September 16, 2015
Nifty Vs OI
The Nifty futures open interest has increased by 0.36%
BankNifty futures open interest has decreased by 1.96% as
market closed at 7829.10 levels.
The Nifty September future closed at a discount of 0.55
points against a premium of 2.95 points. The October
series closed at a premium of 37.80 points.
The Implied Volatility of at the money options has
increased from 26.90% to 27.26%.
Nifty PCR-OI has decreased from 0.94 to 0.93 levels.
The total OI of the market is Rs. 2,35,644/- cr. and the
stock futures OI is Rs. 57,564/- cr.
Few of the liquid counters where we have seen high cost of
carry are CENTURYTEX, AMBUJACEM, DHFL, GMRINFRA
Yesterday FIIs were net sellers in cash market
segment to the tune of Rs. 910 crores. They bought
Index Futures of Rs. 257 crores with rise in OI,
suggesting some fresh long formation in last
In Index Options front, they were net sellers of Rs.
1721 crores with marginal change in OI. In call
options we saw build-up in 7800 and 8100 strikes,
followed by unwinding in 8500 call options. While
in put options, we hardly saw any strike adding
reasonable OI, some unwinding was visible in
8000 put option. Maximum OI is seen in 8000 call
and 7500 put options.
We continue to see meaningful selling in equities
by bigger hands. Even though Nifty gave a decent
bounce, we are hardly witnessing any substantial
buying interest in Nifty. We still believe it’s a sell on
rise market; 7900-7950 is an immediate resistance
September 16, 2015
FII Statistics for 15-September 2015
Turnover on 15-September 2015
Nifty Spot = 7829.10
Lot Size = 25
Note: Above mentioned Bullish or Bearish Spreads in Nifty (Sept. Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
September 16, 2015
August 31, 2015
September 07, 2015
September 14, 2015
Ratio Bull Call Spread
Research Team Tel: 022 - 39357800
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