Market outlook stoplosstrade 22 aug 2013

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Market outlook stoplosstrade 22 aug 2013

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Market outlook stoplosstrade 22 aug 2013

  1. 1. 22-08-2013 © Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com Daily Market Insight Outlook for the day After Friday's carnage, there has been a downward shift in the Nifty's range and Wednesday's fall seems to be confirming this view. If Nifty ends August below the 5,450 mark, it is likely to enter into a new medium-term trading band of 4,900-5,500. The S&P BSE Sensex ended down 340 points to close below 18,000 level, while the Nifty closed above psychological mark of 5,300 as the rupee continued to remain under pressure ahead of the US FOMC minutes on bond buying programme. The 50-share index ended at 5,302.55, down 98.90 points or 1.83 per cent. It touched a high of 5,504.10 and a low of 5,268.45 in trade today. The S&P BSE Sensex closed at 17,905.91, down 340.13 points or 1.86 per cent. It touched a high of 18,567.70 and a low of 17,807.19 in trade today. The S&P BSE Midcap Index was down 1.21 per cent and BSE S&P Smallcap Index dropped 0.71 per cent. Among the sectoral indices, the S&P BSE Realty Index was down 3.95 per cent, the S&P BSE Metal Index was 3.66 per cent lower and the S&P BSE Oil & Gas index slipped 3.43 per cent. INDICES LTP Change % Change NIFTY 5302.55 -98.90 -1.83% SENSEX 17905.91 -340.13 -1.86% CNX SMALLCAP 2604.65 -27.60 -1.05% CNXMIDCAP 6485.40 -95.75 -1.45% BANKNIFTY 9264.40 45.45 0.49%
  2. 2. 22-08-2013 info@stoplosstrade.com Daily Market Insight Option Strategy- NIFTY OPTION OPEN INTEREST CHART NIFTY OPTION OPEN INTEREST CHANGE CHART The option data suggests that the market participants are currently visualizing the 5700 mark on the higher side. Very high CALL writing at 5700 Strike price will stop market to move beyond 5700 mark. On the other side we can see equal PUT writings on 5400 to 5300 strike price. This indicates that NIFTY down move would be restricted below 5300 mark. Last session’s option data indicated that NIFTY can have a range of 5300 and 5700 in near term. © Copyright 2012, HBJ Capital Services Pvt. Ltd. 0 1000000 2000000 3000000 4000000 5000000 6000000 7000000 8000000 5200 5300 5400 5500 5600 5700 5800 5900 6000 6100 CALL OI PUT OI -1000000 -500000 0 500000 1000000 1500000 2000000 2500000 5200 5300 5400 5500 5600 5700 5800 5900 6000 6100 CALL OI CHANGE PUT OI CHANGE
  3. 3. 22-08-2013 Daily Market Insight Derivative Info © Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com Decrease In Open Interest Symbol Prev. OI Curr. OI %Chg. OI Curr. Price %Chg. Price BIOCON 1873 1512 -19.27% 336.55 -2.12% FINANTECH 3796 3181 -16.20% 129.45 -2.67% JPPOWER 3044 2590 -14.91% 12.7 -8.96% YESBANK 33008 28788 -12.78% 255.5 4.71% CESC 728 660 -9.34% 281.05 1.68% Decrease In Open Interest & Increase In Price Symbol Prev. OI Curr. OI %Chg. OI Curr. Price %Chg. Price YESBANK 33008 28788 -12.78% 255.5 4.71% CESC 728 660 -9.34% 281.05 1.68% INDUSINDBK 16949 15668 -7.56% 358.3 5.35% PFC 4035 3770 -6.57% 115.5 1.40% IOC 2172 2039 -6.12% 205.55 0.07% SELL CESC SELL YESBANK Increase In Open Interest Symbol Prev. OI Curr. OI %Chg. OI Curr. Price %Chg. Price ITC 20431 26212 28.30% 300.1 -4.70% POWERGRID 3554 4322 21.61% 97.15 0.88% TATAPOWER 1753 2090 19.22% 73.4 0.00% ASIANPAINT 2969 3443 15.96% 413.85 -0.86% ULTRACEMCO 5620 6497 15.60% 1613.05 -1.59% SELL ITC Increase In Open Interest & Decrease In Price Symbol Prev. OI Curr. OI %Chg. OI Curr. Price %Chg. Price ITC 20431 26212 28.30% 300.1 -4.70% ASIANPAINT 2969 3443 15.96% 413.85 -0.86% ULTRACEMCO 5620 6497 15.60% 1613.05 -1.59% ACC 2699 3092 14.56% 1009.1 -6.18% ONGC 10598 11973 12.97% 251.1 -2.60% SELL ACC
  4. 4. 22-08-2013 Daily Market Insight © Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com DISCLAIMER: This report has been prepared for private circulation and the content has been obtained from various sources believed to be reliable, but we do not hold ourselves liable for its completeness and accuracy. HBJ Capital Services Pvt. Ltd, STOPLOSSTRADE and any of its employees shall not be responsible for the content and actions taken on the basis of this content. This is not an offer to sell or solicitation to buy any securities. Users are advised to use the data for purposes of information only and rely on their own judgment while making investment decisions. Daily Market Insight is an Informative Newsletter, powered by STOPLOSSTRADE [www.stoplosstrade.com | www.stoplosstrade.in] About STOPLOSSTRADE - A decade old financial advisory services firm with a vision to simplify the complex world of the financial markets. It provides a wide range of services nationwide to a substantial and diversified client base that includes retail clients, HNI’s, corporates and financial institutions. STOPLOSSTRADE is a 100% subsidiary of HBJ Capital Services Pvt. Ltd. Complete details can be found on [www.stoplosstrade.com | www.stoplosstrade.in ] About HBJ Capital - HBJ Capital was founded in 2005 as an Equity research firm and currently has grown to become a Financial Services provider.HBJ Capital has core competencies in Equity Research, Corporate Consultancy and Private Equity. The company is one of the leaders in Equity research domain and provides services to retail clients, HNI’ s, FII’s, Hedge Funds and Brokerage partners. Complete details can be found on www.hbjcapital.com
  5. 5. 22-08-2013 Daily Market Insight Corporate Office (Bangalore) Stoplosstrade (SLT) #912, 1st F Main, Girinagar 2nd Phase, BSK 3rd Stage, Bangalore -85; LandMark: Near Sai baba Temple Phone: 080 65681133/34 Mobile: +91-9886403791/+080 – 6 999 999 2 E-Mail: info@stoplosstrade.com Bangalore Branch Office: Stoplosstrade (SLT) #578, Shree Durga Arcade, 2nd Floor Girinagar 2nd Phase, 6ty Block, BSK III stage, Bangalore – 560 085 LandMark: Above AXIS Bank Mobile: +91-9886403791/080-6 999 999 2 E-Mail: info@stoplosstrade.com New Delhi Branch Office: #I-2 (3rd Floor), Central Market (Next to KFC ) Lajpat Nagar -2, New Delhi -110019 Ph-011 64780080/79/78/77/76 Mobile: +91 – 9718979319 [24X7] Contact: Mr. Abhishek Kumar Singh, Operation Head (New Delhi, NCR) www.stoplosstrade.in www.stoplosstrade.com www.hbjcapital.com © Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com

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