EQUITY RESEARCH LAB
DERIVATIVE REPORT
DATE:28th-April- 2016
presented by
Presented by: Meenakshi Pal
NIFTY FUTURE
NIFTY DAILY CHART
Sensex closed 56.82 points up at 26,064.12, while Nifty settled
17.25 points up at 7,979.90. Nifty swung between gains and
losses on Wednesday as investors stayed cautious ahead of US
FOMC meet outcome due today and F&O expiry on Thursday.
Asian equity markets ended mostly lower on Wednesday as the
yen strengthened and weak earnings results from iPhone
maker Apple put pressure on technology stocks. A sharp
overnight rally in oil prices and positive industrial profits data
out of China failed to lift investor sentiment ahead of key
central bank decisions from the US Federal Reserve and the
Bank of Japan. The Federal Reserves two-day policy meeting
ends later today, with investors mainly looking for guidance on
the outlook for interest rates
Technical views:
Nifty future closed at 7979.90 on Wednesday. Nifty trade above
Its Psychological level of 7900 ,nifty may continue bullish trend
further, Above that level new level of nifty may 8050-8150.
Pivot point :
Nifty Future
Pivot:7979
R1: 8009
R2: 8027
R3:8057
S1: 7960
S2: 7930
S3:7912
BANK NIFTY FUTURE
BANK NIFTY DAILY CHART
Bank nifty open gap down in the morning and shown reversal
trend from its low & touched the level of 17000 but not
sustain on that level. If Bank nifty manage the level of above
17000 ,bullish trend could be continue for next month.
ICICI BANK (-3.72%) and AXIS BANK (-3.06%) is the top
losers in bank nifty future.
Technical views:
Bank nifty Open down at 16910 , to its previous closing
17028.00 on Wednesday and touched the new high of 17000.
Next level for bank nifty technically could be 17400-17800.
if its manage or sustain above the level of 17000 .
Pivot level:
Bank Nifty Future
Pivot: 16917
R1: 16985
R2: 17072
R3:17140
S1: 16830
S2: 16762
S3: 16675
USD/ INR:
The Indian rupee has opened at 66.52 per dollar, up 0.04 percent or 0.02 on Wednesday. outcome of key
central bank meetings, both BoJ and Fed, is expected to keep the balance of risk in favour of EM currencies.
dollar continuing to note headwinds, rupee may benefit in the near term on account of 'risk-on' sentiment.
in the near term. The dollar holds near a 3-week high against the yen on expectations of further Bank of
Japan easing this week.
USDINR STRATEGY
R1 66.60
R2 66.69
Pivot Point 66.50
S1 66.41
S2 66.31
EUROPEAN MARKET:
Name
Change
% Chg
European markets finished broadly lower yesterday with
FTSE 100
35.39
0.56
CAC 40
26.22
0.58
DAX
40.24
shares in London leading the region. The FTSE 100 is
down 0.56% while Germany's DAX is off 0.39% and
France's CAC 40 is lower by 0.56%.
0.39
ASIAN MARKET:
Name
Change
% Chg
Nikkei 225
-62.79
-0.36
Asian markets finished lower today with shares in China
Straits Times
-19.94
-0.69
Hang Seng
-45.67
-0.21
Taiwan Weighted
-18.52
-0.22
leading the region. The Shanghai Composite is down 0.37%
while Japan's Nikkei 225 is off 0.36% and Hong Kong's
Hang Seng is lower by 0.21%.
Advance / Decline Ratio
Futures
Calls
Puts
Advanced
Declined
Unchanged
Total
744
786
96
1626
INDIAN INDICES:
Name
Change
% Chg
Open
High
Low
NIFTY 50
17.25
0.22
7942.00
7991.00
7940.55
NIFTY BANK
-129.60
-0.77
16869.35
16995.00
16827.35
SENSEX
56.82
0.22
25956.42
26092.93
25885.24
NIFTY METAL
-2.10
-0.10
2086.05
2096.90
2073.40
NIFTY PHARMA
-25.05
-0.22
11270.15
11285.80
11212.15
NIFTY REALTY
-0.35
-0.21
170.85
171.75
169.75
Change
% Chg
Open
High
Low
S&P BSE Smallcap
31.30
0.28
11123.00
11180.52
11121.40
S&P BSE Midcap
14.35
0.13
11109.70
11166.10
11088.79
Name
FII/DII ACTIVITY:
BUY
No. of
contracts
SELL
Amt in
Crores
No. of
contracts
OPEN INTEREST AT THE
END OF THE DAY
Amt in
Crores
No. of
contracts
Amt in
Crores
.
INDEX FUTURES
90488
5306.12
76637
4462.22
386061
22776.40
INDEX OPTIONS
599163
34574.41
593143
34214.96
1257179
74346.73
STOCK FUTURES
392784
19451.27
390407
19282.34
1056847
52039.10
STOCK OPTIONS
71846
3711.41
76301
3910.10
106914
5325.01
TOP GAINERS:
Company
Prev Close (Rs)
Current Price (Rs)
% Change
ADANIPORT
229.10
241.25
+5.30
BHARTI AIRTEL
360.40
373.05
+3.51
ONGC
214.30
221.80
+3.50
BHARTI INFRATEL
363.05
375.70
+3.48
GAIL
363
373.20
+2.81
TOP LOSERS:
Company
Prev Close (Rs)
Current Price (Rs)
% Change
ICICI BANK
AXIS BANK
SBI
ULTRATECH CEMENT
TATA POWER
254.05
244.60
-3.72
480.20
465.50
-3.06
200.95
196.15
-2.39
3266.05
3191.80
-2.27
72
70.75
-1.74
ERL Research Team
DESIGNATION
E-MAIL ID
Tuhinanshu Jain
Research Head
[email protected]
Yogesh Subnani
Sr. Research Analyst
[email protected]
Meenakshi Pal
Sr. Research Analyst
[email protected]
OUR TEAM
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