DERIVATIVE REPORT OUTLOOK
TOP GAINER vs TOP LOSER
NIFTY FUTURE REPORT
|
NIFTY FUTURE :
|
R1:9107
|
R2:9147
|
R3:9183
|
|
PIVOT : 9071
|
S1:9031
|
S2:8995
|
S3:8955
|
The Nifty started the
expiry week on a dismal note with selling clearly visible in heavyweights.
However, writing activity in 9000 strike Put continued indicating major
support. Nifty futures settled at a premium of 23 points. India VIX rose 3.8%
and ended at 12.4.The highest Put base is at the 8800 strike with 53 lakh
shares while the highest Call base is at the 9200 strike with 70 lakh shares.
The 9000 and 9100 Call strikes saw additions of 4.1 and 15.0 lakh shares
respectively, while 9000 and 8900 Put strikes saw additions of 3.6 and 2.1 lakh
shares, respectively.
The Nifty has
respected the doji pattern which was formed on friday and witnessed a rebound
from 9110 zone. We believe 9250 will remain a crucial overhead hurdle for the
index as it is the confluence of upper band of rising channel in place since
February 2017 and the 123.6% reciprocal retracement of the entire decline from
September to December 2016 decline placed around at 9225 region If Nifty is
unable to sustain above 9010 then level on downside is between the 8970-8899, 9010
is the next support for Nifty future.
BANK NIFTY FUTURE OUTLOOK
BANK NIFTY FUTURE REPORT
|
BANK NIFTY
FUTURE :
|
R1:21187
|
R2:21272
|
R3:21369
|
|
PIVOT : 21089
|
S1:21004
|
S2:20906
|
S3:20821
|
Bank of Baroda and Indusind bank are among the top
gainer of the day. Despite the Nifty correcting 65 points, Nifty Bank index continued
outperforming on the back of short covering. Looking at the open interest, the
upswingin PSU and midcap banks is likely to continue with a strong support near
20900.
Bank
nifty open at 21000 to its previous closing at 21140 on Friday. Major support
of bank nifty seen at 20900 which is supported in last trading day. Below 20900
short term bearish trend might be follow by bank nifty. Trader can keep eye on its resistance. Closing above
21220 may open scope for new high in bank nifty.
USDINR
|
USDINR :
|
R1:65.5092
|
R2:65.6058
|
R3:65.6717
|
|
PIVOT
: 65.4433
|
S1:65.3467
|
S2:65.2808
|
S3:65.1842
|
The Indian Rupee appreciate against the Dollar, as greenback
demand from crude oil and other importers outweighed early gains triggered by
strong local shares. The Rupee settled at 65.4050 from 65.5650 at previous
close. It rose to day’s high of 65.54, before falling to 65.3775. RBI said that
India’s current account deficit in October-December widened to $7.9 billion, or
1.4% of GDP, in the 3rd quarter of this fiscal that ends Mar. Resistance is at
65.62 and support is at 65.425 mark.
ASIAN MARKET
|
NAME
|
CHANGE
|
% CHANGE
|
|
NIKKEI 225
|
276.94
|
1.46
|
|
STRAITS
TIMES
|
16.02
|
0.51
|
|
HANG SENG
|
164.57
|
0.68
|
|
TAIWAN
WEIGHTED
|
26.21
|
0.27
|
Asian markets traded negative on Monday. China's
Shanghai composite fell 0.08 percent or 2.63 points to close at 3,266.82 Hong
Kong’s Hang Seng was negative by 164.57 points.
INDIAN MARKETS
|
INDEX
|
PREV
CLOSE
|
OPEN
|
HIGH
|
LOW
|
CLOSE
|
GAIN/LOSS
|
|
Nifty
50
|
9108
|
9093.45
|
9094.85
|
9024.65
|
9045.2
|
-62.8
|
|
Nifty
IT
|
10768.95
|
10735.5
|
10787.2
|
10630.85
|
10648.5
|
-120.45
|
|
Nifty
Bank
|
21122.55
|
21178.1
|
21179.2
|
20979.55
|
21056.9
|
-65.65
|
|
Nifty
Pharma
|
10556.35
|
10526.5
|
10543.7
|
10427.55
|
10441.9
|
-114.45
|
|
India
VIX
|
11.9775
|
11.9775
|
12.57
|
11.3375
|
12.435
|
0.4575
|
TOP GAINER vs TOP LOSER
TOP GAINER
|
Company
|
LTP(Rs.)
|
%
Change
|
|
BANKBARODA
|
171.90
|
+1.69
|
|
INFRATEL
|
315.25
|
+1.56
|
|
INDUSINDBANK
|
1405
|
+1.11
|
|
POWERGRID
|
195.80
|
+1.06
|
|
HDFC
|
1477
|
+0.98
|
TOP LOSER
|
Company
|
LTP(Rs.)
|
%
Change
|
|
IDEA
|
1059.85
|
-3.63
|
|
TATASTEEL
|
472.35
|
-3.51
|
|
HINDALCO
|
516.60
|
-3.44
|
|
RELIANCE
|
2428
|
-2.97
|
|
HCLTECH
|
229.70
|
-2.45
|
|
|
|
|
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