23 Feb 2015 : Try your fortune in the derivative segment with the Derivatives Market Tips by Epic Research Private Limited, a leading financial advisory in India. Our weekly report is based on the analysis done by the research team having years of expertise in Derivative segments like future and options.

1. WEEKLY DERIVATIVE REPORT
23 FEBRUARY 2015
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 The Nifty remained relatively range bound last week as it hovered in the range of 88794-8914. Both lows and highs
of this range were formed in Thursday’s session only. In the rest of the sessions, the Nifty remained highly volatile
within this range.
 During the week, major Nifty gainers were Jindal Steel & Power (27.5%), Bhel (6.1%), TCS (5.4%), HDFC Ltd
(5.1%) and M&M (5%) • On the other hand, Nifty losers of the week were Hero MotoCorp (-6.8%), Reliance Indus-
tries (-4.8%), Axis Bank(- 3.4%) and UltraTech Cement (-3.2%) .
 The Nifty opened flat and remained under selling pressure. Towards the end of the session, the Nifty tumbled over
60 points, as Bank Nifty fell close to 1% and Reliance also fell over 3% adding weakness in Index. Nifty future pre-
mium fell and settled at 15 points. India VIX increased 4.26% and settled at 21.26.
 FIIs sold 89 crore while DIIs bought 205 crore in the cash segment. FIIs closed longs to the tune of sold 642 crore
in index futures and shorted index options worth 43 crore. In stock futures, they closed long worth 325 crore.
 The highest Put base is at the 8800 strike with 43 lakh shares while the highest Call base is at the 9000 strike with
73 lakh shares. The 8900 and 9000 Calls saw additions of 7.76 and 1.22 lakh shares, respectively. The 8900 and 9000
Put strikes saw closure of 2.83 and 0.94 lakh shares, respectively.
 Nifty Future: The Nifty is likely to open flat to positive on the back of mixed global cues. It is likely to trade in the
range of 8820-8950.
 Bank Nifty Future: The Bank Nifty has fallen close to its key support level of 19000, which is one of the highest
Put base and 50 DMA is also at 18980. Hence we recommend going long at lower levels for targets of 19500, which
is one of the highest Call bases.
NIFTY SNAPSHOT & PIVOT POINTS
SPOT FUTURE
COST OF
CARRY
TOTAL FUT OI PCR OI PCR VOL ATM IV
CURRENT 8834 8841 5.4 57636200 0.99 1.07 16.9
PREVIOUS 8806 8841 11.5 55991300 0.9 0.84 17.2
CHANGE(%) 0.30% 0.00% - 2.90% - - -
PIVOT LEVELS S3 S2 S1 PIVOT R1 R2 R3
NIFTY FUTURE 8686 8776 8813 8866 8903 8956 9046
F&O HIGHLIGHTS
INDEX OUTLOOK
MARKET ROUNDUP

2. WEEKLY DERIVATIVE REPORT
23 FEBRUARY 2015
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INTRADAY STRATEGY
i) BHARAT HEAVY ELECTRICALS LIMITED Ii) BHARTI AIRTEL LIMITED
Buy Bhel future in range of 278-279 Sell Bharti airtel future in range of 349-348
View : Bullish View :Bearish
Strategy : Buy Future Strategy : Sell Future
Target1 : 282 Target 2 : 285 Target 1 : 342 Target 2 : 336
Stop loss : 275 Stop loss : 355
Market Lot : 1000 CMP : 276.15 Market Lot : 500 CMP : 350.05
STOCK ANALYSIS
OPEN INTEREST ACTIVITY
LONG BUILD UP SHORT BUILD UP
SYMBOL
OI
(LOTS)
%
CHNG
PRICE %CHNG SYMBOL OI (LOTS) %CHNG PRICE %CHNG
BHEL 30717000 5.49 276.75 5.77 ICICBANK 69057500 5.99 331.85 2.50
IDBI 25752000 4.06 76.40 8.06 IDEA 18240000 12.56 151.45 0.53
PNB 35311250 2.11 167.15 0.72 JINDALSTEEL 26367000 4.77 194.10 0.84
TATAMTRDVR 15021000 2.94 381.75 1.85 IDFC 53824000 1.92 169.65 0.82
RCOM 50126000 0.82 72.15 0.70 AXIS BANK 26251500 3.75 562.20 0.96
 OI addition : We saw long built up in Igl, Hdil, Bhel, Apollohospital while short built up was seen in Idea,
Icici bank, Grasim, Gail, Axis bank
 OI Shedding : We saw short cover in Iob, Divislab, Ubl, Allahabad bank while long unwinding was seen
in Hdfc bank, Sunpharma, Bajaj-auto,Sbin, Mindtree

3. WEEKLY DERIVATIVE REPORT
23 FEBRUARY 2015
YOUR MINTVISORY Call us at +91-731-6642300
OI Chart Analysis: From the OI Chart we can see that in February Series addition of open interest on
the calls front is existent in the band at strike price of 8900-9000 indicating it as resistance on the up-
side whereas on the put options front we can see that addition of open interest is existent at strike
price of 8800-8700 indicating it as immediate support zone on the downside
F&O TURNOVER
INSTRUMENT NO. OF CONTRACTS TURNOVER(CR) PERCENTAGE CHANGE
INDEX FUTURES 8,55,741 24,127.73 -
STOCK FUTURES 11,74,208 35,976.37 -
INDEX OPTIONS 1,06,67,862 2,58,515.44 0.93
STOCK OPTIONS 5,02,709 15,639.42 0.47
F&O TOTAL 1,32,00,530 3,34,260.43 0.91
NIFTY OPTION OI DISTRIBUTION
0
1000000
2000000
3000000
4000000
5000000
6000000
7000000
8000000
9400 9300 9200 9100 9000 8900 8800 8700 8600 8500 8400
OpenInterest
Strike Price
OI Concentration Chart
Call OI (FEB) PutOI (FEB)

4. WEEKLY DERIVATIVE REPORT
23 FEBRUARY 2015
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 JINDALSTEEL 26FEB2015 CE 200 5.40 10,161 21,164.35
OPTSTK RELIANCE 26FEB2015 CE 900 5.55 7,366 16,697.62
OPTSTK SBIN 26FEB2015 CE 310 4.00 5,392 21,203.37
OPTSTK TATASTEEL 26FEB2015 CE 380 5.00 4,148 8,038.62
OPTSTK BHEL 26FEB2015 CE 280 4.80 3,488 9,898.25
MOST ACTIVE CALLS
MOST ACTIVE PUTS
Instrument
Type
Symbol Expiry
Date
Option
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Traded
Value
(Lakhs)
OPTSTK JINDALSTEEL 26FEB2015 PE 180 2.40 6,221 15,139.37
OPTSTK RELIANCE 26FEB2015 PE 860 6.60 3,847 8,326.25
OPTSTK SBIN 26FEB2015 PE 300 4.95 3,191 12,166.49
OPTSTK JINDAL STEEL 26FEB2015 PE 200 10.95 2,573 5,426.97
OPTSTK TCS 26FEB2015 PE 2,600 5.50 2,512 8,191.60
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 FUTURE
33629 875.63 58256 1378.72 868838 20519.79
INDEX OPTION 651114 18027.87 668166 18351.11 2261711 63008.73
STOCK FUTURE 138510 4204.99 131580 4157.73 1993969 61393.59
STOCK OPTION 103037 3098.45 102478 3082.92 120373 3755.55

5. WEEKLY DERIVATIVE REPORT
23 FEBRUARY 2015
YOUR MINTVISORY Call us at +91-731-6642300
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DATE SCRIP STRAT-
EGY LOT ENTRY LEVEL TARGET SL REMARK PROFIT/LOSS
02/19/15 ADANI ENT LONG 500 704-705 711-717 698 SL -3000
02/19/15 RANBAXY SHORT 500 700-699 693-687 706
NOT EXE-
CUTE
-
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
PERFORMANCE UPDATE