Page 1

05.10.2011

NIFTY SNAPSHOT Nifty Spot Nifty Oct Nifty Nov Chg. OI (Oct) (%) Chg. OI (Nov) (%) Implied Volatility (%) Nifty Support Nifty Resistance 50 Day EMA 100 Day EMA 200 Day EMA Put-Call Ratio Historical Volatility (%) Volatility Index

DAILY CHART: NIFTY CURRENT 4772.15 4779.00 4794.00 5.26 11.16 35.15 4580 4900 5193 5248 5389 1.53 32.50 37.19

PREVIOUS 4849.50 4857.75 4871.35 -0.32 8.76 34.05 4720 5000 5106 5257 5395 1.61 32.47 35.07

NIFTY STRATEGY

NIFTY-TECHNICAL OUTLOOK

We recommend the following trading strategy:

Today the markets are likely to open on flat note on back of negative global cues. All emerging markets are trading negative.

Buy 1 Lot Oct Month Nifty 4900 CE around 100. Buy 1 Lot Oct Month Nifty 4700 PE around 135. Lot size: 50

The coming session is likely to witness a range of 4580 on declines and 4900 on advances.

Max Profit: Unlimited Max Loss: 11750 (235*50)

WORLD MARKET COMMENTARY Yesterday all leading American indices like Dow Jones Industrial Average, NASDAQ index and the S&P 500 (SPX) ended in green. Dow was up by 1.44% and closed at 10808; S&P 500 was up by 2.25% at 1124. European indices ended in red with FTSE down by 2.58%, DAX was down by 2.98% & CAC 40 was down by 2.61%. Today major stock markets in Asia are trading mixed. Shanghai Composite is down by 0.25% at 2359 and Hang Seng is down by 3.40% at 16250. Japan’s Nikkei is down by 0.83% at 8385 and Singapore’s Straits Times is up by 0.17% at 2535.

Singapore Nifty future is currently up by 3 points at 4782.

SECURITY IN BAN PERIOD GITANJALI is in ban period for trade date Oct. 05, 2011 F&O segment.


FII’S ACTIVITY IN F&O IN LAST TEN SESSIONS (DERIVATIVE SEGMENT)

FII’S ACTIVITY IN F&O IN LAST TEN SESSIONS (DERIVATIVE SEGMENT)

3000 2500 2000 1500 1000 500 0 -500 -1000 -1500

Buy 52.13%

Sell 47.87%

21- 22- 23- 26- 27- 28- 29- 30- 03- 04Sep Sep Sep Sep Sep Sep Sep Sep Oct Oct

BASIS GAP IN NIFTY

NIFTY TOTAL OPEN INTEREST

15 Call

5300

5200

5100

21- 22- 23- 26- 27- 28- 29- 30- 03- 04Sep Sep Sep Sep Sep Sep Sep Sep Oct Oct

5000

-10

4900

a

4800

-5

4700

0

4600

5

Put

8000000 7000000 6000000 5000000 4000000 3000000 2000000 1000000 0 4500

10

NIFTY CHANGE IN OPEN INTREST

 FII’s are net sellers in (F&O segment) last session by INR 525.37 crores.

Call

1200000 1000000 800000 600000 400000 200000 0 -200000 -400000 -600000

 Nifty Oct Futures closed at a premium of 6.85 points.  Maximum Call for Oct month stands at the levels of 5200.  Maximum Put for Oct month stands at the levels of 4700.  Nifty closed down by 1.60% and open interest 5300

5200

5100

5000

4900

4800

4700

4600

4500

added by 5.26%.


STOCK REC0MMENDATIONS VIPIND View: Bullish C.M.P: 870.00

On daily chart the stock is moving in an upward channel, it closed with a bullish candle with increase in volumes. Momentum oscillators are neutral to positive. We recommend to: Buy Oct. Fut. Around: 872.00 Stop Loss: 864.00 Target: 888.00 Lot size: 500

ZEELTD View: Bearish C.M.P: 115.00

On daily chart there the stock is showing weakness against the market. Momentum oscillators are neutral to negative. We recommend to: Sell Oct. Fut. Below: 114.00 Stop Loss: 116.00 Target: 110.00 Lot size: 2000

CENTURYTEX View: Bearish C.M.P: 285.00

On daily chart there the stock is showing weakness against the market. Momentum oscillators are neutral to negative. We recommend to: Sell Oct. Fut. Below: 284.00 Stop Loss: 287.00 Target: 278.00 Lot size: 1000


For Any Query or Suggestions email at researchfeedback@smcindiaonline.com

Analyst Asmita Satyendra asmitasatyendra@smcindiaonline.com

Disclaimer : This report is for the personal information of the authorized recipient and doesn’t construe to be any investment, legal or taxation advice to you. It is only for private circulation and use .The report is based upon information that we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such. No action is solicited on the basis of the contents of the report. The report should not be reproduced or redistributed to any other person(s)in any form without prior written permission of the SMC. The contents of this material are general and are neither comprehensive nor inclusive. Neither SMC nor any of its affiliates, associates, representatives, directors or employees shall be responsible for any loss or damage that may arise to any person due to any action taken on the basis of this report. It does not constitute personal recommendations or take into account the particular investment objectives, financial situations or needs of an individual client or a corporate/s or any entity/s. All investments involve risk and past performance doesn’t guarantee future results. The value of, and income from investments may vary because of the changes in the macro and micro factors given at a certain period of time. The person should use his/her own judgment while taking investment decisions. Please note that we and our affiliates, officers, directors, and employees, including persons involved in the preparation or issuance if this material;(a) from time to time, may have long or short positions in, and buy or sell the securities thereof, of company (ies) mentioned here in or (b) be engaged in any other transaction involving such securities and earn brokerage or other compensation or act as a market maker in the financial instruments of the company (ies) discussed herein or may perform or seek to perform investment banking services for such company(ies) or act as advisor or lender/borrower to such company(ies) or (c) may have any other potential conflict of interest with respect to any recommendation and related information and opinions. All disputes shall be subject to the exclusive jurisdiction of Delhi High court.

SMC Global Derivative 05-10-2011  

SMC offers online update on derivatives informations , derivatives trading, derivatives futures, equity derivatives, commodity derivatives,...

Advertisement