Mar 17, 2015
Nifty Vs OI
The Nifty futures open interest has increased by 1.33%
BankNifty futures open interest has increased by 4.04%
as market closed at 8633.15 levels.
The Nifty March future closed at premium of
points against a premium of 26.65 points. The April
series closed at a premium of 105.70 points.
The Implied Volatility of at the money options has
increased from 15.13% to 16.02%.
Nifty PCR-OI has decreased from 0.94 to 0.91 levels.
The total OI of the market is Rs. 2,41,566/- cr. and the
stock futures OI is Rs. 74,555/- cr.
Few of the liquid counters where we have seen high cost
of carry are STAR, HDFCBANK, NHPC, ASHOKLEY and
FIIs were net sellers in cash market segment of worth
Rs. 762 crores. In Index Futures their activity was
again subdued, while in Stock Futures some longs
In Index Options they remained active and they sold
of worth Rs. 835 crores with rise in open interest
indicating fresh short formation. PCR-OI decreased
with rise in implied volatility suggesting long
formation in call options. 8700 & 8800 call options
continue to add decent open interest which is mix of
long and short positions.
8600 call option also
added decent buildup and we believe these are short
formation and this level may act as support now. On
the other hand in put options 8400 strikes added
decent buildup, followed by unwinding in 8300 put
options suggesting guys who had bought this strike
have left hopes of Nifty correcting to this levels.
Maximum buildup in current series is seen in 9000
call & 8500 put option.
FIIs data still haven’t showed any negative signal in
fact we have witness that these guys have bought call
options of 8800-9000 strikes and the quantum is
also huge. One should go long in Nifty Futures and
trade with positive bias.
Mar 17, 2015
FII Statistics for 16-Mar-2015
Turnover on 16-Mar-2015
Nifty Spot = 8633.15
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 17, 2015
Profit booked on 10-03-15
Long Call Ladder
Research Team Tel: 022 - 39357800
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.
Angel Broking Pvt. Limited, its affiliates, directors, its proprietary trading and investment businesses may, from time to time, make
investment decisions that are inconsistent with or contradictory to the recommendations expressed herein. The views contained in
this document are those of the analyst, and the company may or may not subscribe to all the views expressed within.
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
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
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 endeavours 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.
Angel Broking Pvt. Limited and its affiliates may seek to provide or have engaged in providing corporate finance, investment
banking or other advisory services in a merger or specific transaction to the companies referred to in this report, as on the date of
this report or in the past.
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
Email Id : -
For Private Circulation Only
SEBI Registration No: INB 010996539