Published On 16 Jan 2019 Published On Research Analyst Report 16 JAN 2019 Derivative Premium Daily Journal Strictly for Client Circulation
Market Wrap Indices extend gains- Key indices extended gains and hit fresh intraday high in mid-afternoon trade. At 14:29 IST, the barometer index, the S&P BSE Sensex, was up 406.79 points or 1.13% at 36,260.35. The Nifty 50 index was up 126.15 points or 1.17% at 10,863.75. Gains were triggered on hopes of interest rate cut by RBI after latest data revealed that retail inflation as dropped sharply in December. Positive global stocks also boosted sentiment. The Sensex was trading above the psychological 36,000 level after regaining that level in early trade. Domestic stocks opened on a firm note on positive Asian stocks. Key indices were trading firm in morning trade. Strong buying demand in index pivotals pushed the key benchmark indices higher in early afternoon trade. The S&P BSE Mid-Cap index was up 0.61%. The S&P BSE Small-Cap index was up 0.76%. Shares continue trading on firm note- The market held firm at higher levels in afternoon trade. At 13:18 IST, the barometer index, the S&P BSE Sensex, was up 351.10 points or 0.98% at 36,204.66. The Nifty 50 index was up 108.85 points or 1.01% at 10,846.45. Gains were triggered on hopes of interest rate cut by RBI after latest data revealed that retail inflation as dropped sharply in December. Positive Asian stocks also boosted sentiment. The Sensex was trading above the psychological 36,000 level after regaining that level in early trade. Domestic stocks opened on a firm note on positive Asian stocks. Key indices were trading firm in morning trade. Strong buying demand in index pivotals pushed the key benchmark indices to intraday high in early afternoon trade. The S&P BSE Mid-Cap index was up 0.42%. The S&P BSE Small-Cap index was up 0.57%.
Buzzing Stocks R System gains 3% as the board approves buyback proposal. Trident stock gains 7% post Q3FY19 numbers. Foseco India to consider voluntary delisting; stock surges 20%. R Systems gains 3% as the board approved buyback of up to36.9lakh shares at Rs65/share via the tender route. Nifty IT index gains 2% on rupee weakness. Infibeam (+9%), Wipro (+4%), Infosys (+3%), TCS, Tech Mahindra (+2%). Jet Airways gains 4% on report of finalization of a resolution plan. Wipro stock climbs 2.5% post announcing record date for issue of bonus shares.
Stock Showing Activity Top Gainers- Nifty 50 Index LTP Change(%) Wipro 329.80 17.25 (5.52%) Yes Bank 203.00 7.65 (3.92%) Tech Mahindra 706.25 26.40 (3.88%) JUSTIFICATION Infosys AND COMMENTS- 726.60 24.70 (3.52%) H P C L 241.55 7.60 (3.25%) Top Losers- Nifty 50 Index LTP Change(%) Maruti Suzuki 7,355.15-53.55 (-0.72%) ICICI Bank 372.75-0.60 (-0.16%) Bharti Infra. 279.75-0.35 (-0.12%) JUSTIFICATION AND COMMENTS- GAIL (India) 324.55-0.35 (-0.11%) Key Indices Sector Indices Power Grid Corpn 192.45-0.05 (-0.03%) Today Index LTP High Low % Change Nifty Metal Nifty Auto Nifty Energy Nifty Media JUSTIFICATION AND COMMENTS- 2,501.65 2,517.95 2,480.85 +29.80 Nifty Realty Nifty Pharma Nifty Financial Services Nifty FMCG Nifty PSU Bank Nifty IT 2,986.30 2,989.75 2,937.00 +46.95 8,888.40 8,902.30 8,845.50 +38.70 14,162.60 14,185.60 13,948.40 +297.40 238.55 239.60 235.00 +4.20 9,027.50 9,035.40 8,958.60 +78.20 11,675.30 11,684.25 11,609.40 +85.40 31,011.05 31,045.90 30,759.90 +294.65 3,151.10 3,174.65 3,144.40 +5.85 14,658.50 14,685.50 14,262.40 +434.90
Nifty Spot View NIFTY 50 (Bullish) SPOT VIEW BASIS 1M FUTURE 2M FUTURE ROLLOVER SPREAD 10890.3 30.9 10921.2 10953.35 32.15 ROLLOVER % OPEN INTEREST OI % Chg Put Call Ratio 8.15% 382403-0.24% 1.27 R2 10,950 R1 10,920 Pivot 10,898 S1 10,868 S2 10,846 JUSTIFICATION AND COMMENTS- Benchmark indices ended the volatile day on flat note with Nifty closed below 10,900, while Sensex finished near day's low point. The Sensex was up 2.96 points at 36321.29, while Nifty was up 3.50 points at 10890.30. About 1208 shares have advanced, 1345 shares declined, and 144 shares are unchanged. Indiabulls Housing, Yes Bank, Wipro, IndusInd Bank and BPCL are the top gainers on the Nifty, while JSW Steel, Bharti Infratel, Bajaj Finance, UPL and Vedanta are the top losers on the Nifty. Domestic stock markets ended Monday's session on a higher note tracking strength in global peers on easing of concerns about a slowdown in world economy. The 30-scrip Bombay Stock Exchange (BSE) benchmark index closed at 35,850.16, up 155.06 points or 0.43 per cent from the previous close, and the Nifty50 index of the National Stock Exchange (NSE) moved 44.45 points or 0.41 per cent higher to finish at 10,771.80. Gains on Dalal Street were led by IT, realty and banking stocks. Optimism ahead of the corporate earnings season boosted trading sentiment. As per the pivot table 10868-10846 are The intraday support levels for the Nifty index. The intraday resistance in the nifty index is seen in the range of 10950-10920.
Nifty Spot View NIFTY BANK (Bullish) SPOT VIEW BASIS 1M FUTURE 2M FUTURE ROLLOVER SPREAD 27483.7 46.3 27530 27630 100 ROLLOVER % OPEN INTEREST OI % Chg Put Call Ratio 4.36% 55128 6.34% 1.37 R2 27,631 R1 27,557 Pivot 27,480 S1 27,406 S2 27,329 JUSTIFICATION AND COMMENTS- Benchmark indices ended the volatile session on positive note on Thursday with Nifty ended below 10,800 level. The Sensex was up 150.57 points or 0.42% at 35929.64, while Nifty was up 53.90 points or 0.50% at 10791.50. About 1470 shares have advanced, 1055 shares declined, and 135 shares are unchanged. Wipro, Kotak Mahindra Bank, Infosys, Maruti Suzuki and Tata Motors are the top gainers on the Sensex, while Yes Bank, Sun Pharma, TCS, Tata Steel and Coal India are among major losers. US-based New York Life has picked up around 2 percent stake in Max Financial Services (MFS) through bulk deals and open market purchases for over Rs 215 crore, signalling its renewed interest in the life insurance business of its former partner in India. According to market sources, New York Life acquired 49,99,130 shares of MFS from Max Ventures Investment Holdings, a promoter group holding company, at Rs 429.50 per share in a bulk deal on Thursday. After the transaction, the promoter holding in MFS has come down to 28.42 percent from 30.29 percent earlier. As per the pivot table 10406-10329 are The intraday support levels for the Nifty index. The intraday resistance in the nifty index is seen in the range of 10631-10557.
future Open Interest Most Up Security Expiry Open Interest Change(%) RELIANCE Feb 19 15482 +76.90% NIFTY 50 Feb 19 31183 +49.34% YESBANK Feb 19 10011 +40.01% ZEEL Jan 19 15483 +17.56% DABUR Jan 19 11864 +8.64% JSWSTEEL Jan 19 35837 +7.48% RELIANCE Jan 19 101043 +6.47% DRREDDY Jan 19 16551 +6.44% Open Interest Most Down Securities Expiry Open Interest Change(%) MCX Jan 19 3996-7.86% NIFTY IT Jan 19 379-6.42% CESC Jan 19 2559-5.64% DLF Feb 19 120-5.51% PCJEWELLER Jan 19 1455-5.03% GODFRYPHLP Jan 19 905-4.44% NIITTECH Jan 19 2517-4.30% JETAIRWAYS Feb 19 394-3.67% Greatest Premium Greatest Discount Security Expiry Premium Premium(%) Securities Expiry Premium Premium(%) RELIANCE Feb 19 +10.40 +0.92% GRASIM Jan 19 +7.10 +0.86% DABUR Jan 19 +3.25 +0.77% BHARATFORG Jan 19 +3.35 +0.68% JSWSTEEL Jan 19 +1.75 +0.61% DRREDDY Jan 19 +16.05 +0.61% HCLTECH Jan 19 +5.60 +0.60% ASHOKLEY Jan 19 +0.55 +0.59% JETAIRWAYS Feb 19-43.70-16.20% JETAIRWAYS Jan 19-36.70-13.61% BPCL Feb 19-9.15-2.63% KSCL Feb 19-11.10-1.95% DCBBANK Feb 19-2.60-1.43% HINDPETRO Feb 19-3.40-1.41% RECLTD Feb 19-1.65-1.32% OIL Feb 19-2.05-1.18%
future Accumulation Price Security Expiry Change Change(%) Basis Future Open Interest IO Change(%) RELIANCE Feb 19 1146.30 +5.10 +0.45% +10.40 15482 +76.90% YESBANK Feb 19 209.50 +4.90 +2.39% +1.15 10011 +40.01% TCS Feb 19 1884.00 +5.85 +0.31% +13.85 9425 +17.59% L&TFH Jan 19 142.55 +0.60 +0.42% +0.70 5623 +10.86% INDIGO Jan 19 1144.00 +55.65 +5.11% +7.45 5476 +10.07% FEDERALBNK Jan 19 91.80 +0.20 +0.22% +0.60 7699 +10.05% RELINFRA Jan 19 315.95 +3.90 +1.25% +1.75 8158 +9.18% RELIANCE Jan 19 1140.70 +4.70 +0.41% +4.80 101043 +6.47% Liquidation Price Security Expiry Change Change(%) Basis Future Open Interest IO Change(%) MFSL Feb 19 456.00-8.75-1.88% +3.35 23-11.54% MCX Jan 19 754.75-12.70-1.65% +2.55 3996-7.86% DLF Feb 19 185.00-2.75-1.46% +2.05 120-5.51% PCJEWELLER Jan 19 80.55-1.45-1.77% +0.10 1455-5.03% CHENNPETRO Feb 19 263.40-0.60-0.23% +0.15 19-5.00% GODFRYPHLP Jan 19 974.40-13.95-1.41% +9.90 905-4.44% JETAIRWAYS Feb 19 226.00-38.50-14.56% -43.70 394-3.67% PVR Feb 19 1661.00-13.85-0.83% +14.35 120-3.23%
future Short Covering Price Security Expiry Change Change(%) Basis Future Open Interest IO Change(%) PETRONET Feb 19 221.75 +4.80 +2.21% +1.25 60-10.45% NIFTY IT Jan 19 14744.00 +61.00 +0.42% +36.20 379-6.42% CESC Jan 19 705.80 +13.95 +2.02% +1.85 2559-5.64% NIITTECH Jan 19 1214.80 +22.65 +1.90% +5.20 2517-4.30% INDUSINDBK Jan 19 1529.10 +25.15 +1.67% +2.40 28680-3.33% BPCL Feb 19 338.10 +1.75 +0.52% -9.15 243-3.19% COLPAL Jan 19 1334.00 +1.50 +0.11% +3.25 2060-2.74% BPCL Jan 19 346.90 +3.65 +1.06% -0.35 5817-2.63% Fresh Shorts Price Security Expiry Change Change(%) Basis Future Open Interest IO Change(%) NIFTY 50 Feb 19 10953.35-4.60-0.04% +63.05 31183 +49.34% HDFC Feb 19 1991.30-16.95-0.84% +16.30 7566 +49.08% MINDTREE Jan 19 838.15-17.80-2.08% -3.05 6643 +17.60% ZEEL Jan 19 454.45-3.75-0.82% +2.35 15483 +17.56% PAGEIND Jan 19 23380.00-485.55-2.03% +18.80 6502 +16.82% DABUR Jan 19 427.10-1.60-0.37% +3.25 11864 +8.64% NESTLEIND Jan 19 11125.00-227.30-2.00% +69.10 5700 +8.43% JSWSTEEL Jan 19 288.20-5.35-1.82% +1.75 35837 +7.48%
options call Symbol Strike Expiry Premium Spot Price Open Interest (In Contants) NIFTY 50 11000.0 Jan 19 85.00 10890.30 52586 NIFTY 50 11100.0 Jan 19 47.50 10890.30 40639 NIFTY 50 10900.0 Jan 19 137.30 10890.30 35598 NIFTY 50 11200.0 Jan 19 23.40 10890.30 45054 NIFTY 50 11300.0 Jan 19 10.40 10890.30 35889 NIFTY 50 10800.0 Jan 19 200.55 10890.30 25591 NIFTY 50 11500.0 Jan 19 3.25 10890.30 37806 NIFTY 50 11400.0 Jan 19 4.80 10890.30 17873 puts Symbol Strike Expiry Premium Spot Price Open Interest (In Contants) NIFTY 50 10900.0 Jan 19 114.55 10890.30 31528 NIFTY 50 10800.0 Jan 19 81.50 10890.30 46706 NIFTY 50 10700.0 Jan 19 57.00 10890.30 51165 NIFTY 50 10500.0 Jan 19 27.00 10890.30 54904 NIFTY 50 10600.0 Jan 19 39.15 10890.30 37957 NIFTY 50 11000.0 Jan 19 162.00 10890.30 15293 NIFTY 50 10400.0 Jan 19 17.75 10890.30 31161 NIFTY 50 10300.0 Jan 19 12.35 10890.30 25231
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