ABM Weekly Techno-Derivatives Snapshot 13 July 2020

CNX Weekly Techno-Derivatives Snapshot 12 July 2020
Dear Friends,
Following is the Analysis on Several Indices including Nifty, Bank Nifty, Major Sectorial indices, All F&O Stocks, Small Cap
& Mid Cap along with VIX & USDINR and Derivatives Outlook in addition to Global Markets outlook including Crude.
CNX Nifty View (CMP 10768):
-> For the second consecutive week, Index has closed above 10550-10600 zone which is the 61.8% Fibonacci
Retracement of the entire down-move from 12430 (Jan 2020) to 7511 (March 2020) and Now Going forward, till 10620-
10640 holds, this up-move can further extend upto 10890-10910 zone.
-> Breach below 10620 zone will lead to negation of above probable upmove & lead to profit booking wave upto
10490-10440 zone.
Overall, For the next week, Nifty Range could be 10610 – 10950.
Technically, Key Oscillators RSI, Stochastic & MACD are above their respective averages on the Daily as well as on the
Weekly Charts leading to buying support on dips around 10620-10640.
Tracking the Derivatives Data,

W-o-W NIFTY saw OI 11% increase with price rise 2%, also saw aggressive writing in CE at 10800 and 11000 (23.2 and 25.91
Lakhs) and on PE side writers 10700 (18.79 lakh Shares) implies support at 10630-10680 and stiff resistance at 10900-
11000.
Page No: 1
Daily Nifty Chart:
Page No: 2
BANKNIFTY VIEW (CMP 22400):
-> Index in the past week took support at 22000 and witnessed a continuation of the upmove upto 23000, however
witnessed profit booking upto 22400 towards the end of the week to close with a 2.4% gain at 22400.
With Friday’s close, Index has for the 6th consecutive week managed close above 20250 which is 23.6% Fibonacci
Retracement of the entire fall from all-time highs of 32613 to recent swing low of 16116 and is now trading close to
38.2% Retracement at 22400-22450 which is the 100 DMA also.
-> Now Going forward, till 21800 holds, this move can further extend upto 22900-23000 zone.
-> Breach of Support level below 21800 will lead to profit booking move upto 20600-20300.
Overall, For the next week, Bank Nifty Range could be 21700 - 23200.
Technically, Key Oscillators RSI, Stochastic & MACD are above their averages on the Daily as well as on the Weekly Charts
leading to buying support on dips around 21800-21950.
Tracking the Derivatives Data,

BANKNIFTY witnessed OI addition to the tune of 19% with W-o-W closing positive by 3%. Call writers have built positions at
23000 (Total OI 7.87 Lakh Shares) while on Put side 22000 PE (OI 4.85 Lakh Shares) implying support 21800-22000 and
resistance at 23000-23200
Page No: 3
Daily Bank Nifty Chart:
Page No: 4
NSE Midcap: (CMP 15253):
Index has ended the week registering 1.3% Gains under-performing the broader indices which closed 1.8% positive for the
week.
Going Forward, Till Support one of 14750 holds, it can continue its upward momentum upto 15650-15740 zone.
Below 14750, it will test support zone of 14300-14100.
Page No: 5
BSE Small Cap (CMP 12803):
Index has ended the week registering 1.6% Gains inline the broader indices which closed 1.8% positive for the week.
Going Forward, Till Support one of 12400 holds, it can continue its upside momentum upto 13350-13400 zone.
Below 12400, it will test support zone of 12000-1190.
Page No: 6
USDINR (CMP 75.20):
Going Forward, Till resistance zone of 76 is not crossed, USD INR can further strengthen upto 74.10-73.80.
Cross-over above 76, will lead to weakening of the currency upto 77.4-78 zone.
Page No: 7
IT: Sector Weightage 14.45% in Nifty:
DERIVATIVE DATA:
Option Activity
Stocks W-o-W W-o-W W-o-W Delivery Strike CE OI PE OI
Price Volume OI % Prices (lakhs) (Lakhs)
Sector
Change Change Change
% % %
IT HCLTECH 1.20 3.76 0.58 43.33
INFY 2.73 14.90 1.51 40.81 760 16.68
800 14.18
MINDTREE 7.59 13.58 -16.67 26.90
NAUKRI 3.86 86.56 -0.60 29.05
NIITTECH 11.26 109.81 -21.31 14.21
TCS 1.97 33.81 9.22 33.10 2300 12.55
TECHM 0.60 7.23 -5.96 38.15
WIPRO -1.06 1.30 10.41 36.08 230 10.59
W-o-W supportive buying seen Fresh longs INFY 2% and TCS 10%, OI add with price increase. Short Covering seen
MINDTREE 17%, NIITTECH 21% and TECHM 6$ OI decline with Price Increase.
Options activity Suggest INFY 760 and 800 CE OI 16.28 and 14.2 Lakh Shares (last week level 760 CE OI 17.25) lakh Shares
implies 795-810 resistance, TCS 2300 CE OI 12.55 lakh Shares (last week 2200 CE level) resistance 2330-2340 and WIPRO
230 CE OI 10.5 (last week was 230 at 6.21) lakh Shares implies resistance 235-238.
Page No: 8
TECHNICAL VIEW:
TCS (CMP 2219) - Weightage 4.12% in Nifty.

Stock should take support around 2090 Zone & rebound upto 2345 zone. Below 2090 would retest 1990.
Infosys (CMP 781) - Weightage 7.08% in Nifty.

WIPRO (CMP 222) - Weightage 1.23% in Nifty.

HCLTECH (CMP 582) - Weightage 1.51% in Nifty.

TECH MAHINDRA (CMP 569): Weightage 1.08% in Nifty.

MINDTREE (CMP 1007):

NIIT TECH (CMP 1590):

INFOEDGE (CMP 2870):

Page No: 9
Banking / Finance - Sector Weightage 31.17% in Nifty:
DERIVATIVE DATA:-
Option Activity
W-o-W W-o-W W-o-W Delivery Strike CE OI PE OI
Sector Stocks
% % %
Banking AXISBANK 3.07 12.71 -6.17 18.86 460 21.08
BANDHANBNK 7.97 19.01 2.43 13.97
BANKBARODA 1.79 31.00 -2.65 16.36 55 63.9
CANBK 1.80 40.66 23.20 11.49
FEDERALBNK 2.22 30.21 7.84 23.10
HDFCBANK 2.88 3.66 4.20 32.19 1100 11.85
1150 5.07
ICICIBANK 0.01 11.27 3.06 28.82 380 63.3
IDFCFIRSTB 1.09 31.10 3.91 24.03
INDUSINDBK 10.55 30.64 2.72 13.49 550 7.81
KOTAKBANK 0.00 4.91 2.58 34.42 1400 7.17
PNB -2.30 73.36 29.20 20.91
RBLBANK 4.79 20.07 -1.11 13.18
SBIN 5.90 37.62 15.31 19.58 200 159.2
Sector witnessed supportive buying with fresh longs seen BANDHANBK 3%, FEDERALBK 8%, HDFCBANK 4%, INDUSINDBANK
3% and SBIN 15%. Short Covering seen AXISBANK 6%, BOB 3% and RBLBK 2% OI decline with price increase.
Options Data Suggest AXISBANK face resistance 470-475 as 460 CE OI 21.08 (last week level was 440) lakh shares;
ICICIBANK 380 CE OI 63.30 (last week was 38.1) lakh shares stiff resistance at 383-385, SBIN 200 CE OI 159.2 (last week
level was 190) Lakh Shares OI resistance at 205-208, HDFCBANK 1100 and 1150 CE OI 11.8 and 5.07 Lakh Shares (last week
level 13.9) Lakh Shares resistance 1135-1160 levels. INDUSINDBANK CE writers holding 550 level OI 7.81 Lakh Shares
resistance 575-580. KOTAKBANK CE writers holding 1400 levels OI 7.17 Lakh Shares resistance 1428-1432.
Page No: 10
Option Activity
Sector Stocks
% % %
Finance BAJAJFINSV 5.57 19.96 -4.74 11.73
BAJFINANCE 12.65 21.83 15.68 10.75 3500 4.69
CHOLAFIN 5.95 13.02 -11.91 11.69
EQUITAS 11.80 558.77 20.97 19.91 60 61.3
HDFC 1.53 12.52 -2.80 42.88 1900 4.88
2000 4.51
HDFCLIFE 3.54 -9.26 -3.50 46.60
IBULHSGFIN 2.30 -35.86 -43.24 17.61
ICICIPRULI -3.52 31.40 5.62 44.07
L&TFH 2.53 16.62 50.98 26.26 70 27.6
LICHSGFIN 1.00 29.85 24.22 20.02 290 13.6
M&MFIN 11.22 57.51 -20.89 19.43
MANAPPURAM -0.62 -5.39 4.72 18.75
MFSL 1.56 16.76 -6.09 22.30
MUTHOOTFIN -5.34 -5.18 26.97 38.73
PFC -0.50 26.68 1.81 32.44
SBILIFE 2.00 23.68 -0.21 49.65
SRTRANSFIN 0.19 25.59 8.18 18.08
UJJIVAN 6.66 -5.36 -0.77 8.17
W-o-W mixed sentiment seen fresh longs in BAJAJFIN 16%, EQUITAS 21% and L&TFIN 51% OI increase with price increase.
Short Covering BAJAJFINSRV 5%, CHOLAFIN 12%, HDFC 3%, HDFCLIFE 3%, IBULLSHSG 43% and M&MFIN 21%. Fresh Shorts
seen ICICIPRU 6% and MUTHOOTFIN 27% OI increase with Price Decline.
Options Data Suggest BAJAJFIN 3500 CE OI (last week level 3000) 4.69 Lakhs resistance 3570-3600, L&TFIN 70 CE OI 27.6
(last week was 16.5) Lakh Shares implying resistance at 74-76, and HDFC CE writers 1900 and 2000 CE OI at 4.88 and 4.51
Lakh Shares resistance 1960-2020.
Page No: 11
TECHNICAL VIEW:-
HDFCBANK (CMP 1105) - Weightage 7.02% in Nifty

HDFC (CMP 1885) - Weightage 6.70% in Nifty.

ICICI BANK (CMP 361) - Weightage 5.45% in Nifty.

SBI (CMP 195) - Weightage 2.65% in Nifty.

Axis Bank (440) - Weightage 2.80% in Nifty.

Kotak Bank (CMP 1350) - Weightage 2.34% in Nifty.

IndusInd Bank (CMP 540) - Weightage 1.57% in Nifty.

BAJFINANCE (CMP 3314):

BAJAJFINSV (CMP 6480):

M&M Finance (CMP 204):

IBULLSHSGFIN (CMP 235):

MUTHOOTFIN (CMP 1084):

Page No: 12
CHOLAFIN (CMP 208):

Shriram Transport Finance (CMP 699):

Stock would face resistance at higher levels. Thus, till 720 zone is not crossed; expect a retest of support zone 650. Upside
upto 750 if crosses & sustains above 720.
Bank of Baroda (CMP 51):

RBL BANK (CMP 182):

LIC Housing Fin (CMP 276):

CANARA BANK (CMP 104.5):

EQUITAS (CMP 58):

UJJIVAN (CMP 256):

Manapurram (CMP 161):

L&T Fin (CMP 69):

ICICI PRU (CMP 417):

HDFC LIFE (CMP 592):

Page No: 13
MFSL (MAXFIN) (CMP 561):

PFC (CMP 84):

Bandhan Bank (CMP 373):

Page No: 14
OIL & GAS - Sector Weightage 9.18% in Nifty:
DERIVATIVE DATA:
Option Activity
Sector Stocks
% % %
Oil_Gas BPCL -1.74 9.63 7.76 25.57 400 8.19
GAIL -2.35 18.16 11.84 33.89 110 50.69
HINDPETRO -2.67 19.78 11.37 37.78
IGL -8.92 23.34 34.32 39.52 420 7.5
IOC -1.96 8.95 0.86 30.48
MGL -9.54 32.52 75.38 46.11
ONGC -4.88 2.40 4.66 47.32 85 45.8
90 57.9
PETRONET -4.15 -29.00 -8.76 56.04
RELIANCE 5.46 22.40 9.14 27.62 1900 28.71
W-O-W selling pressure seen across the board with fresh shorts seen GAIL 12%, HPCL 11%, IGL 35% and MGL 75% OI
increase with price decline. On other hand fresh longs seen RELIANCE 9% OI add with price increase.
Options activity GAIL 110 CE OI 50.6 Lakh Shares (last week was 44.02) resistance at 112-113; RELIANCE 1900 CE OI 28.7
Lakhs resistance 1935-1940 (last week was 1800 level) and ONGC 85 and 90 CE OI 45.8 (last week was 27.7 at 85 level)
Lakh Shares implies resistance 87-89. BPCL CE writers OI added at 400 level with OI 8.19 Lakh Shares resistance 410-412.
Page No: 15
TECHNICAL VIEW:
Reliance (CMP 1878) - Weightage 5.24% in Nifty.

BPCL (CMP 376) - Weightage 0.96% in Nifty.

HPCL (CMP 210):

GAIL (CMP 103) - Weightage 0.59% in Nifty.

IOC (CMP 86):

PETRONET (CMP 261):

IGL (CMP 408):

MGL (CMP 971):

Page No: 16
FMCG - Sector Weightage 10.32% in Nifty:
DERIVATIVE DATA:
Option Activity
Stocks W-o-W W-o-W W-o-W Delivery Strike CE OI PE OI
Sector
% % %
FMCG ASIANPAINT 0.39 2.83 1.24 34.33
BATAINDIA -2.26 -11.89 3.26 30.36
BERGEPAINT -0.96 -14.67 1.13 24.93
BRITANNIA 5.35 22.81 4.85 32.48
COLPAL 0.73 14.58 -0.98 42.74
DABUR 1.67 28.09 -1.88 38.66
GODREJCP -2.55 -0.75 -3.70 41.75
HINDUNILVR 2.58 21.54 3.75 46.37 2200 5.4
2300 5.23
ITC -6.13 -9.92 5.83 40.36 199.85 55.23
MARICO -4.20 6.43 -15.99 51.00
MCDOWELL-N 7.72 32.68 10.12 28.71 650 6.6
NESTLEIND 0.77 8.69 6.50 41.59
PIDILITIND -0.26 -2.61 3.02 37.16
TATACONSUM 8.44 11.83 11.00 37.32
TITAN -3.81 6.09 2.85 29.48 1000 3.9
UBL 0.00 7.44 8.26 34.27
W-o-W mixed sentiment seen fresh shorts BATATINDIA 3%, ITC 6 and TITAN 3%, OI add with price decline. On other hand
fresh longs BRITTANIA 5%, HUL 4%, MCDOWELL 10% and TATACONS 11% OI add with Price increase.
Options Front HUL CE writers hold 2200 CE and 2300 OI 5.4 and 5.23 Lakh Shares (last week 8.36 at 2200) resistance 2280-
2330 and ITC CE writers 199.5 building positions 55.3 Lakh Shares (last week was 200 levels) 204-205 resistance.
MCDOWELL CE writers building position at 650 level 6.6 (last week level was 600) Lakh Shares resistance 670-675.
Page No: 17
TECHNICAL VIEW:
ITC (CMP 194) - Weightage 9.06% in Nifty.

HUL (CMP 2222) - Weightage 1.80% in Nifty.

Asian Paints (CMP 1704) - Weightage 1.29% in Nifty.

Nestle (CMP 16800):

Pidilite (CMP 1380):

BATA INDIA (CMP 1270):

Stock would face resistance at higher levels. Thus, till 1335 zone is not crossed; expect a retest of support zone 1190.
Upside upto 1415 if crosses & sustains above 1335.
DABUR (CMP 474):

TITAN (CMP 962):

BRITANNIA (CMP 3720):

COLPAL (CMP 1390):

Marico (CMP 343):

Page No: 18
UNITED SPIRIT (MCDOWELL) (CMP 636):

PVR (CMP 1047):

BERGERPAINT (CMP 498):

TATA CONSUMER (CMP 430):

Godrej Cons Products (CMP 697):

Page No: 19
AUTO - Sector Weightage 9.3% in Nifty:
DERIVATIVE VIEW:
Option Activity
Sector Stocks
% % %
Automobile AMARAJABAT 0.98 -28.14 -13.74 18.81
APOLLOTYRE -0.89 -15.49 -14.02 17.23
ASHOKLEY 4.55 27.01 -1.76 22.53 55 57.6
BAJAJ-AUTO -1.16 0.83 0.52 22.69
BALKRISIND -3.53 -5.99 30.50 36.00
BHARATFORG -0.66 -13.14 5.05 22.03
BOSCHLTD 13.36 39.26 -16.20 18.82
EICHERMOT 2.37 -10.65 -1.86 21.93
ESCORTS 6.88 15.14 14.48 14.38
EXIDEIND 0.74 -10.63 -9.20 35.95
HEROMOTOCO -1.25 -11.16 -8.57 25.30
M&M
5.02 5.18 -4.68 24.13
560 4.39
MARUTI 0.83 7.28 -6.53 18.31
MOTHERSUMI -1.22 -20.70 -11.50 26.46 100 33.67
MRF -1.73 15.00 -14.69 22.85
TATAMOTORS 3.95 -3.00 6.77 12.99 110 62.35
TVSMOTOR -1.93 4.26 11.55 18.15
As we enter third week of JULY. Expiry on W-o-W basis mixed sentiment seen with fresh longs in stocks ESCORTS 15% and
TATAMOTORS 7% OI increase with Price Increase; Shorts were seen BALKRISHAN 30% and TVSMTR 12% OI increase price
decline. On other hand short covering seen ASHOKLEY 2%, BOSCH 16% and M&M 5%.
Option Data Suggest ASHOKLEY would face resistance 57-58 levels as 55 CE OI 57.6 (last week was 65.6) Lakh Shares and
TATAMTRS 110 CE OI 62.35 Lakh Shares (last week was 51.9 Lakh Shares) may find resistance 112-113 levels. M&M CE
writers holding at 560 levels with OI 4.29 (last week level 520) Lakh Shares may find resistance 570-575levels.
Page No: 20
TECHNICAL VIEW:
Tata Motors (CMP 107) - Weightage 2.37% in Nifty.

Bajaj Auto (CMP 2894) - Weightage 1.17% in Nifty.

Maruti (CMP 5950) - Weightage 1.91% in Nifty.

M&M (CMP 555) – Weightage 1.93% in Nifty.

Hero Motors (CMP 2680) - Weightage 1.09% in Nifty.

EICHER MOTORS (CMP 19500):

Ashok Leyland (CMP 51):

APOLLO TYRES (CMP 113):

BHARAT FORGE (CMP 354):

Motherson Sumi (CMP 96):

TVS MOTOR (CMP 385):

Page No: 21
EXIDE IND (CMP 154):

AMARAJA BATTERY (CMP 696):

ESCORTS (CMP 1136):

BALKRISND (CMP 1265):

Page No: 22
PHARMA - Sector Weightage 6.12% in Nifty:
DERIVATIVE DATA:
Option Activity
Sector Stocks
% % %
Pharma AUROPHARMA 5.62 28.43 8.20 24.65
BIOCON 4.69 38.44 6.09 22.29 420 11.77
CADILAHC -2.31 -10.48 8.42 33.34
CIPLA 0.20 4.72 4.98 30.58 650 10.12
DIVISLAB 0.49 -1.05 3.78 41.99
DRREDDY -0.50 23.09 6.56 35.85
GLENMARK -1.44 -16.50 -13.15 29.67
LUPIN -3.62 5.91 4.30 41.02
PEL 2.59 -2.59 -2.31 11.16
SUNPHARMA 3.82 55.81 -3.64 28.99 500 25.1
TORNTPHARM -1.55 6.36 5.05 32.74
DERIVATIVE DATA:-
W-o-W mixed sentiment seen selling pressure seen fresh shorts CADILA 8%, DRREDDY 6%, LUPIN 4% and TORRENTPH 5%
OI add with price decline. On other hands fresh longs seen AUROPH 8% and BIOCON 6% OI add with Price increase. Short
covering was seen PEL 3% and SUNPHARMA 4% OI decline with price increase.
Option Activity BIOCON 420 CE writers holding positions 11.8 (last week 16.9) Lakh Shares resistance 435-438; CIPLA 659
CE writers holding positions 10.12 (last week 8.38) Lakh Shares resistance 665-670; SURPHARMA 500 CE OI 25.1 (last week
18.18) Lakh Shares implies resistance 515-520.
Page No: 23
TECHNICAL VIEW:
Sun Pharma (CMP 494) - Weightage 2.52% in Nifty.

Cipla (CMP 638) - Weightage 1.12% in Nifty.

Lupin (CMP 861) - Weightage 1.60% in Nifty.

Dr Reddy (CMP 3904) - Weightage 1.76% in Nifty.

AUROBINDO PHARMA (CMP 820):

Torrent Pharma (CMP 2353):

BIOCON (CMP 415): Stock should take support around 397 Zone & rebound upto 455 zone. Below 397 would retest 366.
DIVIS LAB (CMP 2200):

PEL (CMP 1450):

Stock should take support around 1400 Zone & rebound upto 1539 zone. Below 1400 would retest 1324
Apollo Hospitals (CMP 1402): Stock should take support around 1340 Zone & rebound upto 1496 zone. Below 1340 would
retest 1230.
Cadila (CMP 356):

Page No: 24
METALS - Sector Weightage 2.85% in Nifty:
DERIVATIVE DATA:
Option Activity
Sector Stocks
% % %
Metals HINDALCO 12.05 18.86 13.06 22.06 170 11.69
JINDALSTEL 9.76 35.32 6.90 16.30 170 15.96
JSWSTEEL 2.82 25.62 5.49 30.74 200 22.46
NATIONALUM 12.20 56.16 1.12 28.54
NMDC 2.35 27.96 10.87 32.97
SAIL 18.92 353.37 -13.12 31.80
TATASTEEL 5.05 19.28 -3.78 22.32 350 26.67
VEDL 4.11 21.75 -4.68 27.49 115 60.32
W-o-W across the board supportive buying fresh longs HINDALCO 13%, JSPL 7%, JSW STEEL 6% and NMDC 11% OI increase
add with Price increase. On other hand short covering SAIL 13%, TATASTEEL 4%, and VEDL 4% OI decline with price
increase.
Options Activity HINDALCO 170 CE 11.69 (last week was 160 level) Lakh Shares resistance 171-175, JSPL CE writers shift
positions 170 at CE 15.96 (last week was 160 level) Lakh shares OI build up resistance at 178-183. TATASTEEL 350 CE 20.67
Lakh Shares (last week 340) resistance 362-365.
Page No: 25
TECHNICAL VIEW:
TATASTEEL (CMP 339) - Weightage 0.55% in Nifty.

VEDANTA (CMP 110) - Weightage 0.42% in Nifty.

HINDALCO (CMP 163) – Weightage 0.37% in Nifty.

JSWSTEEL (CMP 193):

Jindal Steel (CMP 169):

NMDC (CMP 84):

Page No: 26
POWER - Sector Weightage 2.63% in Nifty:
DERIVATIVE DATA:
Option Activity
Sector Stocks
% % %
Power NTPC -4.59 -2.75 11.80 46.03 95 33.68
POWERGRID -2.69 21.37 0.99 49.26
RECLTD -3.36 5.68 9.02 22.58 110 9.36
TATAPOWER 0.85 11.63 -6.45 25.64
TORNTPOWER -0.40 -0.13 6.64 21.45
W-o-W fresh shorts seen NTPC 12%, POWERGRID 1% and REC 9% OI increase with price decline. On other hand short
covering TATAPOWER 7% OI decline with price increase.
Options Position suggest NTPC 95 CE OI 33.6 Lakh Shares (last week level was 100) resistance 98-99 and REC 110 CE OI at
9.36 Lakh Shares (last week was 120) implying resistance 113-114.
NTPC (CMP 90) - Weightage 0.85% in Nifty.

Power Grid (CMP 173) - Weightage 0.96% in Nifty.

Torrent Power (CMP 327):

REC (CMP 104):

Page No: 27
CAPITAL GOODS - Sector Weightage 5.66% in Nifty:
DERIVATIVE DATA:
Option Activity
Sector Stocks
% % %
Capital Goods BEL 3.23 -23.44 -2.00 25.86 100 29.94
BHEL 7.92 -33.79 -24.47 19.97 45 82.3
CUMMINSIND -4.60 34.75 23.34 26.08
LT -1.24 7.11 8.56 36.88 1000 11.28
SIEMENS -1.01 -15.89 -12.99 24.68
VOLTAS 0.81 7.45 -1.59 33.08
W-o-W supportive buying short covering BEL 2% and BHEL 25% OI decline with price increase; Fresh Shorts seen
CUMMINDS 24% and LT 9% OI add with price decline.
Options Data Suggest BEL 100 CE OI 29.94 (last week was 35.4) Lakhs resistance 104-105 and LARSEN 1000 CE OI 11.28 (last
week was 6.93) Lakh Shares implying resistance at 1007-1020.
TECHNICAL VIEW:
LT (CMP 932) – Weightage 4.84% in Nifty.

SIEMENS (CMP 1140):

VOLTAS (CMP 561):

BEL (CMP 99): Stock should take support around 95 Zone & rebound upto 108 zone. Below 95 would retest 86.
CUMMINS (CMP 393): Stock would face resistance at higher levels. Thus, till 410 zone is not crossed; expect a retest of
support zone 360. Upside upto 445 if crosses & sustains above 410.
Page No: 28
TELECOM - Sector Weightage 1.74% in Nifty:
DERIVATIVE VIEW:
Option Activity
Sector Stocks
Change % Change Change
% %
Telecom BHARTIARTL -1.15 1.84 0.53 36.28 600 60.15
IDEA -2.27 851.61 20.53 28.60
INFRATEL -7.54 24.82 22.15 34.09
W-o-W selling seen across the world BHARTI 1%, IDEA 21% and INFRATEL 22% OI increase along with price decline.
Options Activity suggests BHARTI 600 CE OI 60.15 (last week was 42.4 Lakh Shares) implies resistance at 610-616.
TECHNICAL VIEW:
Bharti Airtel (CMP 575) – Weightage 1.57% in Nifty.

Bharti Infratel (CMP 209):

Page No: 29
CEMENT - Sector Weightage 3.03% in Nifty:
Option Activity
Sector Stocks
% % %
Cement ACC -0.44 7.20 0.08 27.12
AMBUJACEM 1.18 35.05 -0.66 33.34 200 7.26
205 9.21
GRASIM -2.24 18.18 -0.64 21.28
RAMCOCEM 0.69 10.98 7.62 26.01
SHREECEM -2.29 39.12 -1.61 33.96
ULTRACEMCO -2.29 10.79 4.81 43.16
W-o-W flat performance seen supportive buying was seen AMBUJA 1% OI decline with price increase. Fresh Shorts see
ULTRATECH 5% OI add with Price decline.
Options Data Suggest AMBUJA 200 and 205 CE 7.26 and 9.21 Lakh Shares resistance 207-209.
TECHNICAL VIEW:
Ambuja Cement (CMP 197) - Weightage 0.53% in Nifty.

ACC (CMP 1310) - Weightage 0.42% in Nifty.

GRASIM (CMP 610):

RAMCO CEMENT (CMP 647):

Page No: 30
REAL ESTATE - Sector Weightage 0.26% in Nifty:
DLF (CMP 148):

Godrej Properties (CMP 893):

Others – 0.79%:
DERIVATIVE VIEW:
Option Activity
Sector Stocks
% % %
Others ADANIENT 0.04 6.68 1.92 20.05 170 9.52
ADANIPORTS -6.96 -1.87 6.13 26.86
APOLLOHOSP 1.69 -3.28 -14.34 35.42
COALINDIA -3.20 16.20 10.70 37.88 135 32.7
CONCOR 0.23 86.43 7.85 39.50
HAVELLS 0.25 5.91 -1.96 20.72
INDIGO 0.35 9.03 4.94 17.68
JUBLFOOD -6.35 62.40 0.86 24.93
JUSTDIAL -1.84 -1.28 -8.43 14.61
ADANIENT 0.04 6.68 1.92 20.05 170 9.52
W-o-W mixed sentiment seen fresh shorts COALINDIA 11% and ADANIPORTS 6% OI increase with price decline. Fresh longs
seen CONCOR 8% OI increase with Price Increase.
Option Activity suggests ADANIENT 170 CE writing holding positions OI 9.52 Lakh Shares implies resistance 175-177.
COALIND 135 CE OI 32.7 Lakh Shares (last week level was 140) resistance at 139-142.
Page No: 31
TECHNICAL VIEW:
COAL INDIA (CMP 131) - Weightage 0.41% in Nifty.

ADANI PORTS (CMP 335) - Weightage 0.54% in Nifty.

ADANI ENT (CMP 160):

HAVELLS (CMP 580):

JUST DIAL (CMP 374):

JUBILANT FOODS (CMP 1620):

UBL (CMP 1031):

Indigo (CMP 1015):

Concor (CMP 430):

Page No: 32
FERTILIZERS/CHEMICALS:
DERIVATIVE VIEW:
TATA CHEM (CMP 299):

UPL (CMP 436):

SRF (CMP 3900):

MEDIA – 0.69%:
ZEE LTD (CMP 171): Weightage 0.75% in Nifty.

SUNTV (CMP 390):

Page No: 33
Research Team
Vivek Mahajan Hemant Thukral
Head of Research Head – Derivatives Desk
022-6819 0549 022-6819 0550
vivek.mahajan@adityabirlacapital.com hemant.thukral@adityabirlacapital.com
Fundamental Team
Avinash Nahata Head Equity Analyst 022-6819 0509 avinash.nahata@adityabirlacapital.com
Jaymin Trivedi Banking & Finance 022-6819 0511 jaymin.trivedi@adityabirlacapital.com
Naveen Baid IT 022-6819 0516 naveen.baid@adityabirlacapital.com
Suresh Gardas Pharma & Chemicals 022-6819 0513 suresh.gardas@adityabirlacapital.com
Mahavir Jain Mid - Cap 022 6819 0518 mahavir.jain@adityabirlacapital.com
Mohan Jaiswal Technical Analyst 022-6819 0515 mohan.jaiswal@adityabirlacapital.com
Salim Hajiani Equity Advisor 022-6819 0512 salim.hajiani@adityabirlacapital.com
Pradeep Parkar Equity Advisor 022-6819 0514 pradeep.parkar@adityabirlacapital.com
Quantitative Team
Sudeep Shah Senior Technical & Derivative Analyst 022-6819 0523 sudeep.shah@adityabirlacapital.com
Smita Dhale Assistant Manager 022-6819 0519 smita.dhale@adityabirlacapital.com
ABML research is also accessible in Bloomberg at ABMR
Page No: 34
Disclaimer:
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information must be altered, transmitted, copied, distributed or reproduced in any form to any other person. Persons into whose
possession this document may come are required to observe these restrictions. This document is for general information purposes only
and does not constitute an investment advice or an offer to sell or solicitation of an offer to buy / sell any security and is not intended for
distribution in countries where distribution of such material is subject to any licensing, registration or other legal requirements.
The information, opinion, views contained in this document are as per prevailing conditions and are of the date appearing on this
material only and are subject to change. No reliance may be placed for any purpose whatsoever on the information contained in this
document or on its completeness. Neither Aditya Birla Money Limited (ABML), its group companies, its directors, associates, employees
nor any person connected with it accepts any liability or loss arising from the use of this document. The views and opinions expressed
herein by the author in the document are his own and do not reflect the views of Aditya Birla Money Limited or any of its associate or
group companies. The information set out herein may be subject to updation, completion, revision, verification and amendment and
such information may change materially. Past performance is no guarantee and does not indicate or guide to future performance.
Nothing in this document is intended to constitute legal, tax or investment advice, or an opinion regarding the appropriateness of any
investment, or a solicitation of any type. The contents in this document are intended for general information purposes only. This
document or information mentioned therefore should not form the basis of and should not be relied upon in connection with making any
investment. The investment may not be suited to all the categories of investors. The recipients should therefore obtain their own
professional, legal, tax and financial advice and assessment of their risk profile and financial condition before considering any decision.
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interests/ positions in any of the securities of the Company (ies) mentioned therein or be engaged in any other transactions involving
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with respect to any recommendation and / related information and opinions. The company follows Employee Trading Policy which
regulates the trading activities of the research analysts. The compensation of the research analysts is governed as per the Board
approved “Research Analyst” Policy.
Aditya Birla Money Limited is acting as a Research Analyst and is registered under SEBI (Research Analyst) Regulations, 2014. SEBI
Registration No. INH000002145
Page No: 35

ABM Weekly Techno-Derivatives Snapshot 13 July 2020

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CNX Weekly Techno-Derivatives Snapshot 12 July 2020

CNX Nifty View (CMP 10768):

Tracking the Derivatives Data,

Daily Nifty Chart:

BANKNIFTY VIEW (CMP 22400):

Tracking the Derivatives Data,

Daily Bank Nifty Chart:

NSE Midcap: (CMP 15253):

BSE Small Cap (CMP 12803):

USDINR (CMP 75.20):

IT: Sector Weightage 14.45% in Nifty:

TCS (CMP 2219) - Weightage 4.12% in Nifty.

Infosys (CMP 781) - Weightage 7.08% in Nifty.

WIPRO (CMP 222) - Weightage 1.23% in Nifty.

HCLTECH (CMP 582) - Weightage 1.51% in Nifty.

TECH MAHINDRA (CMP 569): Weightage 1.08% in Nifty.

MINDTREE (CMP 1007):

NIIT TECH (CMP 1590):

INFOEDGE (CMP 2870):

Banking / Finance - Sector Weightage 31.17% in Nifty:

HDFCBANK (CMP 1105) - Weightage 7.02% in Nifty

HDFC (CMP 1885) - Weightage 6.70% in Nifty.

ICICI BANK (CMP 361) - Weightage 5.45% in Nifty.

SBI (CMP 195) - Weightage 2.65% in Nifty.

Axis Bank (440) - Weightage 2.80% in Nifty.

Kotak Bank (CMP 1350) - Weightage 2.34% in Nifty.

IndusInd Bank (CMP 540) - Weightage 1.57% in Nifty.

BAJFINANCE (CMP 3314):

BAJAJFINSV (CMP 6480):

M&M Finance (CMP 204):

IBULLSHSGFIN (CMP 235):

MUTHOOTFIN (CMP 1084):

CHOLAFIN (CMP 208):

Shriram Transport Finance (CMP 699):

Bank of Baroda (CMP 51):

RBL BANK (CMP 182):

LIC Housing Fin (CMP 276):

CANARA BANK (CMP 104.5):

EQUITAS (CMP 58):

UJJIVAN (CMP 256):

Manapurram (CMP 161):

L&T Fin (CMP 69):

ICICI PRU (CMP 417):

HDFC LIFE (CMP 592):

MFSL (MAXFIN) (CMP 561):

PFC (CMP 84):

Bandhan Bank (CMP 373):

OIL & GAS - Sector Weightage 9.18% in Nifty:

Reliance (CMP 1878) - Weightage 5.24% in Nifty.

BPCL (CMP 376) - Weightage 0.96% in Nifty.

HPCL (CMP 210):

GAIL (CMP 103) - Weightage 0.59% in Nifty.

IOC (CMP 86):

PETRONET (CMP 261):

IGL (CMP 408):

MGL (CMP 971):

FMCG - Sector Weightage 10.32% in Nifty:

ITC (CMP 194) - Weightage 9.06% in Nifty.

HUL (CMP 2222) - Weightage 1.80% in Nifty.

Asian Paints (CMP 1704) - Weightage 1.29% in Nifty.

Nestle (CMP 16800):

Pidilite (CMP 1380):

BATA INDIA (CMP 1270):