1. Nifty Options - OI Distribution
The Nifty was down by 6.85 points or 0.08% to
settle at 8,400.35.
As per the OI data, the maximum OI outstanding
for Calls was at 8400 SP and that for Puts was at
8200 SP Besides, for intraday purpose, one could
use sell on rise strategy upto the level of 8400 to
8420 for Target of 8350/8320 with SL of 8460.
Nifty January 2017 futures closed at 8417.70 on
Friday at a premium of 17.35 points over spot
closing of 8,400.35.
Among Nifty calls, 8400 SP from the January month
expiry was the most active call with an addition of
2.4 Lakh open interests. Among Nifty puts, 8400 SP
from the January month expiry was the most active
put with an addition of 4.4 Lakh open interests.
Nifty January futures saw a contraction of 7.2 Lakh
units, taking the total outstanding open interest to
1.99 Cr. units.
Among most active underlying, Infosys witnessed
an addition of 14.8 Lakh units of Open Interest in
the January month futures contract, followed by
Tata Consultancy Services witnessing an addition of
12.6 Lakh units of Open Interest in the January
month contract, Axis Bank witnessed a contraction
of 90 thousand million units of Open Interest in the
January month contract.
The top gainers on Nifty were Axis Bank up by
3.78%, ITC up by 2.41%, GAIL India up by 2.34%,
HDFC up by 2.04% and Tech Mahindra up by
1.40%.On the flip side, Idea Cellular down by
4.37%, TCS down by 4.11%, Hindalco down by
2.77%, Infosys down by 2.70% and NTPC down by
1.55% were the top losers.
Nifty Options – Change in OI
Highlights
FII & DII Derivative Statistics
16th Jan’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
7,000,000
8,000,000
7800 7900 8000 8100 8200 8300 8400 8500 8600 8700
Call Put
Buy Value Sell Value Net Value
FIIs 3,228 3,345 (118)
DIIs 2,345 2,819 (474)
Net Value
Net Value 40,260 40,507 (247)
Index Futures 1,815 1,724 91
Index Options 25,855 26,084 (229)
Stock Futures 7,405 7,577 (172)
Stock Options 5,185 5,121 64
Provisional FIIs & F&O Market (Rs. Cr)
Provisional Cash Market (Rs. Cr)
-1000000
-800000
-600000
-400000
-200000
0
200000
400000
600000
7800 7900 8000 8100 8200 8300 8400 8500 8600 8700
Call Put
2. Derivative Strategy Pay- Off Chart
The India Volatility Index decreased by 1.57% and
reached 14.38.
The Nifty Put Call Ratio (PCR) finally stood at 1.42 for
January month contract .
The top five scrips with highest PCR on OI were
Marico (2.65), Dabur India (2.31), Pidilite Industries
(2.00), Maruti Suzuki India (1.87) and Ajanta Pharma
(1.61).
India VIX v/s Nifty Chart
16th Jan’17
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Short Covering
Symbol Close Price Chng % OI Chng % Buy Above
HDFC 1247.95 1.86 -5.13 1258.17
AUROPHARMA 704.55 1.14 -4.80 711.56
IBULHSGFIN 748.95 3.01 -3.55 758.39
MCLEODRUSS 154 3.22 -3.46 156.22
Short Built Up
Symbol Close Price Chng % OI Chng % Sell Below
TCS 2250.00 -3.75 21.54 2202.38
APOLLOTYRE 188.50 -3.38 13.74 184.57
IDEA 68.80 -4.64 11.53 66.47
JUSTDIAL 369.45 -0.94 11.51 363.36
Long Liquidation
Symbol Close Price Chng % OI Chng % Sell Below
JPASSOCIAT 9.90 -4.35 -7.51 9.65
ADANIENT 78.65 -2.30 -5.81 77.47
CENTURYTEX 803.80 -2.02 -5.77 792.00
IBREALEST 79.00 -2.53 -5.01 77.95
Long Built Up
Symbol Close Price Chng % OI Chng % Buy Above
HAVELLS 373.20 2.23 7.31 376.64
COALINDIA 311.65 0.91 6.19 313.54
KSCL 460.70 5.67 6.12 474.80
KPIT 142.55 1.93 5.69 145.49
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
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Instrument (s): - No.
Kapil Shah
Research Associate
kapil.shah@choiceindia.com
Amit Pathania
Research Associate
amit.pathania@choiceindia.com
16th Jan’17
SEBI Registered– Research Analyst Equities I Commodities I Currencies I Mutual Funds
Kapil Shah
Digitally signed by Kapil Shah
DN: cn=Kapil Shah, o=Choice Equity Pvt Ltd,
ou=Research Team,
email=kapil.shah@choiceindia.com, c=US
Date: 2017.01.16 09:47:34 +05'30'
