December 18, 2023

Daily Derivatives Daily Derivatives

( Pick of The Day
Stock Code Strategy Action Cmp Stop Target

NO CALL

Key Market Indicators Bull rally continues as Nifty heads towards 22000.
14-Dec 15-Dec % Chg.

Nifty (Spot) 21182.70 21456.65 1.29

 Nifty on Friday traded with a strong bullish momentum and made
Bank Nifty a new all-time high, falling just short of 21500. Going into the
47732.30 48143.55 0.86
(Spot)
Nifty week, view on the index continues to be positive with 21200-
21327.65 21557.10 1.08
(Future)
Basis 144.95 100.45 - 22000 acting as the range. However, at current levels, the
Nifty OI 15.05 15.55 3.31
possibility of a running correction cannot be overlooked. A buy on
Nifty PCR 1.16 1.47 -
B Nifty OI 2.32 2.53 8.81 dip approach is recommended in Nifty as any correction up to
Bank PCR 1.01 1.12 - 21200 can be viewed as a buying opportunity.
Nifty Vol 9.35 8.98 -3.94
 Nifty Futures witnessed a long buildup to the tune of 3.31%,
India Vix 12.32 13.12 6.49
NIFTY 50 followed by an increase in OI. The PCR jumped from 1.16 to 1.47
38/12 38/12 -
Ad/Dec
F&O 143/41 110/73 - levels. As per the options data, highest OI in terms of call buying
was seen at 22000 strike indicating a strong bullish momentum
Market Wide OI (INR In MN)
while heavy put writing can be seen at 21200 and 21300 strikes
14-Dec 15-Dec % Chg.
IDX – indicating support.
3,21,282 3,35,546 4.44
Nifty
IDX -
1,18,738 1,29,355 8.94
 Bank Nifty continued to make new highs as it broke above 48000
Others
Stock Fut. 29,53,302 29,46,201 -0.24 levels and touched 48200 on Friday. View on the index for the
Nifty Opt. 1,07,67,959 64,22,215 -40.36 upcoming week is positive with a buy on dip approach. 47500-
Other –
51,87,781 61,22,301 18.01
Opt. 49000 should be the fresh range while 48000 should act as an
Stock
26,97,046 12,99,415 -51.82
Opt. immediate support on Monday.
Total 2,20,46,108 1,72,55,033 -21.73
 Bank Nifty Futures witnessed a long buildup to the tune of 8.81%
FII as % of Mkt Wide OI (INR. MN)
followed by an increase in OI. PCR surged from 1.01 to 1.12 levels.
%
Mkt OI FII OI According to the options data, highest OI in terms of call writing
Chg

Index Fut. 464901 121531 26% can be seen at 50000 levels while 47000 strike witnessed put
Index Opt. 12544517 2015565 16%
2946201 988384 34%
writing indicating a support.
Stock Fut.
Stock Opt. 1299415 161709 12%  Stocks in Ban: BALRAMCHIN, DELTACORP, HINDCOPPER
Total 17255033 3287190 19%
INDIACEM, MANAPPURAM, SAIL, ZEEL.
Nifty futures Pivot levels

Support 21,411
FII Statistics
Pivot 21,500 14-Dec 15-Dec
Resistance 21,647 (INR Cr.) BUY SELL NET BUY SELL NET

IDX Future 3882 4221 -339.72 6530 5079 1450.53

Nifty Technical Indicators
IDX Option 2218056 2261025 -42968.66 1484840 1491415 -6575.46
5 DEMA 21,146 STK Future 16811 18627 -1815.8 22610 18885 3724.37
21 DEMA 20,536 STK Option 30462 29836 625.78 42443 41868 575.12
55 DEMA 20,027
Total 2269211 2313709 -44498 1556422 1557247 -825
200 DSMA 18,972

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Daily Derivatives

Options Statistics

Month Maximum Call OI Maximum Put OI Max OI (Call + Put)

Dec 21000-20500-20400 19000-20000-19500 20000-19000-21000

Total NIFTY Call OI Shares Total NIFTY Put OI Shares

14-Dec 15-Dec Diff : 14-Dec 15-Dec Diff :

23,77,60,075 12,39,49,875 -113810200 27,60,09,100 18,18,82,350 -94126750

NIFTY OI STRIKE WISE

Call OI Put OI Total OI
20.00
18.00
16.00
14.00
12.00
OI 10.00
No of Share 8.00
In Mn
6.00
4.00
2.00
0.00
19800 20000 20200 20400 20600 20800 21000 21200 21400 21600 21800
Strike Price

NIFTY CHANGE IN OI STRIKE WISE

Call OI Put OI Total OI
10.00

5.00

0.00
OI 19800 20000 20200 20400 20600 20800 21000 21200 21400 21600 21800
-5.00
No of Share
In Mn
-10.00

-15.00

-20.00

-25.00
Strike Price

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Daily Derivatives

Open Interest Data

Participant wise Future Index OI Participant wise Future Stock OI

Participant Long Short NOI Change Ratio Participant Long Short NOI Change Ratio

CLIENT 213384 265594 -52210 -9222 0.45 CLIENT 1739375 267562 1471813 -51348 0.87

DII 84366 54322 30044 3412 0.61 DII 123862 2026544 -1902682 25334 0.06

FII 153414 103203 50211 14848 0.60 FII 1338668 1182611 156057 47137 0.53

PRO 37245 65290 -28045 -9038 0.36 PRO 503181 228369 274812 -21123 0.69

Long Built-Up – DEC Short-Built-Up - DEC

Price Price
STOCK PRICE OI (MN) OI (%) STOCK PRICE OI (MN) OI (%)
(%) (%)
NATIONALUM 111.35 5.85 74977500 16.18 NESTLEIND 24511.20 -1.79 419120 12.96
OFSS 4379.65 4.35 776000 11.11 ICICIPRULI 522.05 -2.41 15094500 11.34
LT 3505.90 1.68 9603600 7.14 HDFCLIFE 672.20 -1.76 20616200 9.37
ABB 4848.25 0.59 1091625 6.7 NAVINFLUOR 3865.15 -0.09 785250 5.84
BPCL 451.45 0.6 33912000 6.47 MARUTI 10330.40 -0.95 3171800 4.85

Short Covering - DEC Long Un-winding - DEC

Price Price
STOCK PRICE OI (MN) OI (%) STOCK PRICE OI (MN) OI (%)
(%) (%)
SAIL 111.80 0.04 150376000 -9.2 MFSL 978.05 -4.47 5302400 -11.16
HINDCOPPER 187.20 1.16 36045300 -8.06 HDFCBANK 1661.10 -0.02 106509700 -10.15
BERGEPAINT 588.50 1.01 7539840 -7.65 DRREDDY 5605.85 0 2122750 -9.49
GMRINFRA 77.70 0.26 160031250 -7.5 ALKEM 4852.75 -0.51 459400 -7.94
MPHASIS 2661.85 1.61 1904925 -6.96 EICHERMOT 4068.85 -0.81 3033800 -5.8

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Daily Derivatives

Head Technical & Derivatives

Brijesh Ail [email protected]

Derivative Analyst
Kshitija Salvi [email protected]

IDBI Capital Markets & Securities Ltd. (A wholly owned subsidiary of IDBI Bank Ltd.)

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