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May 15, 2012
The Nifty futures open interest increased by 2.90% while
Nifty Vs OI
Minifty futures open interest is increased by 4.32% as market closed at 4907.80 levels.
The Nifty May future closed at a discount of 19.55 point
against a premium of 2.45 points. The June series closed at a discount of 3.65 points.
The Implied Volatility of at the money options is
increased from 21.05% to 22.03%.
The PCR-OI has being decreased from 0.95 to 0.93
The total OI of the market is `1,19,631/-cr. and the
stock futures OI are `24,631/-cr.
Few of the liquid counters where we have seen high cost-
of-carry are ABGSHIP, TTML, GMRINFRA, LITL and HCC.
SCRIP COLPAL EDUCOMP BPCL NCC JUBLFOOD OI 109750 3430000 1113000 5532000 851250 OI CHANGE (%) 28.36 13.92 13.22 12.62 12.15 PRICE 1215.80 155.50 713.85 34.00 1148.30 PRICE CHANGE (%) 2.94 -7.27 1.93 -4.90 1.52
FII’s were net buyers in cash market segment; they
were net buyer’s worth of `355/- cr. On derivatives front they were net sellers in index futures with decent buildup in open interest indicating some shorts buildup by them, while in index options there was muted performance by them.
On options front buildup in call option was quite
SCRIP OI OI CHANGE (%) PRICE PRICE CHANGE (%)
scattered; there was some buildup seen in 4900, 5000 and 5200 call option however 5700 call option have seen some unwinding. While in put option 5000 strike price have seen decent unwinding in open interest in yesterday’s trading session.
TTKPRESTIG CIPLA BOSCHLTD DIVISLAB IVRCLINFRA
62875 2476000 7000 837500 21372000
-16.17 -11.48 -9.68 -9.21 -8.76
3026.25 320.40 9004.30 881.85 45.20
4.57 0.47 0.05 7.29 -11.63
The recent fall in the counter of MARUTI was due to long unwinding followed by some fresh shorts seen in the stock in last few trading sessions. We feel the downward trend could continue in this counter as it has breached its crucial support of `1260-1265 and the cost-of-carry is also negative. Hence we recommend to go short with the target price of `1175 and stop loss at `1280.
SCRIP NIFTY BANKNIFTY SBIN RELIANCE INFY PCR-OI 0.93 0.60 0.42 0.43 0.40 PCR-VOL 0.89 0.75 0.39 0.43 0.53
SCRIP ORCHIDCHEM DIVISLAB PRAJIND BOMDYEING IVRCLINFRA HV 84.31 41.74 66.32 72.51 87.78
May 15, 2012
FII Statistics for 14-May-2012
Open Interest Detail Buy Sell Net Contracts INDEX FUTURES INDEX OPTIONS STOCK FUTURES STOCK OPTIONS TOTAL Value (` in cr.) 11285.24 39101.13 20679.50 1120.65 72186.53 Change (%) 4.26 (0.03) 0.87 5.95 0.99
Turnover on 14-May-2012
No. of Contracts Turnover (` in cr.) Change (%)
596.53 9149.06 1162.64 625.22
923.59 9149.03 883.94 612.12
(327.06) 0.03 278.70 13.10 (35.23)
480881 1594353 889232 46670 3011136
INDEX FUTURES INDEX OPTIONS STOCK FUTURES STOCK OPTIONS TOTAL
324851 2040494 386695 148005 2900045
7464.02 51229.63 9151.38 3750.95 71595.97
-41.04 -45.99 -21.08 -16.93 -42.09
Nifty Spot =4907.80
Lot Size = 50
Action Buy Sell Buy Sell Buy Sell Strike 4900 5000 4900 5100 5000 5100 Price 87.25 46.20 87.25 21.90 46.20 21.90 24.30 75.70 5024.30 65.35 134.65 4965.35 Risk 41.05 Reward 58.95 BEP 4941.05
Action Buy Sell Buy Sell Buy Sell Strike 4900 4800 4900 4700 4800 4700 Price 231.30 156.60 231.30 102.30 156.60 102.30 129.0 0 54.30 71.00 45.70 4771.00 4745.70 Risk 74.70 Reward 25.30 BEP 4825.30
Note: Above mentioned Bullish or Bearish Spreads in Nifty (May. Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
May 15, 2012
Strategy Date 30-04-2012 07-05-2012 14-05-2012
Symbol NIFTY NIFTY RELIANCE
Strategy Long Put Long Put Ladder Long Call
Status Profit booked on 04-05-2012 Open Open
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