DERIVATIVE DIARY - APRIL 2018

DERIVATIVE HIGHLIGHTS FOR 26-04-2018

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

Particulars	May Series	April Series	% Change
OVERALL OI IN NO. OF SHARES (Cr.)	577.10	562.62	2.57%
NIFTY FUT OI IN NO. OF SHARES (Cr.)	2.31	2.10	10.00%
STOCK FUT OI IN NO. OF SHARES (Cr.)	505.68	495.03	2.15%
BANK NIFTY FUT OI (No. in Mn)	2.11	1.62	30.25%
CALL OPTION OI IN NO. OF SHARES (Cr.)	3.98	4.56	-12.72%
PUT OPTION OI IN NO. OF SHARES (Cr.)	5.92	6.31	-6.18%
OI (Rs. in crores)	297170.00	274296.00	8.34%
NIFTY CLOSING	10617.80	10113.70	4.98%

·        Overall rollover for the April series stands at 87% vs. 87% in the last series and slightly higher than the 3M Average of 86%. Nifty rollover for the series stands at 72% vs. 69% in the last series and also higher than the 3M Average of 66%. Bank Nifty rollover too is on the higher side at 83% vs. 75% in the last series and also higher than the 3M Average of 70%.

·        Nifty OI PCR ratio stands at 1.49.

·        Option statistics: Nifty highest Call option OI for May series stands at 11000 strike price. In today’s trading session, Nifty 10500, 10600 and 10700 call options seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the May series stands at 10500 strike price. In today’s trading session, Nifty 10500, 10600 and 10700 put options seen addition in OI with IV decreasing indicates writing of option.

·        Looking into the option data, a sustain trade above the 10630 level will open the upside of 10700-10750 level. On the downside, immediate support currently stands around the 10500 level.

·        Stocks in ban for trade on 27-Apr-2018: NIL.

DERIVATIVE HIGHLIGHTS FOR 25-04-2018

·        Nifty future seen addition of 9 lacs in OI and Bank Nifty seen addition of 1.6 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.70 to 1.61.

·        Stocks seen long build-up includes Shreecement, NIITTech, Bergerpaint, TV18BRDCST, DLF and TCS. Stocks seen short build-up includes JPAssociate, Grasim, HCC, Apollo Hospital, PcJeweller, Ramco Cement, Kajaria, M&MFinance, Petronet, Suzlon, DCBbank, Godfreyphillip, Repco Home, Nestleind, Torntpharma, NCC and Jet Airways.

·        Option statistics: Nifty highest Call option OI for April series stands at 10700 strike price. In today’s trading session, Nifty 10550 and 10600 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the April series stands at 10500 strike price. In today’s trading session, Nifty 10500, 10550 and 10600 put options seen unwinding in OI with IV increasing indicates covering by writers of option.

·        Looking into the option data, a sustain trade above the 10630 level will open the upside of 10700-10750 level. On the downside, immediate support currently stands around the 10500 level.

·        Overall rollover before E-1 day stands at 58% vs. 59% in the last series and Nifty rollover before E-1 day stands at 45 vs. 54% in the last series.

·        Stocks were the rollover before E-1 trading day is less than 50% includes Allahabad Bank, Andhra Bank, IDBI, IFCI, Ambuja Cement, Godrejind, BHEL, ITC, BPCL, TCS, Apollo Tyre and BOSCH. Due to lower rollover until now one can expect high volatility in the above stocks.

·        Stocks in ban for trade on 26-Apr-2018: BALRAMCHIN, DHFL, GMRINFRA, RAYMOND & WOCKPHARMA.

DERIVATIVE HIGHLIGHTS FOR 24-04-2018

·        Nifty future seen unwinding of 8 lacs in OI and Bank Nifty seen addition of 1.4 lacs in OI.

·        Nifty OI PCR ratio increased from 1.64 to 1.70.

·        Stocks seen long build-up includes GMRInfra, ICICIPrulife, Pageind, Cadila, IGL, CONCOR, RBLBank, Wockpharma and ICICIBank. Stocks seen short build-up includes Andhrabank, RNAVAL, IDFC, Ultracement, Suntv, IFCI, Apollo Hospital, Suzlon, Nationalum, Adanient, Balkrishna, HCLTech, IDFCBank and RCom.

·        Option statistics: Nifty highest Call option OI for April series stands at 10700 strike price. In today’s trading session, Nifty 10500, 10600 and 10700 call options seen unwinding in OI with IV increasing indicates covering by writers of option. Nifty highest Put Option OI for the April series stands at 10500 strike price. In today’s trading session, Nifty 10600 and 10700 put options seen addition in OI with IV decreasing indicates writing of option.

·        Looking into the option data, a sustain trade above the 10630 level will open the upside of 10700-10750 level. On the downside, immediate support stands around the 10560 level and below that 10500 level.

·        Overall rollover before E-2 days stands at 38% vs. 55% in the last series and Nifty rollover before E-2 days stands at 28% vs. 41% in the last series.

·        Stocks in ban for trade on 25-Apr-2018: BALRAMCHIN, DHFL, GMRINFRA & WOCKPHARMA.

DERIVATIVE HIGHLIGHTS FOR 23-04-2018

·        Nifty future seen addition of 5 lacs in OI and Bank Nifty seen addition of 1 lakh in OI.

·        Nifty OI PCR ratio increased from 1.62 to 1.64.

·        Stocks seen long build-up includes Cholafinance, NIITech, Tata Elxsi, Mindtree, Cadila, Srtransfin, Dalmia Bharat, Torntpower, Kotakbank and ICICPrulife. Stocks seen short build-up includes OFSS, IDFC, Hexaware, Dishtv, PTC, Adanipower, Southbank, Castrol, TVSMotor, LT and Havells.

·        Option statistics: Nifty highest Call option OI for April series stands at 10700 strike price. In today’s trading session, Nifty 10400, 10500 and 10600 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the April series stands at 10500 strike price. In today’s trading session, Nifty 10500 and 10600 put options seen addition in OI with IV increasing indicates buying of option.

·        As mentioned and anticipated, Nifty does move towards the level of 10630, vindicating our view. Looking into the option data, a sustain trade above the 10630 level will open the upside of 10700-10750 level. On the downside, immediate support stands around the 10540 level and below that 10400 level.

·        Overall rollover before E-3 days stands at 22% vs. 23% in the last series and Nifty rollover before E-3 days stands at 18% vs. 23% in the last series.

·        Stocks in ban for trade on 24-Apr-2018: BALRAMCHIN, DHFL, JETAIRWAYS, JPASSOCIATE & TV18BRDCST.

DERIVATIVE HIGHLIGHTS FOR 20-04-2018

·        Nifty future seen addition of 5 lacs in OI and Bank Nifty seen addition of 0.5 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.63 to 1.62.

·        Stocks seen long build-up includes OFSS, Mindtree, SRF, Bata India, Apollo Hospital, Wock Pharma, Tata Elxsi, GSFC, Dishtv, OIL and Infy. Stocks seen short build-up includes Canbk, IDBI, DHFL, Orientbank, HindPetro, Rpower, Bergerpaint, PVR, Voltas, Andhrabank, SBIN, Nationalum and HDFC.

·        Option statistics: Nifty highest Call option OI for April series stands at 10700 strike price. In today’s trading session, Nifty 10500 and 10600 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the April series stands at 10500 strike price. In today’s trading session, Nifty 10400 and 10600 put options seen unwinding in OI with IV decreasing indicates profit booking of option.

·        Looking into the option data, the immediate support stands around the 10490 level and below that 10400 level. On the upside, Nifty likely to move towards the level of 10630. 

·        Stocks in ban for trade on 23-Apr-2018: BALRAMCHIN, DHFL, JETAIRWAYS, JPASSOCIATE, RCOM & TV18BRDCST.

DERIVATIVE HIGHLIGHTS FOR 19-04-2018

·        Nifty future seen addition of 4 lacs in OI and Bank Nifty seen addition of 0.3 lacs in OI.

·        Nifty OI PCR ratio increased from 1.60 to 1.63.

·        Stocks seen long build-up includes Nationalum, VGuard, OFSS, HindZinc, COLPAL, TCS, Grasim, Hindalco, Justdial, M&MFin, LT and Tata Elxsi. Stocks seen short build-up includes BPCL, Siemens, Balramchini, Bharatfin, HindPetro, IOC, Titan, Engineersind, Castrol and Star.

·        Option statistics: Nifty highest Call option OI for April series stands at 10700 strike price. In today’s trading session, Nifty 10400 and 10500 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the April series stands at 10500 strike price. In today’s trading session, Nifty 10500 and 10600 put options seen addition in OI with IV decreasing indicates writing of option.

·        Looking into the option data, the immediate support stands around the 10490 level and below that 10400 level. On the upside, Nifty likely to move towards the level of 10630. 

·        Stocks in ban for trade on 20-Apr-2018: BALRAMCHIN, IRB, JETAIRWAYS, JPASSOCIATE, RCOM & TV18BRDCST.

DERIVATIVE HIGHLIGHTS FOR 18-04-2018

·        Nifty future seen addition of 6 lacs in OI and Bank Nifty seen unwinding of 0.8 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.64 to 1.60.

·        Stocks seen long build-up includes VGuard, Amaraja, Godrejind, UBL, Exdieind, Cummins and ZEEL. Stocks seen short build-up includes Bank Baroda, Apollo Hospital, IndianB, Balramchini, NBCC, Andhrabank, Oreintbank, Adanient and Heromotor.

·        Option statistics: Nifty highest Call option OI for April series stands at 10700 strike price. In today’s trading session, Nifty 10600 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the April series stands at 10400 strike price. In today’s trading session, Nifty 10500 and 10600 put options seen addition in OI with IV decreasing indicates writing of option.

·        Looking into the option data, the immediate support stands around the 10490 level and below that 10400 level. On the upside, Nifty likely to move towards the level of 10630. 

·        Stocks in ban for trade on 19-Apr-2018: IRB, JETAIRWAYS, JPASSOCIATE, RCOM & TV18BRDCST.

DERIVATIVE HIGHLIGHTS FOR 17-04-2018

·        Nifty future seen addition of 5 lacs in OI and Bank Nifty seen addition of 1 lakh in OI.

·        Nifty OI PCR ratio decreased from 1.66 to 1.64.

·        Stocks seen long build-up includes DCBbank, Powergrid, JetAirways, UBL, MFSL, CONCOR, Titan, Ceat, Indigo and L&TFH. Stocks seen short build-up includes MGL, Apollo Tyre, IGL, Engineersind, Yesbank, ICICIPrulife, Tonrtpower, Apollo Hospital and Infratel.

·        Option statistics: Nifty highest Call option OI for April series stands at 10700 strike price. In today’s trading session, Nifty 10400 and 10500 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the April series stands at 10400 strike price. In today’s trading session, Nifty 10500 and 10600 put options seen addition in OI with IV increasing indicates buying of option.

·        Looking into the option data, the immediate support stands around the 10450 level and below that 10300 level. On the upside, Nifty likely to move towards the level of 10630 above the 10560 level. 

·        Stocks in ban for trade on 18-Apr-2018: IRB, JPASSOCIATE, RCOM & TV18BRDCST.

DERIVATIVE HIGHLIGHTS FOR 16-04-2018

·        Nifty future seen addition of 3 lacs in OI and Bank Nifty seen addition of 0.8 lacs in OI.

·        Nifty OI PCR ratio increased from 1.63 to 1.66.

·        Stocks seen long build-up includes DCBbank, Arvind, Tata Chem, Ajantapharma, Escorts, TVSMotor, Pidilite, CONCOR, GodrejCP and Mindtree. Stocks seen short build-up includes Cummins, TataMotor, MFSL, Titan, ICICIPru and Canbank.

·        Option statistics: Nifty highest Call option OI for April series stands at 10700 strike price. In today’s trading session, Nifty 10400, 10500 and 10600 call options seen unwinding in OI with IV increasing indicates covering by writers of option. Nifty highest Put Option OI for the April series stands at 10300 strike price. In today’s trading session, Nifty 10500 and 10600 put options seen addition in OI with IV decreasing indicates writing of option.

·        Looking into the option data, the immediate support stands around the 10420 level and below that 10300 level. On the upside, Nifty likely to move towards the level of 10630 above the 10520 level. 

·        Stocks in ban for trade on 17-Apr-2018: BALRAMCHINI, IRB, JPASSOCIATE, RCOM & TV18BRDCST.

DERIVATIVE HIGHLIGHTS FOR 13-04-2018

·        Nifty future seen addition of 8 lacs in OI and Bank Nifty seen unwinding of 0.7 lacs in OI.

·        Nifty OI PCR ratio increased from 1.61 to 1.63.

·        Stocks seen long build-up includes VGuard, Nationalum, Escorts, TechM, TVSMotor, DCBBank, Mindtree, Pidilite, Adanient, MCX, Pageind and HindZinc. Stocks seen short build-up includes BPCL, Siemens, BEL, Justdial, WockPharma, Marico, SBIN, Bajajfinserve, Equitas and MFSL.

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

·        As mentioned in the yesterday report, Nifty does achieved the upside target of 10500, vindicating our view. Looking into the option data, the immediate support stands around the 10420 level and below that 10300 level. On the upside, Nifty likely to move towards the level of 10630 above the 10520 level. 

·        Stocks in ban for trade on 16-Apr-2018: BALRAMCHINI, IRB, JPASSOCIATE & TV18BRDCST.

DERIVATIVE HIGHLIGHTS FOR 12-04-2018

·        Nifty future seen addition of 11 lacs in OI and Bank Nifty seen addition of 0.9 lacs in OI.

·        Nifty OI PCR ratio increased from 1.50 to 1.61.

·        Stocks seen long build-up includes BPCL, TCS, NIITTech, Havells, ChennaiPetro, TechM and Ramcocement. Stocks seen short build-up includes Apollo Hospital, STAR, IGL, IRB, PcJeweller, Cholafinance, Adaniport, Amaraja, Adanient, Orientbank, Maruti and Bank India.

·        Option statistics: Nifty highest Call option OI for April series stands at 10600 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 April 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.

·        As mentioned in the yesterday report, a move above 10430 likely to take Nifty towards the level of 10480-10500. On the downside, immediate support stands around the 10390 level and below that 10290 level.

·        Stocks in ban for trade on 13-Apr-2018: BALRAMCHINI, IRB, JETAIRWAYS & JPASSOCIATE.

DERIVATIVE HIGHLIGHTS FOR 11-04-2018

·        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 1.47 to 1.50.

·        Stocks seen long build-up includes Bata India, IRB, Nationalum, JPAssociate, Exideind, SRF, Amaraja, Jublfood, Mcdowell, Indigo, PVR and Hindalco. Stocks seen short build-up includes MGL, BPCL, ChennaiPetro, IOC, TVSMotor, Engineersind, STAR, Godrejind and Marico.

·        Option statistics: Nifty highest Call option OI for April series stands at 10500 strike price. In today’s trading session, Nifty 10400 and 10500 call options seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the April 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 is facing resistance around the 10430 level and a move above 10430 will open the upside of 10480-10500 level. On the downside, immediate support stands around the 10350 level and below that 10290 level.

·        Stocks in ban for trade on 12-Apr-2018: BALRAMCHINI, JETAIRWAYS & JPASSOCIATE.

DERIVATIVE HIGHLIGHTS FOR 10-04-2018

·        Nifty future seen addition of 3 lacs in OI and Bank Nifty seen addition of 2.3 lacs in OI.

·        Nifty OI PCR ratio increased from 1.44 to 1.47.

·        Stocks seen long build-up includes Mindtree, Ramcocem, Balramchini, Adanient, Divislab, Axisbank, Pidiliteind, Manappuram, Cholafin, Muthootfin, Bharatforge and VEDL. Stocks seen short build-up includes MGL, Kotakbank, HDFCBank, STAR, Shreecement and KPIT.

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

·        Looking into the option data, Nifty likely to move towards the level of 10450-10478 level. On the downside, immediate support stands around the 10290 level and below that 10200 level.

·        Stocks in ban for trade on 11-Apr-2018: BALRAMCHINI & JETAIRWAYS.

DERIVATIVE HIGHLIGHTS FOR 09-04-2018

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

·        Nifty OI PCR ratio decreased from 1.45 to 1.44.

·        Stocks seen long build-up includes Balkrishna, Pageind, Marico, PVR, Asianpaint, Godfrey, DCBbank and ONGC. Stocks seen short build-up includes STAR, MGL, Mindtree, Adanient, ZEEL, Siemens, NIITech, Bajaj Auto, Kajaria and SRTRANSFIN.

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

·        As mentioned, Nifty does move towards the level of 10370, vindicating our view. Looking into the option data, Nifty likely to move towards the level of 10450-10478 level. On the downside, immediate support stands around the 10280 level.

·        Stocks in ban for trade on 10-Apr-2018: JETAIRWAYS.

DERIVATIVE HIGHLIGHTS FOR 06-04-2018

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

·        Nifty OI PCR ratio increased from 1.42 to 1.45.

·        Stocks seen long build-up includes Adanient, Jublfood, Bergerpaint, Pcjeweller, Mindtree, ALBK, Escorts, Suntv, MRPL, SRF and NIITTech. Stocks seen short build-up includes BajajAuto, Idea, India Cement, Apollo Hospital, Ramco Cement and Nestleind.

·        Option statistics: Nifty highest Call option OI for April series stands at 11000 strike price. In today’s trading session, Nifty 10200 and 10400 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the April series stands at 10000 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 does cross the resistance of 10280 and is likely to move towards the level of 10370-1450 level. On the downside, immediate support stands around the 10200 level.

·        Stocks in ban for trade on 9-Apr-2018: JETAIRWAYS.

DERIVATIVE HIGHLIGHTS FOR 05-04-2018

·        Nifty future seen unwinding of 5 lacs in OI and Bank Nifty seen unwinding of 2.2 lacs in OI.

·        Nifty OI PCR ratio increased from 1.34 to 1.42.

·        Stocks seen long build-up includes  Rcom, Pageind, Titan, Ramcocem, Srtransfin, Syndicatebank, VEDL, Apollo Tyre, Exideind, Muthootfin, L&TFH, Heromotor, Bergerpaint, NCC, Godrejind, Canbank, Federalbank, Cholaginance, IDBI and Voltas. Stocks seen short build-up includes PVR, Marico, PcJeweller, Balrampurchin, Cipla and BOSCH.

·        Option statistics: Nifty highest Call option OI for April series stands at 11000 strike price. In today’s trading session, Nifty 10200, 10300 and 10400 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the April series stands at 10000 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 does cross the resistance of 10280 and is likely to move towards the level of 10370-1450 level. On the downside, immediate support stands around the 10200 level. 

DERIVATIVE HIGHLIGHTS FOR 04-04-2018

·        Nifty future seen addition of 25 lacs in OI and Bank Nifty seen unwinding of 2.5 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.43 to 1.34.

·        Stocks seen long build-up includes BOSCH, Heromotor, COLPAL, Rpower, Repcohome, Indigo and Hindunilvr. Stocks seen short build-up includes Godredind, Pcjeweller, Voltas, NTPC, NMDC, HDFCBank, HCC, Indusindbank, OIL, RCom, Coal India, Hindalco, Drreddy and BPCL.

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

·        As mentioned, Nifty does move towards the level of 10290, making a high of 10280 and retraced from the high level to break the immediate support of 10160. Looking into the option data, Nifty crucial support stands around the 10090 and a sustain trade below 10090 will open the further downside of 9950 level. On the upside, immediate resistance stands around the 10190 and above that 10280 level.

·        Stocks in ban for trade on 5-Apr-2018: NIL.

DERIVATIVE HIGHLIGHTS FOR 03-04-2018

·        Nifty future seen addition of 2 lacs in OI and Bank Nifty seen unwinding of 0.7 lacs in OI.

·        Nifty OI PCR ratio increased from 1.42 to 1.43.

·        Stocks seen long build-up includes MRF, Balkrishna, JetAirways, Cholafin, Ceat, Ujjivan, Bharatfin, Voltas, Cadila, VGuard, Apollotyre and Pidilite. Stocks seen short build-up includes Hindalco, Kajaria, Bergerpaint, TechM, Oil and Eichermotor.

·        Option statistics: Nifty highest Call option OI for April series stands at 11000 strike price. In today’s trading session, Nifty 10300 call options seen addition in OI with IV increasing indicates writing of option. Nifty highest Put Option OI for the April 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.

·        Looking into the option data, Nifty immediate support stands around the 10160 and below that 10090. On the upside, immediate likely to move towards the level of 10290-10350 level.

·        Stocks in ban for trade on 4-Apr-2018: NIL.

DERIVATIVE HIGHLIGHTS FOR 02-04-2018

·            Nifty future seen unwinding of 2 lacs in OI and Bank Nifty seen addition of 1.2 lacs in OI.

·        Nifty OI PCR ratio increased from 1.38 to 1.42.

·        Stocks seen long build-up includes Hexaware, Cholafin, OFSS, NIITTech, ACC, Justdial, Bergerpaint, Escorts, Bharatforge, Voltas, Ramcoem, Muthootfin and Tata Elxsi. Stocks seen short build-up includes Canfinhomes, Jet Airways, ICICIbank, IDBI, Pageind and PcJeweller.

·        Option statistics: Nifty highest Call option OI for April series stands at 11000 strike price. In today’s trading session, Nifty 10200 and 10300 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the April series stands at 10000 strike price. In today’s trading session, Nifty 10000, 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 likely to move towards the level of 10290-10350 level.

·        Stocks in ban for trade on 3-Apr-2018: NIL.

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.