Derivative Report - July, 19 2011Angel Broking,

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 The Nifty futures’ open interest decreased by 1.27% while
Minifty futures’ open interest increased by 2.60% as
market closed at 5567.05 levels.
 The Nifty July future closed at a premium of 5.70 points,
against a premium of 5.85 points in the last trading
session, while the Aug futures closed at a premium of
25.15 points.
 The Implied Volatility of at the money options increased
from 17.30% to 17.90%.
 The PCR-OI increased from 1.18 to 1.20 points.
 The total OI of the market is `137,531cr and the stock
futures OI is `34,760cr.
 Few liquid stocks where CoC is positive are MOSERBAER,
RUCHISOYA, ALOKTEXT, NHPC and TRIVENI.
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 A blend of short covering and some long unwinding
was observed in the Index futures from FIIs and they
formed some short positions in the stock futures. They
were net sellers of just `93cr in the cash market
segment.
 Yesterday, a considerable build up was observed in
the 5400 and 5500 Put options, while there was not
much change observed in Call options.
 PUNJLLOYD added around 8% open interest in the
last trading session. CoC has also increased
considerably. We may see a positive move up to `79.
Traders can trade with positive bias with a stop loss
of `74.50.
 MPHASIS has immediate support around `430. Some
buying was observed in the counter from there. We
may see a positive move up to `450. Traders can
form long positions with a stop loss of `424.