Mar 04, 2015
Nifty Vs OI
The Nifty futures open interest increased by
BankNifty futures open interest has increased by 1.73%
as market closed at 8996.25 levels.
The Nifty March future closed at premium of
points against a premium of 43.95 points. The April
series closed at a premium of 125.65 points.
The Implied Volatility of at the money options has
decreased from 15.31% to 14.90%.
Nifty PCR-OI has increased from 0.90 to 0.95 levels.
The total OI of the market is Rs. 1,95,808/- cr. and the
stock futures OI is Rs. 70,251/- cr.
Few of the liquid counters where we have seen high cost
of carry are HDFCBANK, NHPC, RCOM, IFCI and STAR.
FIIs bought in cash market segment of worth Rs. 772
crores. In Index Futures they were net buyers of worth
Rs. 1184 crores with rise in open interest indicating
continuation of fresh long formation in last trading
In Index Options again they bought of worth Rs. 837
crores with rise in open interest suggesting buying in
options. In call options we saw some buildup in 9200
& 9300 strike prices, followed by unwinding in 9000
call options which may be profit booking by those
guys who had gone long on it earlier. On the other
hand in put options 8700 & 8800 strikes continue to
add good amount of buildup. Some open interest
addition was also witnessed in 9000 & 9100 put
options which may be short positions. Maximum
buildup in current series is visible in 9000 call &
8500 put options.
Seeing the above data we believe we may see some
more strength in Nifty but we would suggest not
going aggressively long at current levels. Budget not
as good as it appears from short term, so buying put
options at bounce will be a good idea.
Mar 04, 2015
FII Statistics for 03-Mar-2015
Turnover on 03-Mar-2015
Nifty Spot =8996.25
Lot Size = 25
Note: Above mentioned Bullish or Bearish Spreads in Nifty (Mar Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
Mar 04, 2015
Research Team Tel: 022 - 39357800
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