20/10/2016

SENSEX , NIFTY OPEN IN RED | TODAY DERIVATIVE MARKET REPORT UPDATE 21 OCTOBER 2016.

NIFTY REPORT | DERIVATIVE REPORT


NIFTY FUTURE OUTLOOK

NIFTY FUTURE :
R1:8730
R2:8755
R3:8782
PIVOT :8703
S1:8677
S2:8650
S3:8625



The Indian equity market closed with handsome gains on Thursday amid a choppy session. Indices managed to clock in marginal gains tracking positive global cues. After a gap up start, it oscillated in a range till the end while participants were busy reacting to the earnings. The news of the GST Council meeting ending without finalisation of the tax rate dented sentiments a bit and capped an upside in the index. The banking, metal, finance stocks were the top gainers followed by consumer durables and basic materials stocks. On the other hand, auto, IT, healthcare and FMCG were under pressure. Nifty closed with a gain of 40 points at 8,699. The NSE Nifty opened at 8,693 hitting a high of 8,727 and low of 8,678.30.The India VIX (Volatility) index was down 3.06% at 14.1650. Out of 1,480 stocks traded on the NSE, 742 declined and 673 advanced today. The rupee was trading down 11 paise at 67.78 per US dollar.

Nifty open gap up on Thursday  and  shown choppy  movement over the full trading hour’s .nifty trade above 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


NIFTY BANK OUTLOOK

BANK  NIFTY FUTURE :
R1:19768
R2:19867
R3:20001
PIVOT :19634
S1:19535
S2:19401
S3:19302



Bank nifty open  up 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 (+4.73%) and SBI BANK  (+1.88%) is the top gainers  of the day.

Bank nifty Open up at 19503.30, to its previous closing 19452.05 on Thursday and touched high of 19734.00. 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 has opened lower at 66.68 a dollar compared with previous day's closing of 66.67 per dollar. crude prices have drifted higher and are now likely to trade in a new range of USD 50-57 a barrel. currency markets are range bound with a slight bias towards dollar strength. The rupee is resilient and likely to remain in a narrow range.

USDINR :
R1:66.88
R2:66.94
R3:67.03
PIVOT : 66.79
S1:66.73
S2:66.64
S3:66.58




ASIAN MARKET

NAME
CHANGE
% CHANGE
NIKKEI 225
236.59
1.37
STRAITS TIMES
-2.00
-0.07
HANG SENG
69.43
0.30
TAIWAN WEIGHTED
33.25
0.36







INDIAN MARKETS

Name
         Change
   % Change
            Open
             High
           Low
Nifty 50
40.30
0.46
8693.35
8727.00
8678.30
Nifty Bank
246.60
1.25
19493.90
19722.85
19479.25
Nifty Metal
38.85
1.43
2686.30
2717.10
2682.30
Nifty Pharma
-44.40
-0.39
11570.55
11578.85
11471.90
Nifty Realty
3.35
1.61
206.25
208.30
205.95








Name
         Change
   % Change
            Open
             High
           Low
Nifty 50
40.30
0.46
8693.35
8727.00
8678.30
Nifty Bank
246.60
1.25
19493.90
19722.85
19479.25
Nifty Metal
38.85
1.43
2686.30
2717.10
2682.30
Nifty Pharma
-44.40
-0.39
11570.55
11578.85
11471.90
Nifty Realty
3.35
1.61
206.25
208.30
205.95








TOP GAINER vs TOP LOSER


TOP GAINER

Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
ADANIPORTS
271.60
285.25
+5.03
ICICI BANK
265.05
277.60
+4.73
HINDALCO
151
155.25
+2.81
IDEA
76.30
78.30
+2.62
BHARTI INFRA
358.15
367.30
+2.55

TOP LOSER

Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
HCL TECHNO.
830.55
815.55
-1.81
HUL
846
840.30
-0.67
TATA MOTORS
550.50
546.85
-0.66
SUN PHARMA
750.25
745.50
-0.63
ULTRATECH
4032.55
4007.10
-0.63








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