Daily Trading Bites

02nd February 2015
Daily Trading Bites
I Derivative I
Equity Derivatives
MARKET ROUND UPDATE
Last week Nifty opened on strong note but on higher side failed to
breach 9000 levels. In Friday’s session sharp selling pressure was
seen across the board that dragged nifty below 8800 levels in
intraday session but finally it closed around 8809 levels down by
almost 0.30% on weekly basis.
• Fresh short accumulation was seen in nifty and bank nifty fut.
in Friday’s session whereas cnxit fut. closed on flat note with
increase in OI.
• Selected long positions were added in stocks like andhrabank,
ibrealest, hcltech, adanient, jpassociat and star.
• Selling pressure was seen in banking, auto and capital good
sector. Major selling was seen in stocks like bankbaroda, tcs,
sbin, icicibank, hdfc and m&m.
• From higher levels long unwinding pressure was seen in stocks
like acc, divislab voltas, suntv, titan and bhartiartl.
This week markets are expected to open on flat note but will
continue to see selling pressure at higher levels. Last week heavy
call writing was seen at 9000 strike option and that will act as
strong resistance for nifty whereas on lower side nifty will see
immediate support around 8770 and below that can test 8720.
Recommendation
Script
Action
ASIANPAINTS
SELL
ARVIND
BUY
Initiation
Below 858
Target
842
SL
868
Around 287
302
282
PUT
Nifty Call Put Concentration
CALL
9100
9000
Strike
8900
8800
8700
8600
8500
-2
-1
0
1 (Millions)
2
Open
Interest
3
4
5
Nifty OI (Millions)
Nifty Fut. OI Vs PCR
PCR (OI)
40
Nifty OI
6
1.4
30
1.2
20
1
10
PCR
-3
0.8
22-Jan
23-Jan
27-Jan
28-Jan
29-Jan
30-Jan
Days
cONSO
s
FII Action ( Rs. Crores)
Nifty Futures Support / Resistance
TATA
Buy
2091.21
16203.52
3226.68
2388.56
23909.97
Index Fut.
Index Opt
Stock Fut.
Stock Opt
Total
Sell
Net (Cr)
2019.13
72.09
14885.59
1317.93
4835.14
-1608.46
2249.57
138.98
23989.43
-79.46
OI (Cr.)
22760.66
48247.55
57404.14
1482.10
129894.46
Most Active Nifty Options
Strike
Price
NIFTY
9000
NIFTY
8700
NIFTY
9200
Most Active Stock Options
Scrip
,
HCLTECH
UNITECH
ICICIBANK
Option
Type
CE
PE
CE
1800
20
380
Contract
Traded
486001
384822
364878
Open
Interest
5290300
2014150
2583350
5323
3733
3670
144750
10791000
1318750
CE
CE
CE
RESISTANCE
SUPPORT
8992
8790
9112
8708
Top OI Gainer
Scrip
Cl. Price
COALINDIA
ANDHRABANK
BANKBARODA
CNXIT
IBREALEST
Least OI Gainer
DIVISLAB
ACC
HINDPETRO
PFC
BPCL
OI Chg.
Price Chg
OI % Ch
360.75
91.95
194.85
11906.10
84.10
9833000
4676000
4297500
2200
6512000
-4.60
1.10
-24.10
13.50
4.90
87.20
29.03
23.76
21.89
20.54
1740.40
1568.15
660.15
294.05
750.40
-23250
-55000
-325500
-310000
-268500
-41.55
-25.65
19.85
1.00
14.55
-3.45
-4.09
-4.70
-5.31
-9.41
\
Sectors
OI Change
WAY2WEALTH Securities Pvt. Ltd.,
3rd Floor, Tower B, Hincon House, 247 Park, L.B.S. Road Vikhroli (W), Mumbai
400 083, Tel: +91 22 6146 2900
Email: derivatives[email protected] website: www.way2wealth.com
Way2wealth Research is also available on Bloomberg WTWL <GO>
Textile
Telecom
Realty
Power
Pharma
Oil & Gas
Nbfc
Metals
Media
IT
Infra
FMCG
Fertilizers
Cement
Capital Goods
Banking
Auto
OI ( Millions)
Sector OI Change
35
30
25
20
15
10
5
0
-5
Daily Trading Bites
02nd February 2015
I Derivative I
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3rd Floor, Tower B, Hincon House, 247 Park, L.B.S. Road Vikhroli (W), Mumbai
400 083, Tel: +91 22 6146 2900
Email: [email protected] website: www.way2wealth.com
Way2wealth Research is also available on Bloomberg WTWL <GO>