Research_4u
Anamika Rai
Market Internals
Derivative Activity:
ON CALL OPTION FRONT:
ON PUT OPTION FRONT:
Original Post
- FII were net buyer in Cash market by small amount of 68cr & DIIs were net buyer in cash market by 81cr.
- Short covering was seen in index future by FII.
- Writing was seen at 6400 call option while some buying was emerged at 5800 put option.
- Nifty is trading below 50-Day SMA of 6190 yet manages to hold key support level of 6130.
- 6230 is still a hurdle; any decisive move above 6230 will lead short covering.
- US Job data lead correction in dollar index from 81 mark which is now placed at 80.62 mark whereas US 10-yr treasury yield moreover cooled off to 2.86 from 3 mark.
- Combination of all global & domestic economic data is a positive pack for Indian equity market.
Derivative Activity:
- Derivative Activity: Nifty closed at 6171 mark while nifty January future closed at 6178 mark with premium of 7 points.
- Nifty (Feb) Contract closed at 6214 level with premium of 43 points.
- The cost of carry for January month contract placed at 2.30% vs. 4.15%, whereas total OI is positioned at 18991950, where nifty January future sheds 0.16% in open interest.
- At the money option implied volatility placed at 14.04% vs. 14.84%.
ON CALL OPTION FRONT:
- On call option front highest open interest is positioned at 6300 mark which is strong resistance on immediate basis.
- Aggressive writing was seen at 6400 mark which accumulates 5 lacs amount in open interest.
ON PUT OPTION FRONT:
- On put option front highest open interest is positioned at 6000 level which is significant support in downside.
- 5800 mark added 7 lacs amount in open interest; which shows accumulation was there.
- IndiaVix was down by 3.71% which closed at 15.58 level.
- PCR OI placed at 0.91 mark while PCR volume stands at 1.00 mark.
- VIX/PCR ratio stands at 17.12 level which shows comfort among the traders.
Original Post