Derivative Report
July 06,
2015
Nifty Vs OI
Comments
The Nifty futures open interest has increased by 2.61%
BankNifty futures open interest has increased by 8.52%
as market closed at 8484.90 levels.
The Nifty July future closed at a premium of 3.10 points
against discount of 6.60 points. The August series closed
at a premium of 38.75 points.
The Implied Volatility of at the money options has
increased from 13.60% to 14.92%.
Nifty PCR-OI has increased from 1.10 to 1.11 levels.
The total OI of the market is Rs. 1,97,932/- cr. and the
stock futures OI is Rs. 57,793/- cr.
Few of the liquid counters where we have seen high cost
of carry are JPPOWER, ADANIPOWER, UNITECH IFCI and
RCOM.
OI Gainers
View
OI
PRICE
Friday, FII's were net buyer in both the cash market
SCRIP
OI
CHANGE
PRICE
CHANGE
and futures. They were net buyers of Rs.
356
(%)
(%)
crores in equity cash. Whereas, they bought Index
UBL
892000
16.98
1023.35
8.85
Futures of worth Rs 361 crores with rise in open
interest, suggesting long built-up.
PAGEIND
53125
14.25
15434.90
1.04
In Index options front, FIIs bought significantly of
FEDERALBNK
14696000
12.60
154.90
0.36
Rs. 1311 crores with rise in open interest. We saw
SOUTHBANK
14436000
11.00
23.95
2.57
huge build-up in 8500 call options with rise in IV’s
suggesting long formation. Whereas, in put
HINDZINC
2844000
10.49
162.40
-1.58
options, build-up was scattered in the range of
OI Losers
8200-8600. Maximum buildup in current series in
seen in 8500 call and 8000 put options.
OI
PRICE
SCRIP
OI
CHANGE
PRICE
CHANGE
Seeing the above data we believe market may
(%)
(%)
show strength but one should wait to see
AMARAJABAT
219750
-10.49
881.60
-0.55
reasonable amount of fresh buying above 8500
levels to form any longs in Nifty. We suggest
ORIENTBANK
5953000
-10.44
181.10
3.99
being light in market and trade stock specific.
TVSMOTOR
4153000
-8.38
255.10
-1.03
IBREALEST
31760000
-7.64
56.00
-1.06
PFC
4933000
-7.55
262.10
1.31
Put-Call Ratio
Historical Volatility
SCRIP
PCR-OI
PCR-VOL
SCRIP
HV
NIFTY
1.11
0.95
UBL
57.06
BANKNIFTY
1.16
0.83
DABUR
27.55
RELIANCE
0.66
0.53
EICHERMOT
50.96
INFY
0.59
0.46
JINDALSTEL
58.32
SBIN
0.49
0.45
BIOCON
29.51
1
Derivative Report
July 06,
2015
Strategy Date
Symbol
Strategy
Status
June 29, 2015
LT
Ratio Bear Put Spread
Active
Research Team Tel: 022 - 39357800
DISCLAIMER
Angel Broking Private Limited (hereinafter referred to as “Angel”) is a registered Member of National Stock Exchange of India Limited, Bombay
Stock Exchange Limited and MCX Stock Exchange Limited. It is also registered as a Depository Participant with CDSL and Portfolio Manager with
SEBI. It also has registration with AMFI as a Mutual Fund Distributor. Angel Broking Private Limited is a registered entity with SEBI for Research
Analyst in terms of SEBI (Research Analyst) Regulations, 2014 vide registration number INH000000164. Angel or its associates has not been
debarred/ suspended by SEBI or any other regulatory authority for accessing /dealing in securities Market. Angel or its associates including its
relatives/analyst do not hold any financial interest/beneficial ownership of more than 1% in the company covered by Analyst. Angel or its
associates/analyst has not received any compensation / managed or co-managed public offering of securities of the company covered by Analyst
during the past twelve months. Angel/analyst has not served as an officer, director or employee of company covered by Analyst and has not been
engaged in market making activity of the company covered by Analyst.
This document is solely for the personal information of the recipient, and must not be singularly used as the basis of any investment decision.
Nothing in this document should be construed as investment or financial advice. Each recipient of this document should make such investigations
as they deem necessary to arrive at an independent evaluation of an investment in the securities of the companies referred to in this document
(including the merits and risks involved), and should consult their own advisors to determine the merits and risks of such an investment.
Reports based on technical and derivative analysis center on studying charts of a stock's price movement, outstanding positions and trading
volume, as opposed to focusing on a company's fundamentals and, as such, may not match with a report on a company's fundamentals.
The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed
to be true, but we do not represent that it is accurate or complete and it should not be relied on as such, as this document is for general guidance
only. Angel Broking Pvt. Limited or any of its affiliates/ group companies shall not be in any way responsible for any loss or damage that may arise
to any person from any inadvertent error in the information contained in this report. Angel Broking Pvt. Limited has not independently verified all
the information contained within this document. Accordingly, we cannot testify, nor make any representation or warranty, express or implied, to
the accuracy, contents or data contained within this document. While Angel Broking Pvt. Limited endeavors to update on a reasonable basis the
information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so.
This document is being supplied to you solely for your information, and its contents, information or data may not be reproduced, redistributed or
passed on, directly or indirectly.
Neither Angel Broking Pvt. Limited, nor its directors, employees or affiliates shall be liable for any loss or damage that may arise from or in
connection with the use of this information.
Note: Please refer to the important ‘Stock Holding Disclosure' report on the Angel website (Research Section). Also, please refer to the
latest update on respective stocks for the disclosure status in respect of those stocks. Angel Broking Pvt. Limited and its affiliates may
have investment positions in the stocks recommended in this report.
Derivative Research Team
For Private Circulation Only
SEBI Registration No: INB 010996539
3
