Derivative Report India Research Apr 25, 2011 Angel Broking,

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


Comments
 The Nifty futures’ open interest increased by 3.03% while
Minifty futures’ open interest increased by 5.35% as
market closed at 5884.70 levels.
 The Nifty April future closed at a premium of 18.85
points, against a premium of 18.95 points in the last
trading session. On the other hand, May future closed at
a premium of 42.80 points.
 The PCR-OI increased from 1.36 to 1.45 levels.
 The Implied volatility of At-the-money options decreased
from 17.50% to14.50%.
 The total OI of the market is `1,54,137cr and the stock
futures OI is `38,699cr.
 Few liquid stocks where Cost of carry is positive are
SINTEX, RUSHISOYA, JPPOWER, VIDEOIND and NCC.

Day traders can trade with positive bias in JPPOWER

as some long formations have been observed in the

counter. We may see a positive move up to `54-55.

Keep a stop loss of `49.50.