June 18, 2015
Nifty Vs OI
The Nifty futures open interest has increased by 2.72%
BankNifty futures open interest has decreased by 2.56%
as market closed at 8091.55 levels.
The Nifty June future closed at a discount of 12.50 points
against discount of 0.30 points. The July series closed at
a premium of 11.80 points.
The Implied Volatility of at the money options has
decreased from 16.79% to 16.18%.
Nifty PCR-OI remained unchanged at 0.89 levels.
The total OI of the market is Rs. 2,28,655/- cr. and the
stock futures OI is Rs. 60,606/- cr.
Few of the liquid counters where we have seen high cost
of carry are UNITECH, IBREALEST, DHFL, KSCL and
FII's were sellers in cash market segment; they sold
of Rs. 940 crores of equity cash. In Index futures
they were sellers of worth Rs. 217 crores with fall in
open interest suggesting unwinding of long
positions in last trading session.
In Index options front, FIIs bought of worth Rs. 621
crores with rise in open interest indicating long
formation. In call options we saw open interest
addition in 8100 & 8300 strikes which may be mix
of long and shorts; some unwinding was visible in
8000 & 8200 call options. On the other hand in
put options 8000 & 8100 strikes added decent
open interest which is mostly long positions, while
significant unwinding was seen in 7800 & 7900
put options. Maximum buildup in current series is
seen in 8500 call and of put options has again got
shifted to 8000 strike.
We are hardly seeing any buying interest in Index
Futures by FIIs, continuous buildup in put options is
visible from past few days and we believe these are
longs getting formed. We believe 8200-8250 is a
major resistance for Nifty and one should form
shorts near its resistance levels.
June 18, 2015
FII Statistics for 17-June 2015
Turnover on 17-June 2015
Nifty Spot = 8091.55
Lot Size = 25
Note: Above mentioned Bullish or Bearish Spreads in Nifty (June Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
June 18, 2015
June 01, 2015
Ratio Bull Call Spread
June 08, 2015
Ratio Bull Call Spread
June 15, 2015
Research Team Tel: 022 - 39357800
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