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Rollover Report
                                                                                                             India Research
                                                                                                                      Jun 25, 2010

Rollover in Nifty(70.28%) has been high both in terms of percentage and absolute open interest.
Observation throughout the series indicates that FII’s have covered their short positions in index when
nifty started bouncing from 4800 levels and above 5100 they have formed fresh long positions. On the
other hand domestic participants have been skeptical on the market and were net short. Nifty and
Minifty(70.83%) rollovers suggest that its status quo in terms of positions as we start July series. This
indicates that we need not worry about significant rise in open interest and also we are witnessing
substantial inflows in cash market from strong hands despite slight corrections in market. But
assessment of options suggests, 5400-5500 may act as stiff resistance zone for the market and we
would recommend to short around those levels. Time wise this is long expiry and implied volatility is on
the lower side so avoid writing options.


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

 NIFTY            5320.60           6.35       70.28        69.32
 BANKNIFTY        9673.60           4.48       74.12        71.86
 MINIFTY          5320.60           6.35       70.83        64.21
 NFTYMCAP50       2760.50           6.97         -          16.68
 CNXIT            6014.60           5.27       71.28        54.70



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

 RCOM                  188.05      35.09 25348600          (0.83)   PATNI                  506.95      (7.26)    2100800       64.50
 RELMEDIA              213.30      30.38     2524400         0.11   MPHASIS                564.45      (5.76)    2600600       10.08
 BGRENERGY             719.20      25.61      466100      632.86    PETRONET                77.50      (4.50)    5451600       26.45
 BRFL                  255.20      24.73     6982200       61.43    GRASIM               1798.75       (3.93)     252125      127.65
 ORCHIDCHEM            164.85      24.09     4122400      (21.13)   BPCL                   550.75      (3.84)    2582600       17.27
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
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Banking and Financials
                                                                   BANKNIFTY (74.12%) has seen significant rise in
  Millions (Rs) 0              28000    56000      84000              open interest with strong rollovers. These are
                                                                      mainly long positions. It has strong resistance
                         76%                                          around 9700-9800 levels. Be cautious above these
   ICICIBANK                                    Rollover              levels.
                         76%                    OI (Value)         Heavy weights of the sector SBIN (75.56%) and
           SBIN                                                       ICICIBANK (76.21%) are also near their strong
                                                                      resistance of 2400 and 920 respectively. Avoid
                        74%                                           longs in them.
 HDFCBANK
                                                                   Midcap       banks like UNIONBANK (59.52%),
         HDFC           72%                                           ANDHRABANK (64.86%), BANKINDIA (68.56%)
                                                                      and ORIENTBANK (68.87%) have witness less
                                                78%                   rollovers in percentage but have added substantial
      SECTOR
                                                                      OI on month-on-month basis.



Metal and Mining

Millions (Rs)      0           20000     40000                       European troubles had led to correction in metal
                                                                      space and most of the counters have shed open
                                89%                                   interest.
   TATASTEEL                               Rollover

                          80%              OI (Value)                TATASTEEL (89.39%) has witnessed highest
    SESAGOA                                                           rollover in this space and we believe its more of
                                                                      short positions from strong hands. Sell on rise;
    JSWSTEEL              83%
                                                                      520 is a strong resistance.
                        87%
           STER                                                      HINDALCO (75.23%) has lowest rollovers and
                                                                      have reduced substantial OI. 135-160 is the zone
                                             84%
      SECTOR                                                          in which stock may trade for this month.




Oil and Gas
Millions (Rs) 0                 20000        40000                   GAIL (62.28%) has seen lowest rollover and
                                                                      reduced significant OI which were long positions
                                82%          Rollover                 according to us. We suggest move out of longs
 RELIANCE
                                                                      and aggressive traders may short this counter;
                                             OI (Value)
                       89%                                            stock may drift down to 445-450 levels.
     CAIRN

                       65%                                           ONGC (64.50%) too has seen less rollover. 1220
    ONGC                                                              is strong resistance for the counter and
                                                                      1100-1120 is strong support.
      ABAN             83%
                                                                     PETRONET (80.71%) added significant OI and
                                           82%
   SECTOR                                                             rollovers too are on higher side. These are mainly
                                                                      shorts. Stock is good buy around 72 levels.



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



Auto and Auto Ancillary
   Millions (Rs)
                       0         10000    20000    30000                APOLLOTYRE (88.37%) has strong support
                                                                         around 64-65. Counter has added significant OI
                                  81%         Rollover                   which believe are longs and also rollover figure is
 TATAMOTORS
                                                                         decent. Buy near support zone.
                                              OI (Value)
                            79%
          MARUTI
                                                                        Rise in MARUTI (79.13%) was more due to short
                            81%                                          covering. We don’t see upside above 1420-1450
             M&M                                                         levels.

  HEROHONDA                 76%                                         BHARATFORG (91.95%) has shown highest
                                                                         rollover. Stock is at it strong resistance of 295-
                                            79%                          300. Square-off longs in it.
         SECTOR




Information Technology

   Millions (Rs)       0          10000      20000           30000

                                 64%                                  INFOSYSTCH (64.25%) has witness less rolls and
 INFOSYSTCH                                       Rollover               has shed OI. 2800-2850 is strong resistance zone.
                                                  OI (Value)             Square off longs in it.
                            81%
             TCS
                                                                      Midcap IT counters like POLARIS (81.50%), ROLTA
                            89%                                          (56.95%) and MPHASIS (74.41%) have added OI
      HCLTECH                                                            month-on-month and have underperform.

    EDUCOMP                 84%                                       TECHM (78.14%) have rallied mainly due to short
                                                                         covering.
                                                     77%
        SECTOR



Telecom

Millions (Rs)      0        6000 12000 18000 24000
                                                                        RCOM (85.76%) has strong resistance around
                                    87%            Rollover              195-200 range. Avoid fresh longs. Buy 190 puts
 BHARTIARTL                                                              to trade with negative bias; 173-175 quite likely.
                                                   OI (Value)
                               86%                                       Counters like GTL (98.05%), MTNL (91.33%),
        RCOM                                                         
                                                                         IDEA (89.78%) and TTML (89.55%) have shown
                           98%                                           high rollovers.
           GTL
                                                                        BHARTIARTL (86.61%) has strong support around
   GTLINFRA                80%                                           255. Square off short positions near support and
                                                                         form some fresh longs.
                                                   88%
      SECTOR



For Private Circulation Only                  SEBI Registration No: INB 010996539                                          3
Derivative Report | India Research



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


                                               AUTO & AUTO ANCILLARIES


APOLLOTYRE               68.40      3.87       7866600          45.63        (3.81)         0.03       88.37      79.67
AREVAT&D                289.50      8.18       2401750          (2.72)        9.01          1.67       64.24      89.95
ASHOKLEY                 63.45      5.75      25543150          17.78      (11.51)          0.39       71.85      76.48
BAJAJ-AUTO            2409.00      13.91         568975         12.86      (18.46)          0.00       78.45      82.06
BHARATFORG              291.40     11.03       3753000        (18.55)         5.37          0.00       91.95      86.01
BOSCHLTD              5384.25       9.52          24475       282.42         14.42          0.00       64.86      58.62
HEROHONDA             2058.40       8.41       1703000        (22.79)        (8.28)         1.74       75.51      76.66
M&M                     632.05     19.60       6594510           6.50      (10.72)          1.02       81.17      78.74
MARUTI                1386.95      12.02       3232100          (1.15)        0.75          0.91       79.13      83.46
TATAMOTORS              785.20      5.86       9191850        (25.00)         3.65          1.07       80.57      70.85


                                                BANKING & FINANACIALS


ALBK                    160.65      3.65       1963550          44.24         8.11          0.18       75.17      75.20
ANDHRABANK              135.25      4.20       2553000           6.23         2.31          0.27       64.86      78.05
AXISBANK              1263.20       3.90       4539200           2.84         1.36          1.58       76.10      76.64
BANKBARODA              690.35     (3.84)      2544400          37.16         6.12          0.00       83.30      71.71
BANKINDIA               348.50     10.11       2782950          26.23      (24.09)          0.58       68.56      77.67
CANBK                   429.70      8.65       1341300        (14.05)        (0.12)         0.31       70.12      72.22
DENABANK                 94.85     10.55       7350500          15.21      (13.19)          0.33       79.29      80.03
FEDERALBNK              324.55     (0.81)      1777924          36.73         8.84          0.00       74.92      80.98
HDFC                  3022.30       9.35       2027150          (0.96)     (13.11)          1.16       71.76      73.83
HDFCBANK              2001.60       5.54       3695100           7.03        (0.10)         9.35       73.71      70.03
ICICIBANK               885.70      3.37      15739450           9.10        (3.77)         1.72       76.21      70.61
IDBI                    118.60      7.97      16778400          (2.50)     (17.15)          0.16       87.47      85.57
IDFC                    170.55     10.35      15197150           7.68         3.97          0.73       83.75      76.80
IFCI                     54.30      6.26      89603760          (1.70)        9.60          0.32       87.67      90.65
INDIAINFO                97.85      3.38      12596000          15.84        10.12          0.07       88.33      90.12
INDIANB                 225.30      4.99       1750400        (26.94)         7.41          9.00       82.15      78.08
IOB                     106.00     19.10       4441950           1.46         7.38          0.35       82.67      86.85
KOTAKBANK               756.10      0.05       5787850          77.49         5.24          0.50       80.26      83.29
LICHSGFIN             1034.80      12.06       1832625          24.17        (9.32)         1.09       84.81      88.02
ORIENTBANK              327.10      1.22       1106400           6.96         4.62          0.00       68.87      74.85
PFC                     285.80      1.15       1298800        152.29          7.85          0.00       82.54      68.29
PNB                   1063.70       7.66       2106350           7.16        (8.43)         1.29       74.62      79.33
RECLTD                  301.45     10.83       3848800          (9.87)        1.56          0.90       73.45      69.90
RELCAPITAL              760.05     18.41       6607756           3.63         0.82          0.72       87.03      85.83
SBIN                  2357.55       6.22       4211593           0.21        (0.49)         1.60       75.56      71.78
SYNDIBANK                91.60      4.21       3519800          36.22        13.09          0.11       80.46      79.52

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)
UCOBANK                  79.30      8.04     12082000          13.39          9.86          0.34       80.38      82.20
UNIONBANK              312.10       7.44       2051550         64.88         (5.51)         0.00       59.52      64.36
VIJAYABANK               65.30     19.93     19447400          65.51       (30.34)          0.38       83.47      87.26
YESBANK                271.05       1.44     11764200         142.53          7.31          0.22       79.50      81.92

                                                     CAPITAL GOODS

ABB                    882.95       3.94       1065500        (34.52)       (5.55)          1.66       56.95      74.13
APIL                   630.40      10.32        310300         22.45        (6.04)          0.00       90.72      79.60
BEL                   1730.80       4.12        299003        (16.47)        9.88           0.00       72.03      83.21
BEML                  1003.70       4.13        157375        (12.20)       10.23           0.00       88.32      82.26
BGRENERGY              719.20      25.61        466100        632.86         3.05          13.33       52.89      76.37
BHEL                  2454.50       6.89       2181850        (15.43)        1.91           1.59       84.23      80.59
CROMPGREAV             256.85       8.06       1377750        (12.58)        9.14           0.00       80.06      73.53
CUMMINSIND             583.40       7.50        292700          (0.70)       9.12           0.00       72.09      55.20
LT                    1791.65       9.99       3851575        (17.33)        1.14           1.29       76.76      73.70
PRAJIND                 81.75       4.41       7607200          (1.43)       9.57           0.32       87.97      87.71
SIEMENS                740.15       5.22        864700        (42.26)       (0.77)          0.64       69.56      65.91
VOLTAS                 201.00      17.58       2834800         76.54        (2.33)          0.00       86.28      83.51

                                                          CEMENT

ACC                    871.10       6.45      2350448          (2.65)      (17.48)          1.24       82.84      79.77
AMBUJACEM              118.25       8.34     21671944          26.22       (23.81)          1.64       84.66      81.40
GRASIM                1798.75      (3.93)      252125         127.65          4.55          0.49       81.36      85.83
INDIACEM               110.15       0.59     14052200           4.28         (8.05)         0.04       95.50      93.06
ULTRACEMCO             945.75       0.91      1025500          (2.44)         3.36          0.00       90.64      91.32

                                                CHEMICAL & FERTILIZERS

CHAMBLFERT              64.05      14.89      7788950         (26.47)         7.33          0.16       82.68      84.59
NAGARFERT               31.20      10.05     24945250          28.31         (6.68)         0.06       89.54      89.47
TATACHEM               328.30       0.12      1497750           (1.07)     (20.17)          0.00       83.32      78.86
UNIPHOS                194.85      14.79      5774000         150.04          2.68          0.09       94.67      83.78

                                              CONSUMER GOODS & FMCG

ASIANPAINT            2459.95      16.78        39100         105.79         (9.50)         0.00       62.66      69.09
COLPAL                 847.60      18.78       325250          28.00          9.04          0.33       80.55      76.71
HINDUNILVR             270.90      16.27     13015000         (27.38)      (12.70)          1.08       75.34      81.19
ITC                    305.75      10.82     14753500         (19.51)         1.88          0.73       75.32      68.32
KSOILS                  58.15      (1.69)    13511500           9.80          9.86          0.62       88.43      86.83
MCDOWELL-N            1292.65      11.08      1823750          25.15          4.68          0.18       82.37      87.46
MCLEODRUSS             199.30      10.05      4800100           3.48       (12.03)          6.00       89.33      78.83
TATATEA               1176.30      16.74      1035800          30.25          9.31          3.72       84.28      80.83
TITAN                 2243.90       2.87       167552         (26.59)        (1.91)         0.00       76.39      78.42

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)

                                                            HOTEL

HOTELEELA               47.75        6.47       4963000         (3.26)         7.64          0.03       79.15      82.92
INDHOTEL               104.85        8.77       6217258         17.12         (0.50)         0.15       83.45      86.80

                                                     INFRASTRUCTURES

GMRINFRA                  56.85     (0.79)     34299000         38.42          9.17          0.03       94.71      85.96
GVKPIL                    44.35      8.17      16095000        (17.12)         5.88          0.17       81.47      90.30
HCC                      117.40     10.65       6809100        (13.02)         9.77          0.17       83.01      82.86
IVRCLINFRA               182.95     19.85       5008000        (14.39)         5.13          0.37       91.47      80.87
JPASSOCIAT               129.55      4.60      25669280          (6.80)        6.84          0.55       88.10      83.60
LITL                      68.40     13.15      18739820        (14.89)         7.62          0.53       83.35      86.67
MUNDRAPORT               709.75      5.96        994100        (14.87)         7.42          0.00       88.17      84.74
NAGARCONST               192.85     13.14       2668000           2.54        (1.08)         0.00       73.99      67.21
NOIDATOLL                 29.95     11.55      14032200        (11.93)        10.45          0.00       92.93      86.53
PATELENG                 420.95     16.03        582000          (9.35)       11.52          0.00       87.03      77.98
PUNJLLOYD                130.00     (2.99)     19184500         24.95          7.62          0.26       88.91      91.31
RELINFRA                1162.10     10.19       5340868         15.13          7.09          0.39       90.73      91.22

                                              INFORMATION TECHNOLOGY

EDUCOMP                  546.50     18.33        4060125          (2.55)     (16.03)         0.27       84.34      82.54
FINANTECH               1349.95      5.60         939850          (4.23)        8.77        29.33       91.08      93.62
FSL                       27.25      6.24       27042500        (10.35)         9.57         0.08       89.64      90.61
HCLTECH                  364.15     (1.62)       6292700        114.94         (7.88)        0.38       89.07      70.59
ICSA                     144.00     16.55        6698400         19.50         (3.26)        0.06       93.51      89.72
INFOSYSTCH              2822.70      6.78        2561225        (21.74)        (0.65)        2.04       64.25      67.71
MOSERBAER                 65.75     14.35        5570375          (5.78)        8.72         0.02       89.11      88.65
MPHASIS                  564.45     (5.76)       2600600         10.08          9.98         0.06       74.41      85.96
OFSS                    2191.40      4.39         203575        (22.18)         7.19         0.00       83.94      86.65
PATNI                    506.95     (7.26)       2100800         64.50          9.67         0.08       77.04      63.97
POLARIS                  183.90      3.34        3224400         60.61         (3.12)        0.58       81.50      82.87
ROLTA                    171.25      4.87        3202800         14.99          3.65         0.11       56.95      82.63
TCS                      773.45      4.26        4210500        (39.26)         2.76         1.22       80.54      72.88
TECHM                    739.40     19.15        1987400        (17.53)         4.72         0.00       78.14      82.93
WIPRO                    402.25      1.97        4797373           1.86         3.89         0.67       76.07      75.59

                                                         LOGISTICS

CONCOR                  1304.80      7.87          17250        (23.33)       12.11          0.00       75.36      71.72
EKC                      132.60      2.63        6282000          (0.54)       (1.57)        0.00       89.49      85.07
GESHIP                   298.90      3.12        1016800         38.08       (17.79)         3.00       78.28      79.95
KFA                       46.50     14.53       15830250           3.61       15.70          0.02       92.03      90.92

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)

MLL                       46.50      3.91      13714500          (4.14)       11.21         0.73       87.67       89.33
SCI                      161.55      2.15        743600          26.98         9.36         0.21       74.50       74.20

                                                             MEDIA

DCHL                    123.85       4.78         3937000        21.00        8.84           0.00      88.34       74.53
DISHTV                   45.80      20.37        16724000       (16.80)       6.83           0.66      77.83       91.02
RELMEDIA                213.30      30.38         2524400         0.11        9.53           1.28      87.66       90.39
SUNTV                   406.00       1.02          256000        60.00        7.71           0.00      70.90       77.97
TV-18                    91.10      15.54         6870175        16.75       10.88           0.29      87.28       90.45
ZEEL                    293.15       5.70         2501400       (13.01)       9.61           1.08      81.47       75.83

                                                     METAL & MINING

BHUSANSTL             1446.05        4.66        424375         (13.35)          1.15      20.50        79.85      78.95
HINDALCO               151.00        1.75      24341852           (2.96)         5.18       1.11        75.23      70.36
HINDZINC               974.90        3.10        542500           (4.66)         8.45       0.00        77.37      76.11
ISPATIND                18.00        3.45      84107650           (1.65)       11.59        0.24        89.09      90.36
JINDALSAW              201.75       11.19       9578000         (12.90)          6.46       0.05        83.30      88.02
JINDALSTEL             657.25        5.62       5823900         (23.52)          7.93       0.52        75.85      82.16
JSWSTEEL              1056.50       (1.74)      6098994         (10.44)          6.56       0.19        82.86      88.90
NATIONALUM             434.65        7.52       2132975            0.64       (27.23)       1.00        77.54      84.93
SAIL                   198.80       (0.03)      8192850         (16.40)          4.72       0.62        83.34      65.30
SESAGOA                379.70       12.57      17217000         (19.69)       (28.15)       0.95        79.72      84.77
STER                   173.80        7.94      32047360         (20.56)         (1.50)      2.62        87.40      82.77
TATASTEEL              498.40        1.23      25767092           (5.81)      (11.51)       0.53        89.39      83.85

                                                         OIL & GAS

ABAN                   744.50        8.67      3388100             9.40        0.77          0.23       83.25      85.22
BPCL                   550.75       (3.84)     2582600           17.27         8.52          2.28       83.35      81.56
CAIRN                  308.65        8.01     11134750          (19.77)        5.24          0.55       88.65      84.05
CHENNPETRO             244.05       (0.18)      782200            (7.34)      10.47          0.00       76.07      70.02
ESSAROIL               129.35        8.65     18876816            (1.57)       8.87          0.05       92.76      90.52
GAIL                   476.75        5.44      3361375          (29.06)        2.41          0.44       62.28      70.48
GSPL                    97.90        8.06      9485300             2.06        6.39          0.11       85.02      85.33
GTOFFSHORE             445.75       (2.19)     1221500          (11.23)       10.18          0.00       80.76      78.06
HINDPETRO              351.55        0.06      6914850           33.84         9.49          0.93       90.89      87.31
IOC                    341.40        0.34      3075000            (4.66)       8.71          0.39       83.22      85.76
MRPL                    70.20        8.08      6745000            (8.13)      10.40          0.05       82.85      85.51
ONGC                  1189.35        5.89      2877025            (8.18)       1.71          0.94       64.50      76.46
PETRONET                77.50       (4.50)     5451600           26.45         9.42          0.09       80.71      79.49
RELIANCE              1052.05        2.92     15211650            (9.21)       6.29          0.32       82.36      75.91
RNRL                    63.95       23.10     37812352          (10.52)        6.52          0.39       81.54      89.44

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)

                                         PHARMACEUTICAL & HEALTH CARE

AUROPHARMA            862.95     3.69      1262750        (20.02)        (1.87)       0.00        93.07       84.83
BIOCON                323.15    14.59      3684800         45.84         (0.65)       0.00        86.52       87.03
CIPLA                 341.30     7.67      2980000        (27.33)        (1.53)       1.49        77.85       72.23
DABUR                 202.15    12.24       666600           9.24         3.10        0.00        76.51       69.52
DIVISLAB              763.25     6.21       818000         26.98         (2.60)       0.00        82.95       81.33
DRREDDY              1467.00    10.17      1164850        (13.34)        (4.76)       3.00        75.31       86.21
FORTIS                157.00     5.02     12123200         15.73          2.32        0.09        71.65       90.74
GLAXO                2141.90     8.12       184950           3.96         8.30        0.00        95.30       76.32
LUPIN                1920.85     7.34       536250         43.06          3.31        0.00        81.72       81.35
OPTOCIRCUI            240.45    12.02      1051200        (15.94)         7.37        0.00        69.92       83.14
ORCHIDCHEM            164.85    24.09      4122400        (21.13)      (53.14)        0.28        91.65       89.62
PIRHEALTH             502.70    (1.82)     8734000          (5.56)       (4.15)       0.27        87.55       90.73
RANBAXY               454.60     9.79      3054800        (35.06)         7.68        0.50        84.13       83.41
STERLINBIO            116.40     8.38      2707000        (35.39)         0.90        0.00        78.76       66.62
SUNPHARMA            1809.80    10.68       494300        (35.81)        (1.44)     426.60        73.69       69.45

                                                        POWER

CESC                  378.15     5.03       665000         37.09        (0.69)         0.00       86.77       82.69
JPPOWER                69.80     8.89      7115500           3.83        3.74          1.02       83.31       88.98
NEYVELILIG            156.25    12.41      1269250        (20.62)        4.00          0.56       91.87       82.73
NTPC                  194.60    (1.39)    22737000          (7.01)       6.97          0.32       88.05       82.19
POWERGRID             101.45     0.10     10383875          (6.97)       4.63          0.26       87.12       80.02
PTC                   101.20     1.05      1980150          (5.96)      10.30          0.00       82.32       84.50
RPOWER                167.20     8.08     23636000         20.88         6.24          0.36       89.03       87.94
SUZLON                 57.65    (0.77)    85400000          (0.88)       8.14          0.45       90.39       89.05
TATAPOWER            1318.95     5.84      1777750        (24.93)       (2.81)         0.69       89.93       76.15

                                                    REAL-ESTATE

DLF                    289.20    6.91     14418000        (11.55)         5.05         0.71       85.93       86.61
HDIL                   253.95   20.70     11994658        (28.47)         1.44         0.71       88.60       89.56
IBREALEST              152.10    0.96     27664000         21.71          8.57         0.20       91.64       89.11
UNITECH                 74.35    4.06     59373000         13.33          7.71         0.79       86.95       86.21

                                                        SUGAR

BAJAJHIND              112.85   11.07     13287825        (10.57)        7.85          0.18       87.46       85.48
BALRAMCHIN              78.05   (0.45)    23886400          3.39        10.69          0.14       93.11       94.99
RENUKA                  66.30   20.44     38327000        (30.99)        8.65          0.46       83.60       86.20
TRIVENI                 95.70    3.80      6816850        (20.62)       11.44          0.09       83.00       85.44

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)

                                                       TELECOM

BHARTIARTL              263.25     1.00      25794000           (2.49)       4.36           0.30      86.61      82.00
GTL                     416.10     7.19       6066500           (7.75)       1.88           0.00      98.05      94.95
GTLINFRA                 42.80    18.89      40640550          20.91         9.75           0.05      80.39      95.15
IDEA                     55.65    12.54      23453600         (11.79)        5.62           0.42      89.78      83.29
MTNL                     63.95    15.75      18197600           (1.66)      11.42           0.27      91.33      89.74
ONMOBILE                289.90    11.97        590650           (5.70)      10.25          18.00      84.82      82.03
RCOM                    188.05    35.09      25348600           (0.83)      10.26           0.87      85.76      89.03
TATACOMM                257.15     7.39       2565600         (22.38)        9.73           5.43      85.59      81.32
TTML                     22.00    15.49      25890550         (11.72)       11.85           0.24      89.55      90.09
TULIP                   853.70    (1.00)       164750          51.49        11.18           0.00      84.67      81.17

                                                         TEXTILE

BRFL                    255.20    24.73      6982200          61.43         (2.25)         0.00       82.74      90.71
CENTURYTEX              466.20     7.12      5017348         (14.20)        (3.13)         0.10       93.65      90.70
WELCORP                 236.25     8.12     17975800           (9.44)        8.39          0.19       93.43      89.74

                                                   MISCELLANIOUS

ABIRLANUVO             776.65      9.70       982300        (17.98)         4.30          1.14       87.30       91.07
ADANIENT               535.05     (1.27)     3153300         18.94         11.01          0.00       69.15       90.46
GODREJIND              170.50     16.66      3575900         31.24          1.22          2.10       94.07       80.80
JISLJALEQS            1112.40      8.42        93000        (22.50)         8.20          0.00       75.81       74.76
PANTALOONR             419.05     13.32      2656250         81.58          8.96         18.00       86.40       85.14
SINTEX                 311.05     17.71      1094400        (19.49)        13.41         14.00       80.68       84.96
VIDEOIND               201.45      1.59      4125460          6.85          9.32          0.10       89.86       88.70




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
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
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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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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

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Rollover Report jun july 2010- (2)

  • 1. Rollover Report India Research Jun 25, 2010 Rollover in Nifty(70.28%) has been high both in terms of percentage and absolute open interest. Observation throughout the series indicates that FII’s have covered their short positions in index when nifty started bouncing from 4800 levels and above 5100 they have formed fresh long positions. On the other hand domestic participants have been skeptical on the market and were net short. Nifty and Minifty(70.83%) rollovers suggest that its status quo in terms of positions as we start July series. This indicates that we need not worry about significant rise in open interest and also we are witnessing substantial inflows in cash market from strong hands despite slight corrections in market. But assessment of options suggests, 5400-5500 may act as stiff resistance zone for the market and we would recommend to short around those levels. Time wise this is long expiry and implied volatility is on the lower side so avoid writing options. Indices Change NIFTY & PCR Graph Price Change 3 month INDEX Price (%) Rollover avg. NIFTY 5320.60 6.35 70.28 69.32 BANKNIFTY 9673.60 4.48 74.12 71.86 MINIFTY 5320.60 6.35 70.83 64.21 NFTYMCAP50 2760.50 6.97 - 16.68 CNXIT 6014.60 5.27 71.28 54.70 Monthly Gainers Monthly Losers Price Ol Price Ol Change Open Change Change Open Change Scrip Price (%) Interest (%) Scrip Price (%) Interest (%) RCOM 188.05 35.09 25348600 (0.83) PATNI 506.95 (7.26) 2100800 64.50 RELMEDIA 213.30 30.38 2524400 0.11 MPHASIS 564.45 (5.76) 2600600 10.08 BGRENERGY 719.20 25.61 466100 632.86 PETRONET 77.50 (4.50) 5451600 26.45 BRFL 255.20 24.73 6982200 61.43 GRASIM 1798.75 (3.93) 252125 127.65 ORCHIDCHEM 164.85 24.09 4122400 (21.13) BPCL 550.75 (3.84) 2582600 17.27 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  BANKNIFTY (74.12%) has seen significant rise in Millions (Rs) 0 28000 56000 84000 open interest with strong rollovers. These are mainly long positions. It has strong resistance 76% around 9700-9800 levels. Be cautious above these ICICIBANK Rollover levels. 76% OI (Value)  Heavy weights of the sector SBIN (75.56%) and SBIN ICICIBANK (76.21%) are also near their strong resistance of 2400 and 920 respectively. Avoid 74% longs in them. HDFCBANK  Midcap banks like UNIONBANK (59.52%), HDFC 72% ANDHRABANK (64.86%), BANKINDIA (68.56%) and ORIENTBANK (68.87%) have witness less 78% rollovers in percentage but have added substantial SECTOR OI on month-on-month basis. Metal and Mining Millions (Rs) 0 20000 40000  European troubles had led to correction in metal space and most of the counters have shed open 89% interest. TATASTEEL Rollover 80% OI (Value)  TATASTEEL (89.39%) has witnessed highest SESAGOA rollover in this space and we believe its more of short positions from strong hands. Sell on rise; JSWSTEEL 83% 520 is a strong resistance. 87% STER  HINDALCO (75.23%) has lowest rollovers and have reduced substantial OI. 135-160 is the zone 84% SECTOR in which stock may trade for this month. Oil and Gas Millions (Rs) 0 20000 40000  GAIL (62.28%) has seen lowest rollover and reduced significant OI which were long positions 82% Rollover according to us. We suggest move out of longs RELIANCE and aggressive traders may short this counter; OI (Value) 89% stock may drift down to 445-450 levels. CAIRN 65%  ONGC (64.50%) too has seen less rollover. 1220 ONGC is strong resistance for the counter and 1100-1120 is strong support. ABAN 83%  PETRONET (80.71%) added significant OI and 82% SECTOR rollovers too are on higher side. These are mainly shorts. Stock is good buy around 72 levels. For Private Circulation Only SEBI Registration No: INB 010996539 2
  • 3. Derivative Report | India Research Auto and Auto Ancillary Millions (Rs) 0 10000 20000 30000  APOLLOTYRE (88.37%) has strong support around 64-65. Counter has added significant OI 81% Rollover which believe are longs and also rollover figure is TATAMOTORS decent. Buy near support zone. OI (Value) 79% MARUTI  Rise in MARUTI (79.13%) was more due to short 81% covering. We don’t see upside above 1420-1450 M&M levels. HEROHONDA 76%  BHARATFORG (91.95%) has shown highest rollover. Stock is at it strong resistance of 295- 79% 300. Square-off longs in it. SECTOR Information Technology Millions (Rs) 0 10000 20000 30000 64%  INFOSYSTCH (64.25%) has witness less rolls and INFOSYSTCH Rollover has shed OI. 2800-2850 is strong resistance zone. OI (Value) Square off longs in it. 81% TCS  Midcap IT counters like POLARIS (81.50%), ROLTA 89% (56.95%) and MPHASIS (74.41%) have added OI HCLTECH month-on-month and have underperform. EDUCOMP 84%  TECHM (78.14%) have rallied mainly due to short covering. 77% SECTOR Telecom Millions (Rs) 0 6000 12000 18000 24000  RCOM (85.76%) has strong resistance around 87% Rollover 195-200 range. Avoid fresh longs. Buy 190 puts BHARTIARTL to trade with negative bias; 173-175 quite likely. OI (Value) 86% Counters like GTL (98.05%), MTNL (91.33%), RCOM  IDEA (89.78%) and TTML (89.55%) have shown 98% high rollovers. GTL  BHARTIARTL (86.61%) has strong support around GTLINFRA 80% 255. Square off short positions near support and form some fresh longs. 88% SECTOR 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 68.40 3.87 7866600 45.63 (3.81) 0.03 88.37 79.67 AREVAT&D 289.50 8.18 2401750 (2.72) 9.01 1.67 64.24 89.95 ASHOKLEY 63.45 5.75 25543150 17.78 (11.51) 0.39 71.85 76.48 BAJAJ-AUTO 2409.00 13.91 568975 12.86 (18.46) 0.00 78.45 82.06 BHARATFORG 291.40 11.03 3753000 (18.55) 5.37 0.00 91.95 86.01 BOSCHLTD 5384.25 9.52 24475 282.42 14.42 0.00 64.86 58.62 HEROHONDA 2058.40 8.41 1703000 (22.79) (8.28) 1.74 75.51 76.66 M&M 632.05 19.60 6594510 6.50 (10.72) 1.02 81.17 78.74 MARUTI 1386.95 12.02 3232100 (1.15) 0.75 0.91 79.13 83.46 TATAMOTORS 785.20 5.86 9191850 (25.00) 3.65 1.07 80.57 70.85 BANKING & FINANACIALS ALBK 160.65 3.65 1963550 44.24 8.11 0.18 75.17 75.20 ANDHRABANK 135.25 4.20 2553000 6.23 2.31 0.27 64.86 78.05 AXISBANK 1263.20 3.90 4539200 2.84 1.36 1.58 76.10 76.64 BANKBARODA 690.35 (3.84) 2544400 37.16 6.12 0.00 83.30 71.71 BANKINDIA 348.50 10.11 2782950 26.23 (24.09) 0.58 68.56 77.67 CANBK 429.70 8.65 1341300 (14.05) (0.12) 0.31 70.12 72.22 DENABANK 94.85 10.55 7350500 15.21 (13.19) 0.33 79.29 80.03 FEDERALBNK 324.55 (0.81) 1777924 36.73 8.84 0.00 74.92 80.98 HDFC 3022.30 9.35 2027150 (0.96) (13.11) 1.16 71.76 73.83 HDFCBANK 2001.60 5.54 3695100 7.03 (0.10) 9.35 73.71 70.03 ICICIBANK 885.70 3.37 15739450 9.10 (3.77) 1.72 76.21 70.61 IDBI 118.60 7.97 16778400 (2.50) (17.15) 0.16 87.47 85.57 IDFC 170.55 10.35 15197150 7.68 3.97 0.73 83.75 76.80 IFCI 54.30 6.26 89603760 (1.70) 9.60 0.32 87.67 90.65 INDIAINFO 97.85 3.38 12596000 15.84 10.12 0.07 88.33 90.12 INDIANB 225.30 4.99 1750400 (26.94) 7.41 9.00 82.15 78.08 IOB 106.00 19.10 4441950 1.46 7.38 0.35 82.67 86.85 KOTAKBANK 756.10 0.05 5787850 77.49 5.24 0.50 80.26 83.29 LICHSGFIN 1034.80 12.06 1832625 24.17 (9.32) 1.09 84.81 88.02 ORIENTBANK 327.10 1.22 1106400 6.96 4.62 0.00 68.87 74.85 PFC 285.80 1.15 1298800 152.29 7.85 0.00 82.54 68.29 PNB 1063.70 7.66 2106350 7.16 (8.43) 1.29 74.62 79.33 RECLTD 301.45 10.83 3848800 (9.87) 1.56 0.90 73.45 69.90 RELCAPITAL 760.05 18.41 6607756 3.63 0.82 0.72 87.03 85.83 SBIN 2357.55 6.22 4211593 0.21 (0.49) 1.60 75.56 71.78 SYNDIBANK 91.60 4.21 3519800 36.22 13.09 0.11 80.46 79.52 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) UCOBANK 79.30 8.04 12082000 13.39 9.86 0.34 80.38 82.20 UNIONBANK 312.10 7.44 2051550 64.88 (5.51) 0.00 59.52 64.36 VIJAYABANK 65.30 19.93 19447400 65.51 (30.34) 0.38 83.47 87.26 YESBANK 271.05 1.44 11764200 142.53 7.31 0.22 79.50 81.92 CAPITAL GOODS ABB 882.95 3.94 1065500 (34.52) (5.55) 1.66 56.95 74.13 APIL 630.40 10.32 310300 22.45 (6.04) 0.00 90.72 79.60 BEL 1730.80 4.12 299003 (16.47) 9.88 0.00 72.03 83.21 BEML 1003.70 4.13 157375 (12.20) 10.23 0.00 88.32 82.26 BGRENERGY 719.20 25.61 466100 632.86 3.05 13.33 52.89 76.37 BHEL 2454.50 6.89 2181850 (15.43) 1.91 1.59 84.23 80.59 CROMPGREAV 256.85 8.06 1377750 (12.58) 9.14 0.00 80.06 73.53 CUMMINSIND 583.40 7.50 292700 (0.70) 9.12 0.00 72.09 55.20 LT 1791.65 9.99 3851575 (17.33) 1.14 1.29 76.76 73.70 PRAJIND 81.75 4.41 7607200 (1.43) 9.57 0.32 87.97 87.71 SIEMENS 740.15 5.22 864700 (42.26) (0.77) 0.64 69.56 65.91 VOLTAS 201.00 17.58 2834800 76.54 (2.33) 0.00 86.28 83.51 CEMENT ACC 871.10 6.45 2350448 (2.65) (17.48) 1.24 82.84 79.77 AMBUJACEM 118.25 8.34 21671944 26.22 (23.81) 1.64 84.66 81.40 GRASIM 1798.75 (3.93) 252125 127.65 4.55 0.49 81.36 85.83 INDIACEM 110.15 0.59 14052200 4.28 (8.05) 0.04 95.50 93.06 ULTRACEMCO 945.75 0.91 1025500 (2.44) 3.36 0.00 90.64 91.32 CHEMICAL & FERTILIZERS CHAMBLFERT 64.05 14.89 7788950 (26.47) 7.33 0.16 82.68 84.59 NAGARFERT 31.20 10.05 24945250 28.31 (6.68) 0.06 89.54 89.47 TATACHEM 328.30 0.12 1497750 (1.07) (20.17) 0.00 83.32 78.86 UNIPHOS 194.85 14.79 5774000 150.04 2.68 0.09 94.67 83.78 CONSUMER GOODS & FMCG ASIANPAINT 2459.95 16.78 39100 105.79 (9.50) 0.00 62.66 69.09 COLPAL 847.60 18.78 325250 28.00 9.04 0.33 80.55 76.71 HINDUNILVR 270.90 16.27 13015000 (27.38) (12.70) 1.08 75.34 81.19 ITC 305.75 10.82 14753500 (19.51) 1.88 0.73 75.32 68.32 KSOILS 58.15 (1.69) 13511500 9.80 9.86 0.62 88.43 86.83 MCDOWELL-N 1292.65 11.08 1823750 25.15 4.68 0.18 82.37 87.46 MCLEODRUSS 199.30 10.05 4800100 3.48 (12.03) 6.00 89.33 78.83 TATATEA 1176.30 16.74 1035800 30.25 9.31 3.72 84.28 80.83 TITAN 2243.90 2.87 167552 (26.59) (1.91) 0.00 76.39 78.42 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) HOTEL HOTELEELA 47.75 6.47 4963000 (3.26) 7.64 0.03 79.15 82.92 INDHOTEL 104.85 8.77 6217258 17.12 (0.50) 0.15 83.45 86.80 INFRASTRUCTURES GMRINFRA 56.85 (0.79) 34299000 38.42 9.17 0.03 94.71 85.96 GVKPIL 44.35 8.17 16095000 (17.12) 5.88 0.17 81.47 90.30 HCC 117.40 10.65 6809100 (13.02) 9.77 0.17 83.01 82.86 IVRCLINFRA 182.95 19.85 5008000 (14.39) 5.13 0.37 91.47 80.87 JPASSOCIAT 129.55 4.60 25669280 (6.80) 6.84 0.55 88.10 83.60 LITL 68.40 13.15 18739820 (14.89) 7.62 0.53 83.35 86.67 MUNDRAPORT 709.75 5.96 994100 (14.87) 7.42 0.00 88.17 84.74 NAGARCONST 192.85 13.14 2668000 2.54 (1.08) 0.00 73.99 67.21 NOIDATOLL 29.95 11.55 14032200 (11.93) 10.45 0.00 92.93 86.53 PATELENG 420.95 16.03 582000 (9.35) 11.52 0.00 87.03 77.98 PUNJLLOYD 130.00 (2.99) 19184500 24.95 7.62 0.26 88.91 91.31 RELINFRA 1162.10 10.19 5340868 15.13 7.09 0.39 90.73 91.22 INFORMATION TECHNOLOGY EDUCOMP 546.50 18.33 4060125 (2.55) (16.03) 0.27 84.34 82.54 FINANTECH 1349.95 5.60 939850 (4.23) 8.77 29.33 91.08 93.62 FSL 27.25 6.24 27042500 (10.35) 9.57 0.08 89.64 90.61 HCLTECH 364.15 (1.62) 6292700 114.94 (7.88) 0.38 89.07 70.59 ICSA 144.00 16.55 6698400 19.50 (3.26) 0.06 93.51 89.72 INFOSYSTCH 2822.70 6.78 2561225 (21.74) (0.65) 2.04 64.25 67.71 MOSERBAER 65.75 14.35 5570375 (5.78) 8.72 0.02 89.11 88.65 MPHASIS 564.45 (5.76) 2600600 10.08 9.98 0.06 74.41 85.96 OFSS 2191.40 4.39 203575 (22.18) 7.19 0.00 83.94 86.65 PATNI 506.95 (7.26) 2100800 64.50 9.67 0.08 77.04 63.97 POLARIS 183.90 3.34 3224400 60.61 (3.12) 0.58 81.50 82.87 ROLTA 171.25 4.87 3202800 14.99 3.65 0.11 56.95 82.63 TCS 773.45 4.26 4210500 (39.26) 2.76 1.22 80.54 72.88 TECHM 739.40 19.15 1987400 (17.53) 4.72 0.00 78.14 82.93 WIPRO 402.25 1.97 4797373 1.86 3.89 0.67 76.07 75.59 LOGISTICS CONCOR 1304.80 7.87 17250 (23.33) 12.11 0.00 75.36 71.72 EKC 132.60 2.63 6282000 (0.54) (1.57) 0.00 89.49 85.07 GESHIP 298.90 3.12 1016800 38.08 (17.79) 3.00 78.28 79.95 KFA 46.50 14.53 15830250 3.61 15.70 0.02 92.03 90.92 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) MLL 46.50 3.91 13714500 (4.14) 11.21 0.73 87.67 89.33 SCI 161.55 2.15 743600 26.98 9.36 0.21 74.50 74.20 MEDIA DCHL 123.85 4.78 3937000 21.00 8.84 0.00 88.34 74.53 DISHTV 45.80 20.37 16724000 (16.80) 6.83 0.66 77.83 91.02 RELMEDIA 213.30 30.38 2524400 0.11 9.53 1.28 87.66 90.39 SUNTV 406.00 1.02 256000 60.00 7.71 0.00 70.90 77.97 TV-18 91.10 15.54 6870175 16.75 10.88 0.29 87.28 90.45 ZEEL 293.15 5.70 2501400 (13.01) 9.61 1.08 81.47 75.83 METAL & MINING BHUSANSTL 1446.05 4.66 424375 (13.35) 1.15 20.50 79.85 78.95 HINDALCO 151.00 1.75 24341852 (2.96) 5.18 1.11 75.23 70.36 HINDZINC 974.90 3.10 542500 (4.66) 8.45 0.00 77.37 76.11 ISPATIND 18.00 3.45 84107650 (1.65) 11.59 0.24 89.09 90.36 JINDALSAW 201.75 11.19 9578000 (12.90) 6.46 0.05 83.30 88.02 JINDALSTEL 657.25 5.62 5823900 (23.52) 7.93 0.52 75.85 82.16 JSWSTEEL 1056.50 (1.74) 6098994 (10.44) 6.56 0.19 82.86 88.90 NATIONALUM 434.65 7.52 2132975 0.64 (27.23) 1.00 77.54 84.93 SAIL 198.80 (0.03) 8192850 (16.40) 4.72 0.62 83.34 65.30 SESAGOA 379.70 12.57 17217000 (19.69) (28.15) 0.95 79.72 84.77 STER 173.80 7.94 32047360 (20.56) (1.50) 2.62 87.40 82.77 TATASTEEL 498.40 1.23 25767092 (5.81) (11.51) 0.53 89.39 83.85 OIL & GAS ABAN 744.50 8.67 3388100 9.40 0.77 0.23 83.25 85.22 BPCL 550.75 (3.84) 2582600 17.27 8.52 2.28 83.35 81.56 CAIRN 308.65 8.01 11134750 (19.77) 5.24 0.55 88.65 84.05 CHENNPETRO 244.05 (0.18) 782200 (7.34) 10.47 0.00 76.07 70.02 ESSAROIL 129.35 8.65 18876816 (1.57) 8.87 0.05 92.76 90.52 GAIL 476.75 5.44 3361375 (29.06) 2.41 0.44 62.28 70.48 GSPL 97.90 8.06 9485300 2.06 6.39 0.11 85.02 85.33 GTOFFSHORE 445.75 (2.19) 1221500 (11.23) 10.18 0.00 80.76 78.06 HINDPETRO 351.55 0.06 6914850 33.84 9.49 0.93 90.89 87.31 IOC 341.40 0.34 3075000 (4.66) 8.71 0.39 83.22 85.76 MRPL 70.20 8.08 6745000 (8.13) 10.40 0.05 82.85 85.51 ONGC 1189.35 5.89 2877025 (8.18) 1.71 0.94 64.50 76.46 PETRONET 77.50 (4.50) 5451600 26.45 9.42 0.09 80.71 79.49 RELIANCE 1052.05 2.92 15211650 (9.21) 6.29 0.32 82.36 75.91 RNRL 63.95 23.10 37812352 (10.52) 6.52 0.39 81.54 89.44 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) PHARMACEUTICAL & HEALTH CARE AUROPHARMA 862.95 3.69 1262750 (20.02) (1.87) 0.00 93.07 84.83 BIOCON 323.15 14.59 3684800 45.84 (0.65) 0.00 86.52 87.03 CIPLA 341.30 7.67 2980000 (27.33) (1.53) 1.49 77.85 72.23 DABUR 202.15 12.24 666600 9.24 3.10 0.00 76.51 69.52 DIVISLAB 763.25 6.21 818000 26.98 (2.60) 0.00 82.95 81.33 DRREDDY 1467.00 10.17 1164850 (13.34) (4.76) 3.00 75.31 86.21 FORTIS 157.00 5.02 12123200 15.73 2.32 0.09 71.65 90.74 GLAXO 2141.90 8.12 184950 3.96 8.30 0.00 95.30 76.32 LUPIN 1920.85 7.34 536250 43.06 3.31 0.00 81.72 81.35 OPTOCIRCUI 240.45 12.02 1051200 (15.94) 7.37 0.00 69.92 83.14 ORCHIDCHEM 164.85 24.09 4122400 (21.13) (53.14) 0.28 91.65 89.62 PIRHEALTH 502.70 (1.82) 8734000 (5.56) (4.15) 0.27 87.55 90.73 RANBAXY 454.60 9.79 3054800 (35.06) 7.68 0.50 84.13 83.41 STERLINBIO 116.40 8.38 2707000 (35.39) 0.90 0.00 78.76 66.62 SUNPHARMA 1809.80 10.68 494300 (35.81) (1.44) 426.60 73.69 69.45 POWER CESC 378.15 5.03 665000 37.09 (0.69) 0.00 86.77 82.69 JPPOWER 69.80 8.89 7115500 3.83 3.74 1.02 83.31 88.98 NEYVELILIG 156.25 12.41 1269250 (20.62) 4.00 0.56 91.87 82.73 NTPC 194.60 (1.39) 22737000 (7.01) 6.97 0.32 88.05 82.19 POWERGRID 101.45 0.10 10383875 (6.97) 4.63 0.26 87.12 80.02 PTC 101.20 1.05 1980150 (5.96) 10.30 0.00 82.32 84.50 RPOWER 167.20 8.08 23636000 20.88 6.24 0.36 89.03 87.94 SUZLON 57.65 (0.77) 85400000 (0.88) 8.14 0.45 90.39 89.05 TATAPOWER 1318.95 5.84 1777750 (24.93) (2.81) 0.69 89.93 76.15 REAL-ESTATE DLF 289.20 6.91 14418000 (11.55) 5.05 0.71 85.93 86.61 HDIL 253.95 20.70 11994658 (28.47) 1.44 0.71 88.60 89.56 IBREALEST 152.10 0.96 27664000 21.71 8.57 0.20 91.64 89.11 UNITECH 74.35 4.06 59373000 13.33 7.71 0.79 86.95 86.21 SUGAR BAJAJHIND 112.85 11.07 13287825 (10.57) 7.85 0.18 87.46 85.48 BALRAMCHIN 78.05 (0.45) 23886400 3.39 10.69 0.14 93.11 94.99 RENUKA 66.30 20.44 38327000 (30.99) 8.65 0.46 83.60 86.20 TRIVENI 95.70 3.80 6816850 (20.62) 11.44 0.09 83.00 85.44 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) TELECOM BHARTIARTL 263.25 1.00 25794000 (2.49) 4.36 0.30 86.61 82.00 GTL 416.10 7.19 6066500 (7.75) 1.88 0.00 98.05 94.95 GTLINFRA 42.80 18.89 40640550 20.91 9.75 0.05 80.39 95.15 IDEA 55.65 12.54 23453600 (11.79) 5.62 0.42 89.78 83.29 MTNL 63.95 15.75 18197600 (1.66) 11.42 0.27 91.33 89.74 ONMOBILE 289.90 11.97 590650 (5.70) 10.25 18.00 84.82 82.03 RCOM 188.05 35.09 25348600 (0.83) 10.26 0.87 85.76 89.03 TATACOMM 257.15 7.39 2565600 (22.38) 9.73 5.43 85.59 81.32 TTML 22.00 15.49 25890550 (11.72) 11.85 0.24 89.55 90.09 TULIP 853.70 (1.00) 164750 51.49 11.18 0.00 84.67 81.17 TEXTILE BRFL 255.20 24.73 6982200 61.43 (2.25) 0.00 82.74 90.71 CENTURYTEX 466.20 7.12 5017348 (14.20) (3.13) 0.10 93.65 90.70 WELCORP 236.25 8.12 17975800 (9.44) 8.39 0.19 93.43 89.74 MISCELLANIOUS ABIRLANUVO 776.65 9.70 982300 (17.98) 4.30 1.14 87.30 91.07 ADANIENT 535.05 (1.27) 3153300 18.94 11.01 0.00 69.15 90.46 GODREJIND 170.50 16.66 3575900 31.24 1.22 2.10 94.07 80.80 JISLJALEQS 1112.40 8.42 93000 (22.50) 8.20 0.00 75.81 74.76 PANTALOONR 419.05 13.32 2656250 81.58 8.96 18.00 86.40 85.14 SINTEX 311.05 17.71 1094400 (19.49) 13.41 14.00 80.68 84.96 VIDEOIND 201.45 1.59 4125460 6.85 9.32 0.10 89.86 88.70 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