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Rollover Report
                                                                                                             India Research
                                                                                                                      Aug 27, 2010

BANKNIFTY (73.36%) has witnessed less rollovers compared to 3-months average and also in absolute
open interest terms whereas Nifty (76.35%) has observed high rolls in both the form. Market wide
rollover also has been healthy at 82.73%. Options data suggest that there is no significant deviation of
trading range which prevailed in August series except that the range has widen to 5200 on lower side
and 5600 on the higher side. FIIs have pumped in significant liquidity in last two series and are now
showing signs of exhaustion. We don’t expect fund flow from them to continue at same pace. The
reason for the same being weak western markets, bounce in dollar, fall in crude which are barometers
of movement in liquidity and also they have now started shorting index futures along with put buying
which was not the case earlier. Having said this, we are not expecting a crash in the market and will
stick to the range of 5200-5600 and trade accordingly. Less rollovers in banking index indicates that its
time to take profit in this space.

Indices Change                                                      NIFTY & PCR Graph
                                   Price
                                 Change                   3 month
 INDEX                Price          (%)     Rollover        avg.

 NIFTY            5477.90           1.28       76.35        70.94
 BANKNIFTY       10981.70           7.88       73.36        76.58
 MINIFTY          5477.90           1.28       70.22        67.55
 NFTYMCAP50       2858.60           2.41        0.00        -
 CNXIT            6116.15          (0.59)      47.51        56.32



Monthly Gainers                                                     Monthly Losers
                                    Price                      Ol                                      Price                       Ol
                                  Change         Open     Change                                     Change          Open     Change
 Scrip                   Price        (%)      Interest       (%)   Scrip                    Price       (%)       Interest       (%)

 RUCHISOYA             131.35       30.05 13458000         40.60    STER                   151.65     (15.11) 44950000         38.23
 VIDEOIND              265.50       26.85    5795000       (1.24)   SUZLON                  48.20     (14.46) 89040000         (3.70)
 TATACOMM              333.45       23.32    2139000         5.16   PUNJLLOYD              110.50     (13.44) 27124000         47.16
 UCOBANK               112.85       22.33 14880000         15.74    SESAGOA                320.95     (13.14) 15409500         (1.18)
 HINDPETRO             525.40       21.40 11353000        (15.95)   NAGARCONST             152.90     (12.73)    5550000       52.39
Note: Stocks which have more than 1000 contract in Futures OI.      Note: Stocks which have more than 1000 contract in Futures OI.



Sector-wise Open Interest and Rollover




SEBI Registration No: INB 010996539                                                       For Private Circulation Only               1
Derivative Report | India Research




Banking and Financials

                                                       Counters where long positions are not rolled over
                                                         to next series in this space are INDIANB (68.32%),
                                                         BANKINDIA (70.02%) and PFC (77.24%).

                                                       Midcap Banks which witnessed rise in OI along
                                                         with healthy rolls are VIJAYABANK (86.03%), UCO
                                                         (84.60%), SYNDIBANK (83.98%) and DENABANK
                                                         (83.75%). Expect long unwinding in them at every
                                                         rise.

                                                       All the large-cap counters have added substantial
                                                         open interest month-on-month with rise in prices.
                                                         Aggressive traders can adopt buying puts strategy
                                                         in them.




Oil and Gas
                                                       RELIANCE (85.98%) has seen very high rollovers.
                                                        The increase in positions and fall in prices
                                                        indicates shorts have got rolled over. Stock is on
                                                        the lower side of the trading range. Square off
                                                        shorts and form long positions.
                                                       Long traders have not rolled their positions in
                                                        PETRONET (57.28%) as rollover figures are very
                                                        less. 115-120 is strong resistance zone. We would
                                                        advise shorting in this range.
                                                       GTOFFSHORE (92.12%) and ESSAROIL (89.22%)
                                                        have underperformed and have seen significant
                                                        addition in OI. 360 and 120 are tentative
                                                        supports. Avoid fresh shorts and risk takers can
                                                        take contra call in them around supports.




Metal and Mining
                                                        Heavy weights of this space viz. STER (84.97%),
                                                          SAIL (79.47%) and TATASTEEL (79.89%) have
                                                          accumulated substantial short positions as their
                                                          prices corrected. Their support levels are around
                                                          148, 180 and 485 respectively. Buy near support.
                                                        JINDALSAW (92.28%) and ISPATIND (91.84%)
                                                          witnessed very high rollovers while HINDZINC
                                                          (60.34%) has shown very less rollover with decline
                                                          in open interest.
                                                        Counters    like BHUSANSTL (76.58%) and
                                                          JINDALSTEL (77.78%) have shown good price
                                                          action but have not rolled over long positions.
                                                          Both are near their resistance zone.



For Private Circulation Only   SEBI Registration No: INB 010996539                                        2
Derivative Report | India Research




Information Technology
                                                      Combination of high rollovers and rise in open
                                                        interest with rising volumes indicates that MPHASIS
                                                        (92.27%) may have a good series. Dips till 600
                                                        should be used to accumulate this stock.
                                                      In heavy weights WIPRO (83.94%) has been
                                                        underperformer and TCS (74.95%) is near to its
                                                        strong resistance of 880. Avoid these counters.
                                                        INFOSYSTCH (79.05%) has strong support around
                                                        2720 levels; keep eye on it.
                                                      HCLTECH (68.81%) has reduced open interest
                                                        while rollovers are very less. We suggest booking
                                                        profits in long positions in this counter.




Auto and Auto Ancillary
                                                      BAJAJAUTO        (88.08%)      and     TATAMOTORS
                                                        (79.72%) have outperformed in respective spaces
                                                        and shown good rollovers. Positions are slightly on
                                                        the heavier side so use declines to enter.
                                                      MARUTI     (76.38%) has reduced open interest
                                                        substantially and rollovers are marginally less. We
                                                        believe contra buying can wait in this counter.
                                                        1260-1280 is good resistance zone, short around
                                                        those levels.
                                                      APOLLOTYRE       (81.55%) has strong resistance
                                                        around 78-80 zone. Long unwinding is visible at
                                                        higher levels. Square off longs in it. Near
                                                        resistance aggressive traders can go short.




Infrastructure
                                                      Major underperformer in market, this space has
                                                        added lots of short positions in names like
                                                        RELINFRA (91.39%), NAGARCONST (89.66%) and
                                                        PATELENG (86.70%). RELINFRA is good buy in the
                                                        range of 970-980 levels while PATELENG too may
                                                        witness short covering around 360 levels.
                                                      HCC (93.29%) and GMRINFRA (92.81%) have
                                                        witnessed significant rollovers.
                                                      JPASSOCIAT (86.99%) and PUNJLLOYD (84.01%)
                                                        too have accumulated shorts positions but we don’t
                                                        expect any meaningful covering in them.




For Private Circulation Only   SEBI Registration No: INB 010996539                                        3
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                                  Price                        OI                                              Average
                                 Change                      Change                                Rollover    Rollover
Scrip                   Price      (%)        OI Futures       (%)       COC (%)        PCR-OI      Over      (3month)


                                               AUTO & AUTO ANCILLARIES


APOLLOTYRE               74.00     17.46      10212000        (15.21)         8.46          0.40      81.55      86.59
ASHOKLEY                 71.00     (1.32)     15032000           3.16         9.55          0.16      74.29      77.84
BAJAJ-AUTO            2779.40       3.10         730750       (11.85)         8.65          0.93      88.08      82.54
BHARATFORG              354.10      9.24       5652000          13.11         9.57          0.33      94.13      91.41
BOSCHLTD              5802.95       3.52          53625       283.04         17.20          0.00      47.79      63.58
EXIDEIND                146.30      2.92       1726000           9.24        11.41          0.00      82.85     N/A
HEROHONDA             1846.85      (1.46)      2731375          (1.96)     (19.71)          3.47      79.46      75.72
M&M                     619.10     (3.85)      8040750          14.68         2.11          0.16      82.02      81.23
MARUTI                1227.20       2.46       4043500        (21.80)         3.99          1.04      76.38      80.79
TATAMOTORS              997.40     15.08      16906000          72.35         7.37          0.75      79.72      76.94


                                                BANKING & FINANACIALS


ALBK                    211.60      8.76       3414000          20.47         6.65          1.38      71.76      76.10
ANDHRABANK              157.20     12.05       4916000           7.34        10.28          0.26      83.65      73.91
AXISBANK              1367.80       0.16       5016500        (15.32)        (0.61)         0.72      78.33      77.64
BANKBARODA              829.50     12.98       2497500           4.13        (7.35)         0.31      77.90      76.36
BANKINDIA               463.90     12.87       3566000          (7.78)        3.26          0.24      70.02      75.29
CANBK                   511.30      5.24       2619000          12.31         9.38          0.00      87.44      75.61
DENABANK                104.70      5.97      10164000          33.81         9.46          0.14      83.75      79.32
FEDERALBNK              345.50     (1.82)      1931000          39.62        (4.83)         0.63      88.87      82.50
HDFC                    628.45      5.55      10999375           7.90         1.58          0.75      77.53      72.00
HDFCBANK              2178.35       3.70       5459875          18.27         1.39          1.34      71.96      74.46
ICICIBANK               983.55      5.91      22704750          16.78        (3.18)         0.71      75.00      73.76
IDBI                    125.15      5.66      21074000          10.45        10.00          0.19      86.18      89.47
IDFC                    183.30     (3.14)     17574000          (7.72)        8.53          0.19      81.85      75.59
IFCI                     59.95     (5.96)     96860000          (7.30)       (6.96)         0.17      92.71      89.35
INDIAINFO                95.70      3.18      11932000        (27.86)        10.90          0.10      87.86      89.93
INDIANB                 253.55     12.49       1168000        (42.86)         6.38          0.29      68.32      79.69
IOB                     127.35     11.13       4628000          34.85         9.83          0.22      77.96      85.43
JINDALSWHL            1776.25       0.96         253125         28.82        12.18          0.00      88.49     N/A
KOTAKBANK               839.90      9.81       3463500          (9.78)        4.16          0.74      73.62      76.97
LICHSGFIN             1207.65       7.07       2806500          17.16         9.41          0.48      86.62      89.05
ORIENTBANK              440.70     16.54       2432000           0.54         7.22          1.44      81.00      73.82
PFC                     336.65      6.79         984000       (57.49)         4.49          0.71      77.24      74.96
PNB                   1218.30      15.30       2643750          30.89        (8.26)         1.10      75.84      77.95
RECLTD                  327.65      7.90       5567000           7.68         3.34          0.48      84.53      83.43
RELCAPITAL              763.85     (2.40)      8338500           6.40      (13.58)          0.31      91.67      85.95



For Private Circulation Only                SEBI Registration No: INB 010996539                                       4
Derivative Report | India Research



                                  Price                       OI                                               Average
                                 Change                     Change                                Rollover     Rollover
Scrip                  Price       (%)       OI Futures       (%)        COC (%)       PCR-OI      Over       (3month)
SBIN                  2866.15      15.90       6550000         28.97        (7.31)         1.52       72.99      75.14
SYNDIBANK              113.60      10.78       7464000         91.98        11.02          0.14       83.98      81.57
UCOBANK                112.85      22.33     14880000          15.74          7.85         0.64       84.60      83.02
UNIONBANK              348.15      10.38       2467000        (32.00)       (3.89)         0.00       76.37      63.57
VIJAYABANK               81.85     16.85     20096000          22.54        10.83          0.42       86.03      83.22
YESBANK                326.00      11.64       4931000        (25.23)         7.04         0.46       87.51      82.52

                                                     CAPITAL GOODS

ABB                    772.15      (8.96)     1467000         (15.90)      (10.26)         0.32       69.56      67.50
APIL                   744.00       7.18       514500           (0.58)        8.34         0.00       78.72      82.38
BEL                   1686.15      (5.21)      355750          49.95          5.78         0.00       89.39      80.25
BEML                  1002.35      (0.60)      242750         (10.84)       11.65          0.00       81.98      86.10
BGRENERGY              786.85      10.83       483000           (3.11)        2.98         0.00       71.95      70.58
BHEL                  2487.25       1.03      2778000          19.73         (3.88)        1.09       80.61      81.76
CROMPGREAV             305.95      10.85      1333000           (6.72)        4.43         0.10       79.29      79.31
CUMMINSIND             708.75      15.51       320500            6.13         6.55         0.00       80.03      71.30
LT                    1864.75       2.57      4646875            2.05         0.28         0.75       75.31      74.52
PRAJIND                 76.25      (0.97)    13716000            3.47         9.57         0.20       86.15      88.24
SIEMENS                717.65      (0.47)     1718500          55.45          2.76         0.40       74.02      68.79
VOLTAS                 206.55      (0.53)     1896000         (33.15)         6.06         0.00       73.73      75.01

                                                          CEMENT

ACC                    868.20       3.25      2037000            9.27        (9.49)        1.27       82.35      80.16
AMBUJACEM              122.10       1.50     28836000          45.21       (25.20)         0.35       80.97      81.97
GRASIM                2045.85      10.62       519875         (35.54)         9.07         0.83       87.91      80.80
INDIACEM               107.30       2.00     11762000         (24.00)       11.18          0.48       93.78      95.37
ULTRACEMCO             933.35       7.31      1319750           (8.68)     (15.53)         0.24       72.61      86.87

                                                CHEMICAL & FERTILIZERS

CHAMBLFERT              67.60      (1.46)    11600000          28.77        11.57          0.12       88.34      84.55
NAGARFERT               30.45      (1.14)    39168000          15.91        11.99          0.05       88.75      89.34
TATACHEM               390.25      21.18      3231000          72.97        10.29          0.67       90.37      78.01
UNIPHOS                186.75       4.27      7508000         (15.43)        7.54          0.00       88.63      86.97

                                              CONSUMER GOODS & FMCG

ASIANPAINT            2742.90       4.94        87000          76.65         9.58          1.00       71.41      67.91
COLPAL                 824.90      (2.32)      404000         (10.72)        4.87          0.00       63.49      76.59
HINDUNILVR             265.65       3.57     15106000          12.33        (0.98)         0.96       80.36      76.84
ITC                    163.90       5.71     42886000          34.17         1.27          0.97       77.08      72.86
KSOILS                  50.25      (5.01)    23132000          12.51        12.45          0.00       89.81      91.35
MCDOWELL-N            1393.30      (3.39)     1346000         (12.92)        2.10          0.00       88.41      87.53
MCLEODRUSS             243.60       7.34      4802000           4.50         8.99          0.00       90.11      90.52

For Private Circulation Only                SEBI Registration No: INB 010996539                                       5
Derivative Report | India Research




                                   Price                        OI                                                Average
                                  Change                      Change                                  Rollover    Rollover
Scrip                  Price        (%)         OI Futures      (%)         COC (%)       PCR-OI       Over      (3month)


RUCHISOYA              131.35       30.05       13458000         40.60          3.18          0.17       87.86     N/A
TATAGLOBAL             118.15        1.33        9982500         15.71          9.71          0.09       87.35      82.49
TITAN                 2980.15        5.96         478000         53.76          9.38          0.88       83.81      78.66

                                                             HOTEL

HOTELEELA               50.90        4.52        7088000         11.45         12.29          0.15       82.05      83.34
INDHOTEL               104.25        3.32       14996000         77.43          8.50          0.13       90.88      85.58

                                                      INFRASTRUCTURES

GMRINFRA                  59.90       4.45      45332000         11.04         10.45          0.09       92.81      93.60
GVKPIL                    46.20       6.57      22488000         22.86         12.41          0.10       85.59      86.66
HCC                       61.85      (3.92)     24560000         12.50         10.96          0.06       93.29      84.61
IVRCLINFRA               161.40      (5.23)      5799000          (2.67)        3.55          0.05       84.58      89.78
JPASSOCIAT               114.25      (3.55)     40460000           8.09         9.13          0.20       86.99      86.11
LITL                      71.35     10.71       18188000        (11.43)         7.31          0.14       91.16      86.22
MUNDRAPORT               793.95     10.08         928500        (17.98)         6.90          0.00       86.75      90.60
NAGARCONST               152.90    (12.73)       5550000         52.39          8.87          0.00       89.66      76.42
NOIDATOLL                 34.65     10.88       10792000        (18.24)         7.52          0.03       88.44      89.02
PATELENG                 373.75    (10.31)       1270500        120.00         10.32          0.00       86.70      87.97
PUNJLLOYD                110.50    (13.44)      27124000         47.16         10.38          0.14       84.01      89.89
RELINFRA                1003.55    (11.24)       9919750         16.68         10.29          0.16       91.39      90.56

                                               INFORMATION TECHNOLOGY

COREPROTEC               250.50      (4.83)       9914000           3.25         6.04         0.00       94.76     N/A
EDUCOMP                  565.80      (8.69)       5945500         96.48         (7.56)        0.13       73.41      82.56
FINANTECH               1363.60     14.12         1049250        (10.97)         9.02         1.00       82.13      91.17
FSL                       25.35       1.00       35376000          (7.08)      12.34          0.13       89.46      88.86
HCLTECH                  413.90       9.48        3033000        (15.47)         0.13         0.34       68.81      76.30
HEXAWARE                  71.00    (13.52)        3044000        (18.00)       11.75          0.00       79.89     N/A
ICSA                     129.45      (1.18)       6436000           4.28       10.47          0.07       93.16      93.55
INFOSYSTCH              2765.65      (2.38)       4354875         38.96         (3.83)        0.31       79.05      69.01
MOSERBAER                 63.90       0.71        7220000         16.98          1.63         0.05       89.25      90.19
MPHASIS                  622.85       3.94        2424500         46.50        10.46          0.22       92.27      82.76
OFSS                    2097.15       0.50         265625         16.25        10.99          0.00       90.68      85.00
PATNI                    546.70     16.38         3883500         57.77       (14.88)         0.34       77.52      77.64
POLARIS                  170.55      (2.74)       4700000          (2.49)        8.87         0.38       85.57      86.20
ROLTA                    166.30      (1.33)       3292000          (6.05)      10.35          0.02       81.17      75.73
TCS                      876.50       3.12        7158000         11.43          1.31         1.10       74.95      71.45
TECHM                    668.40      (4.87)       1963000           2.65       11.39          0.14       85.97      82.69
WIPRO                    399.80      (4.04)       7044681         33.86          0.39         0.25       83.94      76.42

For Private Circulation Only                  SEBI Registration No: INB 010996539                                        6
Derivative Report | India Research




                                  Price                          OI                                               Average
                                 Change                        Change                                Rollover     Rollover
Scrip                  Price       (%)          OI Futures       (%)       COC (%)       PCR-OI       Over       (3month)

                                                         LOGISTICS

ABGSHIP                234.20      (1.14)         778000         24.48       (6.23)          0.00       86.25      N/A
CONCOR                1312.50      (4.69)          43500          2.35        0.16           0.00       78.16       73.14
EKC                    109.85      (5.26)        8492000         38.26      12.34            0.02       89.64       86.47
GESHIP                 300.45       5.51         1486000          7.60        9.02           0.43       75.50       76.73
KFA                     59.60      16.18        15576000          1.09      11.37            0.06       92.12       92.16
MLL                     50.90      11.14        13864000          1.58        7.17           0.16       89.99       87.45
SCI                    160.60      (0.12)        1866000         85.49     (20.45)           0.21       80.60       72.73

                                                             MEDIA

DCHL                    127.55     (2.89)       6298000           (7.08)     13.08            0.00      65.20       80.65
DISHTV                   50.35     14.56       14200000         (17.75)      (5.18)           0.06      83.21       86.51
RELMEDIA                197.40     (4.43)       3046000            2.08      10.57            0.33      92.42       89.42
SUNTV                   466.45      2.36         546500         147.29       11.63            0.00      83.35       74.25
TV-18                    89.65     15.53        7940000         (17.29)       8.14            0.21      88.06       87.59
ZEEL                    297.45      0.95        2556000          15.76        7.01            0.14      82.16       77.80

                                                     METAL & MINING

BHUSANSTL             1820.10      17.04         317625           (2.90)         2.46         1.67       76.58      81.73
GMDCLTD                120.55        1.99       3518000          10.70          (8.22)        0.16       74.76      N/A
HINDALCO               164.05        1.89      22200000         (15.38)          4.77         0.74       83.01      74.57
HINDZINC              1063.15        6.11        320250         (17.51)          1.18         0.00       60.34      81.80
ISPATIND                17.80        0.56      88803000           (8.42)       11.72          0.17       91.84      89.08
JINDALSAW              205.55        3.60       8390000           (3.47)         3.55         0.11       92.28      89.20
JINDALSTEL             708.55      13.95        6517500           (5.83)         2.58         0.87       77.78      79.52
JSWSTEEL              1125.75       (1.32)      5989000           (5.26)       10.28          0.14       89.69      86.16
NATIONALUM             409.90       (1.70)      2217000         (14.50)       (16.79)         0.38       82.72      77.95
SAIL                   185.30       (9.65)      8708000          15.05           6.19         0.16       79.47      72.71
SESAGOA                320.95     (13.14)      15409500           (1.18)         4.87         0.19       81.84      86.06
STER                   151.65     (15.11)      44950000          38.23           5.50         0.22       84.97      85.74
TATASTEEL              501.85       (5.86)     28851500          27.17           5.30         0.31       79.89      87.86

                                                         OIL & GAS

ABAN                    786.55    (10.43)      3217250           14.50          3.71          0.15       87.65      86.57
BPCL                    763.65     19.53       4120500            (4.44)     (10.38)          0.53       82.27      81.18
CAIRN                   339.40       1.56     19552000           26.02          9.22          0.41       86.04      87.77
CHENNPETRO              251.95      (1.87)     1511000          (18.72)         9.31          0.00       55.13      67.59
ESSAROIL                126.40      (0.75)    22194000           19.32          9.90          0.03       89.22      91.29
GAIL                    446.55      (1.37)     5424000           36.21         (3.27)         0.38       65.52      70.55
GSPL                    113.35       5.79      7416000          (28.66)         3.22          0.27       88.89      81.80

For Private Circulation Only                 SEBI Registration No: INB 010996539                                         7
Derivative Report | India Research



                                  Price                         OI                                               Average
                                 Change                       Change                                Rollover     Rollover
Scrip                  Price       (%)         OI Futures       (%)        COC (%)      PCR-OI       Over       (3month)

GTOFFSHORE             394.40       (3.33)      1631000          13.94         8.99          0.25       92.12      81.70
HINDPETRO              525.40      21.40       11353000         (15.95)      (13.10)         0.67       89.60      88.17
IOC                    404.00      13.83        6444000           (8.52)     (24.52)         0.15       91.62      86.33
MRPL                    76.85        1.92      11692000          25.45        10.86          0.02       86.86      85.89
ONGC                  1289.85        3.47       2917500         (16.71)      (11.80)         0.37       71.19      58.39
PETRONET               109.80      15.70        6432000         (10.96)        7.60          0.61       57.28      73.54
RELIANCE               956.45       (5.32)     35106250          41.97         9.87          0.16       85.98      79.49
RNRL                    37.45     (11.05)      33568000           (7.16)       9.75          0.07       82.24      82.31

                                          PHARMACEUTICAL & HEALTH CARE

AUROPHARMA            1034.65       5.33         1609500         20.29         4.23          0.20       57.33      88.23
BIOCON                 335.15       7.33         2857000          (2.89)      11.20          0.11       88.76      86.77
CIPLA                  307.65      (6.00)        7851000         89.50         2.88          0.20       75.48      74.01
DABUR                  209.00       6.39         2444000        (29.69)        7.98          0.83       76.60      73.04
DIVISLAB               754.25       0.18          670000        (24.63)        8.16          0.00       84.78      75.78
DRREDDY               1339.15      (2.81)        1724750          (4.70)       7.94          0.67       74.43      81.50
FORTIS                 155.80      (0.83)        6100000        (36.38)       11.38          0.09       86.20      84.50
GLAXO                 1873.45      (7.41)         239875         31.17         9.35          0.00       92.86      82.77
LUPIN                 1868.05      (1.80)         710500         62.87        10.66          0.00       87.86      79.99
OPTOCIRCUI             282.05      10.33         1103000        108.51        (6.66)         2.00       84.50      79.29
ORCHIDCHEM             192.40       2.34         5696000           1.68       10.30          0.08       91.40      89.14
PIRHEALTH              496.95       2.16         9950500         25.07         9.34          0.24       95.99      89.87
RANBAXY                480.85       8.80         3259000          (7.87)       7.37          0.47       72.35      84.56
STERLINBIO             106.30      (2.34)        2738000           7.88       10.30          0.00       82.25      72.31
SUNPHARMA             1781.95       0.12          845125         25.27        (6.41)         0.33       78.02      75.62

                                                            POWER

CESC                   385.30        0.01       1226000          53.06         6.77          0.00       85.32      85.17
JPPOWER                 65.10       (5.92)      9168000          32.41        11.21          0.05       89.18      86.24
NEYVELILIG             160.90        2.84       3050000          64.86        11.67          0.16       76.59      85.14
NTPC                   198.55       (0.48)     23661000          15.27        (4.73)         0.24       76.19      85.55
POWERGRID              105.45        5.08      19052000          36.01        (5.93)         0.26       89.85      83.44
PTC                    118.75        7.37       3334000          15.84         0.00          0.00       88.48      86.35
RPOWER                 151.40     (10.15)      31870000          (4.23)       10.33          0.18       88.15      85.81
SUZLON                  48.20     (14.46)      89040000          (3.70)        6.49          0.21       88.77      88.29
TATAPOWER             1271.35       (4.36)      2461500          25.88         3.94          0.06       70.38      85.04

                                                       REAL-ESTATE

DLF                     318.10      2.91       15341000           2.14        (2.79)         0.37       86.50     86.84
HDIL                    271.00      3.06       14396000          17.61         7.70          0.28       92.49     90.60
IBREALEST               173.95      4.82       14350000         (31.18)        9.29          0.21       91.48     89.55
ORBITCORP               125.35     (2.49)       7426000         193.52        11.65          0.00       88.31     N/A
For Private Circulation Only                 SEBI Registration No: INB 010996539                                        8
Derivative Report | India Research




                                 Price                          OI                                             Average
                                Change                        Change                               Rollover    Rollover
Scrip                  Price      (%)         OI Futures        (%)       COC (%)      PCR-OI       Over      (3month)

SOBHA                  351.15      5.85          547000        179.08       12.47          0.00       70.38     N/A
UNITECH                 79.40     (4.34)       71332000         39.81        7.22          0.27       88.06      85.72

                                                           SUGAR

BAJAJHIND              120.95      5.86        11404000        (15.45)       9.05          0.37       90.51       87.42
BALRAMCHIN              87.30      8.99        19716000        (16.50)       9.56          0.21       93.55       94.23
RENUKA                  67.05      6.09        45150000          1.62       12.44          0.18       92.83       86.72
TRIVENI                 99.30     (3.07)        5674000         25.36        8.40          0.06       92.28       87.40

                                                        TELECOM

BHARTIARTL             321.55      1.47        24572000          0.73        (0.16)        0.33       86.57       83.13
GTL                    422.60      1.67         6631500          4.61       12.59          1.00       96.78       95.86
GTLINFRA                46.40      0.87        46808000          8.09         3.37         0.10       91.63       88.48
IDEA                    69.60      1.38        43188000         17.60      (25.47)         0.43       82.78       84.06
MTNL                    62.85     (6.33)       20588000          7.66         9.13         0.07       89.47       88.50
ONMOBILE               331.35    21.35           728000        (44.81)        8.66         0.00       78.71       85.64
RCOM                   159.65   (12.16)        36212000         11.94         7.84         0.21       87.76       86.07
TATACOMM               333.45    23.32          2139000          5.16       10.32          0.75       85.37       80.61
TTML                    23.70      3.95        33750000         18.00       11.00          0.19       84.19       89.35
TULIP                  170.45     (7.74)        1983750        194.43         9.79         0.00       85.82       85.24

                                                           TEXTILE

BRFL                   256.15    (5.41)         5377000        (30.27)       7.74          0.50       70.65       83.43
CENTURYTEX             489.30     7.95          6197000          (1.90)     10.66          0.16       91.68       92.16
WELCORP                238.15    (3.64)        17687000           0.84       6.79          0.00       95.40       93.18

                                                    MISCELLANIOUS

ABIRLANUVO            809.25      4.44          1616250         50.24        9.92          0.13       92.95       89.66
ADANIENT              631.50      8.41          3791000         32.46        8.34          0.00       79.06       82.49
GODREJIND             204.75      5.43          6312000          7.60        9.93          0.40       87.58       85.32
PANTALOONR            462.75      1.55          2594000         (7.39)      11.16          0.00       92.06       86.16
SINTEX                353.00     (6.33)          851000          3.91        8.12          0.00       83.55       77.85
VIDEOIND              265.50     26.85          5795000         (1.24)       7.66          0.06       87.54       89.29
JISLJALEQS           1269.90      6.44           132500         10.19      (11.62)         0.00       79.06       69.46




For Private Circulation Only               SEBI Registration No: INB 010996539                                        9
Derivative Report | India Research




DISCLAIMER:

This document is not for public distribution and has been furnished to you solely for your information and must not be reproduced or redistributed to any other person.
Persons into whose possession this document may come are required to observe these restrictions.
Opinion expressed is our current opinion as of the date appearing on this material only. While we endeavor to update on a reasonable basis the information discussed in
this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and others are cautioned that any forward-
looking statements are not predictions and may be subject to change without notice. Our proprietary trading and investment businesses may make investment decisions
that are inconsistent with the recommendations expressed herein.
The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be true and are for
general guidance only. While every effort is made to ensure the accuracy and completeness of information contained, the company takes no guarantee and assumes no
liability for any errors or omissions of the information. No one can use the information as the basis for any claim, demand or cause of action.
Recipients of this material should rely on their own investigations and take their own professional advice. Each recipient of this document should make such investigations
as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks
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go up or down. Past performance is not a guide for future performance.
Certain transactions - futures, options and other derivatives as well as non-investment grade securities - involve substantial risks and are not suitable for all investors.
Reports based on technical analysis centers on studying charts of a stock's price movement and trading volume, as opposed to focusing on a company's fundamentals and
as such, may not match with a report on a company's fundamentals.
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there may be regulatory, compliance, or other reasons that may prevent Angel Broking and affiliates from doing so. Prospective investors and others are cautioned that
any forward-looking statements are not predictions and may be subject to change without notice.
Angel Broking Limited and affiliates, including the analyst who has issued this report, may, on the date of this report, and from time to time, have long or short positions
in, and buy or sell the securities of the companies mentioned herein or engage in any other transaction involving such securities and earn brokerage or compensation or
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Angel Broking Limited and affiliates may seek to provide or have engaged in providing corporate finance, investment banking or other advisory services in a merger or
specific transaction to the companies referred to in this report, as on the date of this report or in the past.


Sebi Registration No.: INB 010996539




Derivative Research Team                                                                                                  derivatives.desk@angeltrade.com
For Private Circulation Only                                 SEBI Registration No: INB 010996539                                                                         10

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Rollover report aug sep 2010

  • 1. Rollover Report India Research Aug 27, 2010 BANKNIFTY (73.36%) has witnessed less rollovers compared to 3-months average and also in absolute open interest terms whereas Nifty (76.35%) has observed high rolls in both the form. Market wide rollover also has been healthy at 82.73%. Options data suggest that there is no significant deviation of trading range which prevailed in August series except that the range has widen to 5200 on lower side and 5600 on the higher side. FIIs have pumped in significant liquidity in last two series and are now showing signs of exhaustion. We don’t expect fund flow from them to continue at same pace. The reason for the same being weak western markets, bounce in dollar, fall in crude which are barometers of movement in liquidity and also they have now started shorting index futures along with put buying which was not the case earlier. Having said this, we are not expecting a crash in the market and will stick to the range of 5200-5600 and trade accordingly. Less rollovers in banking index indicates that its time to take profit in this space. Indices Change NIFTY & PCR Graph Price Change 3 month INDEX Price (%) Rollover avg. NIFTY 5477.90 1.28 76.35 70.94 BANKNIFTY 10981.70 7.88 73.36 76.58 MINIFTY 5477.90 1.28 70.22 67.55 NFTYMCAP50 2858.60 2.41 0.00 - CNXIT 6116.15 (0.59) 47.51 56.32 Monthly Gainers Monthly Losers Price Ol Price Ol Change Open Change Change Open Change Scrip Price (%) Interest (%) Scrip Price (%) Interest (%) RUCHISOYA 131.35 30.05 13458000 40.60 STER 151.65 (15.11) 44950000 38.23 VIDEOIND 265.50 26.85 5795000 (1.24) SUZLON 48.20 (14.46) 89040000 (3.70) TATACOMM 333.45 23.32 2139000 5.16 PUNJLLOYD 110.50 (13.44) 27124000 47.16 UCOBANK 112.85 22.33 14880000 15.74 SESAGOA 320.95 (13.14) 15409500 (1.18) HINDPETRO 525.40 21.40 11353000 (15.95) NAGARCONST 152.90 (12.73) 5550000 52.39 Note: Stocks which have more than 1000 contract in Futures OI. Note: Stocks which have more than 1000 contract in Futures OI. Sector-wise Open Interest and Rollover SEBI Registration No: INB 010996539 For Private Circulation Only 1
  • 2. Derivative Report | India Research Banking and Financials  Counters where long positions are not rolled over to next series in this space are INDIANB (68.32%), BANKINDIA (70.02%) and PFC (77.24%).  Midcap Banks which witnessed rise in OI along with healthy rolls are VIJAYABANK (86.03%), UCO (84.60%), SYNDIBANK (83.98%) and DENABANK (83.75%). Expect long unwinding in them at every rise.  All the large-cap counters have added substantial open interest month-on-month with rise in prices. Aggressive traders can adopt buying puts strategy in them. Oil and Gas  RELIANCE (85.98%) has seen very high rollovers. The increase in positions and fall in prices indicates shorts have got rolled over. Stock is on the lower side of the trading range. Square off shorts and form long positions.  Long traders have not rolled their positions in PETRONET (57.28%) as rollover figures are very less. 115-120 is strong resistance zone. We would advise shorting in this range.  GTOFFSHORE (92.12%) and ESSAROIL (89.22%) have underperformed and have seen significant addition in OI. 360 and 120 are tentative supports. Avoid fresh shorts and risk takers can take contra call in them around supports. Metal and Mining  Heavy weights of this space viz. STER (84.97%), SAIL (79.47%) and TATASTEEL (79.89%) have accumulated substantial short positions as their prices corrected. Their support levels are around 148, 180 and 485 respectively. Buy near support.  JINDALSAW (92.28%) and ISPATIND (91.84%) witnessed very high rollovers while HINDZINC (60.34%) has shown very less rollover with decline in open interest.  Counters like BHUSANSTL (76.58%) and JINDALSTEL (77.78%) have shown good price action but have not rolled over long positions. Both are near their resistance zone. For Private Circulation Only SEBI Registration No: INB 010996539 2
  • 3. Derivative Report | India Research Information Technology  Combination of high rollovers and rise in open interest with rising volumes indicates that MPHASIS (92.27%) may have a good series. Dips till 600 should be used to accumulate this stock.  In heavy weights WIPRO (83.94%) has been underperformer and TCS (74.95%) is near to its strong resistance of 880. Avoid these counters. INFOSYSTCH (79.05%) has strong support around 2720 levels; keep eye on it.  HCLTECH (68.81%) has reduced open interest while rollovers are very less. We suggest booking profits in long positions in this counter. Auto and Auto Ancillary  BAJAJAUTO (88.08%) and TATAMOTORS (79.72%) have outperformed in respective spaces and shown good rollovers. Positions are slightly on the heavier side so use declines to enter.  MARUTI (76.38%) has reduced open interest substantially and rollovers are marginally less. We believe contra buying can wait in this counter. 1260-1280 is good resistance zone, short around those levels.  APOLLOTYRE (81.55%) has strong resistance around 78-80 zone. Long unwinding is visible at higher levels. Square off longs in it. Near resistance aggressive traders can go short. Infrastructure  Major underperformer in market, this space has added lots of short positions in names like RELINFRA (91.39%), NAGARCONST (89.66%) and PATELENG (86.70%). RELINFRA is good buy in the range of 970-980 levels while PATELENG too may witness short covering around 360 levels.  HCC (93.29%) and GMRINFRA (92.81%) have witnessed significant rollovers.  JPASSOCIAT (86.99%) and PUNJLLOYD (84.01%) too have accumulated shorts positions but we don’t expect any meaningful covering in them. For Private Circulation Only SEBI Registration No: INB 010996539 3
  • 4. Derivative Report | India Research Price OI Average Change Change Rollover Rollover Scrip Price (%) OI Futures (%) COC (%) PCR-OI Over (3month) AUTO & AUTO ANCILLARIES APOLLOTYRE 74.00 17.46 10212000 (15.21) 8.46 0.40 81.55 86.59 ASHOKLEY 71.00 (1.32) 15032000 3.16 9.55 0.16 74.29 77.84 BAJAJ-AUTO 2779.40 3.10 730750 (11.85) 8.65 0.93 88.08 82.54 BHARATFORG 354.10 9.24 5652000 13.11 9.57 0.33 94.13 91.41 BOSCHLTD 5802.95 3.52 53625 283.04 17.20 0.00 47.79 63.58 EXIDEIND 146.30 2.92 1726000 9.24 11.41 0.00 82.85 N/A HEROHONDA 1846.85 (1.46) 2731375 (1.96) (19.71) 3.47 79.46 75.72 M&M 619.10 (3.85) 8040750 14.68 2.11 0.16 82.02 81.23 MARUTI 1227.20 2.46 4043500 (21.80) 3.99 1.04 76.38 80.79 TATAMOTORS 997.40 15.08 16906000 72.35 7.37 0.75 79.72 76.94 BANKING & FINANACIALS ALBK 211.60 8.76 3414000 20.47 6.65 1.38 71.76 76.10 ANDHRABANK 157.20 12.05 4916000 7.34 10.28 0.26 83.65 73.91 AXISBANK 1367.80 0.16 5016500 (15.32) (0.61) 0.72 78.33 77.64 BANKBARODA 829.50 12.98 2497500 4.13 (7.35) 0.31 77.90 76.36 BANKINDIA 463.90 12.87 3566000 (7.78) 3.26 0.24 70.02 75.29 CANBK 511.30 5.24 2619000 12.31 9.38 0.00 87.44 75.61 DENABANK 104.70 5.97 10164000 33.81 9.46 0.14 83.75 79.32 FEDERALBNK 345.50 (1.82) 1931000 39.62 (4.83) 0.63 88.87 82.50 HDFC 628.45 5.55 10999375 7.90 1.58 0.75 77.53 72.00 HDFCBANK 2178.35 3.70 5459875 18.27 1.39 1.34 71.96 74.46 ICICIBANK 983.55 5.91 22704750 16.78 (3.18) 0.71 75.00 73.76 IDBI 125.15 5.66 21074000 10.45 10.00 0.19 86.18 89.47 IDFC 183.30 (3.14) 17574000 (7.72) 8.53 0.19 81.85 75.59 IFCI 59.95 (5.96) 96860000 (7.30) (6.96) 0.17 92.71 89.35 INDIAINFO 95.70 3.18 11932000 (27.86) 10.90 0.10 87.86 89.93 INDIANB 253.55 12.49 1168000 (42.86) 6.38 0.29 68.32 79.69 IOB 127.35 11.13 4628000 34.85 9.83 0.22 77.96 85.43 JINDALSWHL 1776.25 0.96 253125 28.82 12.18 0.00 88.49 N/A KOTAKBANK 839.90 9.81 3463500 (9.78) 4.16 0.74 73.62 76.97 LICHSGFIN 1207.65 7.07 2806500 17.16 9.41 0.48 86.62 89.05 ORIENTBANK 440.70 16.54 2432000 0.54 7.22 1.44 81.00 73.82 PFC 336.65 6.79 984000 (57.49) 4.49 0.71 77.24 74.96 PNB 1218.30 15.30 2643750 30.89 (8.26) 1.10 75.84 77.95 RECLTD 327.65 7.90 5567000 7.68 3.34 0.48 84.53 83.43 RELCAPITAL 763.85 (2.40) 8338500 6.40 (13.58) 0.31 91.67 85.95 For Private Circulation Only SEBI Registration No: INB 010996539 4
  • 5. Derivative Report | India Research Price OI Average Change Change Rollover Rollover Scrip Price (%) OI Futures (%) COC (%) PCR-OI Over (3month) SBIN 2866.15 15.90 6550000 28.97 (7.31) 1.52 72.99 75.14 SYNDIBANK 113.60 10.78 7464000 91.98 11.02 0.14 83.98 81.57 UCOBANK 112.85 22.33 14880000 15.74 7.85 0.64 84.60 83.02 UNIONBANK 348.15 10.38 2467000 (32.00) (3.89) 0.00 76.37 63.57 VIJAYABANK 81.85 16.85 20096000 22.54 10.83 0.42 86.03 83.22 YESBANK 326.00 11.64 4931000 (25.23) 7.04 0.46 87.51 82.52 CAPITAL GOODS ABB 772.15 (8.96) 1467000 (15.90) (10.26) 0.32 69.56 67.50 APIL 744.00 7.18 514500 (0.58) 8.34 0.00 78.72 82.38 BEL 1686.15 (5.21) 355750 49.95 5.78 0.00 89.39 80.25 BEML 1002.35 (0.60) 242750 (10.84) 11.65 0.00 81.98 86.10 BGRENERGY 786.85 10.83 483000 (3.11) 2.98 0.00 71.95 70.58 BHEL 2487.25 1.03 2778000 19.73 (3.88) 1.09 80.61 81.76 CROMPGREAV 305.95 10.85 1333000 (6.72) 4.43 0.10 79.29 79.31 CUMMINSIND 708.75 15.51 320500 6.13 6.55 0.00 80.03 71.30 LT 1864.75 2.57 4646875 2.05 0.28 0.75 75.31 74.52 PRAJIND 76.25 (0.97) 13716000 3.47 9.57 0.20 86.15 88.24 SIEMENS 717.65 (0.47) 1718500 55.45 2.76 0.40 74.02 68.79 VOLTAS 206.55 (0.53) 1896000 (33.15) 6.06 0.00 73.73 75.01 CEMENT ACC 868.20 3.25 2037000 9.27 (9.49) 1.27 82.35 80.16 AMBUJACEM 122.10 1.50 28836000 45.21 (25.20) 0.35 80.97 81.97 GRASIM 2045.85 10.62 519875 (35.54) 9.07 0.83 87.91 80.80 INDIACEM 107.30 2.00 11762000 (24.00) 11.18 0.48 93.78 95.37 ULTRACEMCO 933.35 7.31 1319750 (8.68) (15.53) 0.24 72.61 86.87 CHEMICAL & FERTILIZERS CHAMBLFERT 67.60 (1.46) 11600000 28.77 11.57 0.12 88.34 84.55 NAGARFERT 30.45 (1.14) 39168000 15.91 11.99 0.05 88.75 89.34 TATACHEM 390.25 21.18 3231000 72.97 10.29 0.67 90.37 78.01 UNIPHOS 186.75 4.27 7508000 (15.43) 7.54 0.00 88.63 86.97 CONSUMER GOODS & FMCG ASIANPAINT 2742.90 4.94 87000 76.65 9.58 1.00 71.41 67.91 COLPAL 824.90 (2.32) 404000 (10.72) 4.87 0.00 63.49 76.59 HINDUNILVR 265.65 3.57 15106000 12.33 (0.98) 0.96 80.36 76.84 ITC 163.90 5.71 42886000 34.17 1.27 0.97 77.08 72.86 KSOILS 50.25 (5.01) 23132000 12.51 12.45 0.00 89.81 91.35 MCDOWELL-N 1393.30 (3.39) 1346000 (12.92) 2.10 0.00 88.41 87.53 MCLEODRUSS 243.60 7.34 4802000 4.50 8.99 0.00 90.11 90.52 For Private Circulation Only SEBI Registration No: INB 010996539 5
  • 6. Derivative Report | India Research Price OI Average Change Change Rollover Rollover Scrip Price (%) OI Futures (%) COC (%) PCR-OI Over (3month) RUCHISOYA 131.35 30.05 13458000 40.60 3.18 0.17 87.86 N/A TATAGLOBAL 118.15 1.33 9982500 15.71 9.71 0.09 87.35 82.49 TITAN 2980.15 5.96 478000 53.76 9.38 0.88 83.81 78.66 HOTEL HOTELEELA 50.90 4.52 7088000 11.45 12.29 0.15 82.05 83.34 INDHOTEL 104.25 3.32 14996000 77.43 8.50 0.13 90.88 85.58 INFRASTRUCTURES GMRINFRA 59.90 4.45 45332000 11.04 10.45 0.09 92.81 93.60 GVKPIL 46.20 6.57 22488000 22.86 12.41 0.10 85.59 86.66 HCC 61.85 (3.92) 24560000 12.50 10.96 0.06 93.29 84.61 IVRCLINFRA 161.40 (5.23) 5799000 (2.67) 3.55 0.05 84.58 89.78 JPASSOCIAT 114.25 (3.55) 40460000 8.09 9.13 0.20 86.99 86.11 LITL 71.35 10.71 18188000 (11.43) 7.31 0.14 91.16 86.22 MUNDRAPORT 793.95 10.08 928500 (17.98) 6.90 0.00 86.75 90.60 NAGARCONST 152.90 (12.73) 5550000 52.39 8.87 0.00 89.66 76.42 NOIDATOLL 34.65 10.88 10792000 (18.24) 7.52 0.03 88.44 89.02 PATELENG 373.75 (10.31) 1270500 120.00 10.32 0.00 86.70 87.97 PUNJLLOYD 110.50 (13.44) 27124000 47.16 10.38 0.14 84.01 89.89 RELINFRA 1003.55 (11.24) 9919750 16.68 10.29 0.16 91.39 90.56 INFORMATION TECHNOLOGY COREPROTEC 250.50 (4.83) 9914000 3.25 6.04 0.00 94.76 N/A EDUCOMP 565.80 (8.69) 5945500 96.48 (7.56) 0.13 73.41 82.56 FINANTECH 1363.60 14.12 1049250 (10.97) 9.02 1.00 82.13 91.17 FSL 25.35 1.00 35376000 (7.08) 12.34 0.13 89.46 88.86 HCLTECH 413.90 9.48 3033000 (15.47) 0.13 0.34 68.81 76.30 HEXAWARE 71.00 (13.52) 3044000 (18.00) 11.75 0.00 79.89 N/A ICSA 129.45 (1.18) 6436000 4.28 10.47 0.07 93.16 93.55 INFOSYSTCH 2765.65 (2.38) 4354875 38.96 (3.83) 0.31 79.05 69.01 MOSERBAER 63.90 0.71 7220000 16.98 1.63 0.05 89.25 90.19 MPHASIS 622.85 3.94 2424500 46.50 10.46 0.22 92.27 82.76 OFSS 2097.15 0.50 265625 16.25 10.99 0.00 90.68 85.00 PATNI 546.70 16.38 3883500 57.77 (14.88) 0.34 77.52 77.64 POLARIS 170.55 (2.74) 4700000 (2.49) 8.87 0.38 85.57 86.20 ROLTA 166.30 (1.33) 3292000 (6.05) 10.35 0.02 81.17 75.73 TCS 876.50 3.12 7158000 11.43 1.31 1.10 74.95 71.45 TECHM 668.40 (4.87) 1963000 2.65 11.39 0.14 85.97 82.69 WIPRO 399.80 (4.04) 7044681 33.86 0.39 0.25 83.94 76.42 For Private Circulation Only SEBI Registration No: INB 010996539 6
  • 7. Derivative Report | India Research Price OI Average Change Change Rollover Rollover Scrip Price (%) OI Futures (%) COC (%) PCR-OI Over (3month) LOGISTICS ABGSHIP 234.20 (1.14) 778000 24.48 (6.23) 0.00 86.25 N/A CONCOR 1312.50 (4.69) 43500 2.35 0.16 0.00 78.16 73.14 EKC 109.85 (5.26) 8492000 38.26 12.34 0.02 89.64 86.47 GESHIP 300.45 5.51 1486000 7.60 9.02 0.43 75.50 76.73 KFA 59.60 16.18 15576000 1.09 11.37 0.06 92.12 92.16 MLL 50.90 11.14 13864000 1.58 7.17 0.16 89.99 87.45 SCI 160.60 (0.12) 1866000 85.49 (20.45) 0.21 80.60 72.73 MEDIA DCHL 127.55 (2.89) 6298000 (7.08) 13.08 0.00 65.20 80.65 DISHTV 50.35 14.56 14200000 (17.75) (5.18) 0.06 83.21 86.51 RELMEDIA 197.40 (4.43) 3046000 2.08 10.57 0.33 92.42 89.42 SUNTV 466.45 2.36 546500 147.29 11.63 0.00 83.35 74.25 TV-18 89.65 15.53 7940000 (17.29) 8.14 0.21 88.06 87.59 ZEEL 297.45 0.95 2556000 15.76 7.01 0.14 82.16 77.80 METAL & MINING BHUSANSTL 1820.10 17.04 317625 (2.90) 2.46 1.67 76.58 81.73 GMDCLTD 120.55 1.99 3518000 10.70 (8.22) 0.16 74.76 N/A HINDALCO 164.05 1.89 22200000 (15.38) 4.77 0.74 83.01 74.57 HINDZINC 1063.15 6.11 320250 (17.51) 1.18 0.00 60.34 81.80 ISPATIND 17.80 0.56 88803000 (8.42) 11.72 0.17 91.84 89.08 JINDALSAW 205.55 3.60 8390000 (3.47) 3.55 0.11 92.28 89.20 JINDALSTEL 708.55 13.95 6517500 (5.83) 2.58 0.87 77.78 79.52 JSWSTEEL 1125.75 (1.32) 5989000 (5.26) 10.28 0.14 89.69 86.16 NATIONALUM 409.90 (1.70) 2217000 (14.50) (16.79) 0.38 82.72 77.95 SAIL 185.30 (9.65) 8708000 15.05 6.19 0.16 79.47 72.71 SESAGOA 320.95 (13.14) 15409500 (1.18) 4.87 0.19 81.84 86.06 STER 151.65 (15.11) 44950000 38.23 5.50 0.22 84.97 85.74 TATASTEEL 501.85 (5.86) 28851500 27.17 5.30 0.31 79.89 87.86 OIL & GAS ABAN 786.55 (10.43) 3217250 14.50 3.71 0.15 87.65 86.57 BPCL 763.65 19.53 4120500 (4.44) (10.38) 0.53 82.27 81.18 CAIRN 339.40 1.56 19552000 26.02 9.22 0.41 86.04 87.77 CHENNPETRO 251.95 (1.87) 1511000 (18.72) 9.31 0.00 55.13 67.59 ESSAROIL 126.40 (0.75) 22194000 19.32 9.90 0.03 89.22 91.29 GAIL 446.55 (1.37) 5424000 36.21 (3.27) 0.38 65.52 70.55 GSPL 113.35 5.79 7416000 (28.66) 3.22 0.27 88.89 81.80 For Private Circulation Only SEBI Registration No: INB 010996539 7
  • 8. Derivative Report | India Research Price OI Average Change Change Rollover Rollover Scrip Price (%) OI Futures (%) COC (%) PCR-OI Over (3month) GTOFFSHORE 394.40 (3.33) 1631000 13.94 8.99 0.25 92.12 81.70 HINDPETRO 525.40 21.40 11353000 (15.95) (13.10) 0.67 89.60 88.17 IOC 404.00 13.83 6444000 (8.52) (24.52) 0.15 91.62 86.33 MRPL 76.85 1.92 11692000 25.45 10.86 0.02 86.86 85.89 ONGC 1289.85 3.47 2917500 (16.71) (11.80) 0.37 71.19 58.39 PETRONET 109.80 15.70 6432000 (10.96) 7.60 0.61 57.28 73.54 RELIANCE 956.45 (5.32) 35106250 41.97 9.87 0.16 85.98 79.49 RNRL 37.45 (11.05) 33568000 (7.16) 9.75 0.07 82.24 82.31 PHARMACEUTICAL & HEALTH CARE AUROPHARMA 1034.65 5.33 1609500 20.29 4.23 0.20 57.33 88.23 BIOCON 335.15 7.33 2857000 (2.89) 11.20 0.11 88.76 86.77 CIPLA 307.65 (6.00) 7851000 89.50 2.88 0.20 75.48 74.01 DABUR 209.00 6.39 2444000 (29.69) 7.98 0.83 76.60 73.04 DIVISLAB 754.25 0.18 670000 (24.63) 8.16 0.00 84.78 75.78 DRREDDY 1339.15 (2.81) 1724750 (4.70) 7.94 0.67 74.43 81.50 FORTIS 155.80 (0.83) 6100000 (36.38) 11.38 0.09 86.20 84.50 GLAXO 1873.45 (7.41) 239875 31.17 9.35 0.00 92.86 82.77 LUPIN 1868.05 (1.80) 710500 62.87 10.66 0.00 87.86 79.99 OPTOCIRCUI 282.05 10.33 1103000 108.51 (6.66) 2.00 84.50 79.29 ORCHIDCHEM 192.40 2.34 5696000 1.68 10.30 0.08 91.40 89.14 PIRHEALTH 496.95 2.16 9950500 25.07 9.34 0.24 95.99 89.87 RANBAXY 480.85 8.80 3259000 (7.87) 7.37 0.47 72.35 84.56 STERLINBIO 106.30 (2.34) 2738000 7.88 10.30 0.00 82.25 72.31 SUNPHARMA 1781.95 0.12 845125 25.27 (6.41) 0.33 78.02 75.62 POWER CESC 385.30 0.01 1226000 53.06 6.77 0.00 85.32 85.17 JPPOWER 65.10 (5.92) 9168000 32.41 11.21 0.05 89.18 86.24 NEYVELILIG 160.90 2.84 3050000 64.86 11.67 0.16 76.59 85.14 NTPC 198.55 (0.48) 23661000 15.27 (4.73) 0.24 76.19 85.55 POWERGRID 105.45 5.08 19052000 36.01 (5.93) 0.26 89.85 83.44 PTC 118.75 7.37 3334000 15.84 0.00 0.00 88.48 86.35 RPOWER 151.40 (10.15) 31870000 (4.23) 10.33 0.18 88.15 85.81 SUZLON 48.20 (14.46) 89040000 (3.70) 6.49 0.21 88.77 88.29 TATAPOWER 1271.35 (4.36) 2461500 25.88 3.94 0.06 70.38 85.04 REAL-ESTATE DLF 318.10 2.91 15341000 2.14 (2.79) 0.37 86.50 86.84 HDIL 271.00 3.06 14396000 17.61 7.70 0.28 92.49 90.60 IBREALEST 173.95 4.82 14350000 (31.18) 9.29 0.21 91.48 89.55 ORBITCORP 125.35 (2.49) 7426000 193.52 11.65 0.00 88.31 N/A For Private Circulation Only SEBI Registration No: INB 010996539 8
  • 9. Derivative Report | India Research Price OI Average Change Change Rollover Rollover Scrip Price (%) OI Futures (%) COC (%) PCR-OI Over (3month) SOBHA 351.15 5.85 547000 179.08 12.47 0.00 70.38 N/A UNITECH 79.40 (4.34) 71332000 39.81 7.22 0.27 88.06 85.72 SUGAR BAJAJHIND 120.95 5.86 11404000 (15.45) 9.05 0.37 90.51 87.42 BALRAMCHIN 87.30 8.99 19716000 (16.50) 9.56 0.21 93.55 94.23 RENUKA 67.05 6.09 45150000 1.62 12.44 0.18 92.83 86.72 TRIVENI 99.30 (3.07) 5674000 25.36 8.40 0.06 92.28 87.40 TELECOM BHARTIARTL 321.55 1.47 24572000 0.73 (0.16) 0.33 86.57 83.13 GTL 422.60 1.67 6631500 4.61 12.59 1.00 96.78 95.86 GTLINFRA 46.40 0.87 46808000 8.09 3.37 0.10 91.63 88.48 IDEA 69.60 1.38 43188000 17.60 (25.47) 0.43 82.78 84.06 MTNL 62.85 (6.33) 20588000 7.66 9.13 0.07 89.47 88.50 ONMOBILE 331.35 21.35 728000 (44.81) 8.66 0.00 78.71 85.64 RCOM 159.65 (12.16) 36212000 11.94 7.84 0.21 87.76 86.07 TATACOMM 333.45 23.32 2139000 5.16 10.32 0.75 85.37 80.61 TTML 23.70 3.95 33750000 18.00 11.00 0.19 84.19 89.35 TULIP 170.45 (7.74) 1983750 194.43 9.79 0.00 85.82 85.24 TEXTILE BRFL 256.15 (5.41) 5377000 (30.27) 7.74 0.50 70.65 83.43 CENTURYTEX 489.30 7.95 6197000 (1.90) 10.66 0.16 91.68 92.16 WELCORP 238.15 (3.64) 17687000 0.84 6.79 0.00 95.40 93.18 MISCELLANIOUS ABIRLANUVO 809.25 4.44 1616250 50.24 9.92 0.13 92.95 89.66 ADANIENT 631.50 8.41 3791000 32.46 8.34 0.00 79.06 82.49 GODREJIND 204.75 5.43 6312000 7.60 9.93 0.40 87.58 85.32 PANTALOONR 462.75 1.55 2594000 (7.39) 11.16 0.00 92.06 86.16 SINTEX 353.00 (6.33) 851000 3.91 8.12 0.00 83.55 77.85 VIDEOIND 265.50 26.85 5795000 (1.24) 7.66 0.06 87.54 89.29 JISLJALEQS 1269.90 6.44 132500 10.19 (11.62) 0.00 79.06 69.46 For Private Circulation Only SEBI Registration No: INB 010996539 9
  • 10. Derivative Report | India Research DISCLAIMER: This document is not for public distribution and has been furnished to you solely for your information and must not be reproduced or redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions. Opinion expressed is our current opinion as of the date appearing on this material only. While we endeavor to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and others are cautioned that any forward- looking statements are not predictions and may be subject to change without notice. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein. The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be true and are for general guidance only. While every effort is made to ensure the accuracy and completeness of information contained, the company takes no guarantee and assumes no liability for any errors or omissions of the information. No one can use the information as the basis for any claim, demand or cause of action. Recipients of this material should rely on their own investigations and take their own professional advice. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult their own advisors to determine the merits and risks of such an investment. Price and value of the investments referred to in this material may go up or down. Past performance is not a guide for future performance. Certain transactions - futures, options and other derivatives as well as non-investment grade securities - involve substantial risks and are not suitable for all investors. Reports based on technical analysis centers on studying charts of a stock's price movement and trading volume, as opposed to focusing on a company's fundamentals and as such, may not match with a report on a company's fundamentals. We do not undertake to advise you as to any change of our views expressed in this document. While we would endeavor to update the information herein on a reasonable basis, Angel Broking, its subsidiaries and associated companies, their directors and employees are under no obligation to update or keep the information current. Also there may be regulatory, compliance, or other reasons that may prevent Angel Broking and affiliates from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. Angel Broking Limited and affiliates, including the analyst who has issued this report, may, on the date of this report, and from time to time, have long or short positions in, and buy or sell the securities of the companies mentioned herein or engage in any other transaction involving such securities and earn brokerage or compensation or act as advisor or have other potential conflict of interest with respect to company/ies mentioned herein or inconsistent with any recommendation and related information and opinions. Angel Broking Limited and affiliates may seek to provide or have engaged in providing corporate finance, investment banking or other advisory services in a merger or specific transaction to the companies referred to in this report, as on the date of this report or in the past. Sebi Registration No.: INB 010996539 Derivative Research Team derivatives.desk@angeltrade.com For Private Circulation Only SEBI Registration No: INB 010996539 10