DERIVATIVE DIARY - AUGUST 2017

DERIVATIVE HIGHLIGHTS FOR 28-08-2017:

·         Nifty Future seen addition of 8 lacs in OI and Bank Nifty seen unwinding of 0.3 lacs in OI.

·         Nifty OI PCR ratio remains flat at 1.22.

·         Stocks seen long build-up includes Nestle, Voltas, L&TFH, Ramco Cement, Rel Capital, IFCI, Pageind, Adani Enterprise, Repco Home, DCBbank, UPL, Adani Port, Berger Paint, Tata Chem, Rpower and BajajFinserv. Stocks seen short build-up includes NHPC, BEML, PcJeweller, Amaraja, Apollo Tyre, Power Grid, IGL and Exideind.

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

·         Looking into the option data, Nifty immediate resistance lies around the 9950 level. On the downside, immediate support lies around the 9740 level and below that 9685 level.

·         Stocks in ban for trade on 29-Aug-2017: BEML, GMRInfra, HDIL, IBReal Estate, India Cement, JPAssociate, JSWEnergy, Justdial and RelCapital.

DERIVATIVE HIGHLIGHTS FOR 24-08-2017:

·         Nifty Future seen addition of 2 lacs in OI and Bank Nifty seen unwinding of 2.1 lacs in OI.

·         Nifty OI PCR ratio increased from 1.18 to 1.22.

·         Stocks seen long build-up includes Kajaria, Bergerpaint, Pidilite, Manapurram, Tata Power, Auro Pharma, Dalmia Bharat, Bajfinanserv, Divis Lab, Hexaware and BEL. Stocks seen short build-up includes Indigo, Bajaj Auto, SRF, IGL, Bharat Forge and CGPower.

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

·         Looking into the option data, Nifty immediate resistance lies around the 9950 level. On the downside, immediate support lies around the 9740 level and below that 9685 level.

·         Stocks in ban for trade on 28-Aug-2017: DLF, GMRInfra, HDIL, IBReal Estate, JPAssociate, JSWEnergy and Justdial.

DERIVATIVE HIGHLIGHTS FOR 23-08-2017:

·         Nifty Future seen unwinding of 6 lacs in OI and Bank Nifty seen unwinding of 1.3 lacs in OI.

·         Nifty OI PCR ratio increased from 1.09 to 1.18.

·         Stocks seen long build-up includes Kajaria, Balkrishna, BEML, GSFC, DHFL, Bank Baroda, Bajfinance, Bharat Finance, MRF, Manapurram, Tata Global and Infy. Stocks seen short build-up includes Siemens, CONCOR, Indigo, Cummins, Cadila, PcJeweller, McDowell and Tornrpharma.

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

·         Looking into the option data, a move above 9858 will open the upside of 9900-9950 level. On the downside, immediate resistance lies around the 9740 level and below that 9685 level.

·         Stocks in ban for trade on 24-Aug-2017: DLF, GMRInfra, HDIL, IBReal  Estate, JPAssociate, JSWEnergy and Justdial.

DERIVATIVE HIGHLIGHTS FOR 22-08-2017:

·         Nifty Future seen unwinding of 4 lacs in OI and Bank Nifty seen unwinding of 0.2 lacs in OI.

·         Nifty OI PCR ratio increased from 1.07 to 1.09.

·         Stocks seen long build-up includes Apollo Hospital, DHFL, Bata India, Wipro and CONCOR. Stocks seen short build-up includes Motherson, ICIL, DLF, NHPC, UPL, Canfinhomes, Ceat, Suntv, Century Textiles, IndiaB, Exideind and Indigo.

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

·         As mentioned, Nifty does break the lower trading band of 9780 and the next support to eye will be around the 9685 level. On the upside, immediate resistance lies around the 9850 and above that 9948 level. 

DERIVATIVE HIGHLIGHTS FOR 21-08-2017:

·         Nifty Future seen addition of 6 lacs in OI and Bank Nifty seen addition of 1.7 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.14 to 1.07.

·         Stocks seen long build-up includes PcJeweller, Axis Bank, M&M, Chennai Petro and TechM. Stocks seen short build-up includes Oil, Ramco Cement, Infy, UPL, PNB, Ceat, PVR, PEL, Canbank, Orientbank, ONGC, Amaraja, Ujjivan, BHEL, Adani Port and Relinfra.

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

·         As mentioned, Nifty does break the lower trading band of 9780 and the next support to eye will be around the 9685 level. On the upside, immediate resistance lies around the 9850 and above that 9965 level.

·         Stocks in ban for trade on 22-Aug-2017: BEML, Fortis, HDIL, IBReal Estate, JPAssociate, Just Dial and JSWEnergy.

DERIVATIVE HIGHLIGHTS FOR 18-08-2017:

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

·         Nifty OI PCR ratio decreased from 1.21 to 1.14.

·         Stocks seen long build-up includes MRPL, PcJeweller, ACC, Just Dial, Hindunilvr, Bharat Finance, Tata Global, IGL and TCS. Stocks seen short build-up includes Infy, ZEEL, Apollo Hospital, Berger Paint, NHPC, Sintex, OFSS, REC, MRF, Amaraja, Ajanta Pharma and Cipla.

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

·         Looking into the option data, Nifty likely to trade in the trade in the range of 9780-9950. A breakout of the trading range on either side will give a move of 80-100 points on Nifty.

·         Stocks in ban for trade on 21-Aug-2017: BEML, Fortis, HDIL, IBReal Estate, JPAssociate, Just Dial and JSWEnergy.

DERIVATIVE HIGHLIGHTS FOR 17-08-2017:

·         Nifty Future seen addition of 15 lacs in OI and Bank Nifty seen unwinding of 0.9 lacs in OI.

·         Nifty OI PCR ratio increased from 1.18 to 1.21.

·         Stocks seen long build-up includes Hexaware, BEML, HDFC, Coal India, NTPC, Sreinfra, Sintex, GSFC and TechM. Stocks seen short build-up includes Apollo Hospital, Motherson, Berger Paint, Adani Port, Shree Cement, Heromotor and Maruti.

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

·         Looking into the option data, a move above 9910 will open further upside level of 10000-10130. On the downside, immediate support lies around the 9820 level.

·         Stocks in ban for trade on 18-Aug-2017: Fortis, HDIL, IBReal Estate, JPAssociate and JSWEnergy.

DERIVATIVE HIGHLIGHTS FOR 16-08-2017:

·         Nifty Future seen addition of 10 lacs in OI and Bank Nifty seen addition of 0.5 lacs in OI.

·         Nifty OI PCR ratio increased from 1.12 to 1.18.

·         Stocks seen long build-up includes MFSL, JSWenergy, Heromotor, TVSMootr, ICIL, ACC, VEDL, PcJeweller, Bank Baroda and Britannia. Stocks seen short build-up includes Havells, Marico, Biocon, Power Grid, DLF, Asian Paint and Glenmark.

·         Option statistics: Nifty highest Call option OI for August series stands at 10000 strike price. In today’s trading session, Nifty 9800, 9900 and 10000 calls option seen addition in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the August series stands at 9500 strike price. In today’s trading session, Nifty 9700, 9800 and 9900 put options seen addition in OI with IV increasing indicates buying of option.

·         As mentioned in the last report, Nifty does move towards the level of 9900 once 9780 was taken out. Looking into the option data, a move above 9910 will open further upside level of 10000-10130. On the downside, immediate support lies around the 9820 level. 

DERIVATIVE HIGHLIGHTS FOR 11-08-2017:

·         Nifty Future seen addition of 8 lacs in OI and Bank Nifty seen unwinding of 0.8 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.09 to 1.06.

·         Stocks seen long build-up includes CGPower, IGL, Cadila, HDIL, Hind Petro and Biocon. Stocks seen short build-up includes TVSMotor, Bergerpaint, SBIN, PVR, KSCL, Bajfinance, McDowell, Godrejind and JPAssociate.

·         Option statistics: Nifty highest Call option OI for August series stands at 10000 strike price. In today’s trading session, Nifty 9700, 9800 and 99000 calls option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the August series stands at 9500 strike price. In today’s trading session, Nifty 9700, 9800 and 9900 put options seen unwinding in OI with IV increasing indicates short covering by writers of option.

·         As mentioned, Nifty does open around the support level of 9700 on back of weak global cues. Looking into the option data, a close below 9680 will open further downside of 9560 level. On the upside, immediate resistance lies around the 9780 level and above that 9900 level.

·         Stocks in ban for trade on 14-Aug-2017: DLF, Fortis, IBReal Estate and JISLJAL.

DERIVATIVE HIGHLIGHTS FOR 10-08-2017:

·         Nifty Future seen unwinding of 7 lacs in OI and Bank Nifty seen unwinding of 2.3 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.13 to 1.09.

·         Stocks seen long build-up includes Britannia. Stocks seen short build-up includes UBL, Infibeam, BHEL, RDEL, GSFC and Tata Motors.

·         Option statistics: Nifty highest Call option OI for August series stands at 10100 strike price. In today’s trading session, Nifty 9800, 9900 and 10000 calls option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the August series stands at 9800 strike price. In today’s trading session, Nifty 9800, 9900 and 10000 put options seen unwinding in OI with IV decreasing indicates profit booking of option.

·         As mentioned, Nifty does achieved the downside target of 9800, making a low of 9777, vindicating our view. Looking into the option data, Nifty a sustain trade below 9777 will open further downside of 9700 level. On the upside, immediate resistance lies around the 9975 level.

·         Stocks in ban for trade on 11-Aug-2017: DLF, Fortis, IBReal Estate, Jindal Steel, JISLJAL and JSWEnergy.

DERIVATIVE HIGHLIGHTS FOR 09-08-2017:

·         Nifty Future seen addition of 3 lacs in OI and Bank Nifty seen unwinding of 1.3 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.15 to 1.13.

·         Stocks seen long build-up includes Havells, UBL, Titan, Bank India, Page Ind, ACC, Hind Zinc and IGL. Stocks seen short build-up includes Adani Port, Cadila, Auro Pharma, Cipla, PVR, SRF, RBLBank, Ceat, Cummins, Kajaria Ceramic, Exide Ind, Eicher Motor, Suntv and STAR.

·         Option statistics: Nifty highest Call option OI for August series stands at 10100 strike price. In today’s trading session, Nifty 9900, 10000 and 10100 calls option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the August series stands at 9800 strike price. In today’s trading session, Nifty 9900, 10000 and 10100 put options seen unwinding in OI with IV increasing indicates short covering by writer of option.

·         Looking into the option data, Nifty does break the support of 9945 and is likely to move towards the downside of 9850-9800 level. On the upside, immediate resistance lies around the 10010 level.

·         Stocks in ban for trade on 10-Aug-2017: DLF, HDIL, IBReal Estate, India Cement, Jindal Steel, JISLJAL, JPAssociate, JSWEnergy and Wockpharma.

DERIVATIVE HIGHLIGHTS FOR 08-08-2017:

·         Nifty Future seen addition of 14 lacs in OI and Bank Nifty seen addition of 2.2 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.25 to 1.15.

·         Stocks seen long build-up includes MRPL, MGL, Hindalco, Nationalum, Cipla, Bajaj Auto, Muthoot Finance, Jublfood, Infibeam and NMDC. Stocks seen short build-up includes Jindal Steel, DCBbank, DLF, Drreddy, BHEL, Sintex, ITC, Ceat, NTPC and Suntv.

·         Option statistics: Nifty highest Call option OI for August series stands at 10100 strike price. In today’s trading session, Nifty 9900, 10000 and 10100 calls option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the August series stands at 10000 strike price. In today’s trading session, Nifty 9900, 10000 and 10100 put options seen unwinding in OI with IV increasing indicates short covering by writer of option.

·         Looking into the option data, Nifty immediate support lies around the 9945 level and a sustain trade below 9945 will open the downside of 9850-9800 level. On the upside, immediate resistance lies around the 10115 level and a sustain trade above 10115 will open the upside of 10250-10300.

·         Stocks in ban for trade on 09-Aug-2017: HDIL, IBReal Estate, India Cement, Jindal Steel, JPAssociate, JSWEnergy, KSCL and Wockpharma.

DERIVATIVE HIGHLIGHTS FOR 04-08-2017:

·         Nifty Future seen unwinding of 3 lacs in OI and Bank Nifty seen unwinding of 1.1 lacs in OI.

·         Nifty OI PCR ratio increased from 1.21 to 1.21.

·         Stocks seen long build-up includes Titan, IBreal Estate, Ujjivan, Torntpower, Jet Airways, M&M Finance, Infratel, Bajaj Auto and Tata Steel. Stocks seen short build-up includes Berger Paint, Chennai Petro, HDIL, Biocon, Drreddy, Exideind, Tata Power, Jindal Steel, ICICPru and Cadila.

·         Option statistics: Nifty highest Call option OI for August series stands at 10500 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 August series stands at 10000 strike price. In today’s trading session, Nifty 9900, 10000 and 10100 put options seen addition in OI with IV decreasing indicates writing of option.

·         Looking into the option data, Nifty immediate support lies around the 9980 and the next support to watch out will be 9940 level. On the upside, immediate resistance lies around the 10115 level and a sustain trade above 10115 will open the upside of 10250-10300.

·         Stocks in ban for trade on 07-Aug-2017: HDIL, IBReal Estate, India Cement, JPAssociate, JSWEnergy, KSCL and Wockpharma.

DERIVATIVE HIGHLIGHTS FOR 03-08-2017:

·         Nifty Future seen addition of 7 lacs in OI and Bank Nifty seen unwinding of 2.4 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.26 to 1.31.

·         Stocks seen long build-up includes Infibeam, Infratel, Fortis, ACC, GodrejInd, Ambuja Cement, BPCL and COLPAL. Stocks seen short build-up includes Cummins, Lupin, Jindal Steel, Ramco Cement, Cipla, Canbank, Unionbank, Pageind, Syndicate Bank, Coal India, Nationalum, India Cement, Drreddy, Amaraja and Canfinhomes.

·         Option statistics: Nifty highest Call option OI for August series stands at 10500 strike price. In today’s trading session, Nifty 10000, 10100 and 10200 calls option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the August series stands at 10000 strike price. In today’s trading session, Nifty 9900, 10000 and 10100 put options seen unwinding in OI with IV decreasing indicates profit booking of option.

·         Looking into the option data, Nifty does break the support of 10020 and is likely to move towards the level of 9940 level. On the upside, immediate resistance lies around the 10080 level.

·         Stocks in ban for trade on 04-Aug-2017: India Cement, JPAssociate, JSWEnergy KSCL and Wockpharma.

DERIVATIVE HIGHLIGHTS FOR 02-08-2017:

·         Nifty Future seen addition of 12 lacs in OI and Bank Nifty seen addition of 0.9 lacs in OI.

·         Nifty OI PCR ratio decreased from 1.31 to 1.26.

·         Stocks seen long build-up includes Cummins, Ceatltd, Titan, Balrampur, NIITtech, MRF, Ramco Cement, Voltas, ACC, Apollo Tyre, GSFC, Hindalco and BOSCH. Stocks seen short build-up includes Infibeam, GodrejCP, Unionbank, Infratel, Wock Pharma, BHEL, Chennai Petro, Drreddy, RDEL and UBL.

·         Option statistics: Nifty highest Call option OI for August series stands at 10500 strike price. In today’s trading session, Nifty 10100 and 10200 calls option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the August series stands at 10000 strike price. In today’s trading session, Nifty 9900, 10000 and 10100 put options seen unwinding in OI with IV decreasing indicates profit booking of option.

·         Looking into the option data, Nifty immediate resistance lies around the 10115 level. A sustain trade above 10115 will open the upside of 10200-10250. On the downside, immediate support lies around the 10040-10020 level and a sustain trade below 10020 will open the downside of 9945 level.

·         Stocks in ban for trade on 03-Aug-2017: IBReal Estate, JPAssociate, JSWEnergy and Wockpharma.

DERIVATIVE HIGHLIGHTS FOR 01-08-2017:

• ·         Nifty Future seen addition of 2 lacs in OI and Bank Nifty seen unwinding of 0.3 lacs in OI.
  ·         Nifty OI PCR ratio increased from 1.28 to 1.31.
  ·         Stocks seen long build-up includes Chennai Petro, TechM, Voltas, Eicher Motor, Hero Motor, TVS Motor, Sreinfra, Bajaj Auto, Ashok Leyland and Hindalco. Stocks seen short build-up includes Marico, GodrejCp, PNB, PcJeweller, ICICPru, PFC, NIITTech, Godrejind and Indian Bank.
  ·         Option statistics: Nifty highest Call option OI for August series stands at 10500 strike price. In today’s trading session, Nifty 10000 and 10200 calls option seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the August series stands at 10000 strike price. In today’s trading session, Nifty 9900, 10000 and 10100 put options seen addition in OI with IV increasing indicates buying of option.
  ·         Looking into the option data, Nifty immediate resistance lies around the 10115 level. A sustain trade above 10115 will open the upside of 10200-10250. On the downside, immediate support lies around the 10040 level and below that 9945 level.
  ·         Stocks in ban for trade on 02-Aug-2017: IBReal Estate, JPAssociate and JSWEnergy.

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.