EQUITY RESEARCH LAB

DERIVATIVE REPORT

DATE: 12th - July- 2016

presented by

Presented by: Meenakshi Pal

NIFTY FUTURE

NIFTY DAILY CHART

Sensex closed 499.79 points up at 27626.69. Nifty settled

144.70 points up at 8,467.90. Domestic benchmark indices
Positive US job data and expectations of a good start to the first
quarter earnings season helped the market to rally. Market
participants expect the rising stability in US economy is
unlikely to support the Fed to make any changes in the interest
rate in the near term due to the prevailing ambiguity caused by
Brexit. This will provide a space to emerging markets like India
to attract foreign funds.
Technical views:
Nifty future closed above to psychological support at 8450on
Monday. Next logical targets for nifty would be 8500-8650
and breaching of 8320 would force nifty to see levels of
8105-8200. whereas the 8350-8310 will act as very strong
Support levels, if once it go to 8480 then there will higher
probability for nifty to touch 8500-8650 levels.
Pivot point :
Nifty Future
Pivot:8469

R1: 8516

R2: 8542

R3:8589

S1: 8442

S2: 8395

S3:8368

BANK NIFTY FUTURE

BANK NIFTY DAILY CHART

Bank Nifty future opened gap up in the morning trading session

and shown consolidation over the full market hours. bank nifty
on daily time frame also trade above the level of 18250 (if bank
nifty sustain above (18250-18400) new level for bank nifty may
be seen. BANK OF BARODA (+4.91) and ICICI BANK (+3.27) is
the top gainers of the day.
Technical views:
Bank nifty Open gap up at 18275.00, to its previous closing
18059.50 on Monday and touched high of 18497.00.
Bank nifty technically trade above the 18400 level .if its trade
above 18400 then new level 18600-18800 will be expected.
Pivot level:

Bank Nifty Future

Pivot: 18409

R1: 18566
S1: 18321

R2: 18654
S2: 18164

R3:18811
S3:18076

USD/ INR:
The Indian rupee gained in the early trade on Monday. It has opened higher by 24 paise at 67.12 per dollar
versus 67.36 Friday. Rupee is expected to trade with a positive bias, taking cues from global equity market.
The trading range for the spot USD-INR pair will be 67-67.50/dollar." The dollar index gained versus a
basket of major currencies. The yen slips marginally.
USDINR STRATEGY

R1 67.20

R2 67.28

Pivot Point 67.12

S1 67.04

S2 66.96

EUROPEAN MARKET:
Name

Change

% Chg

European markets finished higher as of the most recent

92.22

FTSE 100

1.38

closing prices. The FTSE 100 gained 1.38%, while the CAC
40 led the DAX higher. They gained 1.73% and 2.07%

CAC 40

73.85

1.73

DAX

203.75

2.07

respectively.

ASIAN MARKET:
Name

Change

% Chg

Nikkei 225

601.84

3.83

Straits Times

29.10

1.01

Hang Seng

316.33

1.51

Taiwan Weighted

145.56

1.66

Asian markets finished broadly higher today with shares in J

Japan leading the region. The Nikkei 225 is up 3.98% while
Hong Kong's Hang Seng is up 1.54% and China's Shanghai
Composite is up 0.23%.

Advance / Decline Ratio

Futures

Calls

Puts

Advanced

Declined

Unchanged

Total

1083

534

60

1677

INDIAN INDICES:
Name

Change

% Chg

Open

High

Low

NIFTY 50

144.70

1.71

8413.35

8475.25

8407.05

NIFTY BANK

374.70

2.04

18268.15

18409.45

18243.30

SENSEX

499.79

1.81

27358.23

27647.48

27358.23

NIFTY METAL

51.65

2.27

2253.40

2279.40

2253.40

NIFTY PHARMA

176.00

1.50

11679.70

11762.70

11646.80

NIFTY REALTY

3.95

1.91

206.15

207.95

205.95

Change

% Chg

Open

High

Low

S&P BSE Smallcap

94.61

0.78

12019.08

12119.57

12018.93

S&P BSE Midcap

176.90

1.47

11925.69

12078.59

11924.98

Name

FII/DII ACTIVITY:
BUY

No. of
contracts

SELL

Amt in
Crores

No. of
contracts

OPEN INTEREST AT THE

END OF THE DAY

Amt in
Crores

No. of
contracts

Amt in
Crores

INDEX FUTURES

38292

2497.82

20836

1371.49

258444

16754.85

INDEX OPTIONS

349375

22822.51

324629

21229.63

860648

55064.53

STOCK FUTURES

64823

4234.56

73677

4783.31

802796

51000.81

STOCK OPTIONS

42788

2798.21

43896

2860.62

63798

4125.43

TOP GAINERS:
Company

Prev Close (Rs)

Current Price (Rs)

% Change

ADANIPORT

207.05

217.45

+5.02

BANK OF BARODA

154.75

162.35

+4.91

TATA MOTOR

466.30

484.60

+3.92

ICICI BANK

241.95

249.85

+3.27

COAL INDIA

311.70

320.90

+2.95

TOP LOSERS:
Company

Prev Close (Rs)

Current Price (Rs)

% Change

HCL TECHNOLOGIES
AXIS BANK
INDUSIND BANK

721.85

716.80

-0.70

546.45

544.40

-0.38

1126.70

1124.45

-0.20

ERL Research Team

DESIGNATION

E-MAIL ID

Tuhinanshu Jain

Research Head

tuhinanshu.jain@equityresearchlab.co.in

Yogesh Subnani

Sr. Research Analyst

Yogesh.subnani@equityresearchlab.co.in

Meenakshi Pal

Sr. Research Analyst

Meenakshi.pal@equityresearchlab.co.in

OUR TEAM

DISCLAIMER

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits
them the most. Investment in Stocks has its own risks. Sincere efforts have been made to present the right investment
perspective. The information contained herein is based on analysis and up on sources that we consider reliable. We,
however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are
not responsible for any loss incurred based upon it & takes no responsibility whatsoever for any financial profit s or loss
which may arise from the recommendations above. The stock price projections shown are not necessarily indicative of
future price performance. The information herein, together with all estimates and forecasts, can change without notice.
Equity Research Lab does not purport to be an invitation or an offer to buy or sell any financial instrument. Analyst or any
person related to Equity Research Lab might be holding positions in the stocks recommended. It is understood that anyone
who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation
for which either the site or its owners or anyone can be held responsible for. Any surfing and reading of the information is
the acceptance of this disclaimer.

Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or
Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If
found so then Serious Legal Actions can be taken. Any surfing and reading of the information is the acceptance of
this disclaimer.
ALL RIGHT RESERVED.