Derivatives Daily

Monday, August 03, 2020

Nifty Snapshot Market Summary:

Close Prv Cl. Ab chg % chg  Indian markets closed on a negative note where selling was mainly seen in Finance, Banking,
Spot 11,073.4 11,102.1 -28.70 -0.26 Automobile sectors. Nifty Aug Future closed at 11095.80 (down 12.20 points) at a premium of
5 5 22.40 pts to spot.
Futures 11,095.8 11,108.0 -12.20 -0.11
OI (ml shr)
5
11.05
5
14.39 -3.34 -23.19
 FIIs were net sellers in Cash to the tune of 958.64 Cr and were net buyers in index futures to the
tune of 30.34 Cr.
Vol (lots) 188634 308732 -120098 -38.9
 India VIX decreased by 2.16% to close at 24.19 touching an intraday high of 25.37.
COC 22.40 5.90 16.50 279.7
PCR–OI 1.31 1.21 0.10 8.5 Open Interest in Nifty Options:

Nifty Futures Price v/s OI

Open Interest in Nifty Options (in million units, All Expiries) Call Put
OI Nifty Futures 8.00

11,400 15
6.85
7.00
6.23
Open interest in millions

14
11,300 6.00
13 5.44
11,200 12
5.00
11,100 11
4.00 3.72 3.67
14.39
14.28

10
13.59

13.42

13.35
13.29

13.21

13.11
12.97

11,000 2.86 2.78

12.49

9
3.00
11.05

8 2.35 2.31 2.38

10,900 2.14 2.02 2.02 2.09
7 2.00
10,800 1.47
6 0.95
0.85
10,700 5 1.00 0.38 0.54 0.36
0.27 0.25
17-Jul

20-Jul

21-Jul

22-Jul

23-Jul

24-Jul

27-Jul

28-Jul

29-Jul

30-Jul

31-Jul

0.00
10500.00 10600.00 10700.00 10800.00 10900.00 11000.00 11100.00 11200.00 11300.00 11400.00 11500.00

1.60 Change in Open Interest in Nifty Options (in million units, All Expiries)
Nifty Futures Price v/s Change in OI 1.35
Call
1.30
Put
1.40
11,400 1.5 1.27
1.0 1.20 1.05 1.05
11,300
0.27

0.48

0.32

0.38

0.24

0.93

0.11

0.5 1.00
Open interest in millions

11,200 0.0
0.80
0.80 0.78
-0.08

-0.17

-0.31

-3.34

-0.5 0.64 0.65 0.62

0.59
11,100 -1.0 0.60 0.52
-1.5
11,000 0.40
-2.0 0.34
10,900 -2.5 0.20 0.07 0.07 0.07
0.00 0.01 0.01 0.01
-3.0 0.00
10,800
-3.5
-0.20 -0.08
10,700 -4.0
-0.20
17-Jul

20-Jul

21-Jul

22-Jul

23-Jul

24-Jul

27-Jul

28-Jul

29-Jul

30-Jul

31-Jul

-0.40
10500.00 10600.00 10700.00 10800.00 10900.00 11000.00 11100.00 11200.00 11300.00 11400.00 11500.00
OI ch g Nifty Futures

Institutional Activity in previous trading session  The above second chart shows previous trading day’s change in Nifty options where additions in OI
(in Rs cr.) Buy Sell Net were seen in 11100, 11000, 10900, 10800 strike Puts and at 11000, 11100, 11200, 11500 strike
Calls indicating market likely to remain range bound in near term.
Index Futures 4273.18 4242.84 30.34
Index Options 155206.51 154960.2 246.24  Highest OI build-up is seen at 11500 strike Call and 10500 strike Put, to the tune of 5.44mn and
7 6.85mn respectively.
Stock Futures 16790.73 17419.83 -629.10
Stock Options 5953.75 5698.06 255.69
Outlook on Nifty:
FII Cash 4,283.29 5,241.93 -958.64
DII Cash 4,447.93 4,005.20 442.73
 Index is likely to open on a negative note today and is likely to remain range bound during the
day.
Net FII Activity (in Rs cr.)
Date Idx Fut Stk Fut Idx Opt Cash
31-Jul 30.3 -629.1 246.2 -958.6
30-Jul 538.9 395.4 1426.0 207.3
29-Jul -819.0 -292.4 563.9 -352.6 Technical Pivot (Intraday):
S2 S1 PIVOT R1 R2
28-Jul 993.1 362.8 -568.8 246.0
NIFTY 10965 11030 11090 11155 11215
27-Jul 499.9 -147.8 206.8 -453.3
BANKNIFTY 21215 21450 21640 21880 22065
24-Jul -1196.5 -1209.9 -690.9 409.9
Derivatives Daily
Monday, August 03, 2020

Stock Ideas
Volume Buzzers (Contract wise)
 RELIANCE & SBIN calls of strike 2200 & 200 respectively were amongst the most active Calls
One whereas RELIANCE & SBIN puts of strike 2000 & 190 respectively were amongst most active
Current Volume Price Month
Symbol Volume Change Chg Avg Puts.

IDEA 1516 580% 4.9% 1002  CADILAHC & SRF are likely to show good strength whereas CHOLAFIN & NIITTECH are likely to
show weakness in today’s trading session.
TORNTPHARM 14189 302% 9.4% 1524

SBIN 79875 238% 2.9% 28909

(Price is in Rs; OI is in million units; Price chg and OI chg are in percentage) NB RESEARCH
CADILAHC 10148 176% 6.4% 2842
Fresh Longs seen in: Fresh Shorts seen in:
BANKNIFTY 310185 152% 0.3% 296265
Price OI Price OI
Scrip Price OI Scrip Price OI
CIPLA 16634 141% 5.0% 6417 chg Chg chg Chg

SUNPHARMA 47130 129% 4.1% 9112 IDEA 8.5 4.9 210 70.0 CHOLAFIN 199.7 -5.4 7.6 61.4
GODREJPROP 932.5 6.8 0.5 49.3 IBULHSGFIN 190.6 -4.8 12.3 14.6
AUROPHARMA 11935 106% 6.6% 4776
CADILAHC 390.8 6.4 9.9 18.4 SAIL 34.2 -0.7 39.6 14.1
BANDHANBNK 8117 80% 3.1% 7907
Short Covering seen in: Long Unwinding seen in:
PEL 10383 74% 8.0% 5487 OI OI
Price Price
Scrip Price OI Scrip Price OI
chg Chg chg Chg

UJJIVAN 235.3 2.5 2.7 -12.7 NIITTECH 1931.8 -0.5 0.5 -6.7
FROM THE EQUITY DERIVATIVE DESK: SRF 3799.0 1.1 0.6 -7.3 EICHERMOT 20722 -1.8 0.3 -4.5
TATAPOWER 48.8 1.1 52.1 -6.7 MARUTI 6209.3 -0.3 2.5 -4.1
NIRAV HARISH CHHEDA
SENIOR DERIVATIVES AND TECHNICAL ANALYST
E-Mail: [email protected]
Technical Pivot (Intraday):
Tel no: 6273-8199/8000
Script Name S2 S1 PIVOT R1 R2
AMIT BHUPTANI IDEA 8 8.3 8.4 8.7 9
DERIVATIVES AND TECHNICAL ANALYST
E-Mail: [email protected] CHOLAFIN 187 194 203 209 219
Tel no: 6273-8242/8000
UJJIVAN 221 228 233 241 246
NIITTECH 1851 1892 1930 1971 2009

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Derivatives Daily
Monday, August 03, 2020

NIFTY50 Options OI (CE OI = Resistance) (PE OI = Support) NIFTY50 Options OI (CE OI = Resistance) ( PE OI = Support)

Highest CE Highest PE Highest CE Highest PE

Symbol OI OI CMP Symbol OI OI CMP
ADANIPORTS 320 310 320 IOC 100 90 90
ASIANPAINT 1800 1600 1720 INDUSINDBK 600 550 530
AXISBANK 440 420 430 INFY 1000 900 970
BAJAJ-AUTO 3200 3000 3020 JSWSTEEL 220 200 220
BAJFINANCE 3500 3000 3250 KOTAKBANK 1500 1300 1360
BAJAJFINSV 7000 5500 6240 LT 1000 800 910
BPCL 500 400 420 M&M 600 600 610
BHARTIARTL 600 550 550 MARUTI 6500 6000 6210
INFRATEL 200 180 190 NTPC 90 80 90
BRITANNIA 4000 3500 3840 NESTLEIND 18000 16000 16610
CIPLA 750 600 720 ONGC 80 80 80
COALINDIA 140 120 130 POWERGRID 200 160 180
DRREDDY 4500 4000 4540 RELIANCE 2200 1800 2080
EICHERMOT 23000 20000 20720 SHREECEM 23000 21000 21790
GAIL 100 90 100 SBIN 200 180 190
GRASIM 650 600 630 SUNPHARMA 600 500 530
HCLTECH 720 600 710 TCS 2400 1880 2290
HDFCBANK 1100 1000 1040 TATAMOTORS 110 90 100
HEROMOTOCO 2800 2500 2690 TATASTEEL 400 300 360
HINDALCO 170 160 160 TECHM 700 600 690
HINDUNILVR 2300 2200 2220 TITAN 1100 900 1040
HDFC 1900 1700 1790 UPL 500 450 480
HDFCLIFE 700 600 630 ULTRACEMCO 4300 3500 4140
ICICIBANK 400 330 350 WIPRO 300 250 280
ITC 200 190 190 ZEEL 160 140 140
Derivatives Daily
Monday, August 03, 2020

OI against MWPL OI against MWPL

Limit for Limit for

Symbol MWPL Open Interest next day % OI Symbol MWPL Open Interest next day % OI

VEDL 183919959 140826800 33897161 77%

MANAPPURAM 54883698 37332000 14807513 68%

TATAMOTORS 177942275 117163500 51881661 66%

IBULHSGFIN 31737454 20478600 9671981 65%

GLENMARK 15061338 9676100 4632171 64%

ADANIENT 27584660 17692000 8513427 64%

IDFCFIRSTB 288041020 178790000 94848969 62%

MCDOWELL-N 31422811 19425000 10426670 62%

INDUSINDBK 53967833 32230400 19039041 60%

JINDALSTEL 39906557 23205000 14706229 58%

CENTURYTEX 5561771 3200400 2083282 58%

GMRINFRA 209359891 119520000 79371896 57%

PNB 135650363 77308000 51559844 57%

NATIONALUM 90482448 51527000 34431325 57%

ZEEL 91466336 51807000 35086019 57%

CANBK 31179182 17405000 12215222 56%

ASHOKLEY 141090901 78453000 55583355 56%

NMDC 92939606 51549800 36742825 55%

SUNTV 9852116 5451000 3908510 55%

ESCORTS 7016894 3804900 2861149 54%

M&MFIN 49058967 26212284 20393734 53%

SAIL 103264685 54131000 43970450 52%

BANKBARODA 119000876 61803400 51247432 52%

BHEL 128241295 64743000 57086230 50%

L&TFH 72731340 36441200 32653573 50%

PVR 4255896 2119656 1923445 50%

Derivatives Daily
Monday, August 03, 2020

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