series stands at 9600 strike price. In today’s trading session, Nifty 9700, 9800 and 9900 put option seen addition in OI with IV increasing indicates buying of option.

·         As mentioned, Nifty does gain further towards the level of 9900, making a high of 9897. Looking into the option data, Nifty likely to move towards the level of 9950. On the downside, immediate support lies around the 9780 level and below that 9700 level.

·         Stocks in ban for trade on 14-Jul-2017: HDIL, IBReal Estate, JPAssociate, JSWEnergy, KSCL and Ujjivan.

DERIVATIVE HIGHLIGHTS FOR 12-07-2017:

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

·         Nifty OI PCR ratio increased from 1.37 to 1.40.

·         Stocks seen long build-up includes Chennai Petro, MGL, PTC, Sintex, Biocon, MRPL, Power Grid, Adani Ent, Srtransfin, Apollo Tyre, Bank Baroda and MRF. Stocks seen short build-up includes COLPAL, GMR Infra, Chola Finance, Canfinhomes, Auro Pharma, PcJeweller, Mindtree and Balkrishna.

·         Option statistics: Nifty highest Call option OI for July series stands at 10000 strike price. In today’s trading session, Nifty 9900 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the July series stands at 9600 strike price. In today’s trading session, Nifty 9700 and 9800 put option seen addition in OI with IV decreasing indicates writing of option.

·         Looking into the option data, a move above 9830 will open the upside of 9872-9950 level. On the downside, immediate support lies around the 9700 level and below that 9610 level.

·         Stocks in ban for trade on 13-Jul-2017: HDIL, IBReal Estate, JPAssociate and JSWEnergy.

DERIVATIVE HIGHLIGHTS FOR 11-07-2017:

·         Nifty seen addition of 6 lacs in OI and Bank Nifty seen unwinding of 0.7 lacs in OI.

·         Nifty OI PCR ratio increased from 1.34 to 1.37.

·         Stocks seen long build-up includes NIITech, MGL, MRPL, Torntpharma, Indusindbank, BPCL, KPIT, Escort and HDFC. Stocks seen short build-up includes Ajanta Pharma, Amaraja, LICHSG, COLPAL, DCBBank, NHPC, Page Ind, Cipla, Srtransfin, Raymond ad Southbank.

·         Option statistics: Nifty highest Call option OI for July series stands at 9800 strike price. In today’s trading session, Nifty 9600 and 9700 call option seen unwinding in OI with IV decreasing indicates profit booking of option while 9800 call option seen addition in OI. Nifty highest Put Option OI for the July series stands at 9600 strike price. In today’s trading session, Nifty 9600 and 9700 put option seen addition in OI with IV increasing indicates buying of option.

·         As mentioned in the last report, Nifty does achieved the target of 9800, making a high of 9830, vindicating our view. Looking into the option data, a move above 9830 will open the upside of 9872-9950 level. On the downside, immediate support lies around the 9700 level and below that 9610 level.

·         Stocks in ban for trade on 12-Jul-2017: HDIL, IBReal Estate, JPAssociate, JSWEnergy and Ujjivan.

DERIVATIVE HIGHLIGHTS FOR 10-07-2017:

·         Nifty seen unwinding of 1 lakh in OI and Bank Nifty seen addition of 0.8 lacs in OI.

·         Nifty OI PCR ratio increased from 1.29 to 1.34.

·         Stocks seen long build-up includes Jet Airways, Tata Global, MRPL, Sintex, Divislab, Cummins, Syndibank and Havells. Stocks seen short build-up includes Ajanta Pharma, IDFC, Srtransfin, M&M and Page Ind.

·         Option statistics: Nifty highest Call option OI for July series stands at 9800 strike price. In today’s trading session, Nifty 9600 and 9700 call option seen unwinding in OI with IV decreasing indicates profit booking of option while 9800 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the July series stands at 9600 strike price. In today’s trading session, Nifty 9600 and 9700 put option seen addition in OI with IV decreasing indicates writing of option.

·         As mentioned in the last report, Nifty does cross the immediate hurdle of 9710 and is likely to move towards the level of 9800-9850 level. On the downside, immediate support lies around the 9660 level and below that 9590 level.

DERIVATIVE HIGHLIGHTS FOR 07-07-2017:

·         Nifty seen addition of 1 lakh in OI and Bank Nifty seen addition of 0.4 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.30 to 1.29.

·         Stocks seen long build-up includes TVSMotor, Reliance, Tata Chem, RBLBank, Ceat, Ashok Leyland, Tornt Pharma, Shree Cement, DLF and Cipla. Stocks seen short build-up includes Ambuja Cement, COLPAL, Orientbank, KSCL, Bank Baroda, NCC, Pidilite Ind, MRF, Hindalco, Hind Petro and Nationalum.

·         Option statistics: Nifty highest Call option OI for July series stands at 9700 strike price. In today’s trading session, Nifty 9500 and 9600 call option seen unwinding in OI with IV decreasing indicates profit booking of option while 9700 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the July series stands at 9500 strike price. In today’s trading session, Nifty 9600 and 9700 put option seen addition in OI with IV decreasing indicates writing of option.

·         Looking into the option data, a sustain trade above 9710 on Nifty will open the upside of 9800-9830 level. On the downside, immediate support lies around the 9600 level and below that 9535-9450 level.

·         Stocks in ban for trade on 10-July-2017: HDIL, IBREALEST, JPASSOCIATE, JSWENERGY and UJJIVAN.

DERIVATIVE HIGHLIGHTS FOR 06-07-2017:

·         Nifty seen addition of 1 lakh in OI and Bank Nifty seen addition of 1.3 lacs in OI.

·         Nifty OI PCR ratio increased from 1.26 to 1.30.

·         Stocks seen long build-up includes HDIL, Cholafinance, MRPL, Infratel, IDFCBank, Indigo, PNB, IndiaBank and Bank India. Stocks seen short build-up includes Pageind, Ajanta Pharma, NIITTech, Cadila, Muthoot Finance, SRF, DCB Bank, MRF, Apollo Hospital, Hind Petro and HCC.

·         Option statistics: Nifty highest Call option OI for July series stands at 9700 strike price. In today’s trading session, Nifty 9500, 9600 and 9700 call option seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the July series stands at 9500 strike price. In today’s trading session, Nifty 9500, 9600 and 9700 put option seen addition in OI with IV increasing indicates buying of option.

·         As mentioned and anticipated Nifty does achieved the upside target of 9710, making a high of 9700, vindicating our view. Looking into the option data, Nifty a sustain trade above 9710 will open the upside of 9800-9830 level. On the downside, immediate support lies around the 9550 level and below that 9450 level.

·         Stocks in ban for trade on 7-July-2017: HDIL, IBREALEST, JPASSOCIATE, JSWENERGY and UJJIVAN.

DERIVATIVE HIGHLIGHTS FOR 05-07-2017:

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

·         Nifty OI PCR ratio increased from 1.21 to 1.26.

·         Stocks seen long build-up includes Tata Chem, IBReal Est, Nestle, Ujjivan, Equitas, JSWEnergy, Raymond, GSFC, Shree Cement, Balkrishna, PTC, BEML, SRF and RelCapital. Stocks seen short build-up includes PVR, IndianB, Amaraja, Godfry, NHPC and Infibeam.

·         Option statistics: Nifty highest Call option OI for July series stands at 9700 strike price. In today’s trading session, Nifty 9500 and 9700 call option seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the July series stands at 9500 strike price. In today’s trading session, Nifty 9500, 9600 and 9700 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 9710 level. On the downside, immediate support lies around the 9550 level and below that 9450 level.

·         Stocks in ban for trade on 6-July-2017: IBREALEST, JPASSOCIATE, JSWENERGY and UJJIVAN.

DERIVATIVE HIGHLIGHTS FOR 04-07-2017:

·         Nifty seen addition of 5 lacs in OI and Bank Nifty seen addition of 0.8 lacs in OI.

·         Nifty OI PCR ratio increased from 1.18 to 1.21.

·         Stocks seen long build-up includes Srtransfin, National, Amaraja, Titan, IDFC, Bata India, Tata Elxsim DLF, Reliance and Adaniport. Stocks seen short build-up includes Justdial, Heromotor, MGL, ACC, Motherson, Balkrishna, Ashok Leyland, ALBK, GMRInfra and Fortis.

·         Option statistics: Nifty highest Call option OI for July series stands at 9700 strike price. In today’s trading session, Nifty 9600 and 9800 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the July series stands at 9400 strike price. In today’s trading session, Nifty 9400, 9500 and 9600 put option seen addition in OI with IV decreasing indicates writing of option.

·         Looking into the option data, Nifty likely to move towards the level of 9710 level. On the downside, immediate support lies around the 9550 level and below that 9450 level.

·         Stocks in ban for trade on 5-July-2017: JPASSOCIATE.

DERIVATIVE HIGHLIGHTS FOR 03-07-2017:

• Nifty seen addition of 5 lacs in OI and Bank Nifty seen unwinding of 0.5 lacs in OI.
• Nifty OI PCR ratio increased from 1.13 to 1.18.
• Stocks seen long build-up includes Srtransfin, Pageind, Ashok Leyland, Ceat, Infibeam, Jet Airways, ITC, Infratel, MRF, Eicher Motor, Orientbank, Adani Port and PcJeweller. Stocks seen short build-up includes DCBbank, NIITech, JPAssociate, MCX, Tata Motor, KSCL and Chola Fin.
• Option statistics: Nifty highest Call option OI for July series stands at 9800 strike price. In today’s trading session, Nifty 9500 and 9700 call option seen unwinding in OI. Nifty highest Put Option OI for the July series stands at 9400 strike price. In today’s trading session, Nifty 9400 and 9500 put option seen addition in OI.
• As mentioned in the last report, Nifty does move towards the level of 9620 above 9570 level, vindicating our view. Looking into the option data, Nifty likely to move towards the level of 9710 level. On the downside, immediate support lies around the 9550 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.