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
30 MAR 2016
NIFTY SNAPSHOT
INDEX OPEN HIGH LOW CLOSE
NIFTY FUTURE 7629 7674 7597 7613
NIFTY BANK 15640 15827 15622 15712
PIVOT LEVEL
INDEX R2 R1 PP S1 S2
NIFTY FUTURE 7705 7659 7628 7582 7551
NIFTY BANK 15925 15819 15720 15614 15515
OPEN INTEREST AND VOLUME
INDEX CURRENT PREVIOUS %CHANGE
NIFTY OI 17877000 21326175 -19.29
NIFTY VOLUME 231504 201820 12.82
BANK NIFTY OI 1814250 2267940 -25.00
BANKNIFTY VOLUME 108049 108396 -0.32
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Market Wrap
Equity benchmarks ended lower again. The Sensex declined 65.94 points to 24900.46 and the
Nifty fell 18.10 points to 7597. The market breadth was weak as about two shares declined for
every share advancing on BSE. Reliance Industries, Tata Motors, Maruti Suzuki, Axis Bank and
Bharti Airtel gained 1-3 percent while Lupin, HDFC, Sun Pharma, Dr Reddy's and TCS fell 1-6
percent.Leading stock exchange BSE will suspend trading in the securities of eight companies
from April 20 as they failed to comply with certain listing requirements. In case they comply with
the norms by April 14, they would not face trading suspension. Stock Recommendations
Stock Recommendation for Tomorrow is TATASTEEL. In today’s trading session stock was on
a UP trend. TATASTEEL short term trend is continuously UP, there is also a good resistance at
300 so we can sell from 302 for target of 303/304/305 with 300 stop loss.
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NIFTY GAINERS / LOSERS
SYMBOL PRICE %CHANGE SYMBOL PRICE %CHANGE
TATAMOTORS 372.45 2.41 LUPIN 1401.55 -6.26
MARUTI 3729.95 2.50 CIPLA 503.50 -3.95
IDEA 107.35 1.90 DRREDDYS 2941.30 -3.11
TATASTEEL 303.85 1.57 GAIL 347.80 -2.78
RELIANCE 1036.25 1.55 BHEL 110.95 -1.94
OPTION SNAPSHOT
SYMBOL STRIKE OPEN HIGH LOW CLOSE
LUPIN CE 1500 22.10 22.10 2.05 12.00
LUPIN CE 1400 36.10 51.00 10.60 47.00
LUPIN CE 1450 49.50 49.50 4.05 26.30
ASHOKLEY CE 110 0.45 0.80 0.25 0.40
LUPIN PE 1300 0.25 48.40 0.25 10.40
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FII and DII Trading Activity :
FII ACTIVITY (Rs.in crores)
FII GROSS
PURCHASE GROSS SALES
NET
PURCHASE/SALES
23-MAR-2016 5346.52 3303.58 2042.94
23-MAR-2016 3923.97 2947.06 976.91
22-MAR-2016 4945.28 3949.84 1095.44
DII ACTIVITY (Rs.in crores)
DII GROSS
PURCHASE GROSS SALES
NET
PURCHASE/SALES
23-MAR-2016 1408.82 3903.26 -2494.44
23-MAR-2016 1596.53 2619.11 -1022.58
22-MAR-2016 1167.84 2098.21 -930.37
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