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    Nifty

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    Nifty

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    Nifty

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    patelpratham0603
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    of 5

    Daily Derivative Report

    Daily Derivative Report

    www.sbisecurities.in
    Daily Derivative Report
    Retail Research 14th August, 2024
    Index Snapshot
    Particulars Spot Future Premium/Discount Future OI PCR OI India VIX

    Current 24139 24161 22 13891000 0.53 16.168

    Previous 24347 24356.8 9.8 13380325 0.79 15.868

    % Change -0.85 -0.80 3.82 1.89

    Derivative Highlights.
     On Tuesday, Nifty Futures witnessed sharp correction and ended at 24139 level with a loss of 0.80 percent. The
    cumulative OI of current, next and far series surged by nearly 4 percent, this indicates an overall short build-up. The
    Bank Nifty futures also witnessed short build up.
     Among the constituents of the Nifty index, only 5 stocks have witnessed a long build-up, and 6 stocks have witnessed a
    short covering rally. While 24 stocks have witnessed short build-up, and 15 stocks have witnessed long unwinding.
     The volatility index, IndiaVIX, ended on a positive note for the second consecutive trading session. The Advance/Decline
    ratio was largely tilted in favour of decliners, which indicates the internal strength of the market has weakened
    significantly. For the weekly expiry, OI PCR is at 0.53. While, for monthly expiry, OI PCR is at 1.37.
     For weekly series, the 24200 strike has significant call open interest, followed by the 24300 strike. On the put side, 24100
    has a substantial open interest, followed by a 24000 strike implying the 50-day EMA zone of 24050-24000 will act as
    immediate support for the index. While, on the upside, the resistance zone has shifted lower in the zone of 24270-
    24300.
     In Bank Nifty, 50000 strike has significant call open interest, followed by the 50300 strike. On the put side, 49500 has a
    substantial open interest, followed by a 49000 strike. This indicates the zone of 50200-50300 will act as crucial resistance
    for the index. While, the immediate support is placed in the zone of 49650-49550.

    www.sbisecurities.in
    Daily Derivative Report

    FIIs' F&O activity (in Cr) August 14, 2024

    Column1 Buy Sell Difference


    INDEX FUTURES 5,545 10,506 -2480.50

    INDEX OPTIONS 61,15,641 60,86,951 14345.00

    STOCK FUTURES 26,555 32,647 -6092.00

    STOCK OPTIONS 44,104 45,577 -1473.00

    Sectoral Highlights

     The benchmark index Nifty suffered a breakdown of the Bearish Flag pattern on the daily charts. The broader indices
    have underperformed frontline indices. Nifty Consumer Durables was the top performing sectoral index for the day.
    Nifty Financial Services and Nifty Metal were top losers.
     All the stocks from Finance, Cement, Chemicals, Realty, Infrastructure, Media, Power and Telecom have either
    witnessed short build up or long unwinding. Further, over 70 per cent stocks from Automobile, Banking and Oil & Gas
    have either witnessed short build up or long unwinding.
     On the other hand, none of the sectoral index witnessed significant long buildup or short covering rally.
     Considering the above data points, Pharma and Textile may outperform the frontline indices. While, Finance, Cement,
    Chemicals, Realty, Infrastructure, Media and Power may underperform frontline indices.

    www.sbisecurities.in
    Daily Derivative Report
    ` Derivative Data Build Up

    Long Build up Short Build up


    Price Change Change in OI Price Change in
    Stock Close Stock Close
    (%) (%) Change (%) OI (%)
    TORNTPHARM 3351.7 0.45 10.32 FINNIFTY 22700.8 -1.62 94.96
    MARICO 652.65 2.38 5.35 AARTIIND 621.6 -15.50 33.77
    SUNPHARMA 1739.4 0.31 4.29 BANKNIFTY 50052 -1.32 21.38
    LALPATHLAB 3188.4 0.12 2.66 CHAMBLFERT 490.45 -7.33 11.46
    AUBANK 613.25 0.20 2.61 SBIN 800.1 -1.95 9.48

    Long Unwinding Short Covering


    Price Change Change in OI Price Change Change in OI
    Stock Close Stock Close
    (%) (%) (%) (%)
    SUNTV 813.4 -0.21 -9.71 BALRAMCHIN 512 3.00 -11.84
    MGL 1778.4 -2.11 -9.68 HINDCOPPER 313.25 3.20 -6.40
    HINDPETRO 371.65 -2.53 -6.99 SIEMENS 6991.05 0.81 -6.13
    PEL 988.95 -0.10 -6.49 DIXON 11992.45 2.24 -4.24
    OFSS 10738.3 -0.23 -4.26 PERSISTENT 4720.85 0.56 -3.37

    www.sbisecurities.in
    Daily Derivative Report

    SBICAP Securities Limited


    (CIN): U65999MH2005PLC155485
    SEBI Registration No.: Stock Broker: INZ000200032 | DP Registration No.: IN-DP-314-2017
    Research Analyst : INH000000602 | IRDA : CA0103 | PFRDA Registration No: POP 26092018

    Registered & Corporate Office: Marathon Futurex, Unit No. 1201, B-Wing, 12th Floor, N M Joshi Marg,
    Mafatlal Mill Compound, Lower Parel East, Mumbai 400013

    For any information contact us: (022) 6854 5555

    E-mail: helpdesk@sbicapsec.com I Web: www.sbisecurities.in


    DISCLOSURES & DISCLAIMERS:
    Analyst Certification: The views expressed in this research report ("Report") accurately reflect the personal views of the research
    analysts ("Analysts") employed by SBICAP Securities Limited (SSL) about any and all of the subject issuer(s) or company(ies) or
    securities. This report has been prepared based upon information available to the public and sources, believed to be reliable. I/We also
    certify that no part of my/our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s)
    in this report.
    The Analysts engaged in preparation of this Report or his/her relative:-
    (a) do not have any financial interests in the subject company mentioned in this Report; (b) do not own 1% or more of the equity
    securities of the subject company mentioned in the report as of the last day of the month preceding the publication of the research
    report; (c) do not have any material conflict of interest at the time of publication of the Report.
    The Analysts engaged in preparation of this Report:-
    (a) have not received any compensation from the subject company in the past twelve months; (b) have not managed or co-managed
    public offering of securities for the subject company in the past twelve months; (c)have not received any compensation for investment
    banking or merchant banking or brokerage services from the subject company in the past twelve months; (d) have not received any
    compensation for products or services other than investment banking or merchant banking or brokerage services from the subject
    company in the past twelve months; (e) has not received any compensation or other benefits from the subject company or third party
    in connection with the Report; (f) has not served as an officer, director or employee of the subject company; (g) is not engaged in
    market making activity for the subject company.
    Name Qualification Designation
    Sudeep Shah MMS-Finance DVP- Technical & Derivative Research
    Sunny Agrawal B.E, MBA (Finance) DVP - Fundamental Research
    Rajesh Gupta PGDBM (Finance), MA (Bus. Eco) AVP - Fundamental Research
    Monica Chauhan C.A. Research Analyst - Equity Fundamentals
    Harsh Vasa C.A. Research Analyst - Equity Fundamentals
    Sumeet Shah B.E., CFA Research Analyst - Equity Fundamentals
    Sweta Padhi MBA (Finance) Research Analyst - Equity Fundamentals
    Gautam Updhyaya MBA (Finance) Research Analyst - Equity Derivatives
    Vinayak Gangule BE (IT) Research Analyst - Equity Technicals
    Pratik Patni BSc (Biotech Entire) Research Analyst - Equity Derivatives
    Ghanshyam Gupta MBA (Finance) Research Analyst - Currency Derivatives
    Sagar Peswani B.Tech (ECE) Research Associate - Equity Technicals
    Uday Chandgothia B.Tech (Mech), MBA (Finance) Research Associate - Equity Fundamentals
    Kalpesh Mangade B.Com MIS Analyst - Retail Research
    Pratham Sandip patel Stundent ( analysis) Research Analyst
    For other Disclosures please visit: https://bit.ly/R_disclaimer02

    Sudeep Shah Sunny Agrawal


    DVP – Technical & Derivative Research DVP – Fundamental Research

    www.sbisecurities.in

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