Derivative Report - 4 NOV 2011 -Angel Broking,

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Comments
 The Nifty futures’ open interest decreased by 1.24% while
Minifty futures’ open interest increased by 4.37% as
market closed at 5265.75 levels.
 The Nifty Nov. future closed at a Premium of 30.10 point
against a Premium of 21.72 points. The December Series
closed at a Premium of 53.25 points.
 The Implied Volatility of at the money options is
increased from 22.37% to 22.62%.
 The PCR-OI is unchanged to 1.37 points.
 The total OI of the market is `1,19,293.50cr. and the
stock futures OI are `32,680.66cr.
 Stocks were cost of carry is positive are KSOILS,
VIDEOIND, GMRINFRA, TTML and GITANJALI.
View
 FII’s was net buyers in yesterday’s trade; they were
net buyers of worth `15/- cr. On Derivatives front
they were net sellers in index future and its much of
unwinding of long positions and not building shorts,
while in index options they were net buyers.
 On Options front Nifty 5500 call options have seen
some unwinding, while in put options 5000 strike
price have seen some buildup in open interest.
 We have seen not much of short positions buildup in
ICICIBANK and some fresh long accumulation can
be seen from current price, hence we recommend
going long on this counter with the target price of
`948 and stop loss at `855.
Historical Volatility
SCRIP HV
ONMOBILE 77.46
DHANBANK 63.28
PTC 38.32
BAJAJHIND 57.28
INDHOTEL 24.95