Transcript of "Keynote derivatives daily report for 310512"
Daily DerivativesOutlook 31st May 2012 Nifty Analysis Equity Index and Currency OverviewMax Call OI 5000 5100 5200 Nifty saw short buildup with widening discount as NiftyMax Put OI 4900 4800 5000 rolls reached 44%, with June futures at parity with May. 4900 to 5100 CEWriting 4800 PE Bank Nifty saw short buildup with widening discount andBuying 4900 PE rising open interest. The Bank Nifty rolls were at 58%, 5100 to 5400 CE with June futures at discount compared to May.Unwinding 5000 to 5600 PEEquilibrium 4950(down 50) USD/INR saw long unwinding with open interest falling byFutures 8%.The equilibrium went up sharply to 56.5 with the ATMDiscount Discount 17vs Discount 8 IVs shooting up by 3.5% to 12.75% as directionalFutures OI Up 2%- Short Buildup momentum returned to the currency.India VIX 25.3 up by 5% STOCK FUTURES Bank Nifty Analysis Long Buildup ( Bullish) : ACC, PTC, Skumar, Tech Mahindra, ZeeMaxCall OI 9500 9600 9700Max Put OI 9000 9500 9100 9500 to 9800 CE Long Unwinding (Bearish) :Writing Ambuja Cement, Crompton, Sun Pharma 9100 and 9200 PEBuying 9400 and 9500 PE Short Buildup ( Bearish) : 9000 to 9400 CEUnwinding 9600 to 10000 PE AB Nuvo, Andhra, APIL, Canara Bank, Colgate, DLF, GAIL, ICICI, IVRCL, Mcdowell, PNB, Ruchi, UCO, Union,Equilibrium 9500 (unchanged) VijayaFuturesDiscount Discount 63vs Discount 54 Short Unwinding ( Bullish) :Futures OI Up 7% – Short Buildup Ashok, Auro, Bata, BPCL, Delta, HDIL, IDBI, IFCI, IOC, OBC, Praj, Punj, Rel Capital, Renuka, TVS, Unitech, VIP USD/INR Analysis 56 57 56.5Max Call OI Top Rollover Stocks ( Roll % above 75%):Max Put OI Alok, Bharat Forge, Core, GujFluoro, JSW Energy, 56.5 56 55 Mcleod, Pantaloon, Piramal, Raymond, Ruchi, Sterlite,Equilibrium 56.5 (up by 1.25) Tata Comm, TVS Motor, WelcorpFuturespre Premium 0.52vs Discountmium 0.01 Bottom Rollover Stocks ( Roll % below 30%) : Down by 8%(LongFutures OI unwinding) Asian Paints, Bhusan Steel, Colgate, Federal, GMDC, 12.75 vs 9.29 ( up by SobhaATM IV 3.46) SOURCE – NSE Keynote Capitals Ltd. th The Ruby, 9 Floor, SenapatiBapatMarg, Dadar (W), Mumbai, India – 400028. Tel: 3026 6000 / 2269 4322
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