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DAILY DERIVATIVE REPORT
26 DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
 Post a flat start, the Nifty remained choppy throughout the day. However, expiry activity in the last hour led the in-
dex to close 93 points lower. India VIX fell 1.49% and settled at 15.07. Nifty future started with 103 points premium
for the January series. Nifty rolls were at 66.05%, lower than the 3M average of 70.66%.
 FIIs sold 2808 crore while DIIs bought 510 crore in the cash segment. FIIs sold 1303 crore in index futures and
bought 1036 crore in index options. In stock futures, they sold 1646 crore
 The highest Put base is at the 8000 strike with 39 lakh shares while the highest Call base is at the 8500 strike with 31
lakh shares. The 8300 and 8400 Calls witnessed addition of 10.14 and 17.28 lakh shares, respectively. The 8100 and
8000 Put strikes saw addition of 3.51 and 11.25 lakh shares, respectively
 Nifty Future: TThe Nifty is likely to open flat on the back of mixed global cues. It is likely to trade in the 8270-8340
range.
 Bank Nifty Future: The index has witnessed good rollover activity with a significant rise in rollover cost indicating
support is likely to come on dips.
NIFTY SNAPSHOT & PIVOT POINTS
SPOT FUTURE
COST OF
CARRY
TOTAL FUT OI PCR OI PCR VOL ATM IV
CURRENT 8174 8277 15.36 21301850 1.04 0.88 14.81
PREVIOUS 8267 8272 20.09 29679575 0.99 1.02 14.49
CHANGE(%) -1.12% 0.07% - -28.23% - - -
PIVOT LEVELS S3 S2 S1 PIVOT R1 R2 R3
NIFTY FUTURE 8074 8189 8223 8304 8348 8419 8534
F&O HIGHLIGHTS
INDEX OUTLOOK
 Equity market plunged sharply in late trades on Thursday on account of F&O expiry. The market moved in a thin
range today and exhibited lacklustre movement for a major part of the trading day, before taking a sudden knock in
late trades.
 The oil & gas, IT, FMCG, Healthcare and banking stocks were among the top laggards. Only the realty index on the
BSE managed to close in the positive terrain. The NSE Nifty touched a high of 8,286 in early trade, thereafter slipped
into the negative zone.
MARKET ROUNDUP
DAILY DERIVATIVE REPORT
26 DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
INTRADAY STRATEGY
i) ORIENTAL BANK OF CEMMERCE
Ii) HINDUSTAN PETROLEUM CORPORATION LIM-
ITED
Buy Obc Jan fut in range of 329-330 Sell Hindpetro Jan fut in range of 551-550
View : Bullish View :Bearish
Strategy : Buy Future Strategy : Sell Future
Target1 : 333 Target 2 : 336 Target 1 : 545 Target 2 : 539
Stop loss : 326
Stop loss : 557
Market Lot : 1000 CMP : 326.55 Market Lot : 500 CMP : 555.75
STOCK ANALYSIS
OPEN INTEREST ACTIVITY
LONG BUILD UP SHORT BUILD UP
SYMBOL OI (LOTS)
%
CHNG
PRICE %CHNG SYMBOL OI (LOTS) %CHNG PRICE %CHNG
RPOWER 75628000 51.49 61.95 1.56 SBIN 52855000 43.77 309.45 0.21
RCOM 51132000 64.38 80.70 0.88 ONGC 28505500 60.33 349.00 1.77
ADANI-
POWER
48200000 59.69 43.30 3.46 POWERGRID 27226000 49.97 137.50 1.47
ICICIBANK 47850000 41.26 358.25 0.52 RELIANCE 33072500 37.54 898.25 0.55
TATAPOWER 27512000 49.29 82.50 0.18 HINDALCO 26900000 43.98 152.90 1.04
 OI addition : We saw long built up in Iob, Igl, Apollotyre, Ofss, Adani ent short built up was seen in Col-
pal, Ubl, Divis lab, Ioc, Biocon
 OI Shedding : We saw short cover in Hdil, Adani power, Rpower, Iob, India cement, Sslt while no long
unwinding seen in Sbin, Rcom, Icicibank, Reliance, Ntpc,Ongc
DAILY DERIVATIVE REPORT
26 DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
OI Chart Analysis: From the OI Chart we can see that in December Series addition of open interest
on the calls front is existent in the band at strike price of 8400-8300 indicating it as resistance on the
upside whereas on the put options front we can see that addition of open interest is existent at strike
price of 8200-8100 indicating it as immediate support zone on the downside
F&O TURNOVER
INSTRUMENT NO. OF CONTRACTS TURNOVER(CR) PERCENTAGE CHANGE
INDEX FUTURES 12,48,108 30,506.91 -
STOCK FUTURES 24,01,707 69,378.78 -
INDEX OPTIONS 1,99,54,567 4,53,561.76 0.89
STOCK OPTIONS 4,37,435 13,450.10 0.57
F&O Total 2,40,41,817 5,66,897.54 0.88
NIFTY OPTION OI DISTRIBUTION
0
500000
1000000
1500000
2000000
2500000
3000000
3500000
4000000
4500000
8800 8700 8600 8500 8400 8300 8200 8100 8000 7900 7800
OpenInterest
Strike Price
OI Concentration Chart
Call OI (JAN) PutOI (JAN)
DAILY DERIVATIVE REPORT
26 DECEMBER 2014
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 RELCAPITAL 24DEC2014 CE 500 0.05 9,725 24,425.31
OPTSTK SBIN 24DEC2014 CE 310 0.05 5,524 21,462.12
OPTSTK TATASTEEL 24DEC2014 CE 400 0.05 5,521 11,068.78
OPTSTK RELCAPITAL 24DEC2014 CE 520 0.05 5,023 13,069.85
OPTSTK TATAMOTORS 24DEC2014 CE 490 0.05 2,971 7,305.69
MOST ACTIVE CALLS
MOST ACTIVE PUTS
Instrument
Type
Symbol Expiry
Date
Option
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Traded
Value
(Lakhs)
OPTSTK AMTEK AUTO 24DEC2014 PE 150 0.05 5,070 15,237.38
OPTSTK TATASTEEL 24DEC2014 PE 390 0.05 3,105 6,073.85
OPTSTK SBIN 24DEC2014 PE 300 0.05 2,807 10,537.48
OPTSTK TCS 24DEC2014 PE 2,500 16.00 2,739 8,589.44
OPTSTK RELCAPITAL 24DEC2014 PE 480 0.05 2,319 5,578.93
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
151786 3462.45 214156 4765.62 619000 13930.42
INDEX OPTION 896741 22867.77 850731 21831.40 1454107 37709.50
STOCK FUTURE 488934 13967.45 545889 15613.63 1677142 47767.64
STOCK OPTION 14414 437.72 12570 382.89 3244 78.86
DAILY DERIVATIVE REPORT
26 DECEMBER 2014
YOUR MINTVISORY Call us at +91-731-6642300
DISCLAIMER
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any
responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere
efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on
sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as
only factor, while making investment decision. The report does not provide individually tailor-made investment advice.
Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to
seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information
given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily
indicative of future price performance.
The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic re-
search might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done
so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be
held responsible for .
Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion mar-
ket has its own risks. We, however, do not vouch for the accuracy or the completeness thereof.
We are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations
above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid),
any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with
anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
DATE SCRIP STRATEGY ENTRY
LEVEL TARGET SL REMARK PROFIT/LOSSLOT
24/12/14 IGL LONG 459-460 466-467 453 2ND TGT 60001000
24/12/14
VOLTAS
LTD
SHORT 238-237 234-231 241 1ST TGT 30001000
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

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Epicresearch daily derivatives market report on 26 december 2014

  • 1. DAILY DERIVATIVE REPORT 26 DECEMBER 2014 YOUR MINTVISORY Call us at +91-731-6642300  Post a flat start, the Nifty remained choppy throughout the day. However, expiry activity in the last hour led the in- dex to close 93 points lower. India VIX fell 1.49% and settled at 15.07. Nifty future started with 103 points premium for the January series. Nifty rolls were at 66.05%, lower than the 3M average of 70.66%.  FIIs sold 2808 crore while DIIs bought 510 crore in the cash segment. FIIs sold 1303 crore in index futures and bought 1036 crore in index options. In stock futures, they sold 1646 crore  The highest Put base is at the 8000 strike with 39 lakh shares while the highest Call base is at the 8500 strike with 31 lakh shares. The 8300 and 8400 Calls witnessed addition of 10.14 and 17.28 lakh shares, respectively. The 8100 and 8000 Put strikes saw addition of 3.51 and 11.25 lakh shares, respectively  Nifty Future: TThe Nifty is likely to open flat on the back of mixed global cues. It is likely to trade in the 8270-8340 range.  Bank Nifty Future: The index has witnessed good rollover activity with a significant rise in rollover cost indicating support is likely to come on dips. NIFTY SNAPSHOT & PIVOT POINTS SPOT FUTURE COST OF CARRY TOTAL FUT OI PCR OI PCR VOL ATM IV CURRENT 8174 8277 15.36 21301850 1.04 0.88 14.81 PREVIOUS 8267 8272 20.09 29679575 0.99 1.02 14.49 CHANGE(%) -1.12% 0.07% - -28.23% - - - PIVOT LEVELS S3 S2 S1 PIVOT R1 R2 R3 NIFTY FUTURE 8074 8189 8223 8304 8348 8419 8534 F&O HIGHLIGHTS INDEX OUTLOOK  Equity market plunged sharply in late trades on Thursday on account of F&O expiry. The market moved in a thin range today and exhibited lacklustre movement for a major part of the trading day, before taking a sudden knock in late trades.  The oil & gas, IT, FMCG, Healthcare and banking stocks were among the top laggards. Only the realty index on the BSE managed to close in the positive terrain. The NSE Nifty touched a high of 8,286 in early trade, thereafter slipped into the negative zone. MARKET ROUNDUP
  • 2. DAILY DERIVATIVE REPORT 26 DECEMBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 INTRADAY STRATEGY i) ORIENTAL BANK OF CEMMERCE Ii) HINDUSTAN PETROLEUM CORPORATION LIM- ITED Buy Obc Jan fut in range of 329-330 Sell Hindpetro Jan fut in range of 551-550 View : Bullish View :Bearish Strategy : Buy Future Strategy : Sell Future Target1 : 333 Target 2 : 336 Target 1 : 545 Target 2 : 539 Stop loss : 326 Stop loss : 557 Market Lot : 1000 CMP : 326.55 Market Lot : 500 CMP : 555.75 STOCK ANALYSIS OPEN INTEREST ACTIVITY LONG BUILD UP SHORT BUILD UP SYMBOL OI (LOTS) % CHNG PRICE %CHNG SYMBOL OI (LOTS) %CHNG PRICE %CHNG RPOWER 75628000 51.49 61.95 1.56 SBIN 52855000 43.77 309.45 0.21 RCOM 51132000 64.38 80.70 0.88 ONGC 28505500 60.33 349.00 1.77 ADANI- POWER 48200000 59.69 43.30 3.46 POWERGRID 27226000 49.97 137.50 1.47 ICICIBANK 47850000 41.26 358.25 0.52 RELIANCE 33072500 37.54 898.25 0.55 TATAPOWER 27512000 49.29 82.50 0.18 HINDALCO 26900000 43.98 152.90 1.04  OI addition : We saw long built up in Iob, Igl, Apollotyre, Ofss, Adani ent short built up was seen in Col- pal, Ubl, Divis lab, Ioc, Biocon  OI Shedding : We saw short cover in Hdil, Adani power, Rpower, Iob, India cement, Sslt while no long unwinding seen in Sbin, Rcom, Icicibank, Reliance, Ntpc,Ongc
  • 3. DAILY DERIVATIVE REPORT 26 DECEMBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 OI Chart Analysis: From the OI Chart we can see that in December Series addition of open interest on the calls front is existent in the band at strike price of 8400-8300 indicating it as resistance on the upside whereas on the put options front we can see that addition of open interest is existent at strike price of 8200-8100 indicating it as immediate support zone on the downside F&O TURNOVER INSTRUMENT NO. OF CONTRACTS TURNOVER(CR) PERCENTAGE CHANGE INDEX FUTURES 12,48,108 30,506.91 - STOCK FUTURES 24,01,707 69,378.78 - INDEX OPTIONS 1,99,54,567 4,53,561.76 0.89 STOCK OPTIONS 4,37,435 13,450.10 0.57 F&O Total 2,40,41,817 5,66,897.54 0.88 NIFTY OPTION OI DISTRIBUTION 0 500000 1000000 1500000 2000000 2500000 3000000 3500000 4000000 4500000 8800 8700 8600 8500 8400 8300 8200 8100 8000 7900 7800 OpenInterest Strike Price OI Concentration Chart Call OI (JAN) PutOI (JAN)
  • 4. DAILY DERIVATIVE REPORT 26 DECEMBER 2014 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 RELCAPITAL 24DEC2014 CE 500 0.05 9,725 24,425.31 OPTSTK SBIN 24DEC2014 CE 310 0.05 5,524 21,462.12 OPTSTK TATASTEEL 24DEC2014 CE 400 0.05 5,521 11,068.78 OPTSTK RELCAPITAL 24DEC2014 CE 520 0.05 5,023 13,069.85 OPTSTK TATAMOTORS 24DEC2014 CE 490 0.05 2,971 7,305.69 MOST ACTIVE CALLS MOST ACTIVE PUTS Instrument Type Symbol Expiry Date Option Type Strike Price LTP Traded Volume (Contracts) Traded Value (Lakhs) OPTSTK AMTEK AUTO 24DEC2014 PE 150 0.05 5,070 15,237.38 OPTSTK TATASTEEL 24DEC2014 PE 390 0.05 3,105 6,073.85 OPTSTK SBIN 24DEC2014 PE 300 0.05 2,807 10,537.48 OPTSTK TCS 24DEC2014 PE 2,500 16.00 2,739 8,589.44 OPTSTK RELCAPITAL 24DEC2014 PE 480 0.05 2,319 5,578.93 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 151786 3462.45 214156 4765.62 619000 13930.42 INDEX OPTION 896741 22867.77 850731 21831.40 1454107 37709.50 STOCK FUTURE 488934 13967.45 545889 15613.63 1677142 47767.64 STOCK OPTION 14414 437.72 12570 382.89 3244 78.86
  • 5. DAILY DERIVATIVE REPORT 26 DECEMBER 2014 YOUR MINTVISORY Call us at +91-731-6642300 DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic re- search might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion mar- ket has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. We are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. DATE SCRIP STRATEGY ENTRY LEVEL TARGET SL REMARK PROFIT/LOSSLOT 24/12/14 IGL LONG 459-460 466-467 453 2ND TGT 60001000 24/12/14 VOLTAS LTD SHORT 238-237 234-231 241 1ST TGT 30001000 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