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 5.80% while
Minifty futures’ open interest decreased by 0.43% as
market closed at 5049.95 levels.
The Nifty Oct. future closed at a Premium of 4.05 point
against a Premium of 10.95 points. The November
Series closed at a Premium of 24.10 points.
The Implied Volatility of at the money options is
increased from 23.66% to 25.67%.
The PCR-OI is decreased from 1.47 to 1.40 points.
The total OI of the market is `1,38,302.40cr. And the
stock futures OI are `32,215.01cr.
Few of the large cap stocks where we have seen
high rollover are NTPC, ICICIBANK, TATAMOTORS,
AXISBANK and HDFC.
View
FII’s continue to sell in cash market, but the quantum
of selling was quite minimal. They were net sellers of
worth `234/-cr. On Derivatives front they continue to
be net buyers in index options and in index futures
after a day of forming short position they were net
buyers in Friday’s trading session.
There was continuous buildup visible in at the money
and out of the money call options in October series.
As IV’s are low this gives positive outlook for the
market.
Last week we saw AXISBANK consolidating in the
range of `1070-1130 and the stock has seen some
addition of long positions. Hence we suggest to trade
in with positive bias with the target price of `1230
and stop loss at `1085.
HINDALCO is trading at very crucial support of `
120-122 and it has a good amount of short positions
standing in this counter. We may see some short
covering bounce back in this stock. Hence we suggest
to go long with the target price of `131 and stopping
loss at `117.
Historical Volatility
SCRIP HV
ASIANPAINT 32.54
RAYMOND 50.03
TULIP 38.62
POLARIS 68.43
UNIONBANK 48.08
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Comments
The Nifty futures’ open interest increased by 5.80% while
Minifty futures’ open interest decreased by 0.43% as
market closed at 5049.95 levels.
The Nifty Oct. future closed at a Premium of 4.05 point
against a Premium of 10.95 points. The November
Series closed at a Premium of 24.10 points.
The Implied Volatility of at the money options is
increased from 23.66% to 25.67%.
The PCR-OI is decreased from 1.47 to 1.40 points.
The total OI of the market is `1,38,302.40cr. And the
stock futures OI are `32,215.01cr.
Few of the large cap stocks where we have seen
high rollover are NTPC, ICICIBANK, TATAMOTORS,
AXISBANK and HDFC.
View
FII’s continue to sell in cash market, but the quantum
of selling was quite minimal. They were net sellers of
worth `234/-cr. On Derivatives front they continue to
be net buyers in index options and in index futures
after a day of forming short position they were net
buyers in Friday’s trading session.
There was continuous buildup visible in at the money
and out of the money call options in October series.
As IV’s are low this gives positive outlook for the
market.
Last week we saw AXISBANK consolidating in the
range of `1070-1130 and the stock has seen some
addition of long positions. Hence we suggest to trade
in with positive bias with the target price of `1230
and stop loss at `1085.
HINDALCO is trading at very crucial support of `
120-122 and it has a good amount of short positions
standing in this counter. We may see some short
covering bounce back in this stock. Hence we suggest
to go long with the target price of `131 and stopping
loss at `117.
Historical Volatility
SCRIP HV
ASIANPAINT 32.54
RAYMOND 50.03
TULIP 38.62
POLARIS 68.43
UNIONBANK 48.08
No comments:
Post a Comment