Daily market derivatives trading report by epic research on 22 july 2014

DAILY DERIVATIVES REPORT 221h JULY 2014

NIFTY SNAPSHOT & PIVOT POINTS SPOT

FUTURE

COST OF CARRY

TOTAL FUT OI

PCR OI

PCR VOL

ATM IV

CURRENT

7684

7686

0.95

17008300

0.87

1.07

14.01

PREVIOUS

7664

7669

2

16759500

0.87

1.06

14.15

CHANGE(%)

0.26%

0.22%

-

1.48%

-

-

-

PIVOT LEVELS

S3

S2

S1

PIVOT

R1

R2

R3

NIFTY FUTURE

7608

7651

7668

7694

7711

7737

7780

MARKET ROUNDUP  A highly volatile trading session ended with modest gains as the Indian equity market extended winning streak to fifth straight day. After opening with a gap up, market turned volatile and began losing some ground through the day.  Sentiment took a hit after HDFC Bank announced quarterly results which were marginally disappointing. If that was not enough, Canara Bank further dampened the sentiment further after announcing earning figures which missed market estimates.

F&O HIGHLIGHTS  Post a positive start, the index traded with a choppy bias amid high volatility. It finally ended the day with a marginal gain of 19 points. The premium declined and settled at 2 points. India VIX fell 1.31% and settled at 14.8  FIIs bought 161 crore while DIIs sold 181 crore in the cash segment. FIIs bought 295 crore in index futures and sold 387 crore in index options. In stock futures, they bought 410 crore  The highest Put base stands at the 7500 strike with over 68 lakh shares. The highest Call base stands at the 8000 strike with over 83 lakh shares. The 7800 and 7900 Call strikes have seen addition of 2.61 and 5.65 lakh shares, respectively. On the Put side, 7700, 7600 and 7400 strikes have seen addition of 1.86, 9.87 and 2.05 shares, respectively

INDEX OUTLOOK  Nifty Future: The Nifty is likely to open gap up on the back of strong global cues. It is likely to trade in the range of 7650-7750. The trading strategy would be to create long near 7675-7680 for targets of 7710 and 7730. On the other hand, one can enter shorts if the index finds resistance near 7750 

Bank Nifty Future: Supports are pegged near 15250 while resistance can be seen between 15700 and 15800

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DAILY DERIVATIVES REPORT 221h JULY 2014

INTRADAY STRATEGY i) ) HOUSING DEVELOPMNT FINANCE CORPORATION LTD (HDFC)

ii) CANARA BANK(CAN BANK)

Buy HDFC July fut in range of 1015-1020

Sell CANBANK July fut in range of 400-399

View : Bullish

View :Bearish

Strategy : Buy Future

Strategy : Sell Future

Target1 :1030 Target 2 : 1040

Target 1 : 396.50 Target 2 : 394

Stop loss : 1010

Stop loss : 402.50

Market Lot : 250 CMP : 1009.50

Market Lot : 1000 CMP : 401.55

STOCK ANALYSIS

 

OI addition : We saw long build-up in Century textile,Bata india,Hdfc, Indusind bank and Idea while short build up was seen in Hdil, Canara bank,Infosys,Hdfc bank and Pnb OI Shedding : We saw short covering in Lic housing fin,Reliance,Sunpharma,Tatacomm and Ktk bank while long closure was seen in Hindalco, Idfc, Dlf, Exid ind and Pfc

OPEN INTEREST ACTIVITY LONG BUILD UP

SYMBOL

OI (LOTS)

% CHNG

SHORT BUILD UP

PRICE

%CHNG SYMBOL

CENTURY TEXTILE

6039000

26.0

642.70

10.7

HDIL

HDFC

611000

8.9

1008.00

2.6

INDUSIND BANK

5872000

6.4

562.25

BHARTIARTL

12378000

4.1

ITC

24800000

4.1

YOUR MINTVISORY

OI %CHNG (LOTS)

PRICE %CHNG

29384000

9.3

93.55

4.5

CANARA BANK

9102000

7.2

400.05

3.1

3.3

INFOSYS

3104000

7.0 3216.00

1.4

338.35

0.4

AUROPHARMA

9221000

2.1

722.70

2.1

350.75

1.8

HDFC BANK

33570000

1.4

829.15

0.7

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DAILY DERIVATIVES REPORT 221h JULY 2014

F&O TURNOVER INSTRUMENT

NO. OF CONTRACTS

TURNOVER(CR)

PERCENTAGE CHANGE

INDEX FUTURES

280142

10810.19

-

STOCK FUTURES

646871

25402.33

-

INDEX OPTIONS

3212285

123455.68

1.05

STOCK OPTIONS

311654

12019.29

0.47

F&O TOTAL

4450960

171688.15

0.98

NIFTY OPTION OI DISTRIBUTION

8000000

OI Concentration Chart

Open Interest

7000000 6000000 5000000 4000000 3000000 2000000

1000000 0 7900 7800 7700 7600 7500 7400 7300 7200 7100 7000 6900

Strike Price Call OI (APR)

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DAILY DERIVATIVES REPORT 221h JULY 2014

BUY DERIVATIVE PRODUCT

NO.OF CONTRACTS

INDEX FUTURE INDEX OPTION

SELL

AMOUNT IN CRORES

OPEN INTEREST AT THE END OF THE DATE

NO.OF AMOUNT COTRACTS IN CRORES

NO. OF CONTRACTS

AMOUNT IN CRORES

36992

1413.95

46745

1789.11

340571

13069

347004

13183.31

333793

12702.06

1744356

66862

76795

2830.56

66619

2512.63

1549590

56280

78569

2960.44

77707

2933.04

118998

4441

STOCK FUTURE STOCK OPTION

MOST ACTIVE CALLS Instrument Type

Symbol

Expiry Date

Option Type

Strike Price

LTP

Traded Volume (Contracts)

Traded Value (Lakhs)

OPTSTK

RELIANCE

31JUL2014

CE

1,000

15.40

9,832

25,049.48

OPTSTK

SBIN

31JUL2014

CE

2,600

22.50

8,367

27,563.62

31JUL2014

CE

2,500

14.80

3,331

10,463.92

31JUL2014

CE

1,500

22.50

3,020

11,528.93

31JUL2014

CE

3,300

22.00

2,952

12,275.71

OPTSTK TCS OPTSTK ICICIBANK OPTSTK

INFOSYS

MOST ACTIVE PUTS Instrument Type

Symbol

Expiry Date

Option Type

Strike Price

LTP

Traded Volume (Contracts)

Traded Value (Lakhs)

OPTSTK

RELIANCE

31JUL2014

PE

1,000

17.00

3,518

8,924.81

31JUL2014

PE

2,500

34.50

2,954

9,333.53

31JUL2014

PE

2,300

6.00

1,866

5,383.41

31JUL2014

PE

940

1.60

1,612

3,793.24

31JUL2014

PE

2,000

34.25

1,358

6,910.42

OPTSTK

SBIN

OPTSTK OPTSTK OPTSTK

TCS RELIANCE AXISBANK

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DAILY DERIVATIVES REPORT 221h JULY 2014

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