Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives https://simplehai.axisdirect.in/share-stock-prices/nse/ICICI-Bank-Ltd-5418 https://simplehai.axisdirect.in/share-stock-prices/nse/Oil-&-Natural-Gas-Corpn-Ltd-6068 https://simplehai.axisdirect.in/share-stock-prices/nse/ITC-Ltd-301

1. DAILY DERIVATIVES 24 October 2017
Source: NSE,SeeDiff,AXISDIRECT Research
HIGHLIGHTS:Nifty Options OI Distribution
Nifty Options -Change in OI
Nifty Futures closed at 10189.70 increased by 0.43% with 3.03%
increased in open interest indicates long buildup. Nifty futures closed
with 5 points premium compared to previous day discount of 1 point.
FII's were sellers in Index Futures to the tune of 657 crores and were
buyers in Index Options to the tune of 22 crores, Stock Futures were
bought to the tune of 111 crores. FII's were net sellers in derivative
segment to the tune of 549 crores.
India VIX index is at 12.32. Nifty ATM call option IV is currently at 12.62
whereas Nifty ATM put option IV is quoting at 12.06.
Index options PCR is at 1.00 and F&O Total PCR is at 0.94.
Among stock futures ICICIBANK, SBIN, IDFC and SAIL have witnessed
long build up and may show strength in coming session.
Stocks which witnessed short build up are ITC, YESBANK, ONGC and
TATAMOTORS may remain weak in coming session.
Nifty put options OI distribution shows that 10000 has highest OI
concentration followed by 9900 and may act as good support for
current expiry.
Nifty call strike 10300 followed by 10500 witnessed significant OI
concentration and may act as resistance for current expiry.
BEML, DHFL, HDIL, IBREALEST, INFIBEAM, JPASSOCIAT, JSWENERGY, RELCAPITAL
Market Indsite:
SECURITIES IN BAN PERIOD
Market Indsite:
Stock Futures - Long Build Up Stock Futures - Short Build Up
Nifty Active Futures 10189.7
Nifty Active Futures OI 29567250
Change in OI 897150
Premium / Discount 4.85
Inference Long Build Up
Nifty Futures View
Nifty Futures closed
at 10189.70
increased by 0.43%
with 3.03%
increased in open
interest indicates
long buildup. Nifty
futures closed with
5 points premium
compared to
previous day
discount of 1 point.
FII's were sellers in
Index Futures to
the tune of 657
crores and were
buyers in Index
Options to the tune
of 22 crores, Stock
Futures were
bought to the tune
of 111 crores. FII's
were net sellers in
derivative segment
to the tune of 549
India VIX Index 12.32
Nifty ATM Call IV 12.62
Nifty ATM Put IV 12.06
PCR Index Options 1.00
PCR F&O Total 0.94
Volatility
INDEX FUTURES -657
INDEX OPTIONS 22
STOCK FUTURES 111
STOCK OPTIONS -24
FII Net Activity -549
FII Activity
Symbol Fut Price % Chg Open Interest % Chg
ICICIBANK 263.8 1.85 26950000 82.05
SBIN 247.15 1.39 21825000 68.68
IDFC 64.2 0.94 34069000 273.00
SAIL 59.6 0.93 22068000 192.37
Symbol Fut Price % Chg Open Interest % Chg
ITC 268.15 -1.14 15856000 73.14
YESBANK 256.7 -0.54 15687000 194.00
ONGC 171.35 -0.9 11808000 65.82
TATAMOTORS 425.15 -0.84 10216000 70.00

2. Source: NSE,SeeDiff,AXISDIRECT Research
Nifty Options OI Distribution
Nifty Options -Change in OI
Market Indsite:
SECURITIES IN BAN PERIOD
Market Indsite:
Nifty Options OI Distribution
Market Indsite:
Stock OI Data
Market Indsite:
DAILY DERIVATIVES
S ector Scrip spot price % chg Futures OI (in 000's) % chg
Others ADANIPORTS 407.05 1.41 8,693 5.40
Pharma AJANTPHARM 1,172.20 -1.95 912 2.75
Banking ALBK 65.70 0.92 15,740 4.03
Cement AMBUJACEM 281.80 2.83 11,325 3.14
Banking ANDHRABANK 54.65 0.74 25,450 4.22
FMCG BATAINDIA 794.05 0.34 2,288 2.82
Telecom BHARTIARTL 497.35 4.98 35,110 3.15
Automobile BOSCHLTD 21,282.55 -1.19 114 5.75
Oil_Gas CASTROLIND 376.80 -0.49 11,339 2.39
Automobile CEATLTD 1,683.35 -1.85 1,816 14.58
Textile CENTURYTEX 1,328.10 0.67 7,948 2.18
Power CGPOW ER 80.65 -0.92 30,276 5.96
Pharma CIPLA 592.90 -2.45 8,066 3.15
Media DISHTV 68.95 -3.16 24,255 10.03
Pharma DRREDDY 2,366.20 -0.29 4,006 3.40
Automobile ESCORTS 724.65 0.68 3,236 6.13
Automobile EXIDEIND 206.05 -0.58 17,804 2.32
Pharma FORTIS 144.85 -0.79 42,957 3.51
Oil_Gas GAIL 435.15 0.44 17,568 2.94
Pharma GLENMARK 598.40 -1.67 7,648 5.06
Infrastructure GMRINFRA 17.25 8.15 3,37,545 5.06
Fertilisers GSFC 142.55 3.52 20,826 3.19
Others HAVELLS 541.45 -1.08 4,980 8.97
Infrastructure HCC 33.60 1.51 30,012 2.25
Technology HCLTECH 937.25 1.62 8,246 5.22
Finance HDFC 1,722.40 -1.34 14,537 5.96
Banking HDFCBANK 1,863.30 0.81 21,349 2.34
Metals HINDZINC 318.50 -1.09 10,461 6.31
Finance IBULHSGFIN 1,337.75 -1.69 6,656 11.48
Oil_Gas IGL 1,613.20 3.73 1,253 10.47
Telecom INFRATEL 449.00 -2.44 9,476 3.74
Oil_Gas IOC 404.45 -1.27 18,681 6.48
FMCG ITC 267.05 -0.96 65,290 4.06
Others KAJARIACER 699.75 -1.40 946 3.95
Finance L&TFH 209.60 2.27 28,994 5.33
Finance LICHSGFIN 651.00 -1.82 8,547 2.85
Capital_Goods LT 1,135.75 -0.35 12,512 7.03
Pharma LUPIN 1,038.45 -1.21 7,466 2.41
Oil_Gas MGL 1,227.75 2.65 855 8.70
Technology MINDTREE 502.95 1.13 3,827 6.16
Metals NATIONALUM 84.95 -0.59 25,256 8.26
Infrastructure NCC 94.65 1.50 26,880 2.82
Power NHPC 27.45 -1.96 40,392 5.35
Others PCJEWELLER 345.90 -4.13 11,358 5.93
Pharma PEL 2,731.90 -1.34 1,603 2.89
Finance PFC 132.40 1.65 53,286 19.10
Power PTC 119.00 -0.38 19,552 7.10
Cement RAMCOCEM 699.55 1.58 646 8.18
Textile RAYMOND 907.75 1.70 4,582 3.94
Banking RBLBANK 527.55 1.26 6,661 7.33
Textile RAYMOND 892.55 0.80 4,408 2.30

3. Disclaimer : The views expressed / recommendations made in this report are based on Technical Analysis techniques and could be at
variance with the company's / group's views based on fundamental research. The report and information contained herein is strictly
confidential and meant solely for the selected recipient and may not be altered in any way, transmitted to, copied or distributed, in part
or in whole, to any other person or to the media or reproduced in any form, without prior written consent. This report and information
herein is solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell
or subscribe for securities or other financial instruments. Nothing in this report constitutes investment, legal, accounting and tax advice
or a representation that any investment or strategy is suitable or appropriate to your specific circumstances. The securities discussed and
opinions expressed in this report may not be suitable for all investors, who must make their own investment decisions, based on their
own investment objectives, financial positions and needs of specific recipient. This may not be taken in substitution for the exercise of
independent judgment by any recipient. 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 its own advisors to determine the merits and risks of such an investment. The investment
discussed or views expressed may not be suitable for all investors. Certain transactions -including those involving futures, options
another derivatives as well as non-investment grade securities - involve substantial risk and are not suitable for all investors. No
representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information and opinions
contained in this document. The Disclosures of Interest Statement incorporated in this document is provided solely to enhance the
transparency and should not be treated as endorsement of the views expressed in the report. This information is subject to change
without any prior notice. The Company reserves the right to make modifications and alternations to this statement as may be required
from time to time without any prior approval. Axis Securities Ltd. (ASL), its affiliates, their directors and the employees may from time to
time, effect or have effected an own account transaction in, or deal as principal or agent in or for the securities mentioned in this
document. They may perform or seek to perform investment banking or other services for, or solicit investment banking or other
business from, any company referred to in this report. Each of these entities functions as a separate, distinct and independent of each
other. The recipient should take this into account before interpreting the document. This report has been prepared on the basis of
information that is already available in publicly accessible media or developed through analysis of ASL. The views expressed are those of
the analyst and the Company may or may not subscribe to all the views expressed therein. This document is being supplied to you solely
for your information and may not be reproduced, redistributed or passed on, directly or indirectly, to any other person or published,
copied, in whole or in part, for any purpose. Neither this document nor any copy of it may be taken or transmitted into the United State
(to U.S. Persons), Canada, or Japan or distributed, directly or indirectly, in the United States or Canada or distributed or redistributed in
Japan or to any resident thereof. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen
or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would
be contrary to law, regulation or which would subject ASL to any registration or licensing requirement within such jurisdiction. The
securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose
possession this document may come are required to inform themselves of and to observe such restriction. Neither the Firm, not its
directors, employees, agents or representatives shall be liable for any damages whether direct or indirect, incidental, special or
consequential including lost revenue or lost profits that may arise from or in connection with the use of the information.
Axis Securities Limited, SEBI Reg. No.- NSE-INB/INF/INE 231481632, BSE- INB/INF 011481638,MSEI-INB/INF/INE 261481635, ARN No.
64610, CDSL-IN-DP-CDSL-693-2013, SEBI-Research Analyst Reg. No. INH 000000297, SEBI Portfolio Manager Reg. No-
INP000000654, Main/Dealing off.- Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (west), Mumbai-
400070, Tel No. – 18002100808, Reg. off.- Axis House, 8th Floor, Wadia International Centre, Pandurang Budhkar Marg, Worli,
Mumbai – 400 025.Compliance Officer: Anand Shaha, E-Mail ID: compliance.officer@axisdirect.in,Tel No: 022-42671582.
Mutual Funds Investments are subject to market risk. Please read the offer and scheme related documents carefully before investing.
5