Deritaves Report for the Week

8/14/2019 Deritaves Report for the Week

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www.capitalvia.com

Resistance Faced At Higher Levels !!22nd February 2010 to 27th Feb 2010

WEEKLYOPTION & DERIVATIVE REPORT


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R E S E A R C H

www.capitalvia.com | 2

Global Indices

Weekly Report Derivatives22nd February to 27th Feb 2010

Derivative Wrap

Key HighlightThe 30-share BSE Sensex closed at 16,191.63, down 136.21 points or 0.83% and the 50-share NSE

declined 0.88% or 42.85 points to 4,844.90. These indices gained just over 0.2% this week. The broader

indices underperformed the benchmark indices; the BSE Midcap Index was down 1.4% and the Smallcap

was down 1.6%.The benchmark Sensex closed 136 points lower on the back of sell-off in metal, power, realty, telecom,

cement and select auto stocks and in heavyweights like Reliance Industries, SBI, ICICI Bank and TCS. It was

just a reaction to the Fed's surprise move on Thursday; Federal Reserve increased discount rate by 25 bps to

75 bps post closing of US markets.European markets were trading flat, at the time of closing of Indian equities. The US index futures were

down 0.5% because Fed announcement came after the markets on Thursday. Asian markets also reacted;

Hang Seng was down 2.6% and Nikkei was down over 2%. Kospi fell 1.7%. Straits Times closed 0.4%

lower. Chinese and Taiwanese markets were shut today.

Asian stocks fell for the third week in a month after the U.S. Federal Reserve increased its discount rate

for the first time in more than three years, and as companies reported declining earnings.

U.S. stocks, commodities and the dollar gained as lower-than-estimated rise in inflation fueled

speculation the Federal Reserve will keep its benchmark interest rate near a record low to safeguard

the economic recovery.

GlobalMarketNews

Spot Nifty

Nifty Futures

Bank Nifty Futures

Current Close

4845.95

4844.90

Weekly Change

+8.05

+17

+0.16%

+0.35%

%Change

8483.20 +18.02 +0.21%

Dow Jones

FTSE

Current Close

10402.35

Weekly Change

+303.21 +3.00%

%Change

5358.17 +215.72 +4.20%

CAC 3769.54 +170.47 +4.70%

Nikkei 10123.58 +31.39 +0.30%


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R E S E A R C H


Option Strategy Corner


INDEX PRICE

4844.90 LONG CALLPREMIUM 92

NIFTY (Lot size/expiry date 50/ 25 march, 2010)

Outlook : BULLISH

STRIKE PRICE PREMIUMMAXIMUM

PROFITSTOPLOSS

BUY 5000 MARCALL OPTION

UNLIMITED 50

PAY OFF TABLE

ON EXPIRY NIFTY CLOSES AT

4700

4800

4900

5092

5100

5200

5300

Strategy : LONG CALL

Risk: : Limited to the Premium. (Maximum loss if market expires at or below the option strike price).

Reward: Unlimited

Breakeven: Strike Price + Premium

NET PAY OFF FROM CALL OPTION

-92.00

-92.00

-92.00

00.00

08.00

108.00

208.00


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R E S E A R C H


NIFTY AGAIN SHOWN BOTH SIDE DIRECTION TODAY BUT DIDNOT SUSTAIN HIGHER LEVELS. THE KIND OF CLOSING IT HADMADE IS SOME HOW SUGGESTING THAT THE BUYINGINTERST IS LESS IN NIFTY FUTURE ON HIGHER LEVELS. NIFTYFACING THE PROFIT BOOKING ALSO NEAR TO THERESISTANCE ZONE. THE CRUCIAL RESISTANCE ZONE IS SEEMSTO BE AROUND THE LEVEL OF 4990 TO 5000. CLOSING ABOVETHAT LEVEL COULD INDICATE THE TREND REVERSAL IN NIFTYFUTURE. THE KEY SUPPORT BASE IS AROUND THE LEVEL 4650TO 4700.

TECHNICAL PICTURE

Technical View


Properties

Support 1 4760

4650

4950

5040

Values

Support 2

Resistance 1

Resistance 2

Weekly Levels


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R E S E A R C H


Index Futures and Index Options:

Index futures saw a trading volume of Rs.18575.41 crores arising out of 797154 contracts and Index options saw 2118911contracts getting traded at a notional value of Rs.51785.39 crores. The total turnover of the Futures & Options segment of theExchange was around Rs.92723.13 crores.

Instrument wise summary :

Index Future

Symbol

NIFTY

MINI NIFTY

BANK NIFTY

No of ContractsTraded

87256

679093

Traded Quantity

1745120

33954650

844.1

16424.48

Total Traded Value(RS. in CR.)

Open Interest (Qty)as at End of Trading Hrs

1605660

31872000

CN XIT

30599 1529950 1295.06 1243150

206 20600 11.78 33400


Symbol

NIFTY

MINI NIFTY

BANK NIFTY

No of ContractsTraded

814

648

2117449

Traded Quantity

16280

32400

105872450

7.99

27.84

51749.55

Total Traded Value(RS. in CR.)

Open Interest (Qty)as at End of Trading Hrs

39540

195650

113753800

Index Option


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R E S E A R C H


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Deritaves Report for the Week

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