Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
On daily charts if it manages to trade above the levels of 11425 than further upside move can be seen in it. Major resistance are placed at 11450-11500 while down side support is placed at 11317-11234 levels. On option front, maximum Put open interest was seen at 11,000 strike while maximum Call OI was at 11,500.
Sensex closed up 328.83pts @19170.91; Nifty closed up 97.55 pts @5825.00, highest
levels in 22 months and 19 months respectively, after the government agreed to a vote
on its decision to let foreign supermarkets set up shop in India. Also rupee rose to an
over 1-week high breaching 55 to a dollar, with ICICI rose 4.6%,Tata Motors up by 4.4%.
The Indian equity markets ended the week higher, with the Sensex and Nifty gaining 0.32% and 0.17% respectively. Key indices like IT and oil & gas saw gains while the realty sector declined by 5.4%. Top gainers during the week included L&T, ITC, and Maruti Suzuki. Technically, the Nifty is expected to see a range-bound movement around 6,230-5,650 this week. Globally, US and European markets were up while Asian markets finished mixed.
After opening sharply higher, nifty index extended rally as the week progressed and continued its bullish trend seen in the previous week to end at fresh record closing high on Friday. The index formed strong bullish candle on the
Stoxx 600 index dividends and implied volatility surfaces parametersBCV
The document provides implied volatility skew parameters and at-the-money implied volatilities for various stocks across different maturity terms ranging from 30 days to 24 months. For each stock, it lists the ticker, name, sector, current stock price, next ex-dividend date, and implied volatilities at different terms along with skew parameters.
STOXX 600 Index - Dividends and Implied Volatility Surfaces ParametersBCV
The document appears to be a table containing implied volatility skew parameters and at-the-money implied volatilities for various stocks across different maturity terms. For each stock, it lists the ticker, name, sector, current stock price, dividend yield and dates. It then has columns for the at-the-money implied volatilities for different time periods out to 24 months. Additional columns provide parameters for the implied volatility skew in terms of 'a', 'b' and 'c' coefficients.
- The key Indian equity indices, Sensex and Nifty, closed up slightly by 0.31% and 0.23% respectively.
- Overseas markets in France, Germany, Britain and the US were also up between 0.25-0.59%.
- IT and banking stocks contributed the most to gains in the indices, while losses were led by Tata Motors, Ultratech Cement, and Siemens.
On daily charts if it manages to trade above the levels of 11425 than further upside move can be seen in it. Major resistance are placed at 11450-11500 while down side support is placed at 11317-11234 levels. On option front, maximum Put open interest was seen at 11,000 strike while maximum Call OI was at 11,500.
Sensex closed up 328.83pts @19170.91; Nifty closed up 97.55 pts @5825.00, highest
levels in 22 months and 19 months respectively, after the government agreed to a vote
on its decision to let foreign supermarkets set up shop in India. Also rupee rose to an
over 1-week high breaching 55 to a dollar, with ICICI rose 4.6%,Tata Motors up by 4.4%.
The Indian equity markets ended the week higher, with the Sensex and Nifty gaining 0.32% and 0.17% respectively. Key indices like IT and oil & gas saw gains while the realty sector declined by 5.4%. Top gainers during the week included L&T, ITC, and Maruti Suzuki. Technically, the Nifty is expected to see a range-bound movement around 6,230-5,650 this week. Globally, US and European markets were up while Asian markets finished mixed.
After opening sharply higher, nifty index extended rally as the week progressed and continued its bullish trend seen in the previous week to end at fresh record closing high on Friday. The index formed strong bullish candle on the
Stoxx 600 index dividends and implied volatility surfaces parametersBCV
The document provides implied volatility skew parameters and at-the-money implied volatilities for various stocks across different maturity terms ranging from 30 days to 24 months. For each stock, it lists the ticker, name, sector, current stock price, next ex-dividend date, and implied volatilities at different terms along with skew parameters.
STOXX 600 Index - Dividends and Implied Volatility Surfaces ParametersBCV
The document appears to be a table containing implied volatility skew parameters and at-the-money implied volatilities for various stocks across different maturity terms. For each stock, it lists the ticker, name, sector, current stock price, dividend yield and dates. It then has columns for the at-the-money implied volatilities for different time periods out to 24 months. Additional columns provide parameters for the implied volatility skew in terms of 'a', 'b' and 'c' coefficients.
- The key Indian equity indices, Sensex and Nifty, closed up slightly by 0.31% and 0.23% respectively.
- Overseas markets in France, Germany, Britain and the US were also up between 0.25-0.59%.
- IT and banking stocks contributed the most to gains in the indices, while losses were led by Tata Motors, Ultratech Cement, and Siemens.
The document provides a daily market wrap and analysis of the Indian stock market. It summarizes that the key Indian indices (Sensex, Nifty) declined slightly, while European and US markets were up. It then provides details on sector performances, top gainers and losers on the indices, and a technical outlook suggesting the trends are bearish and recommending selling on highs.
TheEquicom Research is an ISO certified and leading financial advisory firm which provide most accurate tips and recommendation. We provide equity tips with more than 90 % accuracy. Theequicom Research also provides tips for stock cash, bullion, stock future, nifty future, agri and option.
The weekly newsletter provides a market wrap of the Indian equity markets for the past week. Key points include:
- The Nifty and Sensex indices closed higher by 0.55% and 0.53% respectively.
- Major sectors like banking, power, and realty declined while top losers included Hdil, Mmtc, and Torrent.
- Technically, Nifty is expected to trade in a range of 5550-5960 for the coming week.
- The Indian equity markets closed higher on January 21, with the Sensex gaining 0.38% and the Nifty gaining 0.42%. The European markets were mixed, with CAC and FTSE up but DAX down. The US markets were up as well.
- ONGC and BPCL were the top gainers in the Nifty, rising over 7% and 9% respectively, while Wipro and Hero MotoCorp were the top losers, falling over 7% and 3%.
- FIIs were net buyers of Indian stocks worth Rs. 564.2 crore, while DIIs were net sellers of Rs. 519.78 crore worth of stocks.
- The Sensex closed up 0.51% while the Nifty gained 0.58% in Indian equity markets. In Europe, the FTSE and CAC closed up 0.22% each while the DAX closed down 0.02%. In Asia, the Hang Seng closed down 0.15% while the Nikkei 225 closed up 1.28%.
- Hindustan Unilever, ITC, Larsen & Toubro, and TCS were the top gainers in the Nifty while Tata Motors, JP Associates, GAIL India, Cipla, and Ranbaxy Labs were the top losers.
- Most sectoral indices closed lower with the CNX Midcap index
- The Sensex rose 0.40% while the Nifty dropped 0.39% as auto and drug makers rose on hopes of rebounding sales and robust earnings.
- Key European indices were up between 0.40-0.58% while the NASDAQ rose 0.06% and the Dow Jones was up 0.03%.
- In sectoral indices, banking and IT indices rose around 0.5-0.6% while metals and oil & gas stocks pulled indices lower.
The Sensex dropped 0.57% and the Nifty fell 0.61% as major European indices declined. In the US, the NASDAQ rose while the Dow Jones fell. Index heavyweight HUL was the top gainer. State Bank of India declined after reporting higher bad loans, weighing on the market. Most sectoral indices ended lower with losses led by Nifty Midcap 50 which fell 1.79%.
Sensex rose 45.78 pts @18,869.69 & while Nifty went up 12.45 pts @ 5731.25, another
day of consolidation for the market. Infrastructure companies and insurance-related
stocks gained on optimism for govt. action.Signs of the economic slowdown in Europe
and Asia was gathering pace and sent world share markets and oil lower on Wednesday.
Sensex closed down 92.66pts@19691.432;Nifty closed down 27.75pts@5988.40.The
Market fell on Monday, posting its first losing session, as investors booked profits in
recent out-performers such as SBI after a four-day winning streak had sent indices to
two year highs. Oil eased to $111 a barrel on Monday as some investors booked profits.
After two weeks of rally, the Indian equity markets seem to have taken a breather as indices ended almost un-changed. Benchmarks failed to carry forward the momentum as tumbling rupee, weak global cues and the no confi-
The document provides a daily market wrap and analysis of the Indian equity market. It summarizes that the Sensex and Nifty indexes rose over 2% as rate sensitive stocks increased on expectations of an interest rate cut. Axis Bank and ONGC were among the top gainers. Infosys and Cairn India were among the top losers. Banking, auto and oil & gas sectors performed well while IT declined. The report also provides technical analysis indicating the equity indexes are in a consolidation phase and lists key support and resistance levels.
Stoxx 600 Index - Dividends and Implied Volatility Surfaces ParametersBCV
The document contains implied volatility skew parameters for the options of 19 stocks across various terms from 30 days to 24 months. For each stock, it lists the at-the-money implied volatilities, skew coefficients that model the implied volatility smile, and ex-dividend dates. The stocks span sectors like consumer staples, healthcare, energy, and financials.
TheEquicom Research is an ISO certified and leading financial advisory firm which provide most accurate tips and recommendation. We provide equity tips with more than 90 % accuracy. Theequicom Research also provides tips for stock cash, bullion, stock future, nifty future, agri and option.
Stoxx 600 Index - Dividends and Implied Volatility Surface ParametersBCV
The document provides a table with stock ticker symbols, names, sectors, implied volatility parameters, and skew parameters for various maturity terms. For each stock, it lists the at-the-money implied volatilities and skew parameters for time periods ranging from 30 days to 24 months. The table contains implied volatility and skew data for over 50 stocks across different industries.
The Indian equity markets declined over the past week. The Nifty lost 1.97% and the Sensex fell 2%. Key sectors like banks, pharma, cement, and finance all ended lower. Technically, the Nifty may see a short-term range-bound movement around 5300-5740. Globally, US and European markets declined with the S&P 500 and Dow Jones both down around 3%. Asian markets also ended lower for the week on bearish trends.
The Indian stock market ended lower, with the Sensex closing down 0.18% and the Nifty down 0.15%. In Europe, major indexes in France, Germany and the UK rose, while the NASDAQ fell slightly and the Dow Jones rose slightly. Top gainers in the Nifty included ACC and Ultratech Cement, while top losers included HDFC Bank and IDFC. Most sectoral indices closed flat to higher, except for banking. FIIs were net buyers of Indian stocks while DIIs were net sellers.
- The Indian stock market ended lower, with the Sensex closing down 31 points and the Nifty down 10 points, as Hindustan Unilever declined on concerns over higher royalty payments.
- European markets were mixed, with the CAC down slightly while the DAX and FTSE rose. The Nasdaq rose over 1% and the Dow Jones rose 0.6%.
- Top gainers in the Nifty included Bajaj Auto, Mahindra & Mahindra, and Hero MotoCorp, while top losers were Hindustan Unilever, BHEL, and GAIL India.
- The key Indian stock indices, Sensex and Nifty, closed flat with a slight negative change of less than 0.1%.
- European markets were mixed with declines in CAC and gains in DAX and FTSE of up to 0.3%.
- US markets gained with the NASDAQ up 0.45% and Dow up 0.46%.
- The Indian stock market indices ended lower, with the Nifty losing 25 points and the Sensex down 66 points. Crude oil inventories in the US came in better than expected.
- Most sectors closed negative for the day, with metals, autos and power among the worst performers. Banking, IT and realty also closed lower, while oil & gas and consumer durables rose. European markets were mostly flat.
- Among Nifty gainers, Cairn India rose nearly 4%, while IDFC and DLF gained over 2% each. Top losers were Maruti Suzuki and Ranbaxy Labs, falling over 3% and 2%, respectively.
The document provides a daily market wrap and analysis of the Indian stock market. It summarizes that the Sensex was down 0.69% and the Nifty was down 0.64% for the day. Key European markets were also down between 0.70% to 1.22%. In Indian markets, banks provided some support while most other stocks continued their selling trend. The analysis also lists the top gainers and losers for the Nifty, sectoral index performances, and a technical outlook suggesting the markets may consolidate with support around 5750 and resistance around 5900.
Last week Nifty index were down almost 6%. nifty falls continuously upto 5th week and correct almost 13% from the peak,the large part of this decline could be attributed in the indian currency and rising crude oil prices. On the index futures front,
Weekly Derivatives Report :25 March 2019Axis Direct
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
The document provides a daily market wrap and analysis of the Indian stock market. It summarizes that the key Indian indices (Sensex, Nifty) declined slightly, while European and US markets were up. It then provides details on sector performances, top gainers and losers on the indices, and a technical outlook suggesting the trends are bearish and recommending selling on highs.
TheEquicom Research is an ISO certified and leading financial advisory firm which provide most accurate tips and recommendation. We provide equity tips with more than 90 % accuracy. Theequicom Research also provides tips for stock cash, bullion, stock future, nifty future, agri and option.
The weekly newsletter provides a market wrap of the Indian equity markets for the past week. Key points include:
- The Nifty and Sensex indices closed higher by 0.55% and 0.53% respectively.
- Major sectors like banking, power, and realty declined while top losers included Hdil, Mmtc, and Torrent.
- Technically, Nifty is expected to trade in a range of 5550-5960 for the coming week.
- The Indian equity markets closed higher on January 21, with the Sensex gaining 0.38% and the Nifty gaining 0.42%. The European markets were mixed, with CAC and FTSE up but DAX down. The US markets were up as well.
- ONGC and BPCL were the top gainers in the Nifty, rising over 7% and 9% respectively, while Wipro and Hero MotoCorp were the top losers, falling over 7% and 3%.
- FIIs were net buyers of Indian stocks worth Rs. 564.2 crore, while DIIs were net sellers of Rs. 519.78 crore worth of stocks.
- The Sensex closed up 0.51% while the Nifty gained 0.58% in Indian equity markets. In Europe, the FTSE and CAC closed up 0.22% each while the DAX closed down 0.02%. In Asia, the Hang Seng closed down 0.15% while the Nikkei 225 closed up 1.28%.
- Hindustan Unilever, ITC, Larsen & Toubro, and TCS were the top gainers in the Nifty while Tata Motors, JP Associates, GAIL India, Cipla, and Ranbaxy Labs were the top losers.
- Most sectoral indices closed lower with the CNX Midcap index
- The Sensex rose 0.40% while the Nifty dropped 0.39% as auto and drug makers rose on hopes of rebounding sales and robust earnings.
- Key European indices were up between 0.40-0.58% while the NASDAQ rose 0.06% and the Dow Jones was up 0.03%.
- In sectoral indices, banking and IT indices rose around 0.5-0.6% while metals and oil & gas stocks pulled indices lower.
The Sensex dropped 0.57% and the Nifty fell 0.61% as major European indices declined. In the US, the NASDAQ rose while the Dow Jones fell. Index heavyweight HUL was the top gainer. State Bank of India declined after reporting higher bad loans, weighing on the market. Most sectoral indices ended lower with losses led by Nifty Midcap 50 which fell 1.79%.
Sensex rose 45.78 pts @18,869.69 & while Nifty went up 12.45 pts @ 5731.25, another
day of consolidation for the market. Infrastructure companies and insurance-related
stocks gained on optimism for govt. action.Signs of the economic slowdown in Europe
and Asia was gathering pace and sent world share markets and oil lower on Wednesday.
Sensex closed down 92.66pts@19691.432;Nifty closed down 27.75pts@5988.40.The
Market fell on Monday, posting its first losing session, as investors booked profits in
recent out-performers such as SBI after a four-day winning streak had sent indices to
two year highs. Oil eased to $111 a barrel on Monday as some investors booked profits.
After two weeks of rally, the Indian equity markets seem to have taken a breather as indices ended almost un-changed. Benchmarks failed to carry forward the momentum as tumbling rupee, weak global cues and the no confi-
The document provides a daily market wrap and analysis of the Indian equity market. It summarizes that the Sensex and Nifty indexes rose over 2% as rate sensitive stocks increased on expectations of an interest rate cut. Axis Bank and ONGC were among the top gainers. Infosys and Cairn India were among the top losers. Banking, auto and oil & gas sectors performed well while IT declined. The report also provides technical analysis indicating the equity indexes are in a consolidation phase and lists key support and resistance levels.
Stoxx 600 Index - Dividends and Implied Volatility Surfaces ParametersBCV
The document contains implied volatility skew parameters for the options of 19 stocks across various terms from 30 days to 24 months. For each stock, it lists the at-the-money implied volatilities, skew coefficients that model the implied volatility smile, and ex-dividend dates. The stocks span sectors like consumer staples, healthcare, energy, and financials.
TheEquicom Research is an ISO certified and leading financial advisory firm which provide most accurate tips and recommendation. We provide equity tips with more than 90 % accuracy. Theequicom Research also provides tips for stock cash, bullion, stock future, nifty future, agri and option.
Stoxx 600 Index - Dividends and Implied Volatility Surface ParametersBCV
The document provides a table with stock ticker symbols, names, sectors, implied volatility parameters, and skew parameters for various maturity terms. For each stock, it lists the at-the-money implied volatilities and skew parameters for time periods ranging from 30 days to 24 months. The table contains implied volatility and skew data for over 50 stocks across different industries.
The Indian equity markets declined over the past week. The Nifty lost 1.97% and the Sensex fell 2%. Key sectors like banks, pharma, cement, and finance all ended lower. Technically, the Nifty may see a short-term range-bound movement around 5300-5740. Globally, US and European markets declined with the S&P 500 and Dow Jones both down around 3%. Asian markets also ended lower for the week on bearish trends.
The Indian stock market ended lower, with the Sensex closing down 0.18% and the Nifty down 0.15%. In Europe, major indexes in France, Germany and the UK rose, while the NASDAQ fell slightly and the Dow Jones rose slightly. Top gainers in the Nifty included ACC and Ultratech Cement, while top losers included HDFC Bank and IDFC. Most sectoral indices closed flat to higher, except for banking. FIIs were net buyers of Indian stocks while DIIs were net sellers.
- The Indian stock market ended lower, with the Sensex closing down 31 points and the Nifty down 10 points, as Hindustan Unilever declined on concerns over higher royalty payments.
- European markets were mixed, with the CAC down slightly while the DAX and FTSE rose. The Nasdaq rose over 1% and the Dow Jones rose 0.6%.
- Top gainers in the Nifty included Bajaj Auto, Mahindra & Mahindra, and Hero MotoCorp, while top losers were Hindustan Unilever, BHEL, and GAIL India.
- The key Indian stock indices, Sensex and Nifty, closed flat with a slight negative change of less than 0.1%.
- European markets were mixed with declines in CAC and gains in DAX and FTSE of up to 0.3%.
- US markets gained with the NASDAQ up 0.45% and Dow up 0.46%.
- The Indian stock market indices ended lower, with the Nifty losing 25 points and the Sensex down 66 points. Crude oil inventories in the US came in better than expected.
- Most sectors closed negative for the day, with metals, autos and power among the worst performers. Banking, IT and realty also closed lower, while oil & gas and consumer durables rose. European markets were mostly flat.
- Among Nifty gainers, Cairn India rose nearly 4%, while IDFC and DLF gained over 2% each. Top losers were Maruti Suzuki and Ranbaxy Labs, falling over 3% and 2%, respectively.
The document provides a daily market wrap and analysis of the Indian stock market. It summarizes that the Sensex was down 0.69% and the Nifty was down 0.64% for the day. Key European markets were also down between 0.70% to 1.22%. In Indian markets, banks provided some support while most other stocks continued their selling trend. The analysis also lists the top gainers and losers for the Nifty, sectoral index performances, and a technical outlook suggesting the markets may consolidate with support around 5750 and resistance around 5900.
Last week Nifty index were down almost 6%. nifty falls continuously upto 5th week and correct almost 13% from the peak,the large part of this decline could be attributed in the indian currency and rising crude oil prices. On the index futures front,
Weekly Derivatives Report :25 March 2019Axis Direct
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Weekly Derivatives Report :29 October 2019Axis Direct
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
The document provides industry allocation recommendations for developed markets based on an analysis of 24 industries. It ranks the industries from 1 to 24 based on their expected return potential, with Semiconductors & Semiconductor Equipment ranked first. It recommends overweighting the top industries and underweighting the bottom industries relative to benchmark weights. The analysis considers factors like valuation, income generation, growth, profitability, and sentiment to determine the industry rankings.
The document provides industry allocation recommendations for developed markets based on an analysis of 24 industries. It ranks the industries from 1 to 24 based on their expected return potential, with Semiconductors & Semiconductor Equipment ranked first. It recommends overweighting the top industries and underweighting the bottom industries relative to benchmark weights. The analysis considers factors like valuation, income generation, growth, profitability, and sentiment to determine the industry rankings.
The document provides a weekly market update including currency exchange rates, stock market indices, commodity prices and economic event calendars. It summarizes movements in major global and Indian currency pairs, stock market indices, commodity prices and lists the top weekly gainers and losers among Nifty 50 stocks. An economic events calendar for the coming week with forecasts and previous results is also included.
#ChoiceBroking #EquityBazaar : Today, We may witness gap down opening in Nifty around 8120 level on back of SGX Nifty and other Asian counters which is trading on mixed note today.
Daily technical analysis of NSE Nifty along with market bias and technical analysis. Easily identify breakout and breakdown stocks using volume & price data. Various tools for trading in Forex and Stocks including Fibonacci, Pivots, Option Pricing, Black Scholes etc.
Weekly Derivatives Report :25 February 2019Axis Direct
- Nifty futures closed at 10,804.45, up 0.58% from the previous week, with a decrease in open interest indicating short covering.
- India VIX volatility index decreased to 15.45% down 6.14% from the previous week.
- FII were net buyers in index futures to the tune of Rs. 690 crore and net sellers in stock futures of Rs. 426 crore.
- Nifty options open interest distribution shows strongest support at 10,700 and resistance at 11,000 levels.
Weekly equity report 22 sep at Money Makerequityreport11
The document is a weekly equity report from Money Maker Research Pvt. Ltd dated 22 September 2012. It summarizes the performance of key stock market indices such as the Sensex and Nifty, which reached their highest closing levels in over a year. The report attributes the market rise to economic reforms announced by the government and an interest rate cut. It provides sector-wise analysis and lists the top weekly gainers and losers. Technical charts are given to analyze the short-term trend and support/resistance levels. International market updates and disclaimers are also included.
Next trading session a close below 11,498 levels shall confirm the short term down trend there by intensifying the selling pressure further which shall eventually lead to the test of 11,340 levels. Resistance levels are placed at 11622 which is all time high for the index.
The weekly newsletter provides a market wrap of the week's performance of key stock indices. Indian markets gained over 1.5% for the week supported by the ECB's pledge to buy bonds of troubled Eurozone countries. Technically, Nifty is expected to trade in the range of 5150-5500. Key events next week include India's IIP and WPI inflation numbers and the US FOMC meeting where further monetary stimulus is expected.
Today, We may witness opening in Nifty around 7800 level on
back of SGX Nifty and other Asian counters which is trading on mild negative note today.
Nifty Outlook: Nifty has formed 3rd base in the range of 7980 to 7850 level. After a heavy sell Nifty ended on silent note
at 7849 with minute gain of 2 points.
BankNifty Outlook: BankNifty closed at 16795 with gain of around 0.47%. Index opened on positive note but not able to
sustain at its watermark level and soon it turned down however in later part of the day recovery has been observed.
Weekly equity report 8 sep for Money Makerequityreport11
The Indian stock market had a relief rally this week, with the Nifty closing above 5350 and Sensex above 17734.90, up about 2% from the previous week. This was due to the ECB's plan to buy bonds of troubled Eurozone countries and an improvement in US jobs figures. However, fuel prices are not expected to increase in the near future. Most sectors closed up over 1%, with real estate and energy gaining over 1.7%. The outlook is bearish in the short term, with resistance at 5385 and 5485 and support at 5170 and 5070.
Choicebroking #Equitybazaar: Today, We may witness negative opening in Nifty around 7780 level on back of SGX Nifty and other Asian counters which is trading on negative note today.
This daily market report provides an overview of global and Indian stock market performance, key sectoral indices, and notable company earnings results. Some of the key highlights include:
- Global indices were mostly up, while Indian indices closed slightly down.
- Several companies reported increased quarterly profits, including IIFL Holdings, Berger Paints, and SRF.
- Yes Bank, Hindalco and Axis Bank saw share price gains, while Infosys, NTPC and HCL Tech declined.
- Technical recommendations were given to sell Hindalco, SAIL, Nifty and Bank Nifty futures based on chart analysis.
Indian Equity market is Mostly, in a strong up trend but a correction cannot be ruled out at this point. As we seen first half of the week was fully dominated by bearish and the latter part tries to make up for the damage. Courtesy to relentless appreciation in US Dollar against the Indian Rupee.
The summary provides an overview of the key points from the document:
1) The markets are expected to open flat, with emerging markets trading mixed. The trading range for the day is forecast to be between 7830-7920.
2) Various market indicators are presented such as open interest, volatility levels, and fund flows. Sectoral analysis shows short buildup in cement and long unwinding in sectors such as PSU banks and NBFCs.
3) Trading ideas are given for short positions in Tata Steel and Relinfra based on technical analysis. Key stocks that may outperform or underperform are also highlighted.
The weekly equity report from Money Maker Research Pvt. Ltd provides analysis of the market performance and outlook. Key points include:
- The Sensex and Nifty indexes reached their highest closing levels in over a year, gaining on hopes of economic reforms in insurance and pensions.
- Manufacturing activity growth was steady, while exports declined in August. The rupee fell against the dollar.
- The market will watch GDP and industrial output data, along with the RBI policy review at the end of the month.
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Similar to Daily Derivatives Report:28 November 2019 (20)
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
- Nifty futures closed at 8651.4 on March 30th, down 3.85% with a decrease in open interest indicating short covering. BankNifty closed higher at 19779 with an 18.51% rise in open interest showing long buildup.
- India VIX index is at 70.58. Nifty put and call option IVs are quoting at 70.3 and 63.53 respectively.
- ASIANPAINT, BANDHANBNK, NAUKRI and RELIANCE saw long buildup while HDFCLIFE, KOTAKBANK, GAIL and M&MFIN had short buildup as per the report.
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
The document provides a technical analysis of the Nifty and Bank Nifty indices for the week. It notes that both indices ended the week lower, forming bearish candlestick patterns and closing at new 3-year lows. It identifies support and resistance levels for the indices and sees further downside if those levels are broken. The analysis recommends selling on rallies as the indices remain in downtrends in the short to medium term. Specific stock ideas are also provided based on the technical analysis.
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
- The Nifty and Sensex indices opened with downward gaps and fell throughout the trading session, closing near their lowest points of the day with losses of over 7%.
- On the daily chart, both indices have formed bearish candles and remain restricted within the high-low ranges of previous sessions, indicating an absence of strength on either side and a sustained downtrend.
- Technical indicators suggest that if the Nifty breaks below 9,130 it could fall to 9,000-8,920, while a move above 9,380 could trigger a short-term pullback rally to 9,450-9,520.
Axis Direct presents daily derivatives report presenting recommendations based on technical analysis. For trading in derivatives visit https://simplehai.axisdirect.in/offerings/products/derivatives
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1. 28 November 2019 For private circulation only
DAILY DERIVATIVE REPORT
28 Nov 2019
Nifty Futures View Volatility FII Activity
Nifty Active Futures 12108.55 India VIX Index 14.62 INDEX FUTURES -371
Nifty Active Futures OI 6844800 Nifty ATM Call IV 15.86 INDEX OPTIONS 75
Change in OI -3557100 Nifty ATM Put IV 8.91 STOCK FUTURES 529
Premium / Discount 7.85 PCR Index Options 1.64 STOCK OPTIONS 69
Inference Short Covering PCR F&O Total 1.08 FII Net Activity 302
NNiiffttyy OOppttiioonnss OOII DDiissttrriibbuuttiioonn HIGHLIGHTS:
Nifty futures closed at 12108.55 on a positive note with -
34.20% decrease in open interest indicating Short Covering.
Nifty Futures closed at a premium of 8 points compared to the
previous day premium of 38 points.
BankNifty closed at 31872 on a positive note with -16.50%
decrease in open interest indication Short Covering. BankNifty
Futures closed at a discount of 4 points compared to the
previous day discount of 69 points.
FII's were Sellers in Index Futures to the tune of 371 crores
and were Buyers in Index Options to the tune of 75 crores,
Stock Futures were Buyers to the tune of 529 crores. FII's
were Net Buyers in derivative segment to the tune of 302
crores.
India VIX index is at 14.62.Nifty ATM call option IV is currently
at 15.86 whereas Nifty ATM put option IV is quoting at 8.91
NNiiffttyy OOppttiioonnss --CChhaannggee iinn OOII
Index options PCR is at 1.64 and F&O Total PCR is at 1.08.
Among stock futures EQUITAS, VOLTAS, RBLBANK &
TORNTPHARMA have witnessed long build up and may show
strength in coming session.
Stock which witnessed short build up are LT, NCC,
MCDOWELL & SUNTV may remain weak in coming session.
Nifty Put options OI distribution shows that 12000 has highest
OI concentration followed by 11900 & 12100 which may act as
support for current expiry.
Nifty Call strike 12100 followed by 12200 witnessed significant
OI concentration and may act as resistance for current expiry.
SSEECCUURRIITTIIEESS IINN BBAANN PPEERRIIOODD:: NNIILL
__________________________________________________________________________________________________________________
SSttoocckk FFuuttuurreess -- LLoonngg BBuuiilldd
____________________________________________________________________________________________________________
SSttoocckk FFuuttuurreess -- SShhoorrtt BBuuiilldd UUpp
Symbol Fut Price % Chg Open Interest % Chg
EQUITAS 96.05 4.63% 13339300.00 18.79%
VOLTAS 703.05 0.09% 3863000.00 16.78%
RBLBANK 368.25 5.65% 15597000.00 12.30%
TORNTPHARM 1865.85 4.47% 387500.00 10.40%
Symbol Fut Price % Chg
Open
Interest
% Chg
LT 1335.55 -2.22% 16727250.00 7.67%
NCC 57.10 -3.47% 48006000.00 4.84%
MCDOWELL-N 608.05 -0.43% 11536250.00 3.31%
SUNTV 480.95 -1.65% 3153600.00 2.85%
0
100
200
300
400
500
11700
11800
11900
12000
12100
12200
12300
12400
12500
12600
x10000
Call_oi Put_oi
-100
-50
0
50
100
150
11700
11800
11900
12000
12100
12200
12300
12400
12500
12600
x10000
Call_chg Put_chg
2.
3. NIFTY HIGHLIGHTS
The Nifty November rollover stands at 63% on Wednesday compared to 53.23% on same day of previous expiry. The
Market wide November rollover stands at 71.9% on Wednesday as compared to 68.45% on same day of previous
expiry. The rollover cost in the November series stands at 0.36 on Wednesday compared to 0.41 on same day of
previous expiry. The Nifty Wednesday rollover is higher than its three months average of 50.71% and higher than its
six months average of 51.97% as on today. The market wide rollover is higher than its three months average of 71.51%
and higher than its six months average of 70.06%.The Option data of November series shows highest Call OI at 12,100
strike price followed by 12,200 and highest Put OI concentration is seen at 12,000 followed by 11,900.
Nifty Rollover Vs Market wide Rollover
53.25
42.96
65.40
48.62
61.27
47.11
47.75
58.06
58.63
51.56
55.24
52.87
42.36
56.55
53.23
53.23
67.96
62.37
60.69
65.54
66.59
65.25
64.71
66.32
66.32
69.22
66.24
70.38
70.38
75.69
68.45
71.90
0.41
0.00
0.10
0.20
0.30
0.40
0.50
0.60
0.70
0.80
0.90
0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
80.0
Aug'18
Sep'18
Oct'18
Nov'18
Dec'18
Jan'19
Feb'19
Mar'19
Apr'19
May'19
Jun'19
Jul'19
Aug'19
Sep'19
Oct'19
Nov'19
Nifty Rollover Vs Marketwide Rollover
Nifty Rollover Marketwide Rollover Roll Cost
SECTOR HIGHLIGHTS
-Textile, Oil_Gas, FMCG, Realty and Finance sectors saw higher
rollovers on Wednesday compared to same day of previous expiry.
-Capital_Goods, Telecom, Automobile, Cement and Fertilisers sectors
saw lower rollovers on Wednesday compared to same day of previous
expiry.
Higher rollover in current expiry: Cement, Textile, Realty, FMCG and
Banking.
Lower rollover in current expiry: Media, Telecom, Capital_Goods,
Infrastructure and Automobile.
Sector Wise Rollover Percentage Change
Strong Weak
Sector % Change* Sector
%
Change*
Textile 53.26 Capital_Goods -5.61
Oil_Gas 23.29 Telecom -4.47
FMCG 18.76 Automobile -1.51
Realty 16.92 Cement 3.54
Finance 9.07 Fertilisers 3.57
* % Rollover change compared to same day of previous expiry
Sectorwise Rollover
58.9
64.9
68.0
61.7
72.5
68.0
66.4
58.9
70.5
70.6
73.5
71.2
74.5
67.1
70.7
54.4
81.8
61.7
62.0
64.2
66.8
71.4
72.2
72.4
72.6
73.8
75.0
76.1
76.4
78.3
79.7
82.6
83.4
84.7
0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
80.0
90.0
Media
Telecom
Capital_Goods
Infrastructure
Automobile
Power
Finance
Oil_Gas
Metals
Technology
Fertilisers
Pharma
Banking
FMCG
Realty
Textile
Cement
Sectorwise Rollover
Previous Expiry Current Expiry
7. Disclosures:
The following Disclosures are being made in compliance with the SEBI Research Analyst Regulations 2014 (herein after referred to as the
Regulations).
1. Axis Securities Ltd. (ASL) is a SEBI Registered Research Analyst having registration no. INH000000297. ASL, the Research Entity (RE) as defined
in the Regulations, is engaged in the business of providing Stock broking, Commodity Broking, Depository participant, Portfolio Management
services & distribution of various financial products. ASL is a subsidiary company of Axis Bank Ltd. Axis Bank Ltd. is a listed public company
and one of India’s largest private sector bank and has its various subsidiaries engaged in businesses of Asset management, NBFC, Merchant
Banking, Trusteeship, Venture Capital, Stock Broking, the details in respect of which are available on www.axisbank.com.
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Research Team
Sr. No Name Designation E-mail
1 Rajesh Palviya Technical Analyst – (Head -Technical & Derivative) rajesh.palviya@axissecurities.in
2 Hemang Gor Derivative Analyst heamang.gor@axissecurities.in
3 Rahil Vora Derivative Analyst rahil.vora@axissecurities.in
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