27/10/2016

NIFTY STARTS NOV SERIES BELOW 8600 | TODAY DERIVATIVE MARKET UPDATE 28 OCTOBER 2016.

NIFTY REPORT | DERIVATIVE REPORT


NIFTY FUTURE OUTLOOK

NIFTY FUTURE :
R1:8643
R2:8671
R3:8720
PIVOT :8595
S1:8566
S2:8518
S3:8490



Nifty closed almost unchanged at 8,615. The NSE Nifty opened at 8,607 hitting a high of 8,625 and low of 8,550.The Indian equity market fell for a third day. The Sensex slipped 100 points, while the Nifty50 fell below its 8,600 mark. Tata Group shares extended its fall on Thursday after the company sought a clarification. Indian Hotels slumped 8%, Tata Teleservices tanked 7 %, Tata Communications, Tata Power, Tata Motors are down between 2-4%.  The BSE Mid-cap Index is trading down 0.70% at 13,327 whereas BSE Small-cap Index is trading down 0.36% at 13,381. Some buying activity is seen in realty, oil & gas and FMCG sectors, while telecom, banking, auto, capital goods, IT, industrial and pharma are showing weakness on NSE. The INDIA VIX is up 1.52% at 14.6725.  Asian markets opened flat as renewed strength in US$ & rise in bond yields with the US 10 year hitting 1.79% saw profit booking in equities continue. With nearness to US election results & an inevitable rate hike on the cards, global equity markets have seen huge under performance this October. 

Nifty open Flat on Thursday  and  shown choppy  movement over the full trading hour’s .nifty trade below the level of 8630. Nifty next support would be 8480-8450.Traders can go short on a break below 8500. Range bound movement may be seen in Nifty ,if its maintain the level of 8700 so, up sided movement would be up to 9050-9150.

NIFTY BANK FUTURE



BANK NIFTY OUTLOOK

BANK  NIFTY FUTURE :
R1:19612
R2:19726
R3:19910
PIVOT :19428
S1:19314
S2:19130
S3:19016



Bank nifty open Flat today and showing range bound movement over the full market hour’s.  Bank nifty  on technical chart have support of 19000, below that level next level for bank nifty would be 18400-18600. Above the level of 19500 upside movement can be seen. ICICI BANK (-3.75%) and AXIS BANK  (-7.85%) is the top losers  of the day.

Bank nifty Open Flat at 196450.00, to its previous closing 19488.65 on Thursday and touched high of 19543.10. bank nifty have support of 19000,if bank nifty not sustain at that level ,next level of bank nifty would be 18700-18500.On the other hand above 19800 ,new level for Bank nifty would be 20000-20250.


USDINR

The Indian rupee opened lower by 9 paise at 66.92 per dollar on Thursday versus previous close 66.83. With upcoming US elections, Fed rate hike on November 2 looks unlikely. The Rupee has been resilient in a range on the back of exporter selling. The US dollar fell against a basket of major currencies after touching a nearly nine-month high on Tuesday as the greenback looked vulnerable to weakness on uncertainty surrounding Federal Reserve monetary policy and the US election. Meanwhile, the euro rose from a seven-month low on signs that the European economy may be improving enough to reduce pressure on the ECB to further ease monetary policy.

USDINR :
R1:67.20
R2:67.26
R3:67.30
PIVOT : 67.16
S1:67.10
S2:67.06
S3:67.00




ASIAN MARKETS

NAME
CHANGE
% CHANGE
NIKKEI 225
-55.42
-0.32
STRAITS TIMES
0.37
0.01
HANG SENG
-193.08
-0.83
TAIWAN WEIGHTED
-62.70
-0.67





Asian markets finished lower today with shares in Hong Kong leading the region. The Hang Seng is down 0.83% while Japan's Nikkei 225 is off 0.32% and China's Shanghai Composite is lower by 0.13%.


INDIAN MARKETS

Name
         Change
   % Change
            Open
             High
           Low
Nifty 50
0.00
0.00
8607.10
8624.85
8550.25
Nifty Bank
31.00
0.16
19452.00
19544.20
19252.10
Nifty Metal
-21.55
-0.82
2625.60
2635.85
2606.80
Nifty Pharma
79.65
0.69
11487.15
11563.85
11438.30
Nifty Realty
-1.35
-0.65
208.55
209.70
205.60








Name
      Change
    % Change
           Open
          High
            Low
Sensex
79.39
0.28
27808.63
          27958.13
27665.60
S&P BSE
Small Cap
-103.41
-0.78

13437.35
13437.68
13282.48
S&P BSE
Midcap
-139.17
-1.05
13379.88
13386.00
13225.12
















TOP GAINER VS TOP LOSER

TOP GAINER

Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
HDFC
1334.65
1378.55
+3.29
DR.REDDY’S LABS
3242.30
3324.80
+2.54
ICICI BANK
278.40
284.30
+2.12
ITC LTD.
238.75
243.10
+1.82
BHARTI AIRTEL
317.70
323.10
+1.70

TOP LOSER

Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
BHARTI INFRATEL
370.45
353.75
-4.51
ASIAN PAINTS
1123.10
1085.45
-3.35
HERO MOTOCORP
3419.05
3313.65
-3.08
YES BANK
1290.25
1253.60
-2.39
ZEEL
516.70
504.35
-2.39








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