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F&O TRACKER

PRIVATE CLIENT RESEARCH

 
.

APRIL 26, 2011

     

Sahaj Agrawal
sahaj.agrawal@kotak.com
+91 22 6621 6343

Rahul Sharma
sharma.rahul@kotak.com
+91 22 6621 6198

Malay Gandhi
malay.gandhi@kotak.com
+91 22 66216350

 

NIFTY DERIVATIVE SNAPSHOT

 

 

NIFTY
FUTURE

OI
(SHARES)

VOLUME

BASIS

PCR OI

NIFTY ATM
IV
TREND

CURRENT
PREVIOUS
% CHANGE

5,887
5,904
-0.29

21,315,200
22,808,700
-6.55

12,434,000
16,800,
250 -25.99

12.5
19.55
-

1.38
1.42
 

-
-
-

 

 

OUTLOOK

 
  • Market wide open interest is seen at Rs. 1,55,522 cr. Nifty futures April series open interest seen at 2.13cr shares.

  • Nifty closed marginally negative after second day of consolidation in the range of 5850-5920. On weekly basis nifty has been making lower tops and lower bottoms with immediate previous top seen at 5923.

  • We expect metals to trade with a positive bias led by Tata Steel, Sterlite and Hindalco. Banking is expected to witness some selling pressure. Pharma is expected to gain momentum in the medium term, Orchid pharma can be accumulated for 350-375 levels.

  • Nifty OI concentration is seen at 6000 call and 5700 put options.

 

NIFTY LEVELS

5708               5770               5827               5974               6040                6123

NIFTY OPTIONS OI   NIFTY PCR OI
 
 

RECOMMENDATION

STOCK                           PATRICULAR                  RECOM                 CMP                 TGT                SL          REMARKS

NIL

 

FUTURE STATISTICS

 

OPTION STATISTICS

 

CASH STATISTICS

 
 

Research Team

Dipen Shah
IT, Media
dipen.shah@kotak.com
+91 22 6621 6301
Saurabh Agrawal
Metals, Mining
agrawal.saurabh@kotak.com
+91 22 6621 6309
Ruchir Khare
Capital Goods, Engineering
ruchir.khare@kotak.com
+91 22 6621 6448
Amit Agarwal
Logistics, Transportation
agarwal.amit@kotak.com
+91 22 6621 6222

K. Kathirvelu
Production
k.kathirvelu@kotak.com
+91 22 6621 6311

Sanjeev Zarbade
Capital Goods, Engineering
sanjeev.zarbade@kotak.com
+91 22 6621 6305

Saday Sinha
Banking, NBFC, Economy
saday.sinha@kotak.com
+91 22 6621 6312

Ritwik Rai
FMCG, Media
ritwik.rai@kotak.com
+91 22 6621 6310

Jayesh Kumar
Economy
kumar.jayesh@kotak.com
+91 22 6652 9172

Arun Agarwal
Automobiles
arun.agarwal@kotak.com
+91 22 6621 6143

Sumit Pokharna
Oil and Gas
sumit.pokharna@kotak.com
+91 22 6621 6313

Shrikant Chouhan
Technical analyst
shrikant.chouhan@kotak.com
+91 22 6621 6360

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