May 28, 2013
Nifty Vs OI
The Nifty futures open interest increased by 1.44% while
BankNifty futures open interest is increased by 5.23% as
market closed at 6083.15 levels.
The Nifty May future closed at premium of 0.30 point
against a premium of 1.85 points. The June series closed
at a premium of 19.60 points.
The Implied Volatility of at the money options has
increased from 15.27% to 16.39%.
Nifty PCR-OI has increased from1.12 to 1.18 levels.
The total OI of the market is Rs. 1,74,020/- cr. and the
stock futures OI is Rs.35,720/- cr.
Few of the liquid counters where we have seen high roll-
over are HEROMOTOCO, INDIACEM, PUNJLLOYD, NHPC
After a pause FII’s again seen being net buyers in
cash market segment; they were net buyers worth of
Rs.406/- cr. On derivatives front some long buildup
was seen by them in index futures, while in index
options long unwinding was observed by them in
yesterday’s trading session.
On options front 5900-6000 call option has seen
decent amount of unwinding followed by some
buildup observed in 6100 strike which has highest
buildup in open interest in call option. While in put
option 6000-6100 strike has seen significant amount
of buildup in open interest in yesterday’s trade.
Rollover in NIFTY and BANKNIFTY future is at 20%
and 17% respectively.
The recent fall in NTPC was mainly due to long
unwinding. However stock in last two trading
sessions has seen good amount of long buildup and
is also seen taking support at around Rs.148-150
levels. Hence we recommend to go long on this
stock with the target price of Rs.162 and stop loss at
May 28, 2013
FII Statistics for 27-May-2013
Turnover on 27-May-2013
Nifty Spot =6083.15
Lot Size = 50
Note: Above mentioned Bullish or Bearish Spreads in Nifty (May. Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
May 28, 2013
Bull Call Spread
Profit booked on 02-May-2013
Bull Call Spread
Profit booked on 16-May-2013
Ratio Put Spread
Position squared off
Ratio Call Spread
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