The nifty future is likely to trade in the range of 5800-6200 level in short term as the OI is added. The trading strategy would be to create long positions if the nifty takes support around 5800 levels for the target of 5850 and 5900. On the other hand, one can also create short positions if the nifty resist around 6080 levels.

1. Daily Derivative Report 10th Jan 2011
NIFTY: 5904.60 -143.65 NIFTY FUT: 5896.10 -176.15
F & O HIGHLIGHTS
Nifty Sentiment Indicators The 50-share S&P CNX Nifty finally settled at 5,904.60 after losing 143.65 points or
Put Call Ratio-Index Options 0.98 2.38%. The India VIX surged 14.39% to 20.82 on Friday compared to its previous close
Put Call Ratio-Stock Options 0.36 of 18.20 on Thursday. Nifty January futures saw an addition of 15.11% or 3.01 million
(mn) units, taking the total outstanding open interest (OI) to 22.91 mn units.
For Nifty calls, 6100 strike price (SP) from the January series was the most active call
Volume with an addition of 2.91 mn or 54.77%.
Product 06.01.11 07.01.11 % Chg
Among Nifty puts, 5900 SP from the January month expiry was the most active put
Index Futures 446044 771107 72.88%
with a contraction of 0.08 mn or 1.35%. The maximum Call OI outstanding was at
Stock Futures 555719 663202 19.34% 6100 SP (8.24 mn) and that for Puts at 5900 SP (6.05 mn). The respective Support and
Resistance levels are: Resistance 6,009.33, Pivot Point 5,841.73 Support 5,946.47.
Index Options 2264227 3730886 64.78%
The Nifty Put Call Ratio (PCR) OI wise stood at 0.94 for January-month contracts.
Stock Options 121843 167476 37.45%
The top five scrips with highest PCR on OI were PNB 1.38, Hero Honda 1.16, Tata
Total F&O 3387833 5332671 57.41% Power 1.00, Infosys 0.82, Axis Bank 0.71. Among most active underlyings SBI
witnessed an addition of 4.63% in the January month futures contract, followed by
Index Spot Future Basis Tata Motors which saw an addition of 4.30% of OI in the near month contract. Tata
Steel witnessed an addition of 3.17% in the near-month futures, while Reliance
NIFTY 5905 5896 (9) Industries saw an addition of 0.12% while; ICICI Bank witnessed an addition of
5.50% in the near month futures contract.
BANK NIFTY 11053 11050 (3)
CNXIT 7333.8 7350 16
Open Interest gainer Open Intrest Loser
Symbol Last price Chg (%) Open Increase (%) Open Increase
Symbol Last price Chg(%)
Interest Interest (%)
YESBANK 271.5 -4.79% 7,003,000 21.24% HINDZINC 1,350.00 -1.39% 294,500 -17.28%
INDIANB 221.9 -5.25% 1,782,000 12.57% SOBHA 312.15 -3.91% 160,000 -13.98%
SRTRANSFIN 710.25 -4.36% 269,000 12.32% ASHOKLEY 61.8 -5.07% 16,076,000 -13.36%
JSWSTEEL 1,036.00 -6.46% 3,113,250 11.13% HCLTECH 466.45 -2.76% 1,142,500 -13.08%
TATAPOWER 1,397.00 -0.22% 874,000 10.35% ITC 171.95 -3.99% 11,942,000 -11.12%
CMP
Nifty Option Open Interest Distribution
12,000,000
Nifty Jan 5900 call added 17.75 lakh shares in OI, up 237.59% and 6000 call
10,000,000
open interest
added 30.14 lakh shares in OI, up 132.35%. On the put side nifty Jan 5800 put
8,000,000
call added 14.01 lakh shares in OI, up 25.39% and 5700 put added 3.57 lakh in OI,
6,000,000
put up 7.13%. The put-call ratio of stock option increased from 0.31 to 0.36 while
4,000,000
put-call ratio of index option decreased from 1.09 to 0.98. On the whole the
2,000,000
put call ratio was at 0.94.
0
0
0
0
0
0
0
0
0
0
0
0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
00
00
00
00
00
00
00
00
00
00
00
Analyst
50
52
54
56
58
60
62
64
66
68
70
strike price Pashupati Nath Jha
Pashupatinathjha@moneysukh.com
For Private circulation Only For Our Clients Only
Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
Mansukh Securities and Finance Ltd
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com
Website: www.moneysukh.com

2. Daily Derivative Report
NIFTY STRATEGY :
The nifty future is likely to trade in the range of 5800-6200 level in short term as the OI is added. The trading strategy would be to create long positions if the
nifty takes support around 5800 levels for the target of 5850 and 5900. On the other hand, one can also create short positions if the nifty resist around 6080
levels.
MO ST ACTIVE CALLS MOST ACTIVE PUTS
Contracts Open Contracts Open
Sym bol Expiry Date Strike Price Sym bol Expiry Date Strike Price
Traded Interest Traded Interest
NIFTY 27-Jan-11 6100 523063 8236150 NIFTY 27-Jan-11 5900 424752 6057050
NIFTY 27-Jan-11 6200 419060 10547400 NIFTY 27-Jan-11 6000 404841 5999850
NIFTY 27-Jan-11 6000 367334 5292600 NIFTY 27-Jan-11 5800 327529 6919750
NIFTY 27-Jan-11 6300 204419 6179750 NIFTY 27-Jan-11 6100 177360 3076500
NIFTY 27-Jan-11 5900 96826 2522500 NIFTY 27-Jan-11 5700 160850 5278100
NIFTY 27-Jan-11 6400 73579 3550750 NIFTY 27-Jan-11 5600 79059 4116300
NIFTY 27-Jan-11 6500 42335 2336000 NIFTY 27-Jan-11 5500 37601 2293250
NIFTY 24-Feb-11 6300 19293 863950 NIFTY 27-Jan-11 6200 32180 1534800
NIFTY 24-Feb-11 6400 18536 1109300 NIFTY 24-Feb-11 6000 26043 1225200
NIFTY 24-Feb-11 6200 15208 681800 NIFTY 24-Feb-11 5700 25843 1279850
PAY OFF MATRIX
INDEX STRATEGY AS ON 10 TH JAN 2011
200
UNDERLYING
NIFTY 150
ASSET
100
CMP 5914
50
BUY NIFTY JAN 5900 CA @ 102 0
STRATEGY
BUY NIFTY JAN 5900 PA @ 106.20 -50 0 5 10 15 20
MAX LOSS 208.2 -100
-150
MAX PROFIT UNLIMITED -200
-250
LOT SIZE 50
For any information or suggestion, please send your query at research@moneysukh.com
For Private circulation Only For Our Clients Only
Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
Mansukh Securities and Finance Ltd
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com
Website: www.moneysukh.com

3. Daily Derivative Report
STRATEGY TRACKER
NET PROFIT/
DATE OF UNDERLYING IN/OUT
STRATEGY LOSS AS ON REMARK
STRATEGY ASSET FLOW
07/01/11
BUY NIFTY JAN 6200CA@69 MAY BOOK PARTIAL
31/1/2010 NIFTY (106.8) POINTS 16 POINTS
BUY NIFTY JAN 5900PA@37.80 AS ON 10.1.11
BUY NIFTY 6000 CA@204
MAY BOOK PARTIAL
3/1/2011 NIFTY SELL NIFTY TWO 6100CA@135 (13) POINTS 08 POINTS
AS ON 7.1.11
BUY NIFTY 6200CA@79
BUY REL IND TWO JAN 1100 CA@16.35 MAY BOOK PARTIAL
5/1/2011 REL IND (42.4) POINTS 6 POINT
BUY REL IND JAN 1040 PA@9.70 AS ON 7.1.11
NAME DESIGNATION E-MAIL
Varun Gupta Head - Research varungupta@moneysukh.com
Pashupati Nath Jha Research Analyst pashupatinathjha@moneysukh.com
Vikram Singh Research Analyst vikram_research@moneysukh.com
This report is for the personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you. Mansukh Securities and Finance Ltd
(hereinafter referred as MSFL) is not soliciting any action based on it. This report is not for public distribution and has been furnished to you solely for your information and should not
be reproduced or redistributed to any person in any form.
The report is based upon information that we consider reliable, but we do not represent that it is accurate or complete. MSFL or any of its affiliates or employees shall not be in any way
responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. MSFL or any of its affiliates or employees do not
provide, at any time, any express or implied warranty of any kind, regarding any matter pertaining to this report, including without limitation the implied warranties of
merchantability, fitness for a particular purpose, and non-infringement. The recipients of this report should rely on their own investigations.
MSFL and/or its affiliates and/or employees may have interests/positions, financial or otherwise in the securities mentioned in this report. This information is subject to change
without any prior notice. MSFL reserves the right to make modifications and alterations to this statement as may be required from time to time. Nevertheless, MSFL is committed to
providing independent and transparent recommendations to its clients, and would be happy to provide information in response to specific client queries.
For Private circulation Only For Our Clients Only
Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
Mansukh Securities and Finance Ltd
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com
Website: www.moneysukh.com