Introduction to Health Economics Dr. R. Kurinji Malar.pptx
SMC Global Derivative report 24 09-2013
1. NIFTY SNAPSHOT
CURRENT PREVIOUS
Nifty Spot 5889.75 6012.10
Nifty Sep 5914.40 6037.50
Nifty Oct 5961.55 6082.45
Chg. OI (Sep) (%) -1.42 -7.90
Chg. OI (Oct) (%) 29.38 8.54
Implied Volatility (%) 25.59 23.64
Nifty Support 5820 5880
Nifty Resistance 5950 6050
50 Day EMA 5723 5721
100 Day EMA 5820 5821
200 Day EMA 5842 5842
Put-Call Ratio 1.45 1.61
Historical Volatility (%) 36.38 36.18
Volatility Index 27.02 24.73
NIFTY STRATEGY
NIFTY-TECHNICAL OUTLOOK
Today the markets are likely open on negative note. All emerging
markets are trading in red.
The coming session is likely to witness a range of 5820 on declines
and 5950 on advances.
WORLD MARKET COMMENTARY
In last session all leading American indices like Dow Jones Industrial
Average, NASDAQ index and the S&P 500 (SPX) ended in red. Dow
was down by 0.32% and closed at 15401; S&P 500 was shed by
0.47% at 1702. European indices ended in red. FTSE was down by
0.59%, DAX shed by 0.47% & CAC 40 was down by 0.75%.
Today major stock markets in Asia are trading in red. Shanghai
Composite is down by 1.17% at 2195 and Hang Seng is down by
1.11% at 23112. Japan’s Nikkei is down by 0.70% at 14639 and
Singapore’s Straits Times down by 0.09% at 3211.
Singapore Nifty future is currently down by 32 point at 5879.50
SECURITY IN BAN PERIOD
FINANTECH is in ban period for trade date Sep 24, 2013 F&O
segment.
24.09.2013
We recommend the following trading strategy:
Buy 1 Lot Sep Month Nifty 5800 PE around 24.
Sell 1 Lot Sep Month Nifty 5700 PE around 9.
Strategy Stop Loss: 7 (5800 PE - 5700 PE)
Lot size: 50
Max Profit: 4250 (85*50)
Max Loss: 750 (15*50)
2. FII’S ACTIVITY IN F&O IN LAST TEN SESSIONS
(DERIVATIVE SEGMENT)
BASIS GAP IN NIFTY
NIFTY CHANGE IN OPEN INTREST
FII’S ACTIVITY IN F&O IN LAST SESSION
(DERIVATIVE SEGMENT)
NIFTY TOTAL OPEN INTEREST
1771.55
-839.70
-1412.34
503.83
-484.21
-255.43
-1619.41
3117.79
1655.27
-748.57
-2000.00
-1000.00
0.00
1000.00
2000.00
3000.00
4000.00
10-Sep
11-Sep
12-Sep
13-Sep
16-Sep
17-Sep
18-Sep
19-Sep
20-Sep
23-Sep
10.4
26.5
9.75
25.3
21.7
30.3 32.0
30.2
25.4 24.65
0
5
10
15
20
25
30
35
10-Sep
11-Sep
12-Sep
13-Sep
16-Sep
17-Sep
18-Sep
19-Sep
20-Sep
23-Sep
-1500000
-1000000
-500000
0
500000
1000000
1500000
2000000
5200
5400
5600
5700
5800
5900
6000
6100
6200
6300
Call Put
Buy
49.55%Sell
50.45%
0
1000000
2000000
3000000
4000000
5000000
6000000
5200
5300
5400
5500
5600
5700
5800
5900
6000
6100
6200
Call Put
FII’s are net seller in (F&O segment) last
session by INR 748.57 crores.
Nifty Sep futures closed at a premium of
24.65 points.
Maximum Call for Sep month stands at the
levels of 6000.
Maximum Put for Sep month stands at the
levels of 5700.
Nifty is down by 2.04% and open interest
shed by 1.42%.
3. REC0MMENDATIONS:
DRREDDY View: Bullish CMP: 2387.80
On the daily chart, stock is trading above 20 days
moving average. Momentum oscillators are neutral to
positive.
We recommend to:
Buy Sep 2400 Call Above 35.00
Stop Loss: 25.00
Target: 52.00
Lot size: 125
RPOWER View: Bullish CMP: 72.55
On the daily chart, there is a price rise with increase in
volume. Momentum oscillators are neutral to positive
We recommend to:
Buy Sep 75 Call Above 1.40
Stop Loss: 0.90
Target: 2.20
Lot size: 4000
TATASTEEL View: Bearish CMP: 294.55
On the daily chart, stock is trading around support.
Momentum oscillators are neutral to negative.
We recommend to:
Buy Sep 290 Put Above 4.50
Stop Loss: 3.50
Target: 6.40
Lot size: 1000
4. For Any Query or Suggestions email at
researchfeedback@smcindiaonline.com
Analyst
Dhirender Singh Bisht
Boardline : 011-30111000 Extn.649
dhirenderbisht@smcindiaonline.com
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