Institutional Research 25 September 2018

Technical & Derivative Report

Technical Report Daily Daily
World Indices LTP
Closing Brief
Ch(Pts) Ch(%)
Dow Jones 26562 -181 -0.68
Markets cracked lower yet again as weakness in BFSI stocks continued Nasdaq 7993 6 0.08
to weigh heavily on the broader markets spoiling the overall sentiment S&P 500 2919 -10 -0.35
even further. In the broader markets, the S&P BSE Mid-cap index settled FTSE 100 7458 -31 -0.42
2.4% lower while the S&P BSE Small-cap index slipped 2.7%.
DAX
12350 -80 -0.64
Hang Seng
Technical Build up Nikkei
27499
23909
-454
39
-1.62
0.17
Bearish candle with increase in volume Sensex 36305 -536 -1.46
Sell crossover in oscillators. Nifty 10967 -175 -1.58
Lower band of Bollinger exist at 11171
Crucial moving average of 20/50 SMA are at 11499 and 11342 Commodity Daily
Daily
/Forex LTP 1.1Ch(Pt
200 SMA trend deciding level exist at 10748 s)
Ch(%)

Gold ($/Oz)
1203.10 -1.30 -0.11
Outlook for the day Silver ($/Oz)
14.28 -0.06 -0.43
Copper(USd/lb.)
Indian Equity market remained under pressure and slipped below the 279.45 -4.15 -1.46
Brent
psychological mark of 11,000. Banking and NBFC stocks recorded sharp
Crude(USD/bbl) 81.46 0.26 0.36
decline in the last two days after a troubled lender in the country USD/INR
72.63 0.43 0.60
missed debt payments. China cancelled tariff talk with the US and USD/YEN
Russia ruled out boosting crude output triggered further deteriorated. 112.84 0.04 0.04
On the technical front, Nifty formed a strong Bearish candle on daily USD/EUR
1.1736 -0.0012 -0.10
charts and resembling ‘Bearish Belt Hold’ pattern. Nifty has been
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making lower top - lower bottom and closed below its rising trend line Support/Resistance levels for Indian Equity Indices

by connecting swing lows of 9952, 10557 and 11100 zones. It seems S1 S2 CMP R1 R2

that weakness might continue till 10850 which happens to be the 50% Sensex 36305
retracement of the entire up swing from 9952 to 11760. During the day
Nifty 10967
supports for the Nifty is seen around 10920 below which 10860 will
Nifty (Fut) 10997
act as the next meaningful supports. Whereas on the upside, resistance
is placed at 11120-11170. On the option front maximum Put OI is at
Pivot Level
11000 followed by 10800 strike while maximum Call OI is at 11500
then 11200 strikes Sensex 36489

Nifty 11027

US: U.S. market fell on worries of more

political turmoil out of the White House
ahead of crucial midterm elections
where the Republican party is trying to
hold onto both houses of Congress.
Technically it seems that present price
consolidation has led to bullish
Descending triangle formation and
provided the necessary breakout.

Increase in OI with Increase in Price (Long Buildup) Increase in OI with Decrease in Price (Short Buildup)
OI Chg Pr.Ch OI Chg Pr.Chg
Symbol Prev OI Curr OI (%) Curr Pr. g (%) Symbol Prev OI Curr OI (%) Curr Pr. (%)

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Derivative Report Technical & Derivative Report

Nifty declined by 1.58% with Nifty future shaded 8.0 lakh shares in open interest and stock future shaded 674.5
Lakh shares in open interest.

-Nifty PCR decreased to 1.05 from 1.14

-Total Nifty Calls added 65.3 lakh shares in open interest.
-Total Nifty Puts added 17.6 lakh shares in open interest.
-Maximum open interest (Nifty) in Calls for Sept series is at 11500 and 11000 put.
-FII’s sold net Rs. 523.94 Cr(provisional), while DIIs bought net Rs.1527.67 Cr in cash market.
-FII sold net Rs.576.67 Cr in F&O
-Securities in Ban Period: ADANIENT & ADANIPOWER

Nifty Tracker
PARTICULARS 24/09/2018 21/09/2018 19/09/2018 18/09/2018
Spot 10967.4 11143.1 11234.35 11278.9
% Change in Spot -1.58% -0.81% -0.39% -0.87%
Nifty(FUT) Sep 10997.95 11166.35 11272.8 11310.2
Nifty(FUT) Sep Vol. 210305 284206 141280 138554
Nifty(FUT) Sep - OI 20627400 23382075 25601100 26291175
Nifty(FUT) Oct 11041.5 11207.6 11316.75 11353.45
Nifty(FUT) Oct Vol. 58172 32719 10987 10167
Nifty(FUT) Oct - OI 4067250 2184750 1692300 1423875
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Trade Statistics for 24/09/2018

PARTICULARS NO. OF CONTRACTS TURNOVER (RS. CR.) PUT CALL RATIO
NSE Index Futures 4,34,382 38850 -
NSE Stock Futures 17,04,908 1,11,363.12 -
NSE Index Options 90,04,728 8,33,039.54 -
NSE Stock Options 8,87,569 64383 0.55
NSE F&O Total Turnover 1,20,31,587 1,047,636 0.79
NSE Cash Turnover - 42,195.77
BSE Cash Turnover - 3,772.30 -
Total Turnover - 1093604 -

FII Corner (F&O)

FII NET BUYING/SELLING & CHANGE IN OPEN INTEREST (Cr. Rupee)
24/09/2018 21/09/2018 19/09/2018
Net Buying Change In Net Buying Change In Net Buying Change In
PARTICULARS
/Selling Open interest /Selling Open interest /Selling Open interest
Index Future 522 -919 1564 466 355 1116
Index option 212 5722 -4740 -615 1534 -1525
Stock Future -1310 66 616 316 -59 126
Stock option -2 -490 -285 -61 -170 268
Total -578 4379 -2845 106 1660 -15

Market Open Interest

ADDITION/REDUCTION IN MARKET OPEN INTEREST
Contracts 24/09/2018 21/09/2018 19/09/2018 18/09/2018 17/09/2018
Index Futures -1519 -1767 -219 863 -475
Index Options -2483 -7767 29 -1013 -215
Stock Futures 15955 -52227 27816 8723 14087
Stock Options 566 -2886 372 1580 2964
F&O Total 12519 -64647 27998.4 10153.1 16361.71

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Technical & Derivative Report

Nifty Option Open Interest Statistics
NIFTY OPTIONS HIGHEST ADDITION IN OPEN INTEREST
Expiry Strike Option Type Settlement Price Volume Open Interest Change In OI
27-Sep-18 11100 CE 37.65 344236 2014050 1282050
27-Sep-18 11000 CE 78.3 162298 1704225 1099950
27-Sep-18 10800 PE 29.25 282594 2633325 940275
27-Sep-18 11200 CE 15.55 463306 2952000 939750
25-Oct-18 11200 CE 126.65 43718 1091925 781650
25-Oct-18 11100 CE 175.3 31102 802125 705975
27-Sep-18 10700 PE 16.85 166177 2192700 604575
25-Oct-18 10800 PE 126.15 35044 917025 532650
25-Oct-18 11000 CE 229 20321 654000 469725
25-Oct-18 10900 PE 155.65 32421 874425 459750

NIFTY OPTIONS HIGHEST REDUCTION IN OPEN INTEREST

Expiry Strike Option Type Settlement Price Volume Open Interest Change In OI
27-Sep-18 11100 PE 136.2 289637 1866600 -700500
27-Sep-18 11300 PE 302.25 50506 1147125 -673350
27-Sep-18 11400 CE 3.6 216737 2414025 -595575
27-Sep-18 11000 PE 83.05 457128 3400200 -437850
27-Sep-18 11200 PE 212.4 128149 2213475 -365175
27-Sep-18 11500 CE 2.55 134662 3058125 -311175
27-Sep-18 11500 PE 506.25 10382 1549800 -291900
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27-Sep-18 11600 PE 599.7 8180 1255125 -273075

27-Sep-18 11400 PE 407.7 16154 1953375 -257625
27-Sep-18 11700 PE 701.45 5811 862500 -253950

Stock Option Open Interest Statistics

STOCK OPTIONS WITH HIGHEST ADDITION IN OPEN INTEREST
Symbol Expiry Strike Option Type Settl. Price Volume Open Interest Change in OI
SUZLON 25-Oct-18 7.5 CE 0.3 123 6300000 2430000
GMRINFRA 27-Sep-18 17.5 CE 0.2 408 6210000 2115000
GMRINFRA 27-Sep-18 20 CE 0.05 281 16605000 2115000
YESBANK 27-Sep-18 270 CE 3.3 6974 5118750 2026500
SUZLON 27-Sep-18 5 PE 0.1 163 5985000 1980000
BANKBARODA 27-Sep-18 110 CE 1.85 1954 2800000 1908000
SAIL 27-Sep-18 75 CE 1 1023 3168000 1884000
JPASSOCIAT 27-Sep-18 7.5 PE 0.1 185 10200000 1564000
TATAMOTORS 27-Sep-18 250 CE 1.9 5203 2191500 1434000
SAIL 27-Sep-18 77.5 CE 0.5 1553 4440000 1296000

STOCK OPTIONS WITH HIGHEST REDUCTION IN OPEN INTEREST

Symbol Expiry Strike Option Type Settl. Price Volume Open Int. Change in OI
RCOM 27-Sep-18 17.5 CE 0.05 68 7980000 -1260000
PNB 27-Sep-18 85 CE 0.15 555 6413000 -1078000
RCOM 27-Sep-18 17.5 PE 5.3 44 2408000 -1008000
YESBANK 27-Sep-18 400 CE 0.15 928 6800500 -994000
SAIL 27-Sep-18 80 CE 0.25 1568 7344000 -984000
RCOM 27-Sep-18 12.5 PE 0.8 179 2436000 -868000
AXISBANK 27-Sep-18 600 PE 12.5 2894 2850000 -867600
IDEA 27-Sep-18 55 CE 0.05 290 10353000 -826000
SUZLON 27-Sep-18 7.5 CE 0.05 135 16920000 -765000
SBIN 27-Sep-18 270 PE 7.5 2981 1221000 -729000

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Technical & Derivative Report

PARAS Digitally signed by

PARAS BOTHRA

BOTHRA Date: 2018.09.25

08:57:47 +05'30'

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