WEEKLY DERIVATIVES REPORT (For the week ended on 10 Feb.

)
Feb. Expiry
Price Price % Chg 10 Feb. 3rd Feb. Nifty 5397.65 5345.55 +0.97 Bank Nifty 10465.20 10154.85 +3.05 Index OI 10 Feb. 25251350 2461425

13th Feb, 2012

OI 3rd Feb. 22525100 2410175 % Chg. +12.10 +2.12

Weekly Market Review:In the last week market remained rangebound to bullish, where it closed at the 14 week high close with the gain of 0.97% W/W. As Profit booking is seen market remained rangebound where only particular stocks are performing according to their results, As the result session is also going to be over this week. And in the preceding week nifty hover just in 100-120 points where upper side resistance seen. In the last week PCR OI increased through out the week as there seems put writing in the lower strikes, as it closed at a higher level of 1.67 on Friday. In the Options Front extended the last week buying in nifty or with the heavy writing in the put options at lower strike put options. And there was highest Open interest in 5200 strike put open interest of more than 70 lacs closely followed by 5300 with 69.90 lac shares and in the other side highest open interest in the call options segment is with 5500 strike as it has more than 71.78 lac shares as OI. Following this 5400 strike call options has good no. of open interest too as it has more than 58 lac shares as there OI. During the last week FIIs remained net buyers through out the week. As there was only three day net outflow in the Derivatives segment. This week, long positions can be assumed in IT, Cement and metals from current level or from lower supports of 5200. Short positions can be assumed in Oil & Gas and Capital Goods Stocks from current levels, or if Nifty fails to cross 5450-5480 levels. In the coming week the 5175-5500 could be crucial range for the market as in the higher levels 5500 could act as a good resistance. And in the lower side Market could test 5200 or 5150 as a profit booking after this sharp rally, As there is good support at 5050 should maintain in the downside. But market should trade with the Mixed bias this week. As the volatility index may rise for the week.

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NIFTY OPTIONS STRATEGY FOR ONE WEEK :BUY ONE LOT 5100 PE@12 SELL ONE LOT 5300CE@135 SELL ONE LOT 5300 PE@50 SELL ONE LOT 5500 CE@35

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Breakeven points:- (5162-5438) Max. Loss :- 3100 (62*50) Max. Profit :- (6900) 138*50 (If nifty remains between 5150-5450 range)

Open Interest Analysis:O O 8000000 OI OI OI O s tri k strikeprice e p ri ce strikeprice Put OI OI II strikeprice Put strike p rice 4058450 Call OI P u tP u t strik e p rice C all C all OI strikeprice rice strik s trik e ri136350 C6318800 921800 s tri k e p4900 Call ll ce Call al strikeprice Callal Put P u t 7000000 Put 802500 4347150 4600 387300 3139900 4800 725350 5786650 563950 3656000 3164450 4400 Call 141850Put 4412450 176450Put3073300 194450 6166900 4400 5527600 209950 4335900 4624950 4400 6999900 215300 5262200 47004700 4700 215300 5262200 4700 252150 5000 1229850 6350100 6141500 177950 4700 722700 6953050 8000000 4192750 4900 1203000 7041050 8000000 4121700 4276050 9000000 4500 4042800 1160150 3550850 515150 4797250 9000000 844700 6989550 6000000 651100 7137200 4500 2250800 1881450 5845750 582000 5324200 5670900 48004800 1881450 5845750 8000000 4800 4800 363650 849000 5100 2154450 1681500 7674850 1333150 3662200 7000000 6058500 4800 920700 6755150 7000000 5341150 5000 1926600 6957400 8000000 6959350 6625600 1899950 5489150 4600 1040050 4435450 1475000 7000000 4600 2047000 4009400 4295900 914750 4444850 7861700 49004900 4009400 4295900 4900 4900 351700 761750 5200 2495050 6677800 7000000 6790100 5000000 4900 1538150 5120800 3171250 5100 1929950 7500050 6000000 6374700 6000000 2770150 2504700 6000000 4700 2305450 6541950 2930650 3590400 4700 2518650 6025950 50005000 4865400 3698650 5000000 5000 4865400 3698650 5000 969650 3830400 5000 2348200 6081500 5059850 6000000 5300 3595700 6787300 6776150 5000000 5200 3333600 6093050 4589750 5611550 4800 3866850 5628800 3958550 2138950 3288150 1516200 4000000 4800 3757100 4643550 5000000 5100 4000000 5100 5856100 1879050 5100 5856100 1879050 5100 1916350 5659850 3000000 5100 2483550 4737950 3982100 5400 5741850 3640950 5300 4904300 1208800 3187300 6280050 5551500 5406300 2268000 5000000 4900 3359950 2156850 4000000 975200 4568650 2731850 4000000 3541050 Buy Sell 52005200 7002300 1898350 2000000 5200 7002300 1898350 5200 4429850 1162450 8565200 5200 4449100 3968950 2457650 4000000 5500 6975100 7964.55 8080.83 5400 4744550 4378600 1295750 364550 6735000 1442650 5000 4457600 1035750 3000000 1000000 5572400 1188050 926900 3000000 4676700 2818400 3000000 53005300 6077600 1251300 0 5300 6077600 1251300 5300 5442950 2685550 6184950 178450 5300 3939600 771600 5600 4204750 254500 5500 4622200 417950 2023450 95800 5100 2778100 396100 3000000 5306350 432850 4083750 379300 4502700 2269700 2000000 4600 4700 54005400 6960050 5400 6719350 1077300 3901450 377150 101700 5400 6960050 377150 4400 450020000004800 2000000 2000000
strikeprice Call 4400 4500 4600 4700 4800 4900 5000 5100

4900 5000 5100

1000000 0
Buy Bu y

1000000 1000000 1000000

0

strikeprice 6000000 8000000 Call 6 8 8000000 8 0 0 0 0 0 0 Put Call 7000000 7000000 5000000 7000000 7 0 0 0 0 0 0 5000000 Put 6000000 6000000 6000000 4000000 4000000 5000000 0000 0 5000000 5 0 0 0 0 0 0
strike price

4900 5000 5100 5200 5300 5400 S e lll Se l

30000 0 40 0 0 0 00 4000000 4700 4800 4900 4700 4800 4900 4700 4800 4900 3000000 3000000 3000000 2 0 0 0 0 0 0 5500 5600 OICall OICall OIPu OIPu 2 0 OICall0 OIPu 0000 2 00 0 0 0 0

View for heavy weight stocks:- (One Week) SCRIP NAME

ICICI BANK TCS ITC INFOSYS SBIN TATA STEEL BHARTI ARTL LT STERLITE IND.

VIEW
Bullish to Rangebound (Bearish only below 910) Bullish Rangebound (Strong support of 200 DMA@199) Bullish Bullish to Rangebound Bullish Bearish Rangeb ound to Bearish Bullish 2

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aranteed

Options Strategies for the Stocks:- (One Week) TATA STEEL (BULLISH) Buy One Lot 480 CE @ 15 - 17 Sell One Lot 500 CE@ 7.50 - 8.00 Lot size - 500 Max. Profit - 6250 (If expires above 500) Max. Loss - Rs. 3750 (If expires below 480)

CROMPTON GREAVES (BULLISH) Buy 150 CE@ 6.15 - 6.50 SELL 160 CE@ 2.15 - 2.50 Max. Profit = Rs. 12000 (6*2000) If closes above 160. Max. Loss = Rs. 8000 (4*2000) If closes below 150.

Recommendations for Stocks (Positional):(Note:- All entry price, stoploss and targets are on the basis of spot price) NSE SYMBOL
BHEL CUMMINSIND ESSAROIL GLAXO GSPL INDUSINDBANK SAIL SINTEX TATACHEM TATACOFFEE TVSMOTOR

ACTION
SHORT LONG LONG LONG SHORT LONG LONG SHORT LONG LONG SHORT

ENTRY PRICE
BELOW 258.50 BETWEEN 444-450 65.5 2038 BELOW 82.30 318.5 ABOVE 113.5 BELOW 92 357 861 50.5

STOPLOSS
264.7 434.5 61 2005 84.6 310 108.8 96 350 844 51.5

TGT. 1
245.6 465 72 2105 77.7 329 121.3 85 372 889 48.6

TGT. 2
236.8 483.5 78 2130 75.3 336.5 129.3 82 380 897 45.7

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RESEARCH DESK :-

ANIL BISHNOI
Options Strategist (Derivatives Analyst) IFGL, Karol Bagh, New Delhi - 110005 011-40078038 9899604210 email - anilk@ifglonline.com

SOIN UDDIN
Research Associate IFGL, Karol Bagh, New Delhi - 110005 011-40078037 9999088036 soin@ifglonline.com

Website :-

Indian Finance Guaranty Ltd. 8/28, WEA, Abdul Aziz Road, Karol Bagh, New Delhi - 110005 Ph. No.- 011- 40078000 www.ifglonline.com

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