DERIVATIVE DIARY - NOVEMBER 2016

DERIVATIVE HIGHLIGHTS FOR 24-11-2016:

• The market-wide position in the derivative segment at the beginning of the December series vis-à-vis November series stands at:

Particulars	December Series	November Series	% Change
OVERALL OI IN NO. OF SHARES (Cr.)	320.03	355.64	-10.01%
NIFTY FUT OI IN NO. OF SHARES (Cr.)	1.59	1.88	-15.43%
STOCK FUT OI IN NO. OF SHARES (Cr.)	276.50	308.22	-10.29%
BANK NIFTY FUT OI (No. in Mn)	2.12	1.60	32.50%
CALL OPTION OI IN NO. OF SHARES (Cr.)	5.27	4.95	6.46%
PUT OPTION OI IN NO. OF SHARES (Cr.)	5.10	4.78	6.69%
OI (Rs. in crores)	177029.00	198649.00	-10.88%
NIFTY CLOSING	7965.50	8615.25	-7.54%

• Overall rollover for the new series stands at 83% vs. 83% in the last series and slightly lower than the 3M Average of 82%. Nifty rollover for the new series stands at 63% vs. 70% and also lowers than the 3M Average of 73%. Bank Nifty rollover for the new series stands at 61% vs. 67% and also lowers than the 3M Average of 68%.
• Nifty OI PCR ratio stands at 0.97.
• Option statistics: Nifty highest Call option OI for December series stands at 8000 strike price. In today’s trading session, Nifty 7900, 8000 and 8100 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the December series stands at 8000 strike price. In today’s trading session, Nifty 7900, 8000 and 8100 put option seen addition in OI with IV increasing indicates writing of option.
• Looking into the option data, Nifty has support around the 7890-7900 level and a breach of 7890 on closing basis likely to open further downside level of 7640 level in coming weeks. On the upside, a sustain move above 8050 will open the upside level of 8100-8144 level.
• Stocks in ban for trade on 25-Nov-2016: NIL.

DERIVATIVE HIGHLIGHTS FOR 23-11-2016:

• Nifty future OI seen addition of 1 lakh in OI and Bank Nifty future OI seen unwinding of 1.3 lacs in OI.
• Nifty OI PCR ratio increased from 0.71 to 0.73.
• Stocks seen long build-up includes Ultracement, NHPC, Hindalco, South Bank, NTPC, VEDL, LT, Adaniport, Tata Elxsi, IDFC, HDIL and Tata Mtrdvr. Stocks seen long build-up includes Siemens, Bharti Airtel, CESC, Cummins, CONCOR, Power Grid, Bata India and M&M.
• Option statistics: Nifty highest Call option OI for November series stands at 8200 strike price. In today’s trading session, Nifty 8050 and 8100 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 8000 strike price. In today’s trading session, Nifty 8000 and 8050 put option seen addition in OI with IV increasing indicates buying of option.
• Looking into the option data, Nifty has support around the 7890-7900 level and a breach of 7890 on closing basis likely to open further downside level of 7640 level in coming weeks. On the upside, a sustain move above 8050 will open the upside level of 8100-8144 level.
• Overall Rollover before E-1 day stands at 57% vs. 59% in the last series. Nifty rollover too is on the lower side before E-1 day stands at 44% vs. 51% in the last series. Bank Nifty rollover too is on the lower side before E-1 day stands at 33% vs. 47% in the previous series.
• Stocks were rollover before E-1 day is less than 50% includes Arvind, Tata Motors, ALBK, Andhrabank, Canbank, ICICIBank, IFCI, Kotak Bank, PFC, SRTRANSFIN, Yesbank, Adaniport, BHEL, Voltas, Mcleod, ZEEL, Petronet, Auropharma, Biocon, Divislab, Wockpharma, Adanipower, JSWEnergy, NHPC, Relinfra, Tata Power, TechM, Adanient, Apollo Tyre and UBL. One can expect some high volatility in the above stocks on back of lower rollover.
• Stocks in ban for trade on 24-Nov-2016: IBREALEST.

DERIVATIVE HIGHLIGHTS FOR 22-11-2016:

• Nifty future OI seen addition of 4 lacs in OI and Bank Nifty future OI seen addition of 1.6 lacs in OI.
• Nifty OI PCR ratio increased from 0.69 to 0.71.
• Stocks seen long build-up includes VEDL, OIL, GMRINFRA, Engineersind, Ultracement, Godrejind, STAR, IDFC, PcJeweller, India Cement, MRF, IBRealest, Apollo Tyre, Motherson, Bhartiartl, NMDC and Hindalco. Stocks seen long build-up includes CESC, Drreddy, Southbank, Jet Airways, BHEL, NHPC, IRB and GAIL.
• Option statistics: Nifty highest Call option OI for November series stands at 8500 strike price. In today’s trading session, Nifty 8000 and 8100 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 8000 strike price. In today’s trading session, Nifty 7900 and 8000 put option seen addition in OI with IV increasing indicates buying of option.
• Looking into the option data, Nifty has support around the 7890-7900 level and a breach of 7890 on closing basis likely to open further downside level of 7640 level in coming weeks. On the upside, immediate resistance lies around the 8000 level and above that 8080-8140 level.
• Overall Rollover before E-2 days stands at 37% vs. 41% in the last series. Nifty rollover too is on the lower side before E-2 days stands at 33% vs. 40% in the last series. Bank Nifty rollover too is on the lower side before E-2 days at 22% vs. 32% in the previous series. 

DERIVATIVE HIGHLIGHTS FOR 21-11-2016:

• Nifty future OI seen addition of 20 lacs in OI and Bank Nifty future OI seen addition of 1.8 lacs in OI.
• Nifty OI PCR ratio declined from 0.74 to 0.69.
• Stocks seen long build-up includes Titan, TCS and TechM. Stocks seen long build-up includes Apollo Hospital, Amaraja, Infy, Pageind, Andhrabank, Power Grid, NHPC, NMDC, GAIL, BHEL, IBReal Estate, Orientbank, JPAssociate, BOSCH, STAR, Motherson, Crompton and Hexaware.
• Option statistics: Nifty highest Call option OI for November series stands at 8500 strike price. In today’s trading session, Nifty 7900, 8000 and 8100 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the November series stands at 8000 strike price. In today’s trading session, Nifty 8000 put option seen unwinding in OI with IV decreasing indicates profit booking of option.
• As mentioned in the yesterday report, Nifty does slide towards the level of 7927, once 8000 level was broken out, vindicating our view. Looking into the option data, Nifty has support around the 7890-7900 level and a breach of 7890 on closing basis likely to open further downside level of 7640 level in coming weeks. On the upside, immediate resistance lies around the 8000 level and above that 8080-8140 level.
• Stocks in ban for trade on 22-Nov-16: CENTURYTEX.

DERIVATIVE HIGHLIGHTS FOR 18-11-2016:

• Nifty future OI seen unwinding of 8 lacs in OI and Bank Nifty future OI seen addition of 1.7 lacs in OI.
• Nifty OI PCR ratio remains flat at 0.74.
• Stocks seen long build-up include Ultratech Cement, Petronet, Amaraja, Syndicate bank, Canbk, Hindpetro, Cummins and Unionbank. Stocks seen long build-up includes SRF, SBIN, SAIL, Bata India, Pceweller, Federal Bank, Century Tex and Titan.
• Option statistics: Nifty highest Call option OI for November series stands at 8500 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 8000 strike price. In today’s trading session, Nifty 8200 put option seen unwinding in OI with IV decreasing indicates profit booking of option.
• Looking into the option data, Nifty likely to trade with some amid volatility in the broader range of 8400-8000 level. On the downside the crucial support lies around the 8000 level. A break below 8000 level will open the downside level of 7927-7890 level. On the upside, immediate resistance lies around the 8250 level and above that 8330 level.
• Stocks in ban for trade on 21-Nov-16: CENTURYTEX.

DERIVATIVE HIGHLIGHTS FOR 17-11-2016:

• Nifty future OI remain flat at 2.11 crores and Bank Nifty future OI seen addition of 0.1 lacs in OI.
• Nifty OI PCR ratio decreased from 0.76 to 0.74.
• Stocks seen long build-up include TVS Motor, PcJeweller, Power Grid, Bank Baroda, Apollo Tyre, Biocon, Canbank, VEDL, Cairn and NHPC. Stocks seen long build-up includes Ambuja Cement, Ultracement, SRF, ACC, Coal India, Page Ind, PNB, India Cement, Petronet and BEML.
• Option statistics: Nifty highest Call option OI for November series stands at 8500 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 8000 strike price. In today’s trading session, Nifty 8200 and 8300 put option seen unwinding in OI with IV decreasing indicates profit booking of option.
• Looking into the option data, Nifty likely to trade with some amid volatility in the broader range of 8400-8000 level. On the downside the crucial support lies around the 8000 level. A break below 8000 level will open the downside level of 7927-7890 level. On the upside, immediate resistance lies around the 8250 level and above that 8330 level.
• Stocks in ban for trade on 18-Nov-16: DLF.

DERIVATIVE HIGHLIGHTS FOR 16-11-2016:

• Nifty future OI seen unwinding of 6 lacs in OI and Bank Nifty future OI seen addition of 1.9 lacs in OI.
• Nifty OI PCR ratio increased from 0.73 to 0.76.
• Stocks seen long build-up include SAIL, Cadila, TVSMotor, Century, Pageind, Bajaj Auto and GodrejCP. Stocks seen long build-up includes Ambuja Cement, PcJeweller, Apollo Tyre, Jindal Steel, Infratel, SRF, DLF, ITC, Titan, Kotakbank, India Cement, KTKBank and PNB.
• Option statistics: Nifty highest Call option OI for November series stands at 8700 strike price. In today’s trading session, Nifty 8100 and 8200 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 8000 strike price. In today’s trading session, Nifty 8100 and 8300 put option seen addition in OI with IV increasing indicates buying of option.
• Looking into the option data, Nifty likely to trade with some amid volatility in the broader range of 8600-8000 level. On the downside, a move below 8090 likely to open the downside levels of 8000, the crucial support level. On the upside, immediate resistance lies around the 8320 level and above that 8400 level.
• Stocks in ban for trade on 17-Nov-16: DLF.

DERIVATIVE HIGHLIGHTS FOR 15-11-2016:

• Nifty future OI seen addition of 24 lacs in OI and Bank Nifty future OI seen addition of 3 lacs in OI.
• Nifty OI PCR ratio declined from 0.84 to 0.73.
• Stocks seen long build-up include Bank Baroda, SBIN, HCLTech, Infy and TCS. Stocks seen long build-up includes Indusindbank, Maruti, DCBBank, Hindalco, Asianpaint, Kotakbank, ICICIBank, ITC, LICHsgfin, Axisbank, HDFCBank, HDFC, LT, NHPC, Ultracement, IOC and NTPC.
• Option statistics: Nifty highest Call option OI for November series stands at 8700 strike price. In today’s trading session, Nifty 8100, 8200 and 8300 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the November series stands at 8000 strike price. In today’s trading session, Nifty 8200 and 8300 put option seen unwinding in OI with IV increasing indicates short covering of option.
• Looking into the option data, Nifty likely to trade with some amid volatility in the broader range of 8600-8000 level. On the downside, Nifty does break the support level of 8120 and the next crucial support lies around the 8000 level. On the upside, immediate resistance lies around the 8320 level and above that 8400 level.  

DERIVATIVE HIGHLIGHTS FOR 11-11-2016:

• Nifty future OI seen addition of 6 lacs in OI and Bank Nifty future OI seen addition of 0.2 lacs in OI.
• Stocks seen long build-up include SUNPHARMA. Stocks seen long build-up includes ICICIBANK, Crompton Greaves, TVS Motor, Amaraja, Indusindbank, Asianpaint, SRTRansfinance, Maruti, Havells, Apollo Hospital, Eichermotor, BHEL, DHFL, Hind Petro, Ambuja Cement, Hero Motor and M&M.
• Option statistics: Nifty highest Call option OI for November series stands at 9000 strike price. In today’s trading session, Nifty 8400 and 8500 call option seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the November series stands at 8200 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 put option seen addition in OI with IV decreasing indicates writing of option.
• Looking into the option data, Nifty likely to trade with some amid volatility in the broader range of 8600-8000 level. On the downside immediate support lies around the 8200-8120 level and below that the crucial support of 8000 level. On the upside immediate resistance lies around the 8460 level and above that 8600 level.
• Stocks in ban for trade on 15-Nov-2016: Dishtv and Jindal Steel.

DERIVATIVE HIGHLIGHTS FOR 10-11-2016:

• Nifty future OI seen addition of 4 lacs in OI and Bank Nifty future OI seen addition of 1.3 lacs in OI.
• Stocks seen long build-up includes Tata Steel, Federalbank, IDFCbank, PNB, HindZinc, IHL, Hindalco, Motherson, BEL, VEDL and NMDC. Stocks seen long build-up includes IBULHSGFIN, Pageind, Hero Motor, Bharat Forge, Asianpaint, Pidilite Ind, Maruti, DHFL, Ashokleyland, M&M and Srtrans Finance.
• Option statistics: Nifty highest Call option OI for November series stands at 9000 strike price. In today’s trading session, Nifty 8400 and 8500 call option seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the November series stands at 8200 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 put option seen addition in OI with IV decreasing indicates writing of option.
• As mentioned in the yesterday report, Nifty does move towards the level of 8615 above 8550 level, vindicating our view. Looking into the option data, Nifty likely to move towards the level of 8615-8670 level. On the downside, immediate support lies around the 8475 and below that 8400 level. 

DERIVATIVE HIGHLIGHTS FOR 09-11-2016:

• Nifty future OI seen addition of 8 lacs in OI and Bank Nifty future OI seen addition of 2.1 lacs in OI.
• Stocks seen long build-up includes Dabur, Kotakbank, SBIN, PNB, Canbank and Power Grid. Stocks seen long build-up includes Maruti, DHFL, Heromotor, Havells, LICHSGFIN, Ultracement, ITC, TCS, Cipla, Bajaj Auto, Titan, Eicher Motor, BOSCH, Indusindbank, Unionbank, Arvind and HDFC.
• Option statistics: Nifty highest Call option OI for November series stands at 9000 strike price. In today’s trading session, Nifty 8400 and 8500 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 8200 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 put option seen unwinding in OI with IV decreasing indicates profit booking of option.
• Looking into the option data, Nifty immediate resistance lies around the 8510-8550 level and a sustain trade above 8550 level will open the level of 8615-8700 level. On the downside, immediate support lies around the 8320 level.  

DERIVATIVE HIGHLIGHTS FOR 08-11-2016:

• Nifty future OI remain flat at 1.75 crores and Bank Nifty future OI seen unwinding of 1 lakh in OI.
• Stocks seen long build-up includes Ceat, Dabur, Apolloytyre, Mcleod, MRF and TCS. Stocks seen long build-up includes Unionbank, Crompton Greaves, Cadila, HindZinc, Sunpharma, Motherson, Bajfinance, Tata Global and Coalindia.
• Option statistics: Nifty highest Call option OI for November series stands at 9000 strike price. In today’s trading session, Nifty 8500 and 8600 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the November series stands at 8200 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 put option seen addition in OI with IV increasing indicates buying of option.
• Looking into the option data, Nifty immediate resistance lies around the 8550 level and a sustain trade above 8550 level will open the level of 8615-8700 level. On the downside, a move below 8400 level likely to open further downside level of 8300.
• Stocks in ban for trade on 9-Nov-2016: CENTURYTEX, DISHTV, JINDALSTEL and IBREALEST.

DERIVATIVE HIGHLIGHTS FOR 07-11-2016:

• Nifty future OI seen unwinding of 11 lacs in OI and Bank Nifty future OI seen addition of 1.4 lacs in OI.
• Stocks seen long build-up includes Crompton, NMDC, Federalbank, IDFCBank, Amaraj, GAIL, Torntpower, Ceat, PFC and ICICIBank. Stocks seen long build-up includes Dabur, LT, TCS, Petronet, Infratel, Cadila, Godrejind and TVSMotor.
• Option statistics: Nifty highest Call option OI for November series stands at 9000 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 call option seen unwinding in OI with IV increasing indicates short covering by writer of option. Nifty highest Put Option OI for the November series stands at 8200 strike price. In today’s trading session, Nifty 8500 put option seen addition in OI with IV increasing indicates buying of option.
• Looking into the option data, Nifty immediate resistance lies around the 8550 level and a sustain trade above 8550 level will open the level of 8615 level. On the downside, a move below 8400 level likely to open further downside level of 8300.
• Stocks in ban for trade on 8-Nov-2016: CENTURYTEX, DISHTV, JINDALSTEL and IBREALEST.

DERIVATIVE HIGHLIGHTS FOR 04-11-2016:

• Nifty future OI seen addition of 4 lacs in OI and Bank Nifty future OI seen addition of 0.4 lacs in OI.
• Stocks seen long build-up includes Dabur, ITC, Hcltech and Tata Motor. Stocks seen long build-up includes Amaraja, Drreddy, Unionbank, LICHSGFIN, Coal India, Sunpharma, PcJeweller, KSCL and ALBK.
• Option statistics: Nifty highest Call option OI for November series stands at 9000 strike price. In today’s trading session, Nifty 8400, 8500 and 8600 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 8200 strike price. In today’s trading session, Nifty 8400, put option seen addition in OI with IV increasing indicates buying of option.
• As mentioned in the yesterday report, Nifty does achieved the first target of 8400 below the 8480 level, vindicating our view. Looking into the option data, Nifty immediate resistance lies around the 8550 support level. On the downside, a move below 8400 level likely to open further downside level of 8300.
• Stocks in ban for trade on 7-Nov-2016: CENTURYTEX, DISHTV and IBREALEST.

DERIVATIVE HIGHLIGHTS FOR 03-11-2016:

• Nifty future OI seen unwinding of 1 lakh in OI and Bank Nifty future OI seen unwinding of 0.1 lacs in OI.
• Stocks seen long build-up includes UBL, Ambujacement, ALBK, Infratel and Hindalco. Stocks seen long build-up includes Dishtv, CESC, LICHSGFIN, Apollo Hospital, Petroent, UPL, Justdial, Glenmark, Asianpaint, Orientbank, Godrejind, Unionbank and IBREALEST.
• Option statistics: Nifty highest Call option OI for November series stands at 9000 strike price. In today’s trading session, Nifty 8500, 8600 and 8700 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 8400 strike price. In today’s trading session, Nifty 8500, 8600 and 8700 put option seen addition in OI with IV decreasing indicates profit booking of option.
• Looking into the option data, Nifty immediate support lies around the 8480-8500 level and sustain trade below 8480 will open the level of 8400-8300 level. On the upside, immediate resistance lies around the 8585 level.
• Stocks in ban for trade on 4-Nov-2016: CENTURYTEX, DISHTV and IBREALEST.

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.

DERIVATIVE DIARY - OCTOBER 2016

DERIVATIVE HIGHLIGHTS FOR 28-10-2016:

• Nifty future OI seen unwinding of 1 lakh in OI and Bank Nifty future OI seen unwinding of 0.1 lacs in OI.
• Stocks seen long build-up includes BEL, DCBBank, Cairn, NMDC, TechM, CEAT, PcJeweller, Pidiliteind, VEDL, HDIL, Cadila, Drreddy, Sintex, Ultracement, IDFCBank and Bajaj Auto. Stocks seen long build-up includes Orientbank, Torntpharma, Asianpaint, Bajfinance, LICHSGFIN, UPL, Jindal Steel, Infratel and HCLTech.
• Option statistics: Nifty highest Call option OI for November series stands at 9000 strike price. In today’s trading session, Nifty 8600, 8700 and 8800 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 8500 strike price. In today’s trading session, Nifty 8600, 8700 and 8800 put option seen addition in OI with IV increasing indicates buying of option.
• Looking into the option data, Nifty immediate support lies around the 8550 and below the 8480 level. On the upside, immediate resistance lies around the 8650 level and above that 8740 level.  
• Stocks in ban for trade on 28-Oct-2016: NIL.

DERIVATIVE HIGHLIGHTS FOR 27-10-2016:

• The market-wide position in the derivative segment at the beginning of the November series vis-à-vis October series stands at:

Particulars	November Series	October Series	% Change
OVERALL OI IN NO. OF SHARES (Cr.)	355.64	342.88	3.72%
NIFTY FUT OI IN NO. OF SHARES (Cr.)	1.88	2.46	-23.58%
STOCK FUT OI IN NO. OF SHARES (Cr.)	308.22	292.54	5.36%
BANK NIFTY FUT OI (No. in Mn)	1.60	1.92	-16.67%
CALL OPTION OI IN NO. OF SHARES (Cr.)	4.95	5.31	-6.78%
PUT OPTION OI IN NO. OF SHARES (Cr.)	4.78	5.01	-4.59%
OI (Rs. in crores)	198649.00	203902.00	-2.58%
NIFTY CLOSING	8615.25	8591.25	0.28%

·         Overall rollover for the new series stands at 83% vs. 82% in the last series and also higher than 3M Average of 81%.

·         Nifty rollover for the new series too is higher at 70% vs. 66% in the last series and slightly lower than the 3M Average of 71%.

·         Bank Nifty rollover for the November series too is higher at 67% vs. 65% in the last series and lower than the 3M Average of 69%.

• Option statistics: Nifty highest Call option OI for November series stands at 9000 strike price. In today’s trading session, Nifty 8600, 8700 and 8800 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the November series stands at 8500 strike price. In today’s trading session, Nifty 8600, 8700 and 8800 put option seen addition in OI with IV decreasing indicates writing of option.
• As mentioned in the yesterday report, Nifty does achieved the downside level of 8555, making a low of 8550, vindicating our view. Looking into the option data, Nifty immediate support lies around the 8550 and below the 8480 level. On the upside, immediate resistance lies around the 8650 level and above that 8740 level.  
• Stocks in ban for trade on 27-Oct-2016: NIL.

DERIVATIVE HIGHLIGHTS FOR 26-10-2016:

• Nifty future seen addition of 19 lacs in OI and Bank Nifty seen unwinding of 2.4 lacs in OI.
• Stocks seen long position includes Dabur, Cummins, M&MFinance, Justdial, Maruti, Apollo Hospital, PcJeweller, Idea and Adanipower. Stocks seen short build-up includes JP Associate, Axisbank, Cadila, Infratel, Jublfood, Biocon, Colpal, Tata Motor and JSW Energy.
• Option statistics: Nifty highest Call option OI for October series stands at 9000 strike price. In today’s trading session, Nifty 8600 and 8700 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the October series stands at 8500 strike price. In today’s trading session, Nifty 8600, 8700 and 8800 put option seen unwinding in OI with IV decreasing indicates profit booking of option.
• Overall Rollover before E-1 day stands at 59% vs. 59% in the previous series. Nifty rollover before E-1 days stands at 51% vs. 52% in the previous series. Bank Nifty rollover before E-1 days stands at 47% vs. 48% in the last series.
• As mentioned in the yesterday report, Nifty does break the range on the downside and is likely to move towards the level of 8555 level. On the upside, immediate resistance lies around the 8700 level.
• Stocks in ban for trade on 26-Oct-2016: Ceatltd, Jindal Steel and TV18BRDCST.

DERIVATIVE HIGHLIGHTS FOR 25-10-2016:

• Nifty future seen addition of 10 lacs in OI and Bank Nifty seen addition of 2.1 lacs in OI.
• Stocks seen long position includes Arvind, SAIL, Federalbank, Adaniport, Maruti, Cadila, Infratel, Heromotor, NCC, VEDL, Asinapaint, PTC and TVSMotor. Stocks seen short build-up includes CEAT, Adanipower, Southbank, Amaraja, Biocon, Motherson, SRF, Adanient, HCLTech and Eichermotor.
• Option statistics: Nifty highest Call option OI for October series stands at 9000 strike price. In today’s trading session, Nifty 8600 and 8700 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the October series stands at 8600 strike price. In today’s trading session, Nifty 8600, 8700 and 8800 put option seen unwinding in OI with IV decreasing indicates profit booking of option.
• Overall Rollover before E-2 days stands at 41% vs. 39% in the previous series. Nifty rollover before E-2 days stands at 40% vs. 41% in the previous series. Bank Nifty rollover before E-2 days stands at 32% vs. 32% in the last series.
• Looking into the option data, Nifty likely to trade in the range of 8650-8750 level and a break out of the range on either side will give direction to the market. A break below 8650 likely to open the level of 8555 level and on the upside a break out above 8750 will open the upside level of 8800-8880 level.  
• Stocks in ban for trade on 26-Oct-2016: Bank India, Ceatltd, HDIL, IBReal Estate, Jindal Steel, Orientbank and TV18BRDCST.

DERIVATIVE HIGHLIGHTS FOR 24-10-2016:

• Nifty future seen addition of 3 lacs in OI and Bank Nifty seen addition of 1.3 lacs in OI.
• Stocks seen long position includes Unionbank, OIL, Orientbank, ONGC, TV18, Maruti, GMRInfra, JP Associate, Tata Mtrdvr, Engineersind, IDFC and IRB. Stocks seen short build-up includes KTKBank, JSWSteel, Ceat, Asian Paint, Drreddy, NMDC, Apollo Hospital, Heromotor, Mindtree, UBL, Apollotyre and Biocon.
• Option statistics: Nifty highest Call option OI for October series stands at 9000 strike price. In today’s trading session, Nifty 8600 and 8700 call option seen unwinding in OI with IV increasing. Nifty highest Put Option OI for the October series stands at 8600 strike price. In today’s trading session, Nifty 8600 and 8700 put option seen addition in OI with IV increasing indicates buying of option.
• Overall Rollover before E-3 days stands at 26% vs. 25% in the previous series. Nifty rollover before E-3 days stands at 27% vs. 27% in the previous series. Bank Nifty rollover before E-3 days stands at 21% vs. 23% in the last series.
• Looking into the option data, Nifty likely to move towards the upside level of 8740-8800 level. On the downside, immediate support lies around the 8640 and below that 8555 level. 
• Stocks in ban for trade on 25-Oct-2016: Bank India, HDIL, IBReal Estate, Jindal Steel, Orientbank and TV18BRDCST.

DERIVATIVE HIGHLIGHTS FOR 21-10-2016:

• Nifty future seen addition of 1 lakh in OI and Bank Nifty seen unwinding of 0.1 lacs in OI.
• Stocks seen long position includes NCC, Biocon, Tata Comm, MRF, JPAssociate, SAIL and Torntpower. Stocks seen short build-up includes Reliance, ACC, Titan, Amaraja, NMDC, Axisbank, BEML, India Cement and IDFCBank.
• Option statistics: Nifty highest Call option OI for October series stands at 9000 strike price. In today’s trading session, Nifty 8600 and 8700 call option seen unwinding in OI with IV decreasing indicates profit booking. Nifty highest Put Option OI for the October series stands at 8600 strike price. In today’s trading session, Nifty 8700 put option seen addition in OI with IV decreasing indicates writing of option.
• Looking into the option data, Nifty likely to move towards the upside level of 8740-8800 level. On the downside, immediate support lies around the 8640 and below that 8555 level. 
• Stocks in ban for trade on 24-Oct-2016: Bank India, HDIL, IBReal Estate and Jindal Steel.

DERIVATIVE HIGHLIGHTS FOR 20-10-2016:

• Nifty future seen addition of 14 lacs in OI and Bank Nifty seen addition of 0.9 lacs in OI.
• Stocks seen long position includes Syndicatebank, SRF, JISLJAL, VEDL, Tata Power, Adaniport, KTKBank, Engineersind, ICICIbank, Cairn and Torntpower. Stocks seen short build-up includes Tata Motor, Amaraja, MRF, Granules, Biocon, JSWSteel and Siemens.
• Option statistics: Nifty highest Call option OI for October series stands at 9000 strike price. In today’s trading session, Nifty 8500 and 8600 call option seen unwinding in OI with IV decreasing indicates profit booking. Nifty highest Put Option OI for the October series stands at 8600 strike price. In today’s trading session, Nifty 8500, 8600 and 8700 put option seen addition in OI with IV decreasing indicates writing of option.
• As mentioned in the yesterday report, Nifty does move towards the level of 8740, making a high of 8727. Looking into the option data, Nifty likely to move towards the upside level of 8740-8800 level. On the downside, immediate support lies around the 8620 and below that 8555 level. 
• Stocks in ban for trade on 21-Oct-2016: Bank India, Ceat, HDIL, IBReal Estate and Jindal Steel.

DERIVATIVE HIGHLIGHTS FOR 19-10-2016:

·         Nifty future seen unwinding of 3 lacs in OI and Bank Nifty seen unwinding of 0.5 lacs in OI.

·         Stocks seen long position includes IDFCBank, Hindzinc, IDBI, Marico, Biocon, IGL, VEDL, Tata Global, REC, UPL and Cairn. Stocks seen short build-up includes Petronet, Relcapital, Torntpower, Cummins, Havells, Hindalco, Heromotor, Federalbank, Century, Asianpaint and BEL.

·         Option statistics: Nifty highest Call option OI for October series stands at 9000 strike price. In today’s trading session, Nifty 8500 and 8600 call option seen unwinding in OI with IV increasing. Nifty highest Put Option OI for the October series stands at 8500 strike price. In today’s trading session, Nifty 8600 and 8700 put option seen addition in OI with IV decreasing indicates writing of option.

·         Looking into the option data, Nifty likely to move towards the upside level of 8740-8800 level. On the downside, immediate support lies around the 8600 and below that 8555 level.  

DERIVATIVE HIGHLIGHTS FOR 18-10-2016:

·         Nifty future seen addition of 1 lakh in OI and Bank Nifty seen unwinding of 1.5 lacs in OI.

·         Stocks seen long position includes Hindzinc, Havells, Arvind, MRF, L&TFH, LICHSGFIN, Hindalco, Bankindia, Suntv, Ceat, Tata Steel, Adaniport, Ambujacement, Pageind, TVSMotor and Apollotyre. Stocks seen short build-up includes Mindtree, Petronet, Asianpaint, OIL and Infratel.

·         Option statistics: Nifty highest Call option OI for October series stands at 9000 strike price. In today’s trading session, Nifty 8500, 8600 and 8700 call option seen unwinding in OI with IV decreasing indicates profit booking of option. Nifty highest Put Option OI for the October series stands at 8500 strike price. In today’s trading session, Nifty 8500, 8600 and 8700 put option seen addition in OI with IV decreasing indicates writing of option.

·         As mentioned in the yesterday report, Nifty does hold the 8500 level and cross the immediate resistance of 8620 level and is likely to move towards the level of 8750-8800 level. On the downside immediate support lies around the 8555 level.  

·         Stocks in ban for trade on 19-Oct-2016: BANKINDIA, CEAT, HDIL, IBREALEST and JINDALSTEL.

DERIVATIVE HIGHLIGHTS FOR 17-10-2016:

·         Nifty future seen unwinding of 3 lacs in OI and Bank Nifty seen unwinding of 1.7 lacs in OI.

·         Stocks seen long position includes DCBbank, DHFL, Arvind and Granules. Stocks seen short build-up includes NIITECH, Havells, Heromotor, Dabur, Bankindia, IGL, TV18, Andhrabank, Ceat, BEML, Apollo Tyre, Canbank and M&M.

·         Option statistics: Nifty highest Call option OI for October series stands at 9000 strike price. In today’s trading session, Nifty 8500, 8600 and 8700 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the October series stands at 8500 strike price. In today’s trading session, Nifty 8500, 8600 and 8700 put option seen unwinding in OI with IV increasing indicates short covering by writer of option.

·         Nifty does break the support level of 8540 and looking into the option data a move below 8500 will open the downside level of 8250-8300 level. On the upside, immediate resistance lies around the 8620 level.  

·         Stocks in ban for trade on 18-Oct-2016: IBREALEST and JINDALSTEL.

DERIVATIVE HIGHLIGHTS FOR 10-10-2016:

·         Nifty future OI remain flat at 2.30 crores and Bank Nifty seen addition of 0.8 lacs in OI.

·         Stocks seen long position includes PcJeweller, Ultratechcem, Dishtv, KSCL, TV18, ACC, Titan, Mindtree and Tata Comm. Stocks seen short build-up includes Unionbank, DCBbank, NTPC, Cummins, Bharat Froge, IOC, IRB and STAR.

·         Option statistics: Nifty highest Call option OI for October series stands at 9000 strike price. In today’s trading session, Nifty 8800, 8900 and 9000 call option seen addition in OI with IV increasing indicates buying of option. Nifty highest Put Option OI for the October series stands at 8500 strike price. In today’s trading session, Nifty 8600, 8700 and 8800 put option seen addition in OI with IV decreasing indicates writing of option.

·         Looking into the option data, Nifty immediate support lies around the 8650 level and below that the crucial support lies around the 8540 level.  On the upside immediate resistance lies around the 8800 level and above that 8890 level.  

DERIVATIVE HIGHLIGHTS FOR 07-10-2016:

• Nifty future seen unwinding of 5 lacs in OI and Bank Nifty seen addition of 0.1 lacs in OI.
• ·         Stocks seen long position includes Suntv, Tata Steel, Engineersind, TVSMotor, Castrolind, Bata India, CESC, RCom and Orientbank. Stocks seen short buildup includes Torntpower, Cairn, Srtransfinance, Bank baroda, DHFL, VEDL, Apollo Hospital, Biocon, JSWEnergy and Infy.
• ·         Option statistics: Nifty highest Call option OI for October series stands at 9000 strike price. In today’s trading session, Nifty 8700 and 8800 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the October series stands at 8600 strike price. In today’s trading session, Nifty 8700 and 8800 put option seen unwinding in OI with IV decreasing indicates profit booking.
• ·         Looking into the option data, Nifty immediate support lies around the 8650 level and below that the crucial support lies around the 8540 level.  On the upside immediate resistance lies around the 8800 level and above that 8890 level.
• ·         Stocks in ban for trade on 10-Oct-2016: IBREALESTATE & JINDALSTEL.

DERIVATIVE HIGHLIGHTS FOR 06-10-2016:

• Nifty future seen unwinding of 2 lacs in OI and Bank Nifty seen addition of 1 lakh in OI.
• Stocks seen long position includes BOSCH, Bajfinance, IOC, TV18, Sintex and BPCL. Stocks seen short buildup includes Torntpower, Tornt Pharma, IDFCbank, ALBK, Bank baroda, Ajantapharma, Bharat Finance, Crompton, PFC, Siemens, M&M, HDIL and Drreddy.
• Option statistics: Nifty highest Call option OI for October series stands at 9000 strike price. In today’s trading session, Nifty 8700 and 8800 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the October series stands at 8600 strike price. In today’s trading session, Nifty 8600 and 8700 put option seen addition in OI.
• Looking into the option data, Nifty immediate support lies around the 8690 level and below that the crucial support lies around the 8540 level.  On the upside immediate resistance lies around the 8800 level.
• Stocks in ban for trade on 07-Oct-2016: IBREALESTATE & JINDALSTEL.

DERIVATIVE HIGHLIGHTS FOR 04-10-2016:

• Nifty future seen addition of 3 lacs in OI and Bank Nifty seen addition of 0.3 lacs in OI.
• Stocks seen long position includes Amaraja, IGL, Havells, Jindalstel, Canbank, VEDL, Petronet, ALBK, UBL, Federalbank and PFC. Stocks seen short buildup includes Torntpower, Ajantapharma, Tornt Pharma, IRB, LT, HUL, Hindzinc and Bata India.
• Option statistics: Nifty highest Call option OI for October series stands at 9000 strike price. In today’s trading session, Nifty 8800 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the October series stands at 8600 strike price. In today’s trading session, Nifty 8600, 8700 and 8800 put option seen addition in OI.
• Looking into the option data, we expect a sustain trade above 8750 will open the upside level of 8800-8840 level. On the downside, Nifty immediate support lies around the 8690 level and below that the crucial support lies around the 8540 level.  
• Stocks in ban for trade on 05-Oct-2016: IBREALESTATE.

DERIVATIVE HIGHLIGHTS FOR 03-10-2016:

• Nifty future seen unwinding of 6 lacs in OI and Bank Nifty seen addition of 0.3 lacs in OI.
• Stocks seen long position includes Hindzinc, SRF, Arvind, Godrejind, Havells, PNB, Bank Baroda, IBReal Est, Suntv, M&MFinance, Ceat, GodrejCp, Tvsmotor, JISLJAL, Orientbank, Cumminsind, IOC and LICHSGFIN.
• Option statistics: Nifty highest Call option OI for October series stands at 9000 strike price. In today’s trading session, Nifty 8600 call option seen unwinding in OI and 8700 and 8800 call option seen addition in OI with IV decreasing indicates writing of option. Nifty highest Put Option OI for the October series stands at 8600 strike price. In today’s trading session, Nifty 8600, 8700 and 8800 put option seen addition in OI with IV decreasing indicates writing of option.
• As mentioned in the last report, Nifty does hold the support level of 8540 and move towards the immediate resistance of 8750, making a high of 8745. Looking into the option data, we expect a sustain trade above 8750 will open the upside level of 8800-8840 level. On the downside, Nifty crucial support lies around the 8540 level.  
• Stocks in ban for trade on 04-Oct-2016: IBREALESTATE.

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.