Premarket Technical&Derivative Ashika 30.11.16

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Institutional Research

Technical Report
Closing Brief
The index continued its positive momentum following a flat close and ended
marginally higher for the day up by 0.19% at 8142.15.

Technical Build up
Inverted hammer candle with increase in volume
Buy crossover in oscillators.
Lower band of Bollinger exist at 7806
Crucial moving average of 20/50 SMA are at 8252 and 8519
200 SMA trend deciding level exist at 8151

30 November 2016

Technical & Derivative Report


World
Indices
Dow Jones

Ashika Stock Broking Limited

Indian Equity market ended marginally higher in a volatile session on Tuesday,


in continuation to its recent recovery. selling pressure was seen in FMCG,
technology and select banks while auto, oil and telecom stocks gained.
Investors maintained cautious stance ahead of macro-economic data - GDP,
fiscal deficit and core sector. On the technical front, Nifty started the week on a
positive note following RSI rebounding from the oversold zone compliments
the pullback. Therefore the bias is likely to remain positive for the next couple
of trading session with immediate support for the index placed at 8050-8080
and resistance at 8150-8160 and above that 8200-8220. The confluence of 200
day EMA at 8300 and the 38.2% retracement of the entire correction since Sept
till date makes its immediate target for the current pullback. Therefore the bias
is likely to remain positive for the next couple of trading session with
immediate support for the index placed at 8050-8080 and resistance at 81508160 and above that 8200-8220. On the option front data shows maximum OI
continues to be seen in the 8000-8600 calls and 7500-8000 puts indicating this
is the trading range expectation.

Daily
Ch(%)

19121

23

0.12

Nasdaq

5379

11

0.21

S&P 500

2204

0.13

FTSE 100

6772

-27

-0.40

DAX

10620

37

0.36

Hang Seng

22830

93

0.41

Nikkei

18325

18

0.10

Sensex

26394

43

0.17

8142

15

Nifty
Commodity
/Forex
Gold ($/Oz)

Outlook for the day

Daily
Ch(Pts)

LTP

0.19

Daily
Ch(Pts)

LTP

Daily
Ch(%)

1196.80

6.00

0.50

16.81

0.07

0.42

Copper(USd/lb.)

262.05

1.05

0.40

Brent
Crude(USD/bbl)
USD/INR

46.55

0.17

0.37

68.65

-0.12

-0.17

112.29

-0.09

-0.08

1.0650

Silver ($/Oz)

USD/YEN
USD/EUR

Support/Resistance levels for Indian Equity Indices


S1

S2

CMP

R1

R2

Sensex

26280

26180

26394

26555

26690

Nifty

8110

8080

8142

8190

8230

Nifty (Fut)

8140

8110

8172

8220

8260

Pivot Level
Sensex

26445

Nifty

8156

US: US market closed higher on Tuesday, led


by health care and real estate, as investors
digested falling oil prices ahead of a key
OPEC meeting, as well as economic data.
Technically DJIA is presently trading at the
5th leg through Elliot wave count with
negative divergence in oscillators.

Increase in OI with Increase in Price (Long


Buildup)
OI Chg
Pr.Ch
g (%)
Symbol Prev OI Curr OI (%)
Curr Pr.
HAVELL
S
1586
1803
13.7
347 3.4
HEROM
OTOCO
6124
6795
11
3175 2.1
ONGC
5828
6426
10.3
285.4 0.4
EICHER
MOT
6139
6739
9.8 21349.95
5
ULTRAC
EMCO
8001
8680
8.5
3523.15 0.8

Increase in OI with Decrease in Price (Short


Buildup)
OI Chg
Pr.Chg
Symbol Prev OI Curr OI (%)
Curr Pr. (%)
IGL
1016
1160
14.2
829 [1.4]
GODREJ
CP
1116
1200
7.5 1423.45 [1.3]
GLENM
ARK
3046
3255
6.9 894.4 [1.5]
SRTRAN
SFIN
5520
5809
5.2 913.5 [2.1]
LT
12771 13152
3 1361.3 [0.1]

1008, Raheja Centre, 214, Nariman Point, Mumbai-400 021, Ph- 022 6611 1700, Extn. - 704 www.ashikagroup.com

Institutional Research

Derivative Report

Technical & Derivative Report

Nifty gained by 0.19% with Nifty future added 3.1 lakh shares in open interest and stock future added 180.2 Lakh shares in open
interest.
-Nifty PCR increased to 1.02 from 1.00
-Total Nifty Calls added 16.4 lakh shares in open interest.
-Total Nifty Puts added 30.1 lakh shares in open interest.
-Maximum open interest (Nifty) in Calls for Oct series is at 8300 and 8000 put.
-FIIs sold net Rs.715.3 Cr(provisional), while DIIs bought net Rs.534.2 Cr in cash market.
-FII bought net Rs.2887.60 Cr in F&O
-Securities in Ban Period: NIL

Nifty Tracker
PARTICULARS
Spot
% Change in Spot
Nifty(FUT) Dec
Nifty(FUT) Dec Vol.
Nifty(FUT) Dec - OI
Nifty(FUT) Jan
Nifty(FUT) Jan Vol.
Nifty(FUT) Jan - OI

29/11/2016
8142.15
0.19%
8172.05
134021
15091950
8202.2
5592
1044525

28/11/2016
8126.9
0.16%
8150.6
120167
14752575
8176.9
3813
1081800

26/11/2016
8114.3
1.87%
8126.35
162248
14147625
8154.35
3912
1007475

25/11/2016
7965.5
-0.84%
8013.1
184219
15015450
0
0
0

Ashika Stock Broking Limited

Trade Statistics for 29/11/2016


PARTICULARS
NSE Index Futures
NSE Stock Futures
NSE Index Options
NSE Stock Options
NSE F&O Total Turnover
NSE Cash Turnover
BSE Cash Turnover
Total Turnover

NO. OF CONTRACTS

TURNOVER (RS. CR.)

PUT CALL RATIO

2,12,764
4,50,142
29,04,584
2,16,720
37,84,210
-

13943
29962
1,97,152.61
14917
255,975
18,679.46
2,875.88
277530

0.47
0.86
-

FII Corner (F&O)


FII NET BUYING/SELLING & CHANGE IN OPEN INTEREST (Cr. Rupee)
29/11/2016
28/11/2016
Net Buying
Change In Open
Net Buying
Change In Open
/Selling
interest
/Selling
interest

PARTICULARS
Index Future
Index option
Stock Future
Stock option
Total

615
1426
833
13
2887

743
2480
773
538
4535

-123
1622
753
22
2274

26/11/2016
Net Buying
Change In Open
/Selling
interest

780
4166
815
625
6387

638
2422
1034
133
4227

413
6644
1351
1494
9903

Market Open Interest


Contracts

Index Futures
Index Options
Stock Futures
Stock Options
F&O Total

29/11/2016

556
836
7165
1177
9734

ADDITION/REDUCTION IN MARKET OPEN INTEREST


28/11/2016
26/11/2016

570
1338
8651
1661
12220

-10357
-13410
-81078
-14672
-119517.42

25/11/2016

24/11/2016

2600
3105
12591
696
18992.42

-98
1054
4811
-583
5184.04

1008, Raheja Centre, 214, Nariman Point, Mumbai-400 021, Ph- 022 6611 1700, Extn. - 704 www.ashikagroup.com

Institutional Research
Technical & Derivative Report

Nifty Option Open Interest Statistics

Ashika Stock Broking Limited

Expiry
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
25-Jan-17
29-Dec-16
25-Jan-17
29-Dec-16

Strike
8200
8200
7000
8300
8100
8600
8500
8700
8400
8300

NIFTY OPTIONS HIGHEST ADDITION IN OPEN INTEREST


Option Type
Settlement Price
Volume
PE
151.2
68546
CE
120.4
119570
PE
4.75
20267
CE
73.45
141159
PE
113.45
118232
CE
10.1
47036
PE
350.95
4684
CE
4.9
32466
PE
287.2
3749
PE
201.75
17082

Open Interest
2607750
3282900
2005150
4266000
2710350
2139450
359025
2169725
288525
1966875

Change In OI
828750
550425
533500
497775
467400
262425
239400
204375
190125
182250

Expiry
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
25-Jan-17
25-Jan-17

Strike
8100
8500
7500
8000
8400
7800
7100
7600
8600
8900

NIFTY OPTIONS HIGHEST REDUCTION IN OPEN INTEREST


Option Type
Settlement Price
Volume
CE
180.8
49941
PE
345.05
11147
PE
18.6
41099
CE
250.6
13484
PE
267.95
8114
CE
415.4
2696
PE
5.4
7139
PE
25.1
42117
CE
43.35
3297
CE
11.3
1309

Open Interest
1766550
2091750
2504000
2964225
1219125
670550
861700
1930800
270900
188625

Change In OI
-509025
-263850
-193325
-139350
-71250
-67950
-44175
-37050
-35625
-19200

Stock Option Open Interest Statistics


Symbol
IFCI
JPASSOCIAT
NHPC
DLF
SAIL
JPASSOCIAT
RPOWER
ADANIPOWER
IDEA
RPOWER

Symbol
ADANIPOWER
ADANIPOWER
RECLTD
ASHOKLEY
SBIN
SBIN
RCOM
BANKINDIA
PNB
IFCI

Expiry
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
25-Jan-17
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16

Expiry
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16
29-Dec-16

STOCK OPTIONS WITH HIGHEST ADDITION IN OPEN INTEREST


Strike
Option Type
Settl. Price
Volume
27.5
CE
0.2
89
7.5
PE
0.4
30
30
CE
0.45
197
120
CE
4.15
941
55
CE
1.05
348
5
PE
0.05
20
42.5
CE
1.55
189
30
CE
0.8
1173
85
CE
1.2
659
52.5
CE
0.1
65

STOCK OPTIONS WITH HIGHEST REDUCTION IN OPEN INTEREST


Strike
Option Type
Settl. Price
Volume
27.5
PE
1.05
199
27.5
CE
1.9
612
140
CE
4.2
413
80
CE
3.75
605
260
PE
14.1
467
300
CE
0.95
1288
40
CE
0.8
252
120
PE
7.55
84
135
PE
6.4
419
22.5
CE
1.35
44

Open Interest
2838000
3128000
5913000
3045000
3624000
1904000
1656000
4000000
1395000
852000

Open Int.
1260000
3120000
1854000
1260000
900000
4158000
3350000
426000
1064000
1716000

Change in OI
1188000
1020000
864000
860000
828000
816000
804000
780000
780000
744000

Change in OI
-960000
-620000
-540000
-462000
-411000
-348000
-300000
-270000
-266000
-220000

1008, Raheja Centre, 214, Nariman Point, Mumbai-400 021, Ph- 022 6611 1700, Extn. - 704 www.ashikagroup.com

Institutional Research
Technical & Derivative Report

Ashika Stock Broking Limited

signed by
BOTHRA Digitally
BOTHRA PARAS
2016.11.30
PARAS Date:
08:13:06 +05'30'
Name

Designation

Email ID

Contact No.

Paras Bothra

President Equity Research

paras@ashikagroup.com

+91 22 6611 1704

Krishna Kumar Agarwal

Equity Research Analyst

krishna.a@ashikagroup.com

+91 33 4036 0646

Partha Mazumder

Equity Research Analyst

partha.m@ashikagroup.com

+91 33 4036 0647

Arijit Malakar

Equity Research Analyst

amalakar@ashikagroup.com

+91 33 4036 0644

Chanchal Bachhawat

Equity Research Analyst

chanchal.bachhawat @ashikagroup.com

+91 22 6611 1712

Tirthankar Das

Technical & Derivative Analyst

tirthankar.d@ashikagroup.com

+91 33 4036 0645

SEBI Registration No. INH000000206


Disclosure
The Research Analysts and /or Ashika Stock Broking Limited do hereby certify that all the views expressed in this research report accurately reflect
their views about the subject issuer(s) or securities. Moreover, they also certify the followings: The Research Analyst or Ashika Stock Broking Limited or his/its Associates or his/its relative, has any financial interest in the subject company
(ies) covered in this report. Yes
The Research Analyst or Ashika Stock Broking Limited or his/its Associates or his/its relative, have actual/beneficial ownership of 1% or more in
the subject company, at the end of the month immediately preceding the date of the publication of the research report. No
The Research Analyst or Ashika Stock Broking Limited or his/its Associates or his/its relatives has any material conflict of interest at the time of
publication of the research report. No

The Research Analyst or Ashika Stock Broking Limited or his/its Associates have received any compensation or compensation for investment

banking or merchant banking or brokerage services or for product other than for investment banking or merchant banking or brokerage services
from the companies covered in this report in the past 12 months. No
The Research Analyst or Ashika Stock Broking Limited or his/its Associates have managed or co managed in the previous 12 months any private
or public offering of securities for the company (ies) covered in this report. No
The Research Analyst or Ashika Stock Broking Limited or his/its Associates have received any compensation or other benefits from the company
(ies) covered in this report or any third party in connection with the Research Report. No
The Research Analyst has served as an officer, director or employee of the company (ies) covered in the research report. No
The Research Analyst or Ashika Stock Broking Limited has been engaged in Market making activity of the company (ies) covered in the research
report. No

Disclaimer
This report is for the personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you.
Ashika Stock Broking Ltd. is not soliciting any action based upon it. This report is not for public distribution and has been furnished to you solely for
your information and should not be reproduced or redistributed to any other person in any form. The report is based upon information that we
consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon such. Ashika Stock Broking Ltd. or any of its
1008,
Raheja Centre,
214,
Mumbai-400
021,orPh022 that
6611
704 www.ashikagroup.com
affiliates
or employees
shall not
be Nariman
in anywayPoint,
responsible
for any loss
damage
may1700,
arise Extn.
to any- person
from any inadvertent error in the

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