Daily derivatives trading report by epic research on 24 july 2014

DAILY DERIVATIVES REPORT 24 th JULY 2014

NIFTY SNAPSHOT & PIVOT POINTS SPOT

FUTURE

COST OF CARRY

TOTAL FUT OI

PCR OI

PCR VOL

ATM IV

CURRENT

7796

7792

-2.46

19799900

0.95

1.16

12.94

PREVIOUS

7768

7768

0.05

18990850

0.94

1.11

13.28

CHANGE(%)

0.36%

0.30%

-

4.26%

-

-

-

PIVOT LEVELS

S3

S2

S1

PIVOT

R1

R2

R3

NIFTY FUTURE

7660

7721

7756

7782

7817

7843

7904

MARKET ROUNDUP It was another record breaking session as the BSE Sensex and NSE Nifty closed at fresh life-time highs on Wednesday as buying momentum continued with bouts of cooling. 

Yesterday's rally was spearheaded by the IT stocks, as index heavy weigh Infosys contributed the most in today's upswing. The BSE IT index gained 2.2% followed by telecom banking, auto and the capital goods stocks  BPCL, Infosys, Bank of Baroda, Hindalco , Wipro, Bajaj Auto, and TCS were among the gainers on NSE, whereas Ambuja Cements, ACC, IDFC, Grasim, Kotak Bank, Tata Steel and Tata Power were among the losers 

F&O HIGHLIGHTS  Post a positive start, the market saw sectoral rotation in IT, banking, telecom and oil & gas. However, it finally ended 28 points higher. The Nifty slipped into a discount of 4 points. India VIX increased 0.34% and settled at 14.69  FIIs bought 652 crore while DIIs sold 292 crore in the cash segment. FIIs bought 52 crore in index futures and 94 crore in index options. In stock futures, they bought 625 crore  The highest Put base stands at the 7700 strike with over 70 lakh shares. The highest Call base stands at the 8000 strike with over 80 lakh shares. The 7800 and 7900 Call strikes have seen addition of 0.80 and 5.50 lakh shares, respectively. On the Put side, 7700, 7800 and 7900 strikes have seen addition of 9.10, 12.90 and 1.32 shares, respectively

INDEX OUTLOOK 



Nifty Future: The Nifty is likely to open flat to negative on the back of mixed global cues. It is likely to trade in the range of 7730-7830. The trading strategy would be to create shorts near 7800-7804 for targets of 7770 and 7750. On the other hand, one can enter longs if the index finds support near 7730 Bank Nifty Future: Supports are pegged near 15250 while resistance can be seen between 15700 and 15800

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DAILY DERIVATIVES REPORT 24 th JULY 2014

INTRADAY STRATEGY i) ) BHARAT PETROLEUM CORPORATION LTD (BPCL)

ii) AMBUJA CEMENTS LTD( AMBUJACEM)

Buy Bpcl July fut in range of 608-609

Sell Ambuja cem july fut in range of 211-210

View : Bullish

View :Bearish

Strategy : Buy Future

Strategy : Sell Future

Target1 : 613 Target 2 : 618

Target 1 : 208.50 Target 2 : 207

Stop loss : 603

Stop loss : 212.50

Market Lot : 500 CMP : 601.60

Market Lot : 2000 CMP : 215.15

STOCK ANALYSIS 

OI addition : We saw long build-up in Mrf, Irbinfra, Bpcl,Hindalco and Tcs while short build up was seen in Sun tv, Jswsteel, Yesbank, Pfc, Maruti and Canara bank



OI Shedding : We saw short covering in Recltd, Cairn, Bankbaroda, Syndicate and Mcdowell-n while long closure was seen in Acc, Cipla, Ibrealest, Jpassociate and Bharatforg

OPEN INTEREST ACTIVITY LONG BUILD UP

SHORT BUILD UP

SYMBOL

OI (LOTS)

% CHNG

PRICE

JSWENERGY

10288000

19.0

82.60

1.7

SUN TV

1101000

61.9

431.00

6.7

IRB INFRA

12188000

15.6

263.40

1.9

JUBLIANT FOOD

1189000

10.9 1277.00

1.9

BPCL

3355500

15.4

608.00

4.3

JSWSTEEL

5787500

10.5 1184.90

2.3

HINDALCO

31078000

14.8

193.25

2.7

MARUTI

1772000

5.5 2495.00

0.9

TCS

3313750

8.7

2543.00

2.1

YES BANK

9.1

2.1

YOUR MINTVISORY

%CHNG SYMBOL

OI %CHNG (LOTS)

11154000

PRICE %CHNG

536.20

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DAILY DERIVATIVES REPORT 24 th JULY 2014

F&O TURNOVER INSTRUMENT

NO. OF CONTRACTS

TURNOVER(CR)

PERCENTAGE CHANGE

INDEX FUTURES

407470

15834.46

-

STOCK FUTURES

793524

31511.21

-

INDEX OPTIONS

4534285

175792.23

1.14

STOCK OPTIONS

384821

15159.08

0.48

F&O TOTAL

6120131

238299.58

1.07

NIFTY OPTION OI DISTRIBUTION

8000000

OI Concentration Chart

Open Interest

7000000 6000000 5000000 4000000 3000000 2000000

1000000 0 7900 7800 7700 7600 7500 7400 7300 7200 7100 7000 6900

Strike Price Call OI (APR)

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DAILY DERIVATIVES REPORT 24 th JULY 2014

BUY DERIVATIVE PRODUCT

NO.OF CONTRACTS

INDEX FUTURE INDEX OPTION

SELL

AMOUNT IN CRORES

OPEN INTEREST AT THE END OF THE DATE

NO.OF AMOUNT COTRACTS IN CRORES

NO. OF CONTRACTS

AMOUNT IN CRORES

65614

2538.16

34558

1337.6

366586

14224

325807

12529.87

332015

12721.33

1785282

69303

94473

3289.61

70081

2564.67

1542513

5643

73835

2732.06

75896

2815.17

117963

4414

STOCK FUTURE STOCK OPTION

MOST ACTIVE CALLS Instrument Type OPTSTK

Symbol

Expiry Date

Option Type

Strike Price

LTP

Traded Volume (Contracts)

Traded Value (Lakhs)

SBIN

31JUL2014

CE

2,600

19.00

8,115

26,625.01

31JUL2014

CE

1,040

10.50

7,653

20,104.43

31JUL2014

CE

2,600

15.30

6,637

21,688.64

31JUL2014

CE

2,100

5.95

5,646

29,783.64

31JUL2014

CE

3,400

26.00

5,261

22,495.58

OPTSTK RELIANCE OPTSTK TCS OPTSTK AXISBANK OPTSTK INFY

MOST ACTIVE PUTS Instrument Type

OPTSTK OPTSTK OPTSTK OPTSTK OPTSTK

Symbol

SBIN AXISBANK TCS RELIANCE

INFY YOUR MINTVISORY

Expiry Date

Option Type

Strike Price

LTP

Traded Volume (Contracts)

Traded Value (Lakhs)

31JUL2014

PE

2,500

19.80

4,940

15,561.62

31JUL2014

PE

2,000

27.00

4,606

23,373.72

31JUL2014

PE

2,500

17.95

4,491

14,154.85

31JUL2014

PE

1,020

7.95

3,764

9,685.05

31JUL2014

PE

3,200

7.50

2,666

10,697.09 Call us at +91-731-6642300

DAILY DERIVATIVES REPORT 24 th JULY 2014

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