1. Nifty Options - OI Distribution
The Nifty was down by 71.45 points or 0.83% to
settle at 8,561.30.
As per the OI data, the maximum OI outstanding
for Calls was at 9000 SP and that for Puts was at
8400 SP. Besides, for intraday purpose, one
could Buy on dips upto 8550 with SL of 8500 for
Target of 8650-8700.
Nifty February 2017 futures closed at 8584.30 on
Tuesday at a premium of 23 points over spot
closing of 8561.30.
Among Nifty calls, 8800 SP from the February
month expiry was the most active call with an
addition of 4 Lakh open interests. Among Nifty
puts, 8400 SP from the February month expiry
was the most active put with an addition of 9.7
Lakh open interests.
Nifty February futures saw a contraction of 4.9
Lakh units, taking the total outstanding open
interest to 1.94 Cr. units.
Among most active underlying, Idea Cellular
witnessed a contraction of 75.1 Lakh units of
Open Interest in the February month futures
contract, followed by Infosys witnessing an
addition of 5.7 Lakh units of Open Interest in the
February month contract, ICICI Bank witnessed
an addition of 18.3 Lakh units of Open Interest in
the February month contract.
The top gainers on Nifty were Idea Cellular up by
12.33%, IndusInd Bank up by 0.97%, Power Grid
up by 0.73%, ITC up by 0.68% and Bharti Airtel
up by 0.56%.On the flip side, Bharti Infratel
down by 10.86%, Grasim Industries down by
6.00%, TCS down by 4.33%, Tech Mahindra
down by 3.95% and BPCL down by 3.64% were
the top losers.
Nifty Options – Change in OI
Highlights
FII & DII Derivative Statistics
1st Feb’17
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
0
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
8100 8200 8300 8400 8500 8600 8700 8800 8900 9000
Call Put
Buy Value Sell Value Net Value
FIIs 4,609 5,142 (533)
DIIs 3,726 3,489 237
Net Value
Net Value 49,088 49,979 (891)
Index Futures 2,435 2,755 (320)
Index Options 33,162 32,661 500
Stock Futures 8,912 9,908 (996)
Stock Options 4,580 4,655 (75)
Provisional FIIs & F&O Market (Rs. Cr)
Provisional Cash Market (Rs. Cr)
-400000
-200000
0
200000
400000
600000
800000
1000000
1200000
8100 8200 8300 8400 8500 8600 8700 8800 8900 9000
Call Put
2. Derivative Strategy Pay- Off Chart
The India Volatility Index increased by 0.92% and
reached 16.82.
The Nifty Put Call Ratio (PCR) finally stood at 0.96
for February month contract.
The top five scrips with highest PCR on OI were
Torrent Pharmaceuticals (4.00), IDEA (1.31), KPIT
Technologies (1.29), Wipro (1.09) and Bharti Airtel
(1.07).
India VIX v/s Nifty Chart
1st Feb’17
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Short Covering
Symbol Close Price Chng % OI Chng % Buy Above
IDEA 107.30 10.62 -8.82 114.79
SRF 1712.10 0.82 -8.64 1733.22
TATACHEM 544.55 0.49 -4.54 549.06
POWERGRID 205.90 0.37 -3.77 207.52
Short Built Up
Symbol Close Price Chng % OI Chng % Sell Below
INFRATEL 294.40 -10.80 24.84 275.89
CADILAHC 350.55 -6.95 14.33 333.26
ONGC 201.20 -0.10 14.14 197.48
PFC 129.35 -3.40 13.63 127.31
Long Liquidation
Symbol Close Price Chng % OI Chng % Sell Below
IBREALEST 75.65 -4.18 -12.58 73.64
BAJFINANCE 1040.85 -1.76 -7.90 1025.49
CESC 737.60 -1.05 -7.73 729.98
BIOCON 1013.00 -1.12 -7.17 1001.96
Long Built Up
Symbol Close Price Chng % OI Chng % Buy Above
BAJAJ-AUTO 2848.20 0.32 7.88 2896.47
JPASSOCIAT 11.50 6.98 7.33 12.13
ITC 259.40 0.78 4.95 261.42
IFCI 30.95 3.34 3.28 31.98
(Date: 30.01.2017) View – Range bound
Max Profit of Rs. 21050, Approx. Loss of Rs. 1445 at SL
level of 8350 & 8950
Expiry Date - 23rd Feb-2017
Option
BUY /
SELL
QTY
STRIKE
PRICE
SERIES
OPTION
TYPE
Premium
Sell 75 8650 Feb CE 143.00
Sell 75 8650 Feb PE 137.75 -300.00
-200.00
-100.00
0.00
100.00
200.00
300.00
400.00
8150.00 8350.00 8550.00 8750.00 8950.00 9150.00
3. Contact Us
Kkunal Parar
Sr. Research Associate
kkunal.parar@choiceindia.com
Vikas Chaudhari
Research Associate
vikas.chaudhari@choiceindia.com
www.choiceindia.comcustomercare@choiceindia.com
Disclaimer
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Instrument (s): - No.
Kapil Shah
Research Associate
kapil.shah@choiceindia.com
Amit Pathania
Research Associate
amit.pathania@choiceindia.com
1st Feb’17
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Kkunal Parar
Digitally signed by Kkunal Parar
DN: cn=Kkunal Parar, o=Choice Equity Broking Pvt
Ltd., ou=Research Dept.,
email=kkunal.parar@choiceindia.com, c=IN
Date: 2017.02.01 08:59:26 +05'30'
