Comments The Nifty futures open interest decreased by 0.93% while BankNifty futures open interest is increased by 8.34% as market closed at 6140.75 levels. The Nifty November future closed at premium of 45.85 point against a premium of 40.05 points. The December series closed at a premium of 96.60 points. The Implied Volatility of at the money options has increased from 17.70% to 17.93%. Nifty PCR-OI has decreased from 1.06 to 1.04 levels. The total OI of the market is Rs. 1,26,310/- cr. and the stock futures OI is Rs. 30,993/- cr. Few of the liquid counters where we have seen high cost of carry are PFC, TATAMOTORS, APOLLOTYRE, NHPC and INDIACEM.
Nifty Vs OI
OI Gainers
SCRIP IBREALEST ARVIND TATAMOTORS DABUR SRTRANSFIN OI 15424000 4912000 23093000 2986000 1355500 OI CHANGE (%) 25.77 25.31 25.27 17.56 16.70 PRICE 66.60 114.15 384.15 163.35 562.20 PRICE CHANGE (%) 9.10 7.89 1.41 -3.07 -0.87
View FII's continue buying in cash market segment, they were net buyer worth of Rs. 412/- cr. On derivatives front they were net seller worth of Rs. 1087/- cr with marginal change in open interest, while in index options some long buildup was seen in Fridays trading session. In options front the overall activity was muted in last trading session, maximum buildup was seen in 6200 call & 5800 put strikes.
OI Losers
SCRIP OI OI CHANGE (%) PRICE PRICE CHANGE (%)
Put-Call Ratio
SCRIP NIFTY BANKNIFTY SBIN RELIANCE ICICIBANK PCRPCR-OI 1.04 0.68 0.56 0.37 0.36 PCRPCR-VOL 0.93 0.80 0.58 0.33 0.57
Historical Volatility
SCRIP SUNTV TECHM AUROPHARMA ARVIND IBREALEST INFY HV 44.76 42.94 61.53 58.90 78.88 74.73
www.angelbroking.com
Derivative Report
Nov 11, 2013
Instrument
1653.22
2740.49
18411.06 19148.77
Lot Size = 50
Bull-Call Spreads
Action Buy Sell Buy Sell Buy Sell Strike 6100 6200 6100 6300 6200 6300 Price 150.25 92.05 150.25 50.85 92.05 50.85 41.20 58.80 6241.20 99.40 100.60 6199.40 Risk Reward BEP
Bear-Put Spreads
Action Buy Sell Buy Sell Buy Sell Strike 6100 6000 6100 5900 6000 5900 Price 66.00 39.20 66.00 22.25 39.20 22.25 16.95 83.05 5983.05 43.75 156.25 6056.25 Risk Reward BEP
58.20
41.80
6158.20
26.80
73.20
6073.20
Note: Above mentioned Bullish or Bearish Spreads in Nifty (Nov (Nov Series) are given as as an information and not as a recommendation. recommendation.
www.angelbroking.com
Derivative Report
Nov 11, 2013
Symbol NIFTY
E-mail: research@angelbroking.com
Website: www.angelbroking.com
DISCLAIMER
This document is solely for the personal information of the recipient, and must not be singularly used as the basis of any investment decision. Nothing in this document should be construed as investment or financial advice. Each recipient of this document should make such investigations as they deem necessary to arrive at an independent evaluation of an investment in the securities of the companies referred to in this document (including the merits and risks involved), and should consult their own advisors to determine the merits and risks of such an investment. Angel Broking Pvt. Limited, its affiliates, directors, its proprietary trading and investment businesses may, from time to time, make investment decisions that are inconsistent with or contradictory to the recommendations expressed herein. The views contained in this document are those of the analyst, and the company may or may not subscribe to all the views expressed within. Reports based on technical and derivative analysis center on studying charts of a stock's price movement, outstanding positions and trading volume, as opposed to focusing on a company's fundamentals and, as such, may not match with a report on a company's fundamentals. The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be true, but we do not represent that it is accurate or complete and it should not be relied on as such, as this document is for general guidance only. Angel Broking Pvt. Limited or any of its affiliates/ group companies shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. Angel Broking Pvt. Limited has not independently verified all the information contained within this document. Accordingly, we cannot testify, nor make any representation or warranty, express or implied, to the accuracy, contents or data contained within this document. While Angel Broking Pvt. Limited endeavours to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. This document is being supplied to you solely for your information, and its contents, information or data may not be reproduced, redistributed or passed on, directly or indirectly. Angel Broking Pvt. Limited and its affiliates may seek to provide or have engaged in providing corporate finance, investment banking or other advisory services in a merger or specific transaction to the companies referred to in this report, as on the date of this report or in the past. Neither Angel Broking Pvt. Limited, nor its directors, employees or affiliates shall be liable for any loss or damage that may arise from or in connection with the use of this information. Note: Please refer to the important `Stock Holding Disclosure' report on the Angel website (Research Section). Also, please refer refer to Angel el Broking Pvt. Limited and its affiliates the latest update on respective stocks for the disclosure status in respect of those stocks. Ang may have investment positions in the stocks recommended in this report.
www.angelbroking.com