Derivatives Daily

Wednesday, March 23, 2022

Nifty Snapshot Market Summary:

Close Prv Cl. Ab chg % chg  Indian markets closed on a positive note where buying was mainly seen in Banking, Automobile,
Spot 17,315.5 17,117.6 197.90 1.16 Technology sectors. Nifty March Future closed at 17362.80 (up 204.15 points) at a premium of
0 0 47.30 pts to spot.
Futures 17,362.8 17,158.6 204.15 1.19
OI (ml shr)
0
17.07
5
16.72 0.35 2.12
 FIIs were net buyers in Cash to the tune of 384.48 Cr and were net buyers in index futures to the
tune of 901.09 Cr.
Vol (lots) 278292 223677 54615 24.4
 India VIX decreased by 2.24% to close at 24.07 touching an intraday high of 25.16.
COC 47.30 41.05 6.25 15.2
PCR–OI 1.01 0.87 0.15 16.9 Open Interest in Nifty Options:

Nifty Futures Price v/s OI

Open Interest in Nifty Options (in million units, All Expiries) Call Put
OI Nifty Futures 12.00
10.16
17,500 19 9.50
10.00
Open interest in millions

17 8.28
17,000
8.00
15
16,500 5.85 5.96
13 6.00
4.57
17.94

4.65
17.72
17.48

17.25
17.12

17.07
16.77

16.72
16.60

16.31

3.80
16.27

11 3.80 3.76 4.06

16,000
4.00 3.70 3.42
3.17
9 2.81 2.56 2.79
15,500
2.00 1.68
7
0.81 1.05 0.97
0.62
15,000 5
0.00
7-Mar

8-Mar

9-Mar

10-Mar

11-Mar

14-Mar

15-Mar

16-Mar

17-Mar

21-Mar

22-Mar

16500.00 16600.00 16700.00 16800.00 16900.00 17000.00 17100.00 17200.00 17300.00 17400.00 17500.00

3.00 Change in Open Interest in Nifty Options (in million units, All Expiries)
Call Put
2.50 2.32
Nifty Futures Price v/s Change in OI
2.00
17,500 1.0
1.50 1.26 1.36
1.13 1.05
17,000
0.5 0.94 1.07 1.01 0.98
1.00 0.78
0.10

0.85

0.36

0.65

0.69

0.46

0.35

Open interest in millions

0.0
0.50 0.19
-0.88

-0.22

-1.41

-0.05

16,500
0.02 0.03
-0.5 0.00 -0.19
16,000 -0.02 0.00 -0.03 -0.08
-1.0 -0.50 -0.38 -0.33
-0.41
15,500
-1.5
-1.00
-1.50 -1.40
15,000 -2.0
7-Mar

8-Mar

9-Mar

10-Mar

11-Mar

14-Mar

15-Mar

16-Mar

17-Mar

21-Mar

22-Mar

-2.00
16500.00 16600.00 16700.00 16800.00 16900.00 17000.00 17100.00 17200.00 17300.00 17400.00 17500.00
OI ch g Nifty Futures

Institutional Activity in previous trading session  The above second chart shows previous trading day’s change in Nifty options where Addition in OI
(in Rs cr.) Buy Sell Net were seen in 17400, 17300, 17100, 17000 strike Puts while liquidation was seen in 17200, 17300,
Index Futures 6122.37 5221.28 901.09 17100 strike Calls indicating market is likely to remain range-bound in the near term.

Index Options 527975.02 526858.06 1116.96  Highest OI build-up is seen at 17500 strike Calls and 16500 strike Puts, to the tune of 8.28mn and
Stock Futures 15171.28 16323.60 -1152.32 10.16mn respectively.

Stock Options 30526.07 30452.19 73.88

Outlook on Nifty:
FII Cash 9,858.98 9,474.50 384.48
DII Cash 4,499.91 5,101.96 -602.05  Index is likely to open on a positive note today and is likely to remain range-bound during the
day.
Net FII Activity (in Rs cr.)
Date Idx Fut Stk Fut Idx Opt Cash

22-Mar 901.1 -1152.3 1117.0 384

21-Mar -551.4 -1233.8 5226.9 -2962
17-Mar 4303.7 823.2 6041.1 2800 Technical Pivot (Intraday):
16-Mar 1822.8 1314.8 4035.4 312 S2 S1 PIVOT R1 R2
NIFTY 16935 17150 17265 17480 17600
15-Mar -1229.0 -1064.0 -776.1 -1250
BANKNIFTY 35070 35775 36185 36890 37300
14-Mar 568.9 -839.6 1997.5 -177
Derivatives Daily
Wednesday, March 23, 2022

Volume Buzzers (Contract wise) Stock Ideas

One  RELIANCE & INFY calls of strike 2500 & 1900 respectively were amongst the most active Calls
Current Volume Price Month whereas RELIANCE & TATASTEEL puts of strike 2500 & 1300 respectively were amongst most
Symbol Volume Change Chg Avg
active Puts.
SUNTV 7906 292% -1.3% 1914
 BSOFT & WIPRO are likely to show good strength whereas DIXON & DELTACORP are likely to
OBEROIRLTY 2407 262% 0.2% 1399 show weakness in today’s trading session.

APOLLOHOSP 8894 216% -2.1% 5643

BANDHANBNK 12032 202% 3.2% 4905 (Price is in Rs; OI is in million units; Price chg and OI chg are in percentage) NB RESEARCH
Fresh Longs seen in: Fresh Shorts seen in:
LICHSGFIN 4344 184% 2.6% 3240

HINDUNILVR 18424 175% -2.9% 7417 Price OI Price OI

Scrip Price OI Scrip Price OI
chg Chg chg Chg
GODREJCP 4869 171% -3.1% 3305
BSOFT 467.9 5.3 4.2 28.1 DIXON 4340.3 -2.9 0.7 22.7
IDFCFIRSTB 4369 170% -2.7% 2796
GNFC 792.4 4.1 4.4 22.6 JKCEMENT 2393.3 -2.8 0.5 14.7
SBICARD 1813 160% 0.6% 1965 OBEROIRLTY 916.1 0.2 2.7 21.4 IDFCFIRSTB 40.8 -2.7 176 10.6
Short Covering seen in: Long Unwinding seen in:
ZEEL 8419 148% -3.2% 5898
Price OI Price OI
Scrip Price OI Scrip Price OI
chg Chg chg Chg

WIPRO 609.5 1.4 33.0 -6.5 DELTACORP 305.0 -2.8 16.2 -15.8
FROM THE EQUITY DERIVATIVE DESK:
JUBLFOOD 2634.4 3.0 2.8 -5.9 BALRAMCHIN 492.1 -1.8 8.1 -13.0
NIRAV HARISH CHHEDA ASHOKLEY 112.6 1.5 43.4 -4.8 TORNTPHARM 2770.9 -0.2 0.8 -8.2
SENIOR DERIVATIVES AND TECHNICAL ANALYST
E-Mail: nirav.chheda@nirmalbang.com
Tel no: 6273-8199/8000
Technical Pivot (Intraday):
Script Name
AMIT BHUPTANI S2 S1 PIVOT R1 R2
DERIVATIVES AND TECHNICAL ANALYST BSOFT 436 452 461 477 487
E-Mail: amit.bhuptani@nirmalbang.com
Tel no: 6273-8242/8000 DIXON 4176 4258 4377 4459 4578
WIPRO 589 599 605 615 621
DELTACORP 290 297 305 312 320
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Derivatives Daily
Wednesday, March 23, 2022

NIFTY50 Options OI (CE OI = Resistance) (PE OI = Support) NIFTY50 Options OI (CE OI = Resistance) ( PE OI = Support)

Highest CE Highest PE Highest CE Highest PE

Symbol OI OI CMP Symbol OI OI CMP
ADANIPORTS 750 700 742 INFY 1900 1800 1891
ASIANPAINT 3100 3000 3062 IOC 130 110 121
AXISBANK 800 700 735 JSWSTEEL 700 650 698
BAJAJ-AUTO 3700 3500 3653 KOTAKBANK 2000 1700 1813
BAJAJFINSV 17000 15000 16562 LT 1800 1800 1780
BAJFINANCE 7000 6000 7009 M&M 780 780 787
BHARTIARTL 720 700 721 MARUTI 8000 7000 7791
BPCL 360 350 369 NESTLEIND 18000 17000 17481
BRITANNIA 3500 3000 3169 NTPC 135 130 133
CIPLA 1100 900 1036 ONGC 200 170 176
COALINDIA 200 160 184 POWERGRID 230 215 210
DIVISLAB 5000 4000 4465 RELIANCE 2500 2400 2539
DRREDDY 4500 4000 4043 SBILIFE 1120 1100 1100
EICHERMOT 2700 2200 2390 SBIN 500 500 496
GRASIM 1700 1600 1586 SHREECEM 25000 22000 23423
HCLTECH 1200 1200 1181 SUNPHARMA 900 880 916
HDFC 2500 2400 2412 TATACONSUM 800 600 754
HDFCBANK 1500 1300 1494 TATAMOTORS 500 400 442
HDFCLIFE 600 520 530 TATASTEEL 1300 1200 1306
HEROMOTOCO 2800 2400 2431 TCS 4000 3600 3708
HINDALCO 600 550 595 TECHM 1540 1500 1543
HINDUNILVR 2100 2000 2000 TITAN 2800 2600 2721
ICICIBANK 800 700 721 ULTRACEMCO 7000 6000 6234
ITC 250 230 250 UPL 800 750 783
INDUSINDBK 1000 900 932 WIPRO 600 600 610
Derivatives Daily
Wednesday, March 23, 2022

OI against MWPL OI against MWPL

Limit for Limit for

Symbol MWPL Open Interest next day % OI Symbol MWPL Open Interest next day % OI

SUNTV 19704232 21808500 Ban 111%

GNFC 18282414 18483400 Ban 101%

DELTACORP 35635456 34035400 Ban 96%

BALRAMCHIN 23498849 22006400 Ban 94%

IDEA 1606294231 1470280000 55699519 92%

SAIL 289139949 264033500 10649451 91%

IBULHSGFIN 80556813 72155600 Ban 90%

NATIONALUM 178967755 152558000 17461367 85%

JINDALSTEL 80699820 64507500 12157329 80%

BHEL 256482590 187488000 56170460 73%

PNB 591377974 420768000 141041075 71%

ESCORTS 14114257 9858750 3549794 70%

ADANIPORTS 145684825 99740000 38660583 68%

TATAMOTORS 355933451 234723150 103413628 66%

LICHSGFIN 60244101 39656000 17575895 66%

RBLBANK 119890099 76876100 37019494 64%

L&TFH 180580821 109024508 62527271 60%

PVR 10116165 6102558 3507798 60%

NMDC 229794455 136144000 82160732 59%

BANKBARODA 372635498 218684700 135319023 59%

STAR 12641694 7342200 4667409 58%

TATAPOWER 339616396 195932250 126703326 58%

HINDCOPPER 65482129 37689500 24518522 58%

CANBK 134484114 74298600 53461308 55%

MANAPPURAM 109926618 59214000 45216287 54%

INDIACEM 44365911 22939000 19208615 52%

BIOCON 92946457 47313300 40985834 51%

DLF 124016568 62127450 55688289 50%

GRANULES 28779078 14390200 12949924 50%

Derivatives Daily
Wednesday, March 23, 2022

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