DAILY DERIVATIVE REPORT

17 MAY 2016

YOUR MINTVISORY Call us at +91-731-6642300

The Indian equity market ended with smart gains and closed near day’s high on Monday amid a see-saw trad-

ing session. After opening with positive bias indices slipped lower and remained under pressure in the first half of the day.

The BSE Sensex ended with a gain of 164 points at 25,653. The BSE Sensex opened at 25,529 touched an intra-

day high of 25,688 and low of 25,352. The NSE Nifty closed with a gain of 46 points at 7,861. The NSE Nifty opened at 7,831 hitting a high of 7,874 and low of 7,772.

Post a negative start, the Nifty witnessed decent buying support near the highest Put base of 7800. With a no-

ticeable pullback in the second half, the Nifty managed to end with gains of 55 points for the day. Nifty futures premium settled at 26 points. India VIX rose 0.3% to 17.1

FIIs sold | 80 crore while DIIs sold | 128 crore in the cash segment. FIIs sold | 193 crore in index futures and

bought | 1275 crore in index options. In stock futures, they sold | 405 crore The highest Put base is at the 7700 strike with 54 lakh shares while the highest Call base is at 8000 Call strike

with 83 lakh shares. The 7900 and 8200 Call strikes saw addition of 2.3 lakh and 0.5 lakh shares, respectively. The 7900 and 7700 Put strikes saw additions of 4.3 lakh and 3.5 lakh shares, respectively

Nifty Future: The Nifty is likely to open flat to positive on the back of strong global cues. It is likely to trade in

the range of 7830-7940. Buy Nifty in the range of 7860-7870 for targets of 7900-7920, stop loss: 7845 Bank Nifty Future: The Bank Nifty failed to extend gains and remained volatile due to continued selling pres-

sure on PSU banks. However, looking at the option data, we feel the index is well placed to move towards lev-els of 17000 with support seen at 16500. Buy Bank Nifty in range of 16600-16650, targets: 16750- 16850, stop loss: 16500

NIFTY SNAPSHOT & PIVOT POINTS

SPOT FUTURE COST OF

CARRY TOTAL FUT OI PCR OI PCR VOL ATM IV

CURRENT 7861 7887 12.28 18228450 0.92 0.90 16.82

PREVIOUS 7815 7831 5.62 18201450 0.88 0.97 16.13

CHANGE(%) 0.59% 0.72% 0.15% - - -

PIVOT LEVELS S3 S2 S1 PIVOT R1 R2 R3

NIFTY FUTURE 7616 7736 7811 7856 7931 7976 8096

INDEX OUTLOOK

MARKET ROUND UP

DAILY DERIVATIVE REPORT

17 MAY 2016

YOUR MINTVISORY Call us at +91-731-6642300

INTRADAY STRATEGY

i) SUNTV FUTURE ii) RELINFRA FUTURE

Buy future around 385-390

Sell future around 520-522

View : Bullish View : Bearish

Strategy : Future Strategy : Future

Target1: 400 Target 2 : 410 Target1: 510 Target 2 : 505

Stop loss : 378 Stop loss : 528

Market Lot : 2000 ,CMP : 391

Market Lot : 1300 ,CMP : 511.15

STOCK ANALYSIS

OPEN INTEREST ACTIVITY

LONG BUILD UP SHORT BUILD UP

SYMBOL OI (LOTS) %

CHNG PRICE %CHNG SYMBOL OI (LOTS)

%

CHNG PRICE %CHNG

SUNTV 2000.00 12.2 391.00 2.10 UCOBANK 1190.00 24.7 33.55 [7.1]

GLENMARK 5797.00 7.7 872.95 1.20 RELINFRA 7509.00 19.4 514.00 [5.0]

KSCL 2803.00 2.5 408.20 0.40 EICHERMOT 10056.00 18.2 19040.00 [3.6]

TV18BRDCST 3689.00 1.1 40.90 1.40 UBL 3365.00 17.7 763.90 [3.9]

TATACOMM 3323.00 1 441.85 1.40 IDBI 3907.00 8.5 65.35 [4.5]

OI addition : We saw long built up in suntv, glenmark, kscl, tv 18 , tata comm. while short built up was

seen in uco bank, relinfra, eicher motor, ubl, idbi.

OI Shedding : We saw short covering was seen in divislab, justdial, abirla nuvo, sks micro, cesc and long unwind-

ing was seen in engineer india, titan, ntpc, upl, dabur.

DAILY DERIVATIVE REPORT

17 MAY 2016

YOUR MINTVISORY Call us at +91-731-6642300

Instrument

Type

Symbol Expiry

Date

Option

Type

Strike

Price

LTP Traded

Volume

(Contracts)

Traded

Value

(Lakhs)

OPTSTK RELIANCE 26MAY2016 CE 1,000 8.40 3,469 17,520.36

OPTSTK ICICIBANK 26MAY2016 CE 230 4.60 3,468 13,842.28

OPTSTK ADANIPORTS 26MAY2016 CE 200 2.75 2,801 9,145.15

OPTSTK ICICIBANK 26MAY2016 CE 240 1.90 2,767 11,385.32

OPTSTK BANKBARODA 26MAY2016 CE 160 5.30 2,501 12,803.47

MOST ACTIVE CALLS

MOST ACTIVE PUTS

Instrument

Type

Symbol Expiry

Date

Option

Type

Strike

Price

LTP Traded

Volume

(Contracts)

Traded

Value

(Lakhs)

OPTSTK ICICIBANK 26MAY2016 PE 220 3.05 1,995 7,572.88

OPTSTK BANKBARODA 26MAY2016 PE 150 5.10 1,626 7,790.75

OPTSTK AXISBANK 26MAY2016 PE 480 6.00 1,517 7,382.48

OPTSTK ICICIBANK 26MAY2016 PE 230 7.30 1,477 5,961.63

OPTSTK SBIN 26MAY2016 PE 180 3.60 1,468 5,394.61

FII ACTIVITY (IN RS. CRORE)

BUY SELL OPEN INTEREST AT THE

END OF THE DATE

DERIVATIVE

PRODUCT

NO.OF

CON-

TRACTS

AMOUNT

IN CRORES

NO.OF

COTRACTS

AMOUNT

IN CRORES

NO. OF

CONTRACTS

AMOUNT

IN CRORES

INDEX FUTURES 31340 1766.38 35392 2004.28 230659 13172.10

INDEX OPTIONS 580941 33168.43 586677 33582.83 1189714 69005.69

STOCK FUTURES 102366 5077.45 110654 5401.50 1025884 49164.75

STOCK OPTIONS 55433 2698.48 57122 2782.06 77883 3793.43

DAILY DERIVATIVE REPORT

17 MAY 2016

YOUR MINTVISORY Call us at +91-731-6642300

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PRICE VOLUME OI MARKET

RISING UP UP STRONG

RISING DOWN DOWN WEAK

DECLINING UP UP WEAK

DECLINING DOWN DOWN STRONG

GENERAL RULES FOR OPEN INTEREST & VOLUME