Derivative Report - July 25, 2011 - Angel Broking,

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 The Nifty futures’ open interest decreased by 0.99% while
Minifty futures’ open interest decreased by 1.85% as
market closed at 5633.95 levels.
 The Nifty July future closed at a premium of 11.60
points, against a premium of 2.50 points in the last
trading session, while the Aug futures closed at a
premium of 29.30 points.
 The Implied Volatility of at the money options decreased
from 17.00% to 15.50%.
 The PCR-OI increased from 1. 08 to 1.24 points.
 The total OI of the market is `146,342cr and the stock
futures OI is `36,821cr.
 The Nifty futures’ rollover is 14.43% and rollover of
Minifty futures is 33.95%, while the market wide rollover
is 22.97%





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 FIIs covered some of their short positions in the Index
futures and formed some long positions in the stock
futures. They were net buyers of `445cr in the cash
market segment.
 In the last trading session, huge unwinding was
observed in most of the Call options and build up
was observed in the 5600 and 5700 Put options.
 3IINFOTECH has strong support around current
levels. Although stock has seen some short formation
in the last trading session, we expect a positive move
up to `45-46. Traders can trade with positive bias
with a stop loss of `41.
 INDHOTEL is consolidating around current levels
since a long time. In the past 2-3 trading sessions,
stock added considerable open interest. We may see
a positive move up to `81. Traders can trade with
positive bias with a stop loss of `75.