MARKET STRATEGY

Indian Market Change (%) July 27, 2022

Last Close 1 day YTD
Sensex 55268.0 (0.9) (6.6)
Trading Strategy:
Nifty 16483.0 (0.9) (6.5)
Short Term (2-3 days): Buy Coal India at 200-202.
Nifty Bank 36408.0 (0.9) (0.0)
Stop Loss: 197. Target: 210.
Nifty Midcap 50 7940.0 (1.2) (6.9)
Trading ideas (Time period: 1- 2days): BUY Mphasis
Nifty Smallcap 50 4084.0 (1.2) (24.6)
August futures at 2180-2190. Stop loss: 2139. Target
:2230.
Developed Markets Change(%)
Derivative Strategy (Time Period: 1 month) : BUY
Last Close 1 day YTD
Bharat Electronics August future at 266.5-267.5. Stop
Dow Jones 31,866 (0.2) (12.9)
loss: 261.55. Target: 272.5
Nasdaq 11577 (1.7) (26.9)
Technical View: Nifty likely to find support at around
S&P 500 3,926 (0.9) (18.2)
16200 while 16850 is likely to act as resistance on the
Hang Seng 20905 1.7 (10.2)
upside. Bank Nifty likely to find support at around
Nikkei 27,631 (0.2) (4.0) 36000 while 37000 is likely to act as resistance.

Institutional Activity (`cr) Asian markets have opened muted. With the Federal
Cash YTD
Reserve meet tonight, all investors will await the
direction of its action & talk to chart the course going
FII -1548 -291082
ahead. The Japanese 'Nikkei' is trading down 50 points
DII 999 238850 with most other Asian indices trading flat to slightly
*Provisional Figures
negative even though US futures were higher after good
Advance/Decline stocks No. (NSE) results from Amazon, Texas Instruments and Microsoft.
26-Jul-22 25-Jul-22
Adv 511 771
Dec 1435 1207

NIFTY
19,000.00
18,000.00
17,000.00
16,000.00
15,000.00
14,000.00
13,000.00
12,000.00
11,000.00
10,000.00
9,000.00

Close
 DERIVATIVE
Current
OI
FutChg OI in OI PCR PCR ATM Max CE Max PE Rollovers
Index Spot Future Basis v/s
(%) Shares Chg OI VOL IV Buildup Buildup (%)
Total
OI (%)
Nifty 16484 16491 (0.8) 7 68.7 116.2 (5.5) 0.99 0.89 17.8 17000.00 16000.00 48.6

BankNifty 36409 36379 (0.9) -29 80.5 23.3 (8.7) 0.91 0.99 21.4 37000.0 36000.0 43.1

OI Gainers
OI OI Chg Price
Underline
(lakhs) (%)
Price
Chg (%)
Action Derivative Snippets
Long
DELTACORP 206 30.8 193 4.5 Nifty/Bank Nifty Weekly expiry update:
Buildup
Short
IDEA 7366 16.4 9 (1.1)  On the options front (28thJuly, 2022 expiry): In Nifty,
Buildup
Short
DIXON 7 14.2 3682 (2.1)
Buildup
out of the money call options have seen an increase
in selling. Hence, we expect the Nifty to trade with
OI Losers negative bias.
OI OI Chg Price
Underline
(lakhs) (%)
Price
Chg (%)
Action  Nifty PCR stood at 0.99x vs 1.18x
MFSL 14 (20.3) 814 (4.6)
Long  FII’s index future long-short ratio stood at 0.6x vs
Unwinding
Short 0.7x
NBCC 102 (20.2) 34 4.4
Covering  FIIs were net sellers in the cash market segment to
Long
MGL 40 (17.4) 728 (2.2)
Unwinding the tune of Rs -1548 cr.
Nifty Monthly Active Strikes
Price
OI
% OI FII Long-Short Activity
Strikes Price Chng OI Change since
Chng (%)
(%) Expiry % Chg Long- Long-Short
%
16800CE 7.2 (82.4) 64 21.4 1308.3 Index OI Since Short Ratio
Chg
Exp Ratio since Exp
16700CE 19 (75.2) 74 18.1 2185.3 Future Index
45 (18) 106
Long 0.6 3.3
16600CE 42 (65.5) 64.9 91.8 1991.8 Future Index
79 1 (37)
Short
16400PE 50 67.6 46.4 3.6 2044.8 Option Index
370 9 81
16100PE 6 15.5 37 29.5 4042.2 Call Long 1.3 0.8
Option Index
286 12 121
Call Short
Since Expiry Option Index 467 5 46 1.7 0.8
OI Chg Price Chg Rollover Put Long
Underline OI Option Index 278 0 73
(%) (%) (%)
NIFTY 116.2 (9.0) 4.5 48.6 Put Short

BANKNIFTY 23.3 (3.9) 8.8 43.1

IOC 714.6 545.7 (3.2) 63.9
SYNGENE 20.2 125.5 3.2 54.1
 DERIVATIVE

Cash and carry arbitrage Reverse cash and carry arbitrage

Spot Futures Basis
Spot Futures Basis Underline Basis Action
Underline Basis Action Price Price (%)
Price Price (%) Sell cash and
SAIL 74.95 72.95 (2.00) (2.7)
Buy cash and Buy future
ONGC 128.20 128.70 0.50 0.4 Sell cash and
Sell future
COFORGE 3702.45 3636.20 (66.25) (1.8)
Buy cash and Buy future
M&MFIN 206.40 207.20 0.80 0.4
Sell future Sell cash and
UPL 726.35 716.35 (10.00) (1.4)
BOSCHLT Buy cash and Buy future
16364.35 16426.55 62.20 0.4
D Sell future

PCR Open Interest PCR Volume

Underline Current Previous % Change Underline Current Previous % Change

JKCEMENT 0.54 0.34 0.58 INTELLECT 0.36 0.09 3.00

HONAUT 0.34 0.24 0.42 HONAUT 0.31 0.09 2.31

BANDHANBNK 0.68 0.49 0.39 COLPAL 0.95 0.34 1.80

MARICO 0.60 0.96 (0.38) PIIND 0.21 0.08 1.78

MPHASIS 0.46 0.70 (0.34) ASTRAL 0.23 0.08 1.76

ASIANPAINT 0.90 1.33 (0.32) BALKRISIND 0.20 0.07 1.76

PERSISTENT 0.29 0.42 (0.32) WHIRLPOOL 0.32 0.13 1.40

BAJAJFINSV 0.76 1.12 (0.32) COROMANDEL 0.19 0.08 1.39

NAUKRI 0.57 0.83 (0.32) ICICIPRULI 0.36 0.16 1.27

PVR 0.53 0.41 0.30 SUNTV 0.20 0.09 1.22

Historical Volatility of Active Stocks

FII Vs Retail Long-Short ratio
140 HV % Chg
1.8
1.6 120
1.4 100
1.2
80
1.0 FII
60
0.8
Retail Clients
0.6 40
0.4 20
0.2
0
0.0 COFORGE IBULHSGFIN IRCTC INTELLECT CHOLAFIN
L/S Fut L/S CE Options L/S PE Option
 PIVOTS AND DEALS
CMP Support Resistanc 50- 200- CMP Support Resistanc 50- 200-
Company Company
(Rs) * e* DMA DMA (Rs) * e* DMA DMA
AARTIIND 746 736 765 728 899 CIPLA 956 946 964 956 945
ABBOTINDIA 19426 19244 19716 18546 18232 COALINDIA 202 200 204 189 175
ABCAPITAL 103 102 103 96 109 COFORGE 3702 3665 3763 3590 4570
ABFRL 265 263 268 255 274 COLPAL 1534 1510 1566 1548 1515
ACC 2180 2164 2203 2157 2216 CONCOR 666 663 670 639 640
ADANIENT 2560 2539 2575 2239 1908 COROMANDEL 1002 988 1028 955 838
ADANIPORTS 749 745 753 717 742 CROMPTON 377 371 384 353 401
ALKEM 3077 3053 3107 3084 3377 CUB 162 160 163 139 141
AMARAJABAT 466 464 469 480 581 CUMMINSIND 1181 1168 1200 1048 987
AMBUJACEM 370 369 371 366 365 DABUR 558 554 565 519 554
APLLTD 707 697 713 728 757 DALBHARAT 1534 1512 1563 1359 1671
APOLLOHOSP 4110 4069 4170 3812 4467 DEEPAKNTR 1819 1801 1849 1840 2182
APOLLOTYRE 209 207 213 202 209 DELTACORP 193 186 198 191 256
ASHOKLEY 145 143 147 140 131 DIVISLAB 3687 3647 3760 3664 4330
ASIANPAINT 3109 3058 3155 2855 3090 DIXON 3686 3636 3773 3614 4488
ASTRAL 1750 1733 1766 1699 2026 DLF 361 356 364 330 371
ATUL 8529 8442 8668 8155 9028 DRREDDY 4212 4161 4296 4329 4406
AUBANK 582 577 587 814 1126 EICHERMOT 3023 2988 3079 2818 2634
AUROPHARMA 526 518 540 534 637 ESCORTS 1694 1677 1718 1588 1700
AXISBANK 706 698 719 666 719 EXIDEIND 150 149 152 144 159
BAJAJ-AUTO 3926 3885 3998 3812 3611 FEDERALBNK 106 105 107 93 94
BAJAJFINSV 13313 12886 13645 12109 15438 FSL 109 107 111 105 144
BAJFINANCE 6264 6190 6361 5800 6780 GAIL 144 143 146 143 146
BALKRISIND 2253 2207 2332 2206 2212 GLENMARK 362 357 370 385 458
BALRAMCHIN 374 369 380 380 396 GMRINFRA 35 35 36 36 39
BANDHANBNK 271 268 274 297 300 GNFC 660 653 672 622 583
BANKBARODA 117 115 117 102 100 GODREJCP 843 830 862 798 849
BATAINDIA 1808 1793 1832 1764 1895 GODREJPROP 1407 1392 1428 1300 1699
BEL 267 263 271 239 220 GRANULES 297 293 302 274 300
BERGEPAINT 586 580 592 589 698 GRASIM 1515 1494 1527 1382 1613
BHARATFORG 704 695 711 664 706 GSPL 222 218 228 236 279
BHARTIARTL 684 674 690 676 703 GUJGASLTD 444 437 454 477 574
BHEL 52 51 53 49 56 HAL 1884 1864 1913 1803 1501
BIOCON 318 315 323 325 350 HAVELLS 1211 1203 1222 1172 1251
BOSCHLTD 16365 16219 16604 14909 15740 HCLTECH 914 907 925 980 1124
BPCL 318 315 320 319 368 HDFC 2293 2282 2306 2214 2466
BRITANNIA 3807 3768 3873 3570 3512 HDFCAMC 1862 1844 1885 1841 2225
BSOFT 319 313 330 351 431 HDFCBANK 1394 1386 1402 1354 1458
CANBK 222 219 225 200 215 HDFCLIFE 523 518 529 563 606
CANFINHOME 546 539 558 465 573 HEROMOTOCO 2801 2775 2837 2695 2581
CHAMBLFERT 314 312 318 320 385 HINDALCO 382 379 387 372 469
CHOLAFIN 678 673 684 648 638 HINDCOPPER 99 96 100 95 116
 PIVOTS AND DEALS
CMP Support Resistanc 50- 200- CMP Support Resistanc 50- 200-
Company Company
(Rs) * e* DMA DMA (Rs) * e* DMA DMA
HINDPETRO 230 226 233 230 281 MCX 1395 1389 1404 1305 1488
HINDUNILVR 2547 2515 2602 2348 2295 METROPOLIS 1499 1468 1553 1520 2360
HONAUT 39187 38651 39673 33821 39364 MFSL 813 796 844 803 866
IBULHSGFIN 100 99 101 105 175 MGL 729 721 742 759 836
ICICIBANK 796 791 802 731 746 MINDTREE 3047 2989 3151 2942 3899
ICICIGI 1157 1145 1179 1197 1333 MPHASIS 2178 2125 2275 2344 2933
ICICIPRULI 527 524 532 520 546 MRF 80150 79665 80800 73835 72688
IDEA 9 9 9 9 11 MUTHOOTFIN 1027 1016 1046 1057 1334
IDFC 52 52 53 50 56 NAM-INDIA 278 274 284 280 336
IDFCFIRSTB 36 35 36 34 43 NATIONALUM 74 73 76 81 102
IEX 154 151 159 173 222 NAUKRI 3869 3791 4005 3788 4842
IGL 352 347 359 364 413 NAVINFLUOR 4242 4148 4337 3722 3829
INDHOTEL 259 255 262 232 217 NBCC 34 33 35 31 40
INDIACEM 188 186 191 167 196 NESTLEIND 18510 18247 18776 17558 18273
INDIAMART 4017 3965 4079 4126 5518 NMDC 104 103 106 115 139
INDIGO 1780 1758 1806 1724 1913 NTPC 150 149 151 147 140
INDUSINDBK 962 952 970 868 943 OBEROIRLTY 886 871 898 796 884
INDUSTOWER 222 220 224 210 239 OFSS 3092 3033 3197 3159 3712
INFY 1451 1432 1484 1470 1679 ONGC 128 127 131 142 156
IOC 72 71 72 98 117 PAGEIND 46194 45774 46457 42364 41475
IPCALAB 984 959 999 926 1009 PEL 1764 1745 1791 1736 2237
IRCTC 596 592 600 620 772 PERSISTENT 3334 3234 3522 3463 4060
ITC 302 301 304 278 246 PETRONET 226 222 228 220 217
JINDALSTEL 362 356 371 360 418 PFC 112 112 114 107 118
JKCEMENT 2424 2357 2470 2216 2851 PFIZER 4136 4111 4171 4175 4586
JSWSTEEL 598 586 604 570 647 PIDILITIND 2321 2285 2342 2188 2355
JUBLFOOD 552 542 569 535 628 PIIND 3040 3018 3070 2699 2775
KOTAKBANK 1762 1744 1787 1776 1849 PNB 32 31 32 30 36
L&TFH 72 72 74 72 77 POLYCAB 2208 2194 2230 2285 2400
LALPATHLAB 2080 2048 2108 2076 2858 POWERGRID 209 207 211 218 211
LAURUSLABS 484 478 495 513 536 PVR 1952 1919 1977 1829 1678
LICHSGFIN 370 368 372 350 374 RAIN 160 157 163 155 195
LT 1751 1735 1774 1608 1765 RAMCOCEM 697 679 707 646 832
LTI 4314 4243 4448 4141 5733 RBLBANK 92 91 95 96 141
LTTS 3254 3178 3388 3279 4467 RECLTD 127 126 128 121 131
LUPIN 628 623 634 625 789 RELIANCE 2422 2407 2440 2547 2505
M&M 1136 1125 1146 1056 904 SAIL 75 74 76 73 97
M&MFIN 206 204 210 184 170 SBICARD 892 882 899 786 876
MANAPPURAM 91 90 94 91 137 SBILIFE 1138 1132 1147 1121 1141
MARICO 508 502 518 505 515 SBIN 514 511 519 470 488
MARUTI 8526 8456 8610 8162 7835 SHREECEM 20652 20455 20795 20111 24295
MCDOWELL-N 850 841 864 793 862 SIEMENS 2677 2649 2720 2470 2362
 PIVOTS AND DEALS
CMP Support Resistanc 50- 200-
Company
(Rs) * e* DMA DMA
SRF 2366 2328 2424 2274 2341
SRTRANSFIN 1478 1465 1500 1231 1264
STAR 332 330 335 326 395 Bulk Deals
SUNPHARMA 868 861 876 856 847 Scrip Qty Avg
Date name
Institution B/S
(`000) price (`)
SUNTV 466 444 485 427 485 GRAVITON
DELTAC
SYNGENE 571 562 579 560 582 26-Jul RESEARCH B 1353 193.0
ORP
CAPITAL LLP
TATACHEM 872 863 887 878 925 REKHA
26-Jul GODHA B 1372 8.8
TATACOMM 1041 1024 1068 957 1199 BHANDARI
MOORE
TATACONSUM 791 783 804 748 760 ZOMAT 4252
26-Jul STRATEGIC S 44
TATAMOTORS 441 438 447 424 456 O 5
VENTURES LLC
TATAPOWER 226 223 231 221 231
TATASTEEL 950 938 969 960 1162
TCS 3116 3085 3158 3243 3540
TECHM 999 983 1026 1051 1390
TITAN 2293 2275 2323 2123 2366
TORNTPHARM 1468 1428 1508 2468 2778
TORNTPOWER 502 497 509 468 509
TRENT 1232 1221 1245 1118 1119
TVSMOTOR 864 859 871 785 677
UBL 1668 1656 1683 1535 1554
ULTRACEMCO 6400 6317 6472 5774 6749
UPL 726 720 736 711 747
VEDL 241 239 245 266 334
VOLTAS 977 965 998 989 1163
WHIRLPOOL 1732 1716 1743 1589 1785
WIPRO 405 401 412 435 566
ZEEL 235 230 240 229 277
ZYDUSLIFE 343 339 348 359 405
 EVENT CALENDAR

Corporate Snippets:

 Larsen & Toubro has posted a year-on-year

growth of 45% in its net profit.
 Aditya Birla Sun Life AMC has posted a year-
on-year decline of 33.6% in its net profit in the
June quarter.
 United Spirits has posted a year-on-year growth
of 419% in its profit in the June quarter.
 Ethos has reported a year-on-year growth of
1430% in its profit in the June quarter.
 Competition Commission of India has given its
approval to the deal between Axis Bank and Citi
Bank. Axis bank is acquiring the Indian
consumer business from Citi. It is also acquiring
the NBFC consumer business from Citi.

Economy Snippets:

 Indian refiners imported 400,000 barrels of oil

per day, on average, in the period between April
and June 2022.
 IMF has cut down India’s growth forecast to
7.4% from 8.2% for financial year 2022-23.
 IMF has lowered its forecast for global growth to
3.2% for 2022-23.
 IMF has forecasted inflation of 6.6% in
developed countries for the year 2022-23.
 IMF has forecasted inflation of 9.5% in emerging
economies for the year 2022-23.

Results today:Maruti Suzuki, Bajaj Finance,

Tata Motors, Colgate Palmolive, Biocon, Clean
Science and Technology, Dixon Technologies,
EIH, JK Lakshmi Cement etc.
 DISCLAIMER

Recommendation Parameters for Fundamental/Technical Reports:

Buy – Absolute return of over +10%

Accumulate – Absolute return between 0% to +10%
Reduce – Absolute return between 0% to -10%
Sell – Absolute return below -10%

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