NIFTY FUTURE | DERIVATIVE REPORT
NIFTY OUTLOOK
TOP GAINER VS TOP LOSER
|
NIFTY FUTURE :
|
R1:8947
|
R2:8990
|
R3:9018
|
|
PIVOT :8918
|
S1:8875
|
S2:8847
|
S3:8804
|
NIFTY OUTLOOK
The BSE Sensex
closed 248.03 points down at 28,797.25, while NSE Nifty settled 88 points lower
at 8864.50.Nifty ended in red on Friday on account of feeble global cues as
investors booked profits following reports of a nuclear test in North Korea and
amid uncertainty over the European Central Bank’s (ECB) future policy
steps. Some buying activity is seen in
telecom, oil & gas,pharma, power, utiities and energy sectors, while
banking, metal, finance, FMCG, auto and consumer durables sectors are showing
weakness on BSE. The shares of Logistics stocks are gaining on the counter on
the back of higher volumes on BSE. President Pranab Mukherjee gave approval to
the Constitution Amendment Bill on Goods and Services Tax (GST), a major step
towards rolling out the new indirect tax regime which the Modi government wants
to come into effect from April 1 next year, as per TV reports.
Nifty
ended above its psychological level of
8900 and made a high above 8962.00 after successfully breaking the level of
8900 . Nifty up sided movement would
be up to 9050-9150. support for nifty will be 8800-8750.Traders can go short on a break below 8600.
NIFTY BANK FUTURE
|
NIFTY
FUTURE :
|
R1:20461
|
R2:20572
|
R3:20684
|
|
PIVOT :20348
|
S1:20238
|
S2:20125
|
S3:20014
|
BANK NIFTY OUTLOOK
Bank Nifty
future open down and showing consolidation
movement over the full trading hour’s .Downside
movement in bank nifty may be 19700-19600
if its break the level of 19850-19800. On the other the hand up sided movement
will be seen above 20000-20500 level ,up to 20800-20900. In between
consolidation may be seen for a short time. YES BANK
(-3.91%) and AXIS BANK (-2.58%) is the top losers of the day.
Bank nifty opened down at 20375.55, to its previous closing 20514.10
on Friday and touched high of 20459.95. In Bank nifty bullish trend seen above the level
of 20000-20500. if it’s maintain the level, then new level 20800-20900 will be
expected. Below 19800 bank nifty downward
movement seen in between the level of 19600-19400.
USDINR
The Indian rupee fell in early trade Friday for the second
consecutive session on recovery in US dollar. The currency has opened at 66.57
per dollar, down 16 paise compared with previous day's closing value of 66.41 a
dollar. last Friday's disappointing US non-farm payroll data has pushed back
expectation of a Fed rate hike. Emerging markets have reacted positively and
spot USD-INR was thus able to break below Rs 66.80/USD. the US dollar rose
against the yen, spurred by a jump in oil prices that put upward pressure on
US. Inflation expectations and pushed traders to increase their outlook on
a rate hike from the Federal Reserve.
|
USDINR
:
|
R1:66.60
|
R2:66.79
|
R3:66.83
|
|
PIVOT : 66.56
|
S1:66.37
|
S2:66.33
|
S3:66.14
|
TOP GAINER VS TOP LOSER
--TOP GAINER--
|
Company
|
Prev.
Close(Rs.)
|
Current
Price(Rs.)
|
% Change
|
|
ONGC
|
246.30
|
254.95
|
+3.51
|
|
GAIL
|
388.75
|
395.00
|
+1.61
|
|
WIPRO
|
473.95
|
480.65
|
+1.41
|
|
TATA CONSUL.
|
2322.10
|
2352.45
|
+1.31
|
|
RELIANCE INDS.
|
1033.40
|
1044.55
|
+1.08
|
--TOP LOSER--
|
Company
|
Prev.
Close(Rs.)
|
Current
Price(Rs.)
|
% Change
|
|
HINDALCO
|
161.95
|
154.85
|
-4.38
|
|
ULTRATECH CEM.
|
4115.35
|
3953.70
|
-3.93
|
|
YES BANK
|
1328.25
|
1276.25
|
-3.91
|
|
AXIS BANK
|
629.35
|
613.10
|
-2.58
|
|
ITC
|
264.90
|
258.30
|
-2.49
|
|
|
|
|
|
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