Derivative Report - 20 Oct 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 5.25% while
Minifty futures’ open interest increased by 14.39% as
market closed at 5139.15 levels.
 The Nifty Oct. future closed at a Premium of 10.25 point
against a Premium of 7.36 points. The November Series
closed at a Premium of 26.50 points.
 The Implied Volatility of at the money options is
decreased from 24.70% to 21.85%.
 The PCR-OI is increased from 1.48 to 1.55.
 The total OI of the market is `1,33,547.80cr. And the
stock futures OI are `32,537.68cr.
 Stocks where cost of carry is positive are JSWENERGY,
HOTELEELA, FSL, TRIVENI and GITANJALI
View
 It was disappointing that despite strong close FII's
didn’t buy in cash market segment. Some formation
of long positions in Index futures was visible but
activity was relatively higher in index options.
 5000 and 5100 call writers are now covering their
positions in big way. Interestingly put writers are now
becoming active and we are witnessing huge OI
built-up in 5100 puts.
 Yesterdays rise in STER was mainly due to short
covering. `122-124 is strong resistance zone. Short
the counter with stop loss of `125 and target of
`109.
 DLF has again reached near its resistance of `240-
245. Lot of long positions are standing in the counter
as of now. We may witness some unwinding of it.
Short with stop loss of `246 and target of `215.
Historical Volatility
SCRIP HV
CROMPGREAV 82.31
ABB 51.53
HEROMOTOCO 34.50
MOSERBAER 108.31
NEYVELILIG 43.03