NIFTY FUTURE | DERIVATIVE REPORT
NIFTY OUTLOOK
TOP GAINER vs TOP LOSER
NIFTY OUTLOOK
NIFTY FUTURE :
|
R1:8039
|
R2:8071
|
R3:8121
|
PIVOT :7989
|
S1:7957
|
S2:7907
|
S3:7875
|
Indian stock market snapped a six-day losing streak and
gained 1% when the day closed. Overall, it was a volatile day with both indices
lacking clear direction. The only positive is that the indices closed in green.
Sentiments remained cautious over concern of India’s demonetization move
estimated to pull down gross domestic product growth this financial year from
last year’s 7.6%.
On the economy front, Fitch re-affirmed its
"negative" outlook for India's banking sector, saying the financial
standing remained "fragile" without bigger capital injections and
that the government's action on banknotes could end up having a mixed impact.
Asian markets, Hong Kong’s Hang Seng was up
1.4%, while Shanghai Composite Index gained 0.66%. Japan’s Nikkei also gained
0.04%. Both Nifty and Sensex wavered
throughout the day without indicating any clarity. On the other hand, NSE Nifty
reclaimed its 8,002 spot, up by 73 points. The BSE Mid-cap Index closed at
11,898, gaining 1.39%, whereas BSE Small-cap Index closed on a positive note at
11,627 gaining 1.16%. The INDIA VIX
closed -3.31% at 18.4650. The Rupee is trading marginally down at Rs. 68.19/$.
Nifty open gap up on Tuesday and
shown choppy movement over the full trading hour’s .nifty trade below the
level of 8000 today .above the level of 8550 bull trend will be seen in nifty
future. Down side targets for nifty would be 7900-8000. next support level of
nifty would be 7850.
BANK NIFTY FUTURE
NIFTY BANK OUTLOOK
BANK NIFTY FUTURE :
|
R1:18698
|
R2:18824
|
R3:18997
|
PIVOT :18524
|
S1:18398
|
S2:18225
|
S3:18099
|
Bank nifty open gap up today and showing consolidation movement over
the full market hour’s. Bank nifty on technical chart break the support of 19000, below that level next level
for bank nifty would be 18200-18400. Above the level of 19300 upside movement
can be seen. YES BANK (+1.72%) and BANK
OF BARODA (+1.30%) is the top gainers of the day.
Bank nifty Open gap up at 18620.15,
to its previous closing 18470.85 on Tuesday and touched high of 18651.00. bank
nifty break the support of 19000, and made a low of 18470.85. if bank nifty not
sustain at that level ,next level of bank nifty would be 18000-18200.On the
other hand above 19300 ,new level for Bank nifty would be 19600-19800.
USDINR
USDINR
:
|
R1:68.31
|
R2:68.38
|
R3:68.49
|
PIVOT : 68.20
|
S1:68.13
|
S2:68.02
|
S3:67.95
|
The Indian rupee opened
marginally higher at 68.13 per dollar on Tuesday versus previous close
68.16. If equities remain flat today, we expect the rupee to trade in a range
of 68.05-68.20/dollar. The dollar slipped after rising 10 straight days. As
investors consolidated gains fueled by the election of a new republican
president who is expected to adopt
fiscal policies leading to interest rate increases.
ASIAN MARKETS
NAME
|
CHANGE
|
% CHANGE
|
NIKKEI 225
|
56.92
|
0.31
|
STRAITS TIMES
|
5.53
|
0.20
|
HANG SENG
|
320.29
|
1.41
|
TAIWAN WEIGHTED
|
92.28
|
1.01
|
Asian
markets finished broadly higher today with shares in Hong Kong leading the
region. The Hang Seng is up 1.43% while China's Shanghai Composite is up 0.94%
and Japan's Nikkei 225 is up 0.31%.
INDIAN MARKETS
Name
|
Change
|
% Change
|
Open
|
High
|
Low
|
Nifty 50
|
73.20
|
0.91
|
7989.15
|
8019.05
|
7938.15
|
Nifty Bank
|
102.25
|
0.55
|
18626.70
|
18650.50
|
18322.70
|
Nifty Metal
|
74.50
|
2.85
|
2562.40
|
2615.65
|
2560.40
|
Nifty Pharma
|
51.75
|
0.48
|
10725.70
|
10736.70
|
10624.00
|
Nifty Realty
|
4.60
|
2.90
|
154.60
|
159.75
|
151.50
|
Name
|
Change
|
% Change
|
Open
|
High
|
Low
|
Sensex
|
195.64
|
0.75
|
25928.16
|
26039.70
|
25765.51
|
S&P
BSE
Small
Cap
|
132.99
|
1.14
|
11525.69
|
11657.49
|
11462.87
|
S&P
BSE
Midcap
|
163.19
|
1.37
|
11793.91
|
11926.99
|
11728.58
|
TOP GAINER vs TOP LOSER
TOP GAINER
Company
|
Prev.
Close(Rs.)
|
Current
Price(Rs.)
|
% Change
|
HINDALCO
|
157.35
|
166.55
|
+5.85
|
ZEEL
|
434
|
449.40
|
+3.55
|
MARUTI SUZUKI
|
4787.45
|
4934.55
|
+3.07
|
ULTRATECH CEM.
|
3322.30
|
3422.75
|
+3.02
|
BAJAJ AUTO
|
2524.40
|
2599.50
|
+2.97
|
TOP LOSER
Company
|
Prev.
Close(Rs.)
|
Current
Price(Rs.)
|
% Change
|
BHEL
|
128.90
|
124.40
|
-3.49
|
GAIL
|
420.85
|
414.55
|
-1.50
|
L&T
|
1347.90
|
1329.55
|
-1.36
|
POWER GRID
|
185.05
|
183.75
|
-0.70
|
NTPC
|
154.90
|
154.10
|
-0.52
|
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