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DERIVATIVE REPORT
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20 December 2016
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Prepared by: Meenakshi Pal
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Sr. Research Analyst
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20th December 2016

NIFTY FUTURE

NIFTY DAILY CHART

Sensex, Nifty traded in red throughout the day and
NIFTY
ended
on OUTLOOK
a weaker note than it opened. Nifty slipped
35.10 points to 8104.35. The broader markets
underperformed benchmarks with the BSE Midcap
and Smallcap indices down half a percent each on
weak breadth. The market is expected to be in a
range of 8000-8300 for some time. On the global
.
front, the Asian indices too ended in red. The
investors were influenced by the weaker US markets
closure last week as well as the Bank of Japan's
Monetary Policy announcement scheduled this week.
The India VIX (Volatility) index was down 2.72% at
14.83. Earlier in the day, India Vix had touched a
monthly low of 13.25. Out of 1897 stocks traded on
the NSE, 986 declined and 628 advanced today.
The Indian Rupee was trading at 67.80 per dollar.
Nifty will move towards levels of around 8,6008,700 points after the Budget. Nifty will touch new
highs before the end of current fiscal.

NIFTY FUTURE :

R1:8144

Nifty open down on Monday and shown Range

Bound trend over the full trading hours. Nifty
closed below the 8200 today. 8120 -8100 is the
support of nifty if its break that level down side
pressure will be seen. Nifty may be taste the level
of 7900-7950. Above 8250 new level of nifty
would be 8300-8350.

R2:8164

R3:8180

20th December 2016

PIVOT :8128

S1:8108

S2:8092

S3:8072

20th December 2016

NIFTY BANK FUTURE

NIFTY BANK DAILY CHART

NIFTY BANK OUTLOOK
NIFTY
Bank
niftyOUTLOOK
open down today and showing
consolidation movement, over the full trading
hours. Bank nifty closed below 18300. below
18200-18000 next level would be 17800-17900.
SBank nifty have major support of 17900-18000 on
daily time frame. SBIN BANK (-1.28%) and
AXIS BANK (-1.10%) is the top losers of the
day.

BANK NIFTY FUTURE :

PIVOT :18303

R1:18355
S1:18264

Bank nifty Open down at 18299.45, to its

previous closing 18337.25 on Monday and
touched high of 18360.00. Todays bank nifty
made a low of 18251.00. Below 18000 next level
for bank nifty would be 17700-17900. Bank nifty
can be trade between the range of 18300-18800 .

R2:18412
S2:18194

R3:18464
S3:18137

20th December 2016

USDINR
The Indian rupee has opened lower by 5 paise at 67.81 per dollar on Monday against Friday's closing
value of 67.76 a dollar. FII outflow and strong dollar index will put pressure on the rupee. the USD-INR
pair is expected to trade in a range of 67.50-68/dollar for the day. The dollar slipped below the 103 mark
as profit-taking halts the momentum of the greenback's rally.

USDINR :
PIVOT : 67.85

R1:67.96
S1:67.79

R2:68.02
S2:67.68

R3:68.13
S3:67.52

GLOBAL MARKETS

EUROPEAN MARKET
NAME

CHANGE

% CHANGE

FTSE 100
CAC 40
DAX

5.52
10.50
22.69

0.08
0.22
0.20

European markets finished higher on Monday with shares in Germany leading the region. The DAX is
up 0.20% while France's CAC 40 is down 0.22% and London's FTSE 100 is up 0.08%.

ASIAN MARKET
NAME

CHANGE

% CHANGE

NIKKEI 225
STRAITS TIMES
HANG SENG
TAIWAN WEIGHTED

-9.55

-0.05

-24.78
-188.07
-87.46

-0.85
-0.86
-0.95

Asian markets finished broadly lower today with shares in Hong Kong leading the region. The Hang
Seng is down 1.03% while China's Shanghai Composite is off 0.16% and Japan's Nikkei 225 is lower
by 0.05%.

ADVANCES / DECLINES RATIO

ADVANCE

DECLINE

UNCHANGED

TOTALS

596

1016

20th December 2016

1692

80

INDIAN MARKETS

Name

Change

% Change

-35.10
-55.75
-26.70
-90.80
-1.75

Nifty 50
Nifty Bank
Nifty Metal
Nifty Pharma
Nifty Realty

Name

Change

-0.43
-0.31
-0.98
-0.86
-1.05

% Change

Open

High

Low

8126.00
18258.10
2733.65
10637.25
167.60

8132.50
18316.80
2748.55
10656.00
167.85

8094.85
18215.50
2712.50
10525.95
165.50

Open

High

Low

Sensex

-114.86

-0.44

26505.66

26505.66

26340.38

S&P BSE
Small Cap

-55.83

-0.46

12121.90

12127.15

12050.66

S&P BSE
Midcap

-62.53

-0.51

12267.81

12268.31

12157.18

FII/DII ACTIVITY

BUY
No. Of
Contracts
INDEX
FUTURES
INDEX
OPTIONS
STOCK
FUTURES
STOCK
OPTIONS

SELL

Amt.
(In. Crores)

No. Of
Contracts

Amt.
(In. Crores)

OPEN INTEREST AT THE

END OF THE DAY
No. Of
Amt.
Contracts
(In. Crores)

15915

1032.26

11090

705.59

172090

10852.61

327797

21258.53

325921

21143.36

1128344

69819.50

68124

4373.97

78854

5036.94

896584

54079.89

39404

2735.04

39805

2757.55

87522

5553.79

20th December 2016

TOP GAINERS VS. TOP LOSERS

TOP GAINERS
Company
GAIL
AUROPHARMA
GRASIM INDS.
TATA POWER
ICICI BANK

Prev. Close(Rs.)
415.10
690.65
817.50
76.60
255.60

Current Price(Rs.)
425.85
698.70
824.15
77.15
257.10

% Change
+2.59
+1.17
+0.81
+0.72
+0.59

Prev. Close(Rs.)
355.65
899.90
647.35
3177.65
1269.15

Current Price(Rs.)
344.95
878.40
632.25
3107.70
1247.90

% Change
-3.01
-2.39
-2.33
-2.20
-1.67

TOP LOSERS
Company
BHARTI INFRATEL
ASIAN PAINTS
SUN PHARMA
ULTRACEMENT
HDFC

20th December 2016

ERL RESEARCH TEAM

Member Name

Designation

Mr. Tuhinanshu Jain

Mr. Yogesh Subnani
Miss. Meenakshi Pal

Research Head
Sr. Research Analyst
Sr. Research Analyst

E-mail ID
Tuhinanshu.jain@equityresearchlab.co.in
Yogesh.subnani@equityresearchlab.co.in
Meenakshi.pal@equityresearchlab.co.in

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