DERIVATIVE DIARY - AUGUST 2018

DERIVATIVE HIGHLIGHTS FOR 31-08-2018

·        Nifty future seen addition of 16 lacs in OI and Bank Nifty future seen unwinding of 0.4 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.58 to 1.55.

·        Stocks seen long build-up includes NIITTech, KPIT, Torntpharma, Mindtree, DCBBank, Ajanta Pharma, Hexaware, KSCL, Biocon, STAR, BEML, Tata Elxsi, PNB and ONGC. Stocks seen short build-up includes Yesbank, Pageind, OFSS, Balkrishna, BEL, Arvind, Idea, Cummins, SRF, MFSL, Reliance and Kajaria.

·        Option statistics: Nifty highest Call option OI for September series stands at 11800 strike price. In today’s trading session, Nifty 11700 and 11800 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the September series stand at 11600 strike price. In today’s trading session, Nifty 11600, 11700 and 11800 put options seen addition in OI with IV decreasing indicates writing of option.

·        In today’s trading session, FII were net sellers to the tune of Rs. 1110 crores in Index Futures; FIIs added 1910 longs and added 14738 shorts in Index futures. FII Index long exposure is at 60% vs. 64% at the beginning of the September series. In Index options, FII were net buyers to the tune of Rs. 1606 crores; FIIs added 15964 in Index call long, added 30318 in Index put long and added 18499 in Index put shorts.

·        Looking into the option data, Nifty immediate support stands around the 11600 level and below that 11530 level. On the upside, immediate resistance stands around the 11760 and a move above 11760 will open the upside level of 11850 level. 

DERIVATIVE HIGHLIGHTS FOR 30-08-2018

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

Particulars	September series	August series	% Change
OVERALL OI IN NO. OF SHARES (Cr.)	563.97	547.30	3.05%
NIFTY FUT OI IN NO. OF SHARES (Cr.)	2.42	2.17	11.52%
STOCK FUT OI IN NO. OF SHARES (Cr.)	490.67	476.10	3.06%
BANK NIFTY FUT OI (No. in Mn)	1.67	2.32	-28.02%
CALL OPTION OI IN NO. OF SHARES (Cr.)	3.33	2.90	14.83%
PUT OPTION OI IN NO. OF SHARES (Cr.)	5.25	5.14	2.14%
OI (Rs. in crores)	305868.00	275574.00	10.99%
NIFTY CLOSING	11676.80	11167.30	4.56%

·        Overall rollover for the new series stands at 89% vs. 90% in the last series and higher than the 3M Average of 86%. Nifty rollover for the new series is on the lower side at 68% vs. 74% in the last series but slightly higher than 3M Average of 67%. Bank Nifty rollover too is on the lower side at 66% vs. 78% in the last series and also lowers than the 3M Average of 75%.

·        Option statistics: Nifty highest Call option OI for September series stands at 11800 strike price. In today’s trading session, Nifty 11700 and 11800 call options seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the September series stand at 11400 strike price. In today’s trading session, Nifty 11600, 11700 and 11800 put options seen addition in OI with IV increasing indicates buying of option.

·        Looking into the option data for the new series, Nifty immediate support stands around the 11600 level and below that 11530 level. On the upside, immediate resistance stands around the 11760 and a move above 11760 will open the upside level of 11850 level. 

DERIVATIVE HIGHLIGHTS FOR 29-08-2018

·        Nifty future OI remains flat at 3.47 crores and Bank Nifty future seen addition of 21 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.94 to 1.79.

·        Stocks seen long build-up includes OFSS, Bergerpaint, UPL, ITC, HCC, Suzlon, RCom and SBIN. Stocks seen short build-up includes Infratel, Indigo, Mindtree, VEDL, Indusindbank, Jet Airways, Powergrid, NTPC and ZEEL.

·        Option statistics: Nifty highest Call option OI for August series stands at 11800 strike price. In today’s trading session, Nifty 11700 and 11800 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11600, 11700 and 11800 put options seen unwinding in OI with IV decreasing indicates profit booking of option.

·        Overall Rollover before E-1 day stands at 68% vs. 69% in the last series. Nifty rollover before E-1 day stands at 53% vs. 51% in the last series.

·        Looking into the option data, Nifty immediate support stands around the 11650 level and below that 11550 level. On the upside, a move above 11760 will open the upside level of 11850 level.

·        In today’s trading session, FII were net sellers to the tune of Rs. 996 crores in Index Futures; FIIs unwounded 1627 longs and added 9750 shorts in Index futures. FII Index long exposure is at 50.8% vs. 58% at the beginning of the series. In Index options, FII were net sellers to the tune of Rs. 695 crores; FIIs unwounded 9577 in Index call long and added 10098 in Index put shorts.

DERIVATIVE HIGHLIGHTS FOR 28-08-2018

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

·        Nifty OI PCR ratio increased from 1.85 to 1.94.

·        Stocks seen long build-up includes Equitas, Raymond, SAIL, OFSS, Ajanta Pharma, Adanipower, Voltas, Bata India and Bergerpaint. Stocks seen short build-up includes IDBI, Apollo Tyre, GAIL, Yesbank, Tata Power, Titan, Granules, Cipla, Dishtv, Amaraja, Idea, Repco Home and MRF.

·        Option statistics: Nifty highest Call option OI for August series stands at 11800 strike price. In today’s trading session, Nifty 11600 and 11700 call options seen unwinding in OI with IV increasing indicates covering by writers of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11700 and 11800 put options seen addition in OI with IV increasing indicates buying of option.

·        Overall Rollover before E-2 days stands at 49% vs. 51% in the last series. Nifty rollover before E-2 days stands at 37% vs. 36% in the last series.

·        Looking into the option data, Nifty likely to move towards the level of 11780-11800 level. On the downside, immediate support stands around the 11620 level.

·        In today’s trading session, FII were net buyers to the tune of Rs. 284 crores in Index Futures; FIIs unwounded 4898 longs and unwounded 6995 shorts in Index futures. FII Index long exposure is at 52.4% vs. 58% at the beginning of the series. In Index options, FII were net sellers to the tune of Rs. 513 crores; FIIs unwounded 9824 in Index call long and added 9629 in Index put shorts.

DERIVATIVE HIGHLIGHTS FOR 27-08-2018

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

·        Nifty OI PCR ratio increased from 1.63 to 1.85.

·        Stocks seen long build-up includes Torntpharma, Orientbank, Torntpower, Tata Power, DCBbank, RECLtd, Pidilite Ind, Havells, CGPower, IFCI, Voltas and PFC. Stocks seen short build-up includes LICHsgfin, Repco Home, Ramco Cement, UBL, Engineersind and Federal Bank.

·        Option statistics: Nifty highest Call option OI for August series stands at 11700 strike price. In today’s trading session, Nifty 11500, 11600 and 11700 call options seen unwinding in OI with IV increasing indicates covering by writers of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11600 and 11700 put options seen addition in OI with IV decreasing indicates writing of option.

·        Overall Rollover before E-3 days stands at 33% vs. 32% in the last series. Nifty rollover before E-3 days stands at 23% vs. 21% in the last series.

·        As mentioned, Nifty does move towards the level of 11700, vindicating our view. Looking into the option data, Nifty immediate support stands around the 11580 level. On the upside, a move above 11700 likely to take Nifty towards the level of 11780.

·        In today’s trading session, FII were net buyers to the tune of Rs. 657 crores in Index Futures; FIIs added 9069 longs and unwounded 210 shorts in Index futures. FII Index long exposure is at 52% vs. 58% at the beginning of the series. In Index options, FII were net sellers to the tune of Rs. 528 crores; FIIs unwounded 4424 in Index call long and added 9803 in Index put shorts.

DERIVATIVE HIGHLIGHTS FOR 24-08-2018

·        Nifty future OI remains flat at 3.45 crores and Bank Nifty future seen addition of 0.5 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.73 to 1.63.

·        Stocks seen long build-up includes Torntpharma, Apollo Hospital, BHEL, PEL, Balramchini, PNB and Voltas. Stocks seen short build-up includes Hexaware, Adanipower, Titan, IFCI, Suntv, Unionbank, Mindtree, GMRInfra, CGPower, Yesbank, RelCapital and Syndicate Bank.

·        Option statistics: Nifty highest Call option OI for August series stands at 11600 strike price. In today’s trading session, Nifty 11600 call options seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the August series stand at 11500 strike price. In today’s trading session, Nifty 11400, 11500 and 11600 put options seen unwinding in OI with IV decreasing indicates profit booking of option.

·        Looking into the option data, Nifty immediate support stands around the 11500 level. On the upside, a move above this week high of 11620 likely to take Nifty towards the level of 11700. On the downside, a sustain trade below 11500 can take Nifty towards the level of 11400.

·        In today’s trading session, FII were net sellers to the tune of Rs. 47 crores in Index Futures; FIIs added 462 longs and added 1761 shorts in Index futures. FII Index long exposure is at 51% vs. 58% at the beginning of the series. In Index options, FII were net sellers to the tune of Rs. 3 crores; FIIs unwounded 315 in Index call long and covered 230 in Index put shorts.

DERIVATIVE HIGHLIGHTS FOR 23-08-2018

·        Nifty future seen addition of 12 lacs in OI and Bank Nifty future seen unwinding of 3.1 lacs in OI.

·        Nifty OI PCR ratio increased from 1.70 to 1.73.

·        Stocks seen long build-up includes Bata India, OFSS, Exideind, UBL, Marico, Amaraja, PNB, TechM, DLF, MRPL and Dabur. Stocks seen short build-up includes ALBK, BPCL, Tata Global, MGL, ICICIPrulife, SRF, Jet Airways, SAIL, IndianB, IDFC, M&MFin, IOC and TV18BRDCST.

·        Option statistics: Nifty highest Call option OI for August series stands at 11600 strike price. In today’s trading session, Nifty 11600 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the August series stand at 11500 strike price. In today’s trading session, Nifty 11500 and 11600 put options seen addition in OI with IV increasing indicates buying of option.

·        As mentioned, Nifty does achieved the upside target of 11620, vindicating our view. Looking into the option data, Nifty immediate support stands around the 11510 level. On the upside, a move above today’s high of 11620 likely to take Nifty towards the level of 11700.

·        In today’s trading session, FII were net buyers to the tune of Rs. 358 crores in Index Futures; FIIs added 7047 longs and added 5397 shorts in Index futures. FII Index long exposure is at 51% vs. 58% at the beginning of the series. In Index options, FII were net buyers to the tune of Rs. 947 crores; FIIs unwounded 14829 in Index call long and covered 5067 in Index put shorts.

DERIVATIVE HIGHLIGHTS FOR 21-08-2018

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

·        Nifty OI PCR ratio decreased from 1.73 to 1.70.

·        Stocks seen long build-up includes NIITTech, Siemens, FederalBank, COLPAL, Coal India, Ajanta Pharma, CGPower, KTKBank, DalmiaBharat, KPIT, Nestleind and Tata Elxsi. Stocks seen short build-up includes BPCL, MGL, Jet Airways, Kotakbank, ICICIPrulife, SRF, OFSS and Balkrishna.

·        Option statistics: Nifty highest Call option OI for August series stands at 11600 strike price. In today’s trading session, Nifty 11400 and 11500 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the August series stand at 11400 strike price. In today’s trading session, Nifty 11500 and 11600 put options seen addition in OI with IV increasing indicates buying of option.

·        As mentioned, Nifty does move towards the level of 11570, vindicating our view. Looking into the option data, Nifty likely to move towards the level of 11620. On the downside, immediate support stands around the 11480 level.

·        In today’s trading session, FII were net sellers to the tune of Rs. 368 crores in Index Futures; FIIs added 303 longs and added 4824 shorts in Index futures. FII Index long exposure is at 50.8% vs. 58% at the beginning of the series. In Index options, FII were net buyers to the tune of Rs. 364 crores; FIIs unwounded 2515 in Index call long and covered 3705 in Index put shorts.

DERIVATIVE HIGHLIGHTS FOR 20-08-2018

·        Nifty future seen addition of 8 lacs in OI and Bank Nifty future seen addition of 0.2 lacs in OI.

·        Nifty OI PCR ratio increased from 1.66 to 1.73.

·        Stocks seen long build-up includes Divislab, Amaraja, RBLBank, Justdial, TVSMotor, OFSS, Nationalum, MGL, L&TFH, Pidilite, PVR, RelCapital and GodrejCP. Stocks seen short build-up includes Federalbank, ICICIPrulife, KPIT, Manappuram, Balkrishna, Apollo Tyre, Southbank and Tata Chem.

·        Option statistics: Nifty highest Call option OI for August series stands at 11600 strike price. In today’s trading session, Nifty 11400, 11500 and 11600 call options seen unwinding in OI with IV increasing indicates covering by writers of option. Nifty highest Put Option OI for the August series stand at 11400 strike price. In today’s trading session, Nifty 11400, 11500 and 11600 put options seen addition in OI with IV decreasing indicates writing of option.

·        As mentioned, Nifty does cross the resistance of 11500 and is likely to move towards the level of 11570-11620. On the downside, immediate support stands around the 11440 level.

·        In today’s trading session, FII were net sellers to the tune of Rs. 118 crores in Index Futures; FIIs added 2592 longs and added 3721 shorts in Index futures. FII Index long exposure is at 51.5% vs. 58% at the beginning of the series. In Index options, FII were net sellers to the tune of Rs. 393 crores; FIIs added 5707 in Index call long and 13609 in Index put shorts.

DERIVATIVE HIGHLIGHTS FOR 17-08-2018

·        Nifty future seen addition of 12 lacs in OI and Bank Nifty future seen addition of 0.8 lacs in OI.

·        Nifty OI PCR ratio increased from 1.60 to 1.66.

·        Stocks seen long build-up includes OFSS, Apollo Hospital, Tata Chem, Tata Mtrdvr, IndianB, IFCI, Torntpharma, Granules, Grasim, PNB, Raymond, Nationalum, IndiaCement and RPower. Stocks seen short build-up includes Repco Home, NBCC, IGL, FederalBank, Manappuram, PEL and Torntpower.

·        Option statistics: Nifty highest Call option OI for August series stands at 11500 strike price. In today’s trading session, Nifty 11300, 11400 and 11500 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11300, 11400 and 11500 put options seen addition in OI with IV decreasing indicates writing of option.

·        Looking into the option data, Nifty has immediate resistance at 11500 being the highest Call Option OI for the series and a sustain above 11500 will open the upside level of 11570-11620. On the downside, immediate support stands around the 11340 and a move below 11340 likely to take Nifty towards the level of 11230.

·        In today’s trading session, FII were net sellers to the tune of Rs. 695 crores in Index Futures; FIIs added 4185 longs and added 11484 shorts in Index futures. FII Index long exposure is at 52% vs. 58% at the beginning of the series. In Index options, FII were net buyers to the tune of Rs. 1,914 crores; FIIs added 22650 in Index call long and 3686 in Index put long.

DERIVATIVE HIGHLIGHTS FOR 16-08-2018

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

·        Nifty OI PCR ratio decreased from 1.70 to 1.60.

·        Stocks seen long build-up includes Balkrsihna, UBL, OFSS, DLF, Bergerpant, Bajfinance, VGuard, Dishtv and KPIT. Stocks seen short build-up includes ICICIPrulife, PEL, IGL, Kotakbank, JISLJAL, Infibeam, Nationalum, Manappuram, SAIL, Tata Mtrdvr, Torntpharma, M&MFinance, Repcohome, REC, HDFC and IOC.

·        Option statistics: Nifty highest Call option OI for August series stands at 11500 strike price. In today’s trading session, Nifty 11400 and 11500 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11300, 11400 and 11500 put options seen unwinding in OI with IV increasing indicates covering by writers of option.

·        Looking into the option data, Nifty has immediate resistance at 11500 being the highest Call Option OI for the series and a sustain above 11500 will open the upside level of 11570. On the downside, immediate support stands around the 11340 and a move below 11340 likely to take Nifty towards the level of 11230. 

DERIVATIVE HIGHLIGHTS FOR 14-08-2018

·        Nifty future seen addition of 5 lacs in OI and Bank Nifty future seen unwinding of 0.1 lacs in OI.

·        Nifty OI PCR ratio increased from 1.66 to 1.70.

·        Stocks seen long build-up includes Balkrsihna, OFSS, Pageind, Sunpharma, Vguard, Repco Home, Ceat, NCC, Axisbank, SRF, Ambuja Cement, Balramchini and IBullhsgfin. Stocks seen short build-up includes ALBK, Cadila, Srtransfin, ICICIPru, Engineersind, Syndicatebank, UPL and Manapuram.

·        Option statistics: Nifty highest Call option OI for August series stands at 11500 strike price. In today’s trading session, Nifty 11300 and 11500 call options seen unwinding in OI with IV increasing indicates covering by writers of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11300, 11400 and 11500 put options seen addition in OI with IV decreasing indicates writing of option.

·        Looking into the option data, Nifty has immediate resistance at 11500 being the highest Call Option OI for the series and a sustain above 11500 will open the upside level of 11570. On the downside, immediate support stands around the 11340 and a move below 11340 likely to take Nifty towards the level of 11230.

·        In today’s trading session, FII were net sellers to the tune of Rs. 710 crores in Index Futures; FIIs unwounded 964 longs and added 6667 shorts in Index futures. FII Index long exposure is at 54%. In Index options, FII were net buyers to the tune of Rs. 1134 crores; FIIs added 4213 in Index call long and 10518 in Index put long.

·        Stocks in ban for trade on 16-AUG-2018: ADANIENT, ADANIPOWER, JETAIRWAYS AND PNB.

DERIVATIVE HIGHLIGHTS FOR 13-08-2018

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

·        Nifty OI PCR ratio decreased from 1.75 to 1.66.

·        Stocks seen long build-up includes Apollo Hospital, Pageind, NIITTech, RCom, Hexaware, OFSS, Grasim, PcJeweller, Justdial, Havells and DHFL. Stocks seen short build-up includes Suntv, Canbk, IndiaCem, Srtransfin, Repco Home, NBCC, IGL, Ambuja Cement, Bank India and Syndibank.

·        Option statistics: Nifty highest Call option OI for August series stands at 11500 strike price. In today’s trading session, Nifty 11300, 11400 and 11500 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11300, 11400 and 11500 put options seen unwinding in OI with IV decreasing indicates profit booking of option.

·        Looking into the option data, a move below today’s low of 11340 likely to take Nifty towards the level of 11230. On the upside, immediate resistance stands around the 11420 level and above that 11500 level.

·        In today’s trading session, FII were net sellers to the tune of Rs. 722 crores in Index Futures; FIIs unwounded 3096 longs and added 5863 shorts in Index futures. FII Index long exposure is at 55%. In Index options, FII were net sellers to the tune of Rs. 404 crores; FIIs added 7238 in Index call long and 11831 in Index put long.

·        Stocks in ban for trade on 14-AUG-2018: ADANIENT, ADANIPOWER, JETAIRWAYS AND PNB.

DERIVATIVE HIGHLIGHTS FOR 10-08-2018

·        Nifty future seen addition of 2 lacs in OI and Bank Nifty future seen unwinding of 0.3 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.80 to 1.75.

·        Stocks seen long build-up includes Bergerpaint, PVR, Chennai Petro, Balkrishna, Voltas, Eicher Motor, NIITTech, Exideind and BPCL. Stocks seen short build-up includes Jet Airways, KPIT, GAIL, Ujjivan, MRF, Apollo Hospital, Manappuram, Jindal Steel, LT, Coal India, Suntv, IGL and Grasim.

·        Option statistics: Nifty highest Call option OI for August series stands at 11500 strike price. In today’s trading session, Nifty 11400 and 11500 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11300, 11400 and 11500 put options seen unwinding in OI with IV decreasing indicates profit booking of option.

·        Looking into the option data, Nifty immediate support stands around the 11360 and below that 11235 level. On the upside, a move above 11500 will take Nifty towards the level of 11570.

·        In today’s trading session, FII were net sellers to the tune of Rs. 223 crores in Index Futures; FIIs unwounded 2110 longs and added 1123 shorts in Index futures. FII Index long exposure is at 56.5%. In Index options, FII were net buyers to the tune of Rs. 179 crores; FIIs added 3458 in Index call long and 1369 in Index put short.

·        Stocks in ban for trade on 13-AUG-2018: ADANIENT, ADANIPOWER, JETAIRWAYS AND PNB.

DERIVATIVE HIGHLIGHTS FOR 09-08-2018

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

·        Nifty OI PCR ratio increased from 1.77 to 1.80.

·        Stocks seen long build-up includes PcJeweller, ACC, Pageind, STAR, Axisbank, HCC, Balramchini, GMRInfra and CoalIndia. Stocks seen short build-up includes Cummins, Engineersind, KPIT, HindPetro, Maruti, Bharat Forge, Apollo Tyre, MRF, Ujjivan, Kotakbank, RBLBank and HDFCBank.

·        Option statistics: Nifty highest Call option OI for August series stands at 11500 strike price. In today’s trading session, Nifty 11500, 11600 and 11700 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11300, 11400 and 11500 put options seen addition in OI with IV increasing indicates buying of option.

·        As mentioned, Nifty does move towards the level of 11500, making a high of 11495. Looking into the option data, Nifty likely to move of 11550 level. On the downside, immediate support stands around the 11400 level and below that 11300 level.

·        In today’s trading session, FII were net sellers to the tune of Rs. 282 crores in Index Futures; FIIs added 1222 longs and added 4341 shorts in Index futures. FII Index long exposure is at 57%. In Index options, FII were net buyers to the tune of Rs. 5592 crores; FIIs added 5111 in Index call long and cover shorts in Index put by 14770.

·        Stocks in ban for trade on 10-AUG-2018: ADANIENT, ADANIPOWER AND PNB.

DERIVATIVE HIGHLIGHTS FOR 08-08-2018

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

·        Nifty OI PCR ratio increased from 1.68 to 1.77.

·        Stocks seen long build-up includes Voltas, RCom, STAR, NIITTech, Ajanta Pharma, KTKBank, Relinfra, GodrejCP, Balkrishna, Adaniport, Suntv and Tata Elxsi. Stocks seen short build-up includes Divislab, Lupin, Arvind, NMDC, BPCL, IndianB, MRF, L&TFH, Maruti and Godrej Ind.

·        Option statistics: Nifty highest Call option OI for August series stands at 11500 strike price. In today’s trading session, Nifty 11400 and 11500 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11300, 11400 and 11500 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 11500-11550 level. On the downside, immediate support stands around the 11370 level and below that 11280 level.

·        In today’s trading session, FII were net buyers to the tune of Rs. 659 crores in Index Futures; FIIs added 9384 longs and added 2296 shorts in Index futures. FII Index long exposure is at 58%. In Index options, FII were net sellers to the tune of Rs. 632 crores; FIIs added 4683 in Index call long and 5899 in Index put shorts.

·        Stocks in ban for trade on 9-AUG-2018: ADANIENT, ADANIPOWER, JETAIRWAYS AND PNB.

DERIVATIVE HIGHLIGHTS FOR 07-08-2018

·        Nifty future seen addition of 4 lacs in OI and Bank Nifty future seen addition of 0.8 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.70 to 1.68.

·        Stocks seen long build-up includes PTC, Torntpharma, NMDC, COLPAL, Bergerpaint, SRF, Bata India, LICHSGFIN and Havells. Stocks seen short build-up includes Arvind, Adaniport, VGuard, ONGC, MFSL, Tata Chem, Cipla, IndianB, Motherson, Britannia, Andhrabank and Divislab.

·        Option statistics: Nifty highest Call option OI for August series stands at 11500 strike price. In today’s trading session, Nifty 11400 and 11500 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11300, 11400 and 11500 put options seen addition in OI with IV decreasing indicates writing of option.

·        Looking into the option data, immediate support stands around the 11340 level and below that 11235 level. On the upside, a move above 11430 level will open the upside level of 11500-11550.

·        In today’s trading session, FII were net buyers to the tune of Rs. 131 crores in Index Futures; FIIs added 3741 longs and added 1640 shorts in Index futures. FII long exposure is at 57% vs. 58% at the series start. In Index options FII were heavy sellers to the tune of Rs. 1,672 crores; FIIs added 16,051 in Index put shorts.

·        Stocks in ban for trade on 8-AUG-2018: ADANIENT, ADANIPOWER, JETAIRWAYS AND PNB.

DERIVATIVE HIGHLIGHTS FOR 06-08-2018

·        Nifty future seen addition of 1 lakh in OI and Bank Nifty future seen addition of 3 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.73 to 1.70.

·        Stocks seen long build-up includes Balramchini, Godrejind, PTC, SRF, Motherson, IndianB, HindZinc, RelCapital and KTKBank. Stocks seen short build-up includes Apollo Tyre, Torntpower, Syndicate Bank, Cipla, Bergerpaint, Britannia, Adaniport, Cummins, Tata Elxsi and MRF.

·        Option statistics: Nifty highest Call option OI for August series stands at 11500 strike price. In today’s trading session, Nifty 11500 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11200, 11300, 11400 and 11500 put options seen addition in OI with IV increasing indicates buying of option.

·        Looking into the option data, Nifty does cross the resistance of 11390 and is likely to move towards the level of 11500. On the downside, immediate support stands around the 11330 level and below that 11235 level.

·        Stocks in ban for trade on 7-AUG-2018: ADANIPOWER & JETAIRWAYS.

DERIVATIVE HIGHLIGHTS FOR 03-08-2018

·        Nifty future seen addition of 9 lacs in OI and Bank Nifty future seen addition of 3.2 lacs in OI.

·        Nifty OI PCR ratio increased from 1.65 to 1.73.

·        Stocks seen long build-up includes Torntpharma, NIITTech, PVR, Arvind, OFSS, Canbk, Nationalum, PcJeweller, PNB, Voltas, RCom and IndianB. Stocks seen short build-up includes Nestleind, Britannia, OIL, Indusindbank, Balramchini, Jet Airways, IGL and Asian Paint.

·        Option statistics: Nifty highest Call option OI for August series stands at 11500 strike price. In today’s trading session, Nifty 11300 and 11400 call options seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11200, 11300 and 11400 put options seen addition in OI with IV decreasing indicates writing of option.

·        Looking into the option data, Nifty immediate resistance stands around the 11390 level and a sustain trade above 11390 will open the upside of 11500. On the downside, immediate support stands around the 11235 level and below that 11100 level.

·        Stocks in ban for trade on 6-AUG-2018: ADANIPOWER & JETAIRWAYS.

DERIVATIVE HIGHLIGHTS FOR 02-08-2018

·        Nifty future seen addition of 5 lacs in OI and Bank Nifty future seen unwinding of 3.1 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.72 to 1.65.

·        Stocks seen long build-up includes PTC, OFSS, Suntv, Muthootfinance, RCom, IndianB, IOC, Divislab, RelInfra and Balramchin. Stocks seen short build-up includes Marico, Cadila, Torntpower, Castrol, UBL, PNB, Arvind, DCBbank, Eichermotor, Cummins, Britannia, Tata Elxsi, ONGC and LT.

·        Option statistics: Nifty highest Call option OI for August series stands at 11500 strike price. In today’s trading session, Nifty 11300 and 11400 call options seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11300 and 11400 put options seen unwinding in OI with IV increasing indicates covering by writers of option.

·        As mentioned, Nifty does break the immediate support of 11270 and is likely to move towards the level of 11180 supports. On the upside, immediate resistance stands around the 11300 and above that 11390 level. 

·        Stocks in ban for trade on 3-AUG-2018: ADANIPOWER.

DERIVATIVE HIGHLIGHTS FOR 01-08-2018

·        Nifty future seen addition of 9 lacs in OI and Bank Nifty future seen unwinding of 2.7 lacs in OI.

·        Nifty OI PCR ratio decreased from 1.73 to 1.72.

·        Stocks seen long build-up includes KPIT, Marico, UBL, NIITTech, Bata India, IOC, RCom, Coal India, PNB, IDBI and Tata Comm. Stocks seen short build-up includes Tata Global, VGuard, Castrol, Muthootfinance, Relinfra, Exideind, Eicher Motor and Apollo Tyre.

·        Option statistics: Nifty highest Call option OI for August series stands at 11500 strike price. In today’s trading session, Nifty 11400 call options seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the August series stand at 11000 strike price. In today’s trading session, Nifty 11200, 11300 and 11400 put options seen addition in OI with IV decreasing indicates writing of option.

·        As mentioned, Nifty does move towards the target level of 11400, making a high of 11390, vindicating our view. Looking into the option data, Nifty immediate support stands around the 11270 level and below that 11160 level. On the upside, a sustain trade above 11400 will open the upside level of 11500.

·        Stocks in ban for trade on 2-AUG-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.