daily derivative report-money classic research
DESCRIPTION
A derivative is a security with a price that is dependent upon or derived from one or more underlying assets. The derivative itself is a contract between two or more parties based upon the asset or assets. Its value is determined by fluctuations in the underlying asset. The most common underlying assets include stocks, bonds, commodities, currencies, interest rates and market indexes.TRANSCRIPT
23 JAN 2016
NIFTY SNAPSHOT
INDEX OPEN HIGH LOW CLOSE
NIFTY FUTURE 7350 7438.80 7334.60 7436
NIFTY BANK 15340 15607.80 15261 15506
PIVOT LEVEL
INDEX R2 R1 PP S1 S2
NIFTY FUTURE 7507 7472 7403 7367 7299
NIFTY BANK 15805 15656 15458 15309 15111
OPEN INTEREST AND VOLUME
INDEX CURRENT PREVIOUS %CHANGE
NIFTY OI 20391375 20724300 0.04%
NIFTY VOLUME 207582 253543 0.18%
BANK NIFTY OI 2831370 2939160 0.03%
BANKNIFTYVOLUME 144593 173412 0.16%
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Market Wrap
The market snapped two-day losses on Friday. The Sensex rallied 473.45 points or 1.98 percent to 24435.66 and the Nifty surged 145.65 points or 2 percent to 7422.45, tracking global rally and oil rebound. BSE Midcap index gained 1.9 percent and Small cap surged 2.25 percent. More than three shares advanced for every share declining on the Bombay Stock Exchange
Stock Recommendations
Stock Recommendation for Tomorrow is BOI. In today’s trading session stock was on a uptrend. BOI long term trend is changing from down to up .In few past days it touches the support line and bounce back in upward which indicates us to buy. RSI indicator shows buy confirmation. So we recommend you to buy at the level of 101 with the target of 103/105, and stop loss of 98.
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NIFTY GAINERS / LOSERS
SYMBOL PRICE %CHANGE SYMBOL PRICE %CHANGE
GAIL 366.95 7.77% IDEACELULAR 106.85 -6.23%
HINDALCO 72.35 5.93% BHARTIARTL 298.70 -3.43%
MARUTISUZ 4104.95 5.48% BOSCH 17303.90 -0.98
M&M 1198.90 5.29% HUL 771.50 -0.53%
TATASTEEL 247.80 5.18% GRASIM 3447.30 -0.14%
OPTION SNAPSHOT
SYMBOL STRIKE OPEN HIGH LOW CLOSE
SBIN CE 190 1.00 2.10 0.75 1.50
RELIANCE CE 1020 9.00 13.00 8.20 9.25
RELIANCE CE 1040 5.00 6.75 4.00 4.25
RELIANCE CE 1000 14.20 23.65 14.20 18.80
JETAIRWAYS PE 600 6.00 48.65 5.80 15.00
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FII and DII Trading Activity :
FII ACTIVITY (Rs.in crores)
FII GROSS
PURCHASE GROSS SALES
NET PURCHASE/SALES
21-JAN-2016 4042.16 5789.39 -1747.23
20-JAN-2016 3854.92 5179.61 -1324.69
19-JAN-2016 2695.97 3553.67 -857.70
DII ACTIVITY (Rs.in crores)
DII GROSS
PURCHASE GROSS SALES
NET PURCHASE/SALES
21-JAN-2016 2544.12 1276.38 1267.74
20-JAN-2016 2882.52 1499.38 1383.14
19-JAN-2016 2691.27 1304.44 1386.83
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