Finally, the Sensex ended with a gain of 145 points at 28,130. The BSE Sensex opened at 28,032, touched an intra-day
high of 28,213 and low of 28,031.57. The NSE Nifty closed with a gain of 40 points at 8,699. The NSE Nifty opened at
8,693 hitting a high of 8,727 and low of 8,678.30.
Epic research's daily derivative market report 21st october 2016
1. DAILY DERIVATIVE REPORT
21 OCT 2016
YOUR MINTVISORY Call us at +91-731-6642300
The Indian equity market closed with handsome gains on Thursday amid a choppy session. Indices managed to clock
in marginal gains tracking positive global cues.
Finally, the Sensex ended with a gain of 145 points at 28,130. The BSE Sensex opened at 28,032, touched an intra-day
high of 28,213 and low of 28,031.57. The NSE Nifty closed with a gain of 40 points at 8,699. The NSE Nifty opened at
8,693 hitting a high of 8,727 and low of 8,678.30.
Post a positive start, the morning high acted as a hurdle for the day. With the Nifty facing difficulty above 8700, it
ended only 40 points higher towards the end. Nifty futures premium settled at 6 points. India VIX fell 3.1% to 14.2.
FIIs bought 7 crore while DIIs bought 725 crore in the cash segment. FIIs sold 396 crore in index futures and bought
1578 crore in index options. In stock futures, they bought 589 crore.
The highest Put base is at the 8600 strike with 55 lakh shares while the highest Call base is at the 9000 strike with 63
lakh shares. The 8600 and 8800 Call strikes saw reductions of 5.3 and 2.5 lakh shares, respectively, while the 8600
and 8700 Put strikes saw additions of 5.8 and 8.9 lakh shares, respectively.
Nifty Future: The Nifty is likely to open flat on the back of mixed global cues. Sell Nifty in the range of 8720-8730 for
target of 8690, stop loss: 8745.
Bank Nifty Future: On the weekly contract expiry day, the outperformance in banking stocks continued where the
index itself rallied close to 1.4%. As the index has managed to end above 19500, we feel the dip should be utilised to
create fresh long positions. However, some supply can be seen near 19800 in the coming days. Buy Bank Nifty in the
range of 19470-19520, targets: 19650- 19750, stop loss: 19390
NIFTY SNAPSHOT & PIVOT POINTS
SPOT FUTURE
COST OF
CARRY
TOTAL FUT OI PCR OI PCR VOL ATM IV
CURRENT 8699 8705 1.10 22159500 0.98 1.00 14.10
PREVIOUS 8659 8665 1.45 20847450 0.95 1.01 14.70
CHANGE(%) 0.46 0.46 6.29 - - -
PIVOT LEVELS S3 S2 S1 PIVOT R1 R2 R3
NIFTY FUTURE 8597 8650 8677 8667 8703 8756 8809
F&O HIGHLIGHTS
INDEX OUTLOOK
MARKET ROUND UP
2. DAILY DERIVATIVE REPORT
21 OCT 2016
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INTRADAY STRATEGY
i) YES BANK FUTURE ii BHARTI INFRATEL FUTURE
Buy future around 1305-1310 Sell future around 362-364
View : Bullish View : Bearish
Strategy : Buy Future Strategy : Sell Future
Target1: 1325 Target 2 : 1340 Target1: 358 Target 2 : 354
Stop loss : 1295 Stop loss : 368
Market Lot : 700 ,CMP : 1312 Market Lot : 1400 ,CMP : 354
STOCK ANALYSIS
OPEN INTEREST ACTIVITY
LONG BUILD UP SHORT BUILD UP
SYMBOL OI (LOTS)
%
CHNG
PRICE %CHNG SYMBOL OI (LOTS)
%
CHNG
PRICE %CHNG
HINDZINC 3023.00 17.5 249.50 1.40
TORNT-
PHARM
837.00 14.8 1621.05 [1.6]
IDFCBANK 2425.00 9.1 77.60 1.10 PETRONET 2180.00 12.6 386.40 [3.8]
IGL 2009.00 6.4 855.35 2.10 TECHM 8182.00 9.8 425.00 [0.3]
VOLTAS 2154.00 5.4 403.50 0.60 RELCAPITAL 7353.00 8.4 544.25 [1.6]
VEDL 6501.00 5.2 198.75 1.20
CUM-
MINSIND
993.00 7 849.70 [1.6]
OI addition : We saw long build-up in Hindustan Zinc, IDFC Bank, IDBI and Marico while short build-up was seen
in Petronet, Reliance Capital, Cummins and Havells
OI Shedding : We saw short covering in Bhel, DCB Bank, Colgate and Gail while long closure was seen Ceat Ltd,
Page Industries, HDIL and Ambuja Cement
3. DAILY DERIVATIVE REPORT
21 OCT 2016
YOUR MINTVISORY Call us at +91-731-6642300
Instrument
Type
Symbol Expiry
Date
Option
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Traded
Value
(Lakhs)
OPTSTK TATASTEEL 27OCT2016 CE 420 11.45 3,463 29,863.53
OPTSTK TATASTEEL 27OCT2016 CE 430 7.10 2,074 18,132.57
OPTSTK INFY 27OCT2016 CE 1,040 29.70 2,041 10,894.55
OPTSTK LUPIN 27OCT2016 CE 1,550 22.65 1,818 8,571.94
OPTSTK SBIN 27OCT2016 CE 260 5.15 1,768 14,094.85
MOST ACTIVE CALLS
MOST ACTIVE PUTS
Instrument
Type
Symbol Expiry
Date
Option
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Traded
Value
(Lakhs)
OPTSTK TATASTEEL 27OCT2016 PE 400 4.55 2,215 17,974.73
OPTSTK TATASTEEL 27OCT2016 PE 410 7.55 1,276 10,691.09
OPTSTK INFY 27OCT2016 PE 1,000 24.85 1,237 6,360.41
OPTSTK TATASTEEL 27OCT2016 PE 380 1.75 1,146 8,760.94
OPTSTK INFY 27OCT2016 PE 980 17.65 1,127 5,639.62
FII ACTIVITY (IN RS. CRORE)
BUY SELL OPEN INTEREST AT THE
END OF THE DATE
DERIVATIVE
PRODUCT
NO.OF
CON-
TRACTS
AMOUNT
IN CRORES
NO.OF
COTRACTS
AMOUNT
IN CRORES
NO. OF
CONTRACTS
AMOUNT
IN CRORES
INDEX FUTURES
11027 759.34 13349 910.96 268853 18029.34
INDEX OPTIONS
254335 18270.95 258197 18455.56 962731 64172.94
STOCK FUTURES 63143 4605.80 67614 4914.53 864748 57723.42
STOCK OPTIONS 38404 2772.15 39236 2829.93 80868 5521.87
4. DAILY DERIVATIVE REPORT
21 OCT 2016
YOUR MINTVISORY Call us at +91-731-6642300
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PRICE VOLUME OI MARKET
RISING UP UP STRONG
RISING DOWN DOWN WEAK
DECLINING UP UP WEAK
DECLINING DOWN DOWN STRONG
GENERAL RULES FOR OPEN INTEREST & VOLUME