Derivatives Daily

Wednesday, April 09, 2025

Nifty Snapshot Summary

Close Prv Cl. Ab chg % chg
 Indian markets closed on positive note where buying was mainly seen in FMCG, Metals,
Spot 22,535.85 22,161.60 374.25 1.69 Oil & Gas Sectors. Nifty Apr Futures closed at 22630.35 (up 366.55 points) at a premium
Futures 22,630.35 22,263.80 366.55 1.65 of 94.50 pts to spot.
OI(ml shr) 15.97 16.39 -0.42 -2.54  FIIs were net sellers in Cash to the tune of 4994.24 Cr and were net sellers in index
Vol (lots) 175605 297183 -121578 -40.91 futures to the tune of 331.16 Cr.
COC 94.50 102.20 -7.70 -7.5  India VIX decreased by 10.31% to close at 20.44 touching an intraday high of 22.79.
PCR–OI 0.84 0.72 0.12 17.0 Open Interest in Nifty Options:

Nifty Futures Price v/s OI Open Interest in Nifty Options (in million units, All Expiries) Call Put
20.00
OI Nifty Futures 18.00 17.46
16.03
16.00
24,000 21
14.00 13.43
Open interest in millions

19 12.00
23,500 9.51
17 10.00 8.95
8.00 6.82 6.61
23,000 15 5.62
6.00 4.60 4.68 5.064.52 5.13 5.13
3.80 3.65
19.81

13 3.35
19.01

4.00
18.52

2.22 2.58
22,500 1.48 1.69 1.56
16.39

15.97

2.00
15.69

11
14.96
14.63

14.52
14.43
14.07

0.00
9 22000.00 22100.00 22200.00 22300.00 22400.00 22500.00 22600.00 22700.00 22800.00 22900.00 23000.00
22,000
7
8.00 Change in Open Interest in Nifty Options (in million units,
21,500 5 7.10All Expiries) Call Put
24-Mar

25-Mar

26-Mar

27-Mar

28-Mar

1-Apr

2-Apr

3-Apr

4-Apr

7-Apr

8-Apr

6.00

4.00 3.62
2.90
2.72 1.98
2.00 2.04
1.06 0.71 0.61 0.59
0.01 1.50
0.00
Institutional Activity in previous trading session -0.13
-0.90 -0.70 -0.79 -0.84
(in Rs cr.) Buy Sell Net -2.00 -1.48 -1.42
-1.63 -1.61

Index Futures 4744.63 5075.79 -331.16 -4.00

-3.86
Index Options 1751534.02 1685406.44 66127.58 -6.00
22000.00 22100.00 22200.00 22300.00 22400.00 22500.00 22600.00 22700.00 22800.00 22900.00 23000.00
Stock Futures 21737.82 22105.05 -367.23
Stock Options 70350.59 71101.24 -750.65
FII Cash 13,687.62 18,681.86 -4,994.24
DII Cash 14,363.74 11,266.50 3,097.24  The above second chart shows previous trading day’s change in Nifty options where
Net FII Activity (in Rs cr.) Addition in OI were seen in 23000, 22900, 22800, 22600 strike Calls and at 22300, 22400,
Date Idx Fut Stk Fut Idx Opt Cash 22500, 22600 strike Puts indicating market is likely to remain range bound in the near
8-Apr -331.2 -367.2 66127.6 -4994 term.
7-Apr -3334.9 1860.9 14633.2 -9040
 Highest OI build-up is seen at 23000 strike Calls and 22000 strike Puts, to the tune of
4-Apr -2276.2 -3763.8 31103.0 -3484
17.46mn and 16.03mn respectively.
3-Apr -1910.4 -2529.8 -18057.5 -2806
2-Apr 662.8 3800.3 -29722.4 -1539 Outlook on Nifty:
1-Apr -2926.6 1128.6 10005.9 -5902 Index is likely to open on a gap down note today and is likely to remain range
Technical Pivot (Intraday): bound during the day.
S2 S1 PIVOT R1 R2
NIFTY 22170 22400 22570 22805 22975
BANKNIFTY 49965 50365 50665 51070 51370

(Price is in Rs; OI is in million units; Price chg and OI chg are in percentage) NB RESEARCH
Fresh Longs seen in: Fresh Shorts seen in:
Price Price OI
Scrip Price OI OI Chg Scrip Price OI
chg chg Chg
MFSL 1137.1 0.5 6.4 12.8 SIEMENS 2773.0 -1.8 2.5 18.2
MUTHOOTFIN 2303.4 1.7 3.9 9.7 IGL 179.7 -4.1 36.5 12.7
GODREJPROP 1982.1 2.5 6.0 8.4 MAXHEALTH 1077.6 -0.2 10.1 5.1
Short Covering seen in: Long Unwinding seen in:
Price Price OI
Scrip Price OI OI Chg Scrip Price OI
chg chg Chg
HUDCO 206.6 5.6 16.6 -10.6 ASTRAL 1271.7 -1.3 5.3 -0.9
KPITTECH 1112.2 4.0 2.8 -6.5 POWERGRID 289.5 -0.3 76.1 -0.4
BAJAJFINSV 1904.6 2.7 12.8 -5.9 RBLBANK 170.4 -0.1 61.6 -0.3

NIRAV HARISH CHHEDA AMIT BHUPTANI

AVP - DERIVATIVES AND TECHNICAL RESEARCH SR.DERIVATIVES AND TECHNICAL RESEARCH ANALYST
 Derivatives Daily
Wednesday, April 09, 2025

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 CMP Symbol CMP
OI OI OI OI
ADANIENT 2600 2600 2288 JIOFIN 250 230 225

ADANIPORTS 1200 1200 1136 JSWSTEEL 1100 900 959

ASIANPAINT 2400 2400 2402 KOTAKBANK 2200 2000 2062

AXISBANK 1100 1100 1080 LT 3500 3500 3165

BAJAJ-AUTO 8500 6800 7531 LTIM 4500 4000 4193

BAJAJFINSV 2000 1800 1905 M&M 2800 2500 2531

BAJFINANCE 9000 8000 8836 MARUTI 12000 11000 11443

BRITANNIA 5200 5000 5186 NESTLEIND 2300 2200 2279

CIPLA 1500 1300 1434 NTPC 360 350 354

COALINDIA 400 450 383 ONGC 260 220 227

DIVISLAB 6000 5500 5410 POWERGRID 300 290 290

DRREDDY 1200 1000 1106 RELIANCE 1300 1200 1186

EICHERMOT 5400 5000 5237 SBILIFE 1600 1460 1494

GRASIM 2920 2500 2600 SBIN 800 800 772

HCLTECH 1600 1360 1407 SUNPHARMA 1800 1600 1693

HDFCBANK 1860 1800 1776 TATACONSUM 1100 1000 1072

HDFCLIFE 700 700 688 TATAMOTORS 700 500 591

HEROMOTOCO 4000 3800 3579 TATASTEEL 160 130 131

HINDALCO 700 560 569 TCS 3700 3000 3301

HINDUNILVR 2300 2200 2298 TECHM 1500 1200 1320

ICICIBANK 1400 1300 1305 TITAN 3200 3100 3135

INDUSINDBK 700 500 684 ULTRACEMCO 12500 11000 11315

ITC 410 400 414 UPL 700 600 617

INFY 1600 1480 1435 WIPRO 270 240 246

IOC 130 130 131 ZOMATO 230 200 214

NIRAV HARISH CHHEDA AMIT BHUPTANI

AVP - DERIVATIVES AND TECHNICAL RESEARCH SR.DERIVATIVES AND TECHNICAL RESEARCH ANALYST
 Derivatives Daily
Wednesday, April 09, 2025

OI against MWPL OI against MWPL

Limit for Open Limit for
Symbol MWPL Open Interest % OI Symbol MWPL % OI
next day Interest next day
MANAPPURAM 109606743 123633000 Ban 113%

HINDCOPPER 65482129 67919500 Ban 104%

BSOFT 32732991 29160000 Ban 89%

NATIONALUM 178967755 157642500 12376867 88%

AARTIIND 41800237 31719000 7991225 76%

SAIL 289139949 217476000 57206951 75%

CDSL 35530000 26307400 7446100 74%

GRANULES 29658038 21524000 6651136 73%

ANGELONE 11629844 7943400 3104951 68%

INDUSINDBK 120801433 81959500 32801861 68%

RBLBANK 121553638 82175000 33300956 68%

BANDHANBNK 193371093 130404400 53298138 67%

IDEA 8405889130 5632000000 2353594673 67%

NMDC 689383367 461686500 193227698 67%

LTF 168347815 111344748 48585676 66%

CANBK 672420574 439364250 199435295 65%

CHAMBLFERT 31728204 20126700 10015093 63%

IDFCFIRSTB 1384634147 855922500 459479939 62%

IREDA 134388235 81437800 46231023 61%

PNB 687763516 416048000 237327340 60%

BSE 21145594 12596750 7491564 60%

COFORGE 13371877 7732200 4971083 58%

ABCAPITAL 162341346 92893500 61330778 57%

BANKBARODA 372635498 210602925 143400798 57%

ABFRL 121576670 68307200 47190636 56%

LICHSGFIN 60244101 33799000 23432895 56%

TATAELXSI 6986884 3889300 2748239 56%

MGL 13335005 7378800 5289454 55%

VOLTAS 46126252 24479100 19340839 53%

HFCL 184840304 95918950 79679338 52%

DLF 128335464 65688975 56229715 51%

TITAGARH 16037381 8150000 7085511 51%

BHEL 256482590 129297000 114361460 50%

NIRAV HARISH CHHEDA AMIT BHUPTANI

AVP - DERIVATIVES AND TECHNICAL RESEARCH SR.DERIVATIVES AND TECHNICAL RESEARCH ANALYST
 Derivatives Daily
Wednesday, April 09, 2025

Derivative Recommendations:
Call
Stock Name Entry price Targets Stop Loss Duration Status
(Buy/Sell)
SBIN 760 PE Buy 10.2 16 7 1-2 Days Open

NIRAV HARISH CHHEDA AMIT BHUPTANI

AVP - DERIVATIVES AND TECHNICAL RESEARCH SR.DERIVATIVES AND TECHNICAL RESEARCH ANALYST
 Derivatives Daily
Wednesday, April 09, 2025

FROM THE EQUITY DERIVATIVE DESK:

NIRAV HARISH CHHEDA AMIT BHUPTANI
AVP - DERIVATIVES AND TECHNICAL RESEARCH SNR.DERIVATIVES AND TECHNICAL RESEARCH ANALYST
E-Mail: [email protected] E-Mail: [email protected]
Tel no: 6273-8199/8000 Tel no: 6273-8242/8000

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NIRAV HARISH CHHEDA AMIT BHUPTANI

AVP - DERIVATIVES AND TECHNICAL RESEARCH SR.DERIVATIVES AND TECHNICAL RESEARCH ANALYST