DERIVATIVE HIGHLIGHTS FOR 28-12-2018
·
Nifty futures seen addition of 8 lacs in OI and Bank Nifty futures seen
addition of 1.9 lacs in OI.
·
Nifty OI PCR ratio stands at 1.54
·
Stocks seen long build-up includes Bergerpaint, Siemens, Muthootfinance,
RelInfra, BEML, Manappuram, Suntv, RelCapital, Glenmark, Apollo Tyre, Jublfood,
ONGC and Tata Chem. Stocks seen short build-up includes Ramcocem, Pidilite,
Coalindia, NHPC and Castrol.
·
Option statistics: Nifty highest Call option OI for January series
stands at 11200 strike price. In today’s trading session, Nifty 10900 call
options seen addition in OI with IV increasing indicates buying of option.
Nifty highest Put Option OI for the January series stand at 10500 strike price.
In today’s trading session, Nifty 10800 and 10900 put options seen addition in
OI with IV decreasing indicates writing of option.
·
In today’s trading session, FII were net buyers to the tune of Rs. 632
crores in Index Futures; FIIs added 6249 longs and unwounded 1163 shorts in
Index futures. FII net long exposure in Index futures is at 51.7% vs. 50.5% at
the beginning of the January series. In Index options, FII were net buyers to
the tune of Rs. 2,595 crores; FIIs added 14262 in Index call long, added 28502
in Index put long, unwounded 501 in Index call shorts and added 6124 in Index
put shorts.
·
Looking into the option data, Nifty immediate resistance stands around
the 10882 and a sustain trade above 10882 level will open the upside of 10980
level. On the downside, immediate support stands around the 10760 level and
below that 10600 level.
DERIVATIVE HIGHLIGHTS FOR 27-12-2018
·
The market-wide position in the derivative segment at the beginning of
the January series vis-à-vis December series stands at:
Particulars
|
January
Series
|
December
Series
|
%
Change
|
OVERALL
OI IN NO. OF SHARES (Cr.)
|
499.79
|
500.09
|
-0.06%
|
NIFTY
FUT OI IN NO. OF SHARES (Cr.)
|
2.23
|
1.96
|
13.78%
|
STOCK
FUT OI IN NO. OF SHARES (Cr.)
|
439.14
|
438.92
|
0.05%
|
BANK
NIFTY FUT OI (No. in Mn)
|
1.15
|
1.95
|
-41.03%
|
CALL
OPTION OI IN NO. OF SHARES (Cr.)
|
2.89
|
2.83
|
2.12%
|
PUT
OPTION OI IN NO. OF SHARES (Cr.)
|
4.44
|
4.95
|
-10.30%
|
OI
(Rs. in crores)
|
243712.00
|
251029.00
|
-2.91%
|
NIFTY
CLOSING
|
10779.80
|
10858.70
|
-0.73%
|
·
Overall rollover for the new series stands at 86% vs. 87% in the last
series and in tandem with the 3M Average of 86%. Nifty rollover for the new
series is higher at 74% vs. 71% in the last series and also higher than the 3M
Average of 70%. Bank Nifty rollover is lower at 64% vs. 79% in the last series
and also lower than the 3M Average of 75%.
·
Nifty OI PCR ratio stands at 1.54
·
Option statistics: Nifty highest Call option OI for January series
stands at 11000 strike price. In today’s trading session, Nifty 10600, 10700
and 10800 call options seen addition in OI with IV decreasing indicates writing
of option. Nifty highest Put Option OI for the January series stand at 10500
strike price. In today’s trading session, Nifty 10600 and 10700 put options
seen addition in OI with IV increasing indicates buying of option.
·
Looking into the option data, Nifty immediate resistance stands around
the 10840-10880 level. On the downside immediate support stands around the
10700 level.
DERIVATIVE HIGHLIGHTS FOR 26-12-2018
·
Nifty futures seen addition of 31 lacs in OI and Bank Nifty futures seen
unwinding of 0.1 lacs in OI.
·
Nifty OI PCR ratio increased from 1.26 to 1.39.
·
Stocks seen long build-up for the day includes JSWSteel, Engineersind,
GMRInfra, Jet Airways, HDFCBank, Reliance, Jublfood, Asianpaint, L&TFH,
Manappuram and GAIL. Stocks seen short build-up includes IGL, Cholafinance,
Indusindbank, CESC, Suzlon, Federalbank and Torntpower.
·
Option statistics: Nifty highest Call option OI for December series
stands at 11000 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 December series stand at 10000 strike
price. In today’s trading session, Nifty 10600 and 10700 put options seen
addition in OI with IV increasing indicates buying of option.
·
In today’s trading session, FII were net sellers to the tune of Rs. 755
crores in Index Futures; FIIs added 18811 longs and added 27182 shorts in Index
futures. FII net long exposure in Index futures is at 46.6% vs. 51.4% at the
beginning of the December series. In Index options, FII were net sellers to the
tune of Rs. 85 crores; FIIs unwounded 8847 in Index call long, added 3419 in
Index put long, unwounded 1127 in Index call shorts and unwounded 1365 in Index
put shorts.
·
Overall rollover before E-1 day stands at 67% vs. 66% in the last series
and Nifty rollover before E-1 day stands at 61% vs. 49% in the last series.
Bank Nifty rollover before E-1 day stands at 42% vs. 39% in the last series.
·
Stocks were the rollover before E-1 day is less than 50% includes IDBI,
PFC, Colgate, Gail, Hindpetro, ONGC, Powergrid, Tata Power and IBullhsgfin. One
can expect high volatility in the above stocks on back of lower rollover until
now.
·
As mentioned, Nifty does slide towards the level of 10580, making a low
of 10535, vindicating our view. Looking into the option data, Nifty immediate
resistance stands around the 10800 level. On the downside today’s low of 10535
will act as a crucial support to watch out.
DERIVATIVE HIGHLIGHTS FOR 24-12-2018
·
Nifty futures seen addition of 5 lacs in OI and Bank Nifty futures seen
addition of 0.3 lacs in OI.
·
Nifty OI PCR ratio decreased from 1.28 to 1.26.
·
Stocks seen long build-up for the day includes Engineersind, VGuard,
Tata Global, MFSL, IDFC, Infratel, Siemens, Tata Power, Tata Comm, PFC and
Federalbank. Stocks seen short build-up includes SRF, Pidilite, Jublfood,
Idea, Exideind, Godrejind, Eichermotor, RCom, BOSCH, Auropharma and Relcapital.
·
Option statistics: Nifty highest Call option OI for December series
stands at 11000 strike price. In today’s trading session, Nifty 10600, 10700
and 10800 call options seen addition in OI with IV increasing indicates buying
of option. Nifty highest Put Option OI for the December series stand at 10000
strike price. In today’s trading session, Nifty 10600 and 10700 put options
seen addition in OI with IV decreasing indicates writing of option.
·
In today’s trading session, FII were net buyers to the tune of Rs. 205
crores in Index Futures; FIIs unwounded 2697 longs and unwounded 6374 shorts in
Index futures. FII net long exposure in Index futures is at 47.3% vs. 51.4% at
the beginning of the December series. In Index options, FII were net buyers to
the tune of Rs. 1,688 crores; FIIs unwounded 2259 in Index call long, added
23217 in Index put long, unwounded 6448 in Index call shorts and added 2559 in
Index put shorts.
·
Looking into the option data, Nifty breaks the support of 10700 and is
likely to move towards the level of 10620-10580. On the upside, immediate
resistance stands around the 10865 level.
DERIVATIVE HIGHLIGHTS FOR 20-12-2018
·
Nifty futures seen addition of 4 lacs in OI and Bank Nifty futures seen
addition of 0.2 lacs in OI.
·
Nifty OI PCR ratio remains flat at 1.66.
·
Stocks seen long build-up for the day includes Ujjivan, BEML,
Balkrishna, Torntpharma, Repcohome, Ceat, Southbank, Jublfood, DCBBank and
CESC. Stocks seen short build-up includes Nationalum, Albk, Ramco Cement,
Godfryphilip, Grasim, Cipla and TV18BRDCST.
·
Option statistics: Nifty highest Call option OI for December series
stands at 11000 strike price. In today’s trading session, Nifty 10800 and 10900
call options seen unwinding in OI with IV increasing indicates covering by
writers of option. Nifty highest Put Option OI for the December series stand at
10000 strike price. In today’s trading session, Nifty 10800 and 10900 put
options seen addition in OI with IV decreasing indicates writing of option.
·
In today’s trading session, FII were net buyers to the tune of Rs. 300
crores in Index Futures; FIIs added 4024 longs and added 10 shorts in Index
futures. FII net long exposure in Index futures is at 47.2% vs. 51.4% at the
beginning of the December series. In Index options, FII were net buyers to the
tune of Rs. 2440 crores; FIIs added 3858 in Index call long, unwounded 3993 in
Index put long, unwounded 506 in Index call shorts and unwounded 3549 in Index
put shorts.
·
Looking into the option data, Nifty likely to move towards the level of
11090. On the downside, immediate support stands around the 10880 level and
below that 10760 level.
DERIVATIVE HIGHLIGHTS FOR 19-12-2018
·
Nifty futures seen addition of 6 lacs in OI and Bank Nifty futures seen
addition of 1.3 lacs in OI.
·
Nifty OI PCR ratio increased from 1.59 to 1.66.
·
Stocks seen long build-up for the day includes CESC, MRF, Cholafin,
Balkrishna, MRPL, DCBBank, L&TFh, DLF, Bank India and ALBK. Stocks seen
short build-up includes Chennaipetro, Tata Elxsi, HDFCBank, UBL and
Indusinbank.
·
Option statistics: Nifty highest Call option OI for December series
stands at 11000 strike price. In today’s trading session, Nifty 10800, 10900
and 11000 call options seen addition in OI with IV decreasing indicates profit
booking of option. Nifty highest Put Option OI for the December series stand at
10000 strike price. In today’s trading session, Nifty 10900 and 11000 put
options seen addition in OI with IV increasing indicates buying of option.
·
In today’s trading session, FII were net buyers to the tune of Rs. 502
crores in Index Futures; FIIs added 11220 longs and added 5887 shorts in Index
futures. FII net long exposure in Index futures is at 46.7% vs. 51.4% at the
beginning of the December series. In Index options, FII were net sellers to the
tune of Rs. 357 crores; FIIs added 238 in Index call long, added 790 in Index
put long, added 2843 in Index call shorts and added 2274 in Index put shorts.
·
As mentioned, Nifty does move achieved the target level of 10940,
vindicating our view. Looking into the option data, Nifty likely to move
towards the level of 11090. On the downside, immediate support stands around
the 10850 level and below that 10760 level.
DERIVATIVE HIGHLIGHTS FOR 18-12-2018
·
Nifty futures seen addition of 6 lacs in OI and Bank Nifty futures seen
addition of 0.7 lacs in OI.
·
Nifty OI PCR ratio decreased from 1.61 to 1.59.
·
Stocks seen long build-up for the day includes Bergerpaint, Chennai
Petro, Ujjivan, Apollo Tyre, Bank India, Ceatltd, Indigo, Hindzinc, Bank
Baroda, IndianB, ALBK, PNB, PTC and MCX. Stocks seen short build-up includes
Cummins, CESC, ZEEL, Arvind, Cholafinance, ICICIPrulife, Cadila and Balkrishna.
·
Option statistics: Nifty highest Call option OI for December series
stands at 11000 strike price. In today’s trading session, Nifty 10800 call
options seen addition in OI with IV increasing indicates buying of option.
Nifty highest Put Option OI for the December series stand at 10000 strike
price. In today’s trading session, Nifty 10800 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. 951
crores in Index Futures; FIIs added 1629 longs and added 13846 shorts in Index
futures. FII net long exposure in Index futures is at 45.8% vs. 51.4% at the
beginning of the December series. In Index options, FII were net buyers to the
tune of Rs. 941 crores; FIIs unwounded 651 in Index call long, added 6965 in
Index put long, unwounded 5775 in Index call shorts and added 868 in Index put
shorts.
·
As mentioned, Nifty does move towards the target level of 10940, making
a high of 10915, vindicating our view. Looking into the option data, a sustain
trade above 10940 will open further upside level of 11090. On the downside,
immediate support stands around the 10820 level and below that 10760 level.
DERIVATIVE HIGHLIGHTS FOR 17-12-2018
·
Nifty futures seen addition of 1 lakh in OI and Bank Nifty futures seen
addition of 0.7 lacs in OI.
·
Nifty OI PCR ratio increased from 1.53 to 1.61.
·
Stocks seen long build-up for the day includes BEML, Cummins, BPCL,
Southbank, Jublfood, Sreinfra, MGL, Engineersind, CONCOR and VEDL. Stocks seen
short build-up includes Voltas, Arvind, Castrol, Tata Elxsi, Godrejind, Tata
Global and Kotakbank.
·
Option statistics: Nifty highest Call option OI for December series
stands at 11000 strike price. In today’s trading session, Nifty 10700, 10800
and 10900 call options seen unwinding in OI with IV increasing indicates
covering by writers of option. Nifty highest Put Option OI for the December
series stand at 10000 strike price. In today’s trading session, Nifty 10700,
10800 and 10900 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. 319
crores in Index Futures; FIIs added 1453 longs and added 7599 shorts in Index
futures. FII net long exposure in Index futures is at 47.3% vs. 51.4% at the
beginning of the December series. In Index options, FII were net buyers to the
tune of Rs. 21 crores; FIIs added 413 in Index call long, added 6940 in Index
put long, unwounded 2323 in Index call shorts and added 9900 in Index put
shorts.
·
As mentioned, Nifty does break the resistance of 10840 and is likely to
move towards the level of 10940. On the downside, immediate support stands
around the 10790 level and below that 10630 level.
DERIVATIVE HIGHLIGHTS FOR 14-12-2018
·
Nifty futures seen unwinding of 3 lacs in OI and Bank Nifty futures seen
addition of 0.1 lacs in OI.
·
Nifty OI PCR ratio decreased from 1.06 to 0.88.
·
Stocks seen long build-up for the day includes Relinfra, Canfinhomes,
Canbk, RelCapital, Motherson, Jet Airways, RCom, NIITTech, COLPAL, Orientbank
and India Cement. Stocks seen short build-up includes Arvind, Southbank,
Auropharma, Cholafin, NCC and McDowell.
·
Option statistics: Nifty highest Call option OI for December series
stands at 11000 strike price. In today’s trading session, Nifty 10800 and 10900
call options seen addition in OI with IV decreasing indicates writing of
option. Nifty highest Put Option OI for the December series stand at 10000
strike price. In today’s trading session, Nifty 10700 and 10800 put options
seen addition in OI with IV increasing indicates buying of option.
·
In today’s trading session, FII were net buyers to the tune of Rs. 249
crores in Index Futures; FIIs added 4167 longs and unwounded 117 shorts in
Index futures. FII net long exposure in Index futures is at 48.1% vs. 51.4% at
the beginning of the December series. In Index options, FII were net buyers to
the tune of Rs. 534 crores; FIIs added 3783 in Index call long, added 16498 in
Index put long, added 4073 in Index call shorts and added 4041 in Index put
shorts.
·
Looking into the option, Nifty immediate resistance stands around the
10840 level and a sustain trade above 10840 likely to take Nifty towards the level
of 10940 level. On the downside, immediate support stands around the
10720 level and below that 10600 level.
DERIVATIVE HIGHLIGHTS FOR 13-12-2018
·
Nifty futures seen addition of 2 lacs in OI and Bank Nifty futures seen
unwinding of 1.2 lacs in OI.
·
Nifty OI PCR ratio decreased from 1.28 to 1.06.
·
Stocks seen long build-up for the day includes Pcjeweller, Godrejind,
KSCL, Torntpharma, Wipro, COLPAL, M&MFinance, BEML, Indigo and TechM.
Stocks seen short build-up includes Bergerpaint, CONCOR, Asianpaint, Jet
Airways, RECLTD, Suntv, Mindtree and Relinfra.
·
Option statistics: Nifty highest Call option OI for December series
stands at 11000 strike price. In today’s trading session, Nifty 10700 and 10800
call options seen unwinding in OI with IV decreasing indicates profit booking
of option. Nifty highest Put Option OI for the December series stand at 10000
strike price. In today’s trading session, Nifty 10700, 10800 and 10900 put
options seen addition in OI with IV increasing indicates buying of option.
·
In today’s trading session, FII were net buyers to the tune of Rs. 2396
crores in Index Futures; FIIs added 17372 longs and unwounded 15155 shorts in
Index futures. FII net long exposure in Index futures is at 47.5% vs. 51.4% at
the beginning of the December series. In Index options, FII were net buyers to
the tune of Rs. 3274 crores; FIIs unwounded 10452 in Index call long, added
10329 in Index put long, added 1887 in Index call shorts and unwounded 24438 in
Index put shorts.
·
Looking into the option, Nifty immediate resistance stands around the
10840 level and a sustain trade above 10840 likely to take Nifty towards the
level of 10940 level. On the downside, immediate support stands around
the 10625 level.
DERIVATIVE HIGHLIGHTS FOR 11-12-2018
·
Nifty futures seen unwinding of 3 lacs in OI and Bank Nifty futures seen
addition of 0.9 lacs in OI.
·
Nifty OI PCR ratio increased from 1.30 to 1.33.
·
Stocks seen long build-up for the day includes SRF, COLPAL, Bata India,
Repco Home, Torntpower, ACC, GodrejInd, Bank India, M&MFinance, PcJeweller,
BEML and Infibeam. Stocks seen short build-up includes Cholafinance, Relinfra,
Jet Airways, Mcdowell, Bharat Forge, Tata Steel and Adaniport.
·
Option statistics: Nifty highest Call option OI for December series
stands at 11000 strike price. In today’s trading session, Nifty 10400, 10500
and 10600 call options seen addition in OI with IV decreasing indicates writing
of option. Nifty highest Put Option OI for the December series stand at 10000
strike price. In today’s trading session, Nifty 10500 and 10600 put options
seen unwinding in OI with IV decreasing indicates profit booking of option.
·
In today’s trading session, FII were net sellers to the tune of Rs. 636
crores in Index Futures; FIIs unwounded 3542 longs and added 1974 shorts in
Index futures. FII net long exposure in Index futures is at 44.2% vs. 51.4% at
the beginning of the December series. In Index options, FII were net buyers to
the tune of Rs. 44 crores; FIIs added 20209 in Index call long, added 23687 in
Index put long, added 11028 in Index call shorts and added 31709 in Index put
shorts.
·
Looking into the option, Nifty likely to face stiff resistance around
the level of 10600 and above that 10685 level. On the downside, today’s
low of 10334 will be crucial level to watch out for and below that 10200-10150
level.
DERIVATIVE HIGHLIGHTS FOR 10-12-2018
·
Nifty futures seen unwinding of 3 lacs in OI and Bank Nifty futures seen
unwinding of 3.3 lacs in OI.
·
Nifty OI PCR ratio decreased from 1.47 to 1.30.
·
Stocks seen long build-up for the day includes KSCL, IGL and BPCL.
Stocks seen short build-up includes Jet Airways, MRPL, Godrejind, Adanipower,
BHEL, Torntpower, Adanient, Ajantapharma, VGuard, Relinfra, Kotakbank and
Infibeam.
·
Option statistics: Nifty highest Call option OI for December series
stands at 11000 strike price. In today’s trading session, Nifty 10400, 10500
and 10600 call options seen addition in OI with IV increasing indicates buying
of option. Nifty highest Put Option OI for the December series stand at 10000
strike price. In today’s trading session, Nifty 10400 and 10500 put options
seen addition in OI with IV increasing indicates buying of option.
·
In today’s trading session, FII were net sellers to the tune of Rs. 1012
crores in Index Futures; FIIs unwounded 12294 longs and unwounded 583 shorts in
Index futures. FII Index long exposure is at 45% vs. 51.4% at the beginning of
the December series. In Index options, FII were net buyers to the tune of Rs.
68 crores; FIIs added 2462 in Index call long, unwounded 261 in Index put long,
added 3201 in Index call shorts and unwounded 1496 in Index put shorts.
·
As mentioned in yesterday report, Nifty does slide towards the level of
10470, making a low of 10475, vindicating our view. Looking into the option,
Nifty below the support level of 10470, likely to move towards the level of
10360-10250. On the upside, immediate resistance stands around the 10600 level.
DERIVATIVE HIGHLIGHTS FOR 05-12-2018
·
Nifty futures seen addition of 3 lacs in OI and Bank Nifty futures seen
addition of 0.8 lacs in OI.
·
Nifty OI PCR ratio decreased from 1.70 to 1.63.
·
Stocks seen long build-up for the day includes IGL and RBLBank. Stocks
seen short build-up includes Dishtv, Adanient, DCBBank, Chola Finance, BOSCH,
Sunpharma, Balkrishna, Bharat Forge, Nestle, ONGC, OIL, M&M, RelCapital and
RCom.
·
Option statistics: Nifty highest Call option OI for December series
stands at 11000 strike price. In today’s trading session, Nifty 10800, 10900
and 11000 call options seen addition in OI. Nifty highest Put Option OI for the
December series stand at 10000 strike price. In today’s trading session, Nifty
10800, 10900 and 11000 put options seen unwinding in OI with IV decreasing
indicates profit booking of option.
·
In today’s trading session, FII were net sellers to the tune of Rs. 1165
crores in Index Futures; FIIs added 4111 longs and added 22972 shorts in Index
futures. FII Index long exposure is at 48.8% vs. 51.4% at the beginning of the
December series. In Index options, FII were net sellers to the tune of Rs. 915
crores; FIIs added 8613 in Index call long, unwounded 17483 in Index put long,
added 2343 in Index call shorts and added 4912 in Index put shorts.
·
As mentioned in yesterday report, Nifty does slide towards the level of
10750 below the 10840 support level, vindicating our view. Looking into the
option, Nifty immediate support stands around the 10748 level and trade below
10748 can take Nifty towards the level of 10670-10600 level. On the upside,
immediate resistance stands around the 10860 level and above that 10950 level.
DERIVATIVE HIGHLIGHTS FOR 04-12-2018
·
Nifty futures seen addition of 3 lacs in OI and Bank Nifty futures seen
unwinding of 1 lakh in OI.
·
Nifty OI PCR ratio increased from 1.68 to 1.70.
·
Stocks seen long build-up for the day includes SRF, CESC, RECLTD, OFSS,
NIITTech, BEML, IOC, Engineersind, Coal India and IDBI. Stocks seen short
build-up includes BOSCH, OIL, Dishtv, Jindal Steel, Tata Global, BEL, Grasim,
NTPC, STAR and Mindtree.
·
Option statistics: Nifty highest Call option OI for December series
stands at 11000 strike price. In today’s trading session, Nifty 10800, 10900
and 11000 call options seen addition in OI with IV decreasing indicates writing
of option. Nifty highest Put Option OI for the December series stand at 10000
strike price. In today’s trading session, Nifty 10800 and 10900 put options
seen addition in OI with IV decreasing indicates writing of option.
·
In today’s trading session, FII were net buyers to the tune of Rs. 37
crores in Index Futures; FIIs added 5968 longs and added 7801 shorts in Index
futures. FII Index long exposure is at 51.8% vs. 51.4% at the beginning of the
December series. In Index options, FII were net buyers to the tune of Rs. 747
crores; FIIs added 9635 in Index call long, added 5878 in Index put long,
unwounded 170 in Index call shorts and added 1285 in Index put shorts.
·
Looking into the option, Nifty immediate support stands around the 10840
level and a sustain trade below 10840 can take Nifty towards the level of
10750. On the upside, a move above 10950 will take Nifty towards the level of
11000-11090.
DERIVATIVE HIGHLIGHTS FOR 03-12-2018
·
Nifty futures seen addition of 5 lacs in OI and Bank Nifty futures seen
unwinding of 0.4 lacs in OI.
·
Nifty OI PCR ratio decreased from 1.70 to 1.68.
·
Stocks seen long build-up for the day includes Orientbank, Hindunilever,
Tata Power, KSCL, OIL, PFC, COLPAL, Coal India, NTPC, PVR, Adaniport and BEL.
Stocks seen short build-up includes Sunpharma, IGL, Ashok Leyland, Indigo, BEML,
LICHSGFIN, Arvind, Glenmark and IOC.
·
Option statistics: Nifty highest Call option OI for December series
stands at 11000 strike price. In today’s trading session, Nifty 10900 and 11000
call options seen addition in OI with IV increasing indicates buying of option.
Nifty highest Put Option OI for the December series stand at 10000 strike
price. In today’s trading session, Nifty 10800, 10900 and 11000 put options
seen addition in OI with IV decreasing indicates writing of option.
·
In today’s trading session, FII were net buyers to the tune of Rs. 401
crores in Index Futures; FIIs added 8983 longs and added 4918 shorts in Index
futures. FII Index long exposure is at 52.2% vs. 51.4% at the beginning of the
December series. In Index options, FII were net sellers to the tune of Rs. 1171
crores; FIIs added 2888 in Index call long, unwounded 824 in Index put long,
added 8222 in Index call shorts and added 12665 in Index put shorts.
·
Looking into the option, Nifty immediate support stands around the 10800
level. On the upside, Nifty likely to move towards the level of 10980-11090
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.
