25 March 2011

Angel Broking- Derivative Report March 25, 2011

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


Comments
 The Nifty futures’ open interest decreased by 0.46% while
Minifty futures’ open interest  increased  by 1.83% as
market closed at 5522.40 levels.
 The Nifty  March future closed at a premium of  23.40
points, against  a premium of  20.00 points  in the last
trading session. On the other hand, April future closed at
a premium of 43.10 points.
 The PCR-OI increased from 1.26 to 1.34 levels.
 The Implied volatility of At-the-money options decreased
from 18.50% to 17.50%.
 The total OI of the market is `1,47,554cr and the stock
futures OI is `34,219cr.
 Few liquid stocks where cost of carry is positive  are
INDIAIINFO, PTC, SINTEX, GTOFFSHORE and IRB.




View
 FIIs again formed long positions in the Index futures.
FIIs and DIIs both were net buyers of more  than
`300cr in the cash market segment.
 Yesterday again short unwinding was observed in the
5400 and 5500 call options and build up  was
observed in the 5500 and 5600 put options.
 Some buying was observed in BANKINDIA. Stock
added around 9% open interest yesterday. We may
see a positive move up to `470. Trading with positive
bias is advisable with a stop loss of `447.
 MARUTI is showing some long formations. We
believe yesterday’s build up  of 8% was long
formations from lower levels. We may see a positive
move up to  `1,210. Traders  can trade with positive
bias with a stop loss of `1,160

No comments:

Post a Comment