Derivative Report
September 07, 2015
Nifty Vs OI
Comments
The Nifty futures open interest has increased by 3.05%
BankNifty futures open interest has increased by 1.57% as
market closed at 7655.05 levels.
The Nifty September future closed at a premium of 9.30
points against a premium of 19.55 points. The October
series closed at a premium of 50.50 points.
The Implied Volatility of at the money options has
increased from 24.20% to 26.11%.
Nifty PCR-OI has decreased from 0.99 to 0.96 levels.
The total OI of the market is Rs. 2,17,471/- cr. and the
stock futures OI is Rs. 54,671/- cr.
Few of the liquid counters where we have seen high cost of
carry are JPPOWER, UNITECH, JSWENERGY, ZEEL and
ENGINERSIN.
OI Gainers
View
OI
PRICE
FIIs were net sellers in both cash market segment
SCRIP
OI
CHANGE
PRICE
CHANGE
and in Index Futures. They sold equities to the tune
(%)
(%)
of Rs. 1287 crores and Index Futures of worth Rs.
356 crores with rise in OI suggesting short
PAGEIND
49125
17.31
13982.60
-0.87
formation.
RELINFRA
7672400
8.40
308.25
-6.19
In Index Options, they were net buyers of Rs. 635
GLENMARK
2985000
8.12
1030.65
-3.64
crores with good amount of rise OI. In call options
IRB
5363000
7.56
213.05
-5.40
we saw build-up in the range of
7600-8100
strikes, wherein 7700 and 7800 call options added
IBULHSGFIN
4281000
7.35
720.60
1.46
huge open interest expecting bounce in Nifty. On
the other hand in put options, 7200-7300 strikes
added good amount of build-up, followed by
OI Losers
unwinding in 7600-7900 put options. Maximum
OI
PRICE
OI is seen in 8500 call and 7500 put options.
SCRIP
OI
CHANGE
PRICE
CHANGE
(%)
(%)
We are witnessing continuous selling in equities by
bigger hands and majority of positions in Nifty and
IOC
8104000
-14.13
408.60
3.59
BankNifty are shorts. We believe it’s a sell on rise
CEATLTD
1158900
-10.61
1092.15
-1.73
market and 8100-8200 is a major resistance for
Nifty.
MRF
44625
-10.08
38546.35
-4.18
PIDILITIND
509500
-9.82
558.40
0.04
HEXAWARE
4486000
-8.24
241.60
-2.89
Put-Call Ratio
Historical Volatility
SCRIP
PCR-OI
PCR-VOL
SCRIP
HV
NIFTY
0.96
0.85
OIL
43.88
BANKNIFTY
0.58
0.56
TATAPOWER
56.11
SBIN
0.39
0.48
DRREDDY
37.34
RELIANCE
0.51
0.53
NMDC
45.75
LT
0.45
0.46
ACC
34.80
1
Derivative Report
September 07, 2015
Strategy Date
Symbol
Strategy
Status
August 31, 2015
HINDALCO
Long Call
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.
For Private Circulation Only
SEBI Registration No: INB 010996539
3
