Nifty Close R1 R2 S1 S2 11940.1 12025 12139 11791 11742 SENSEX NIFTY INDIAVIX BANKNIFTY 10YR G-SEC USDINR 40469.7 0.46% 11940.1 0.47% 15.41 -2.17% 31236.25 0.79% 6.47 -0.15% 71.71 0.19% www.inventuregrowth.com • Vehicle registrations across the country increased by nearly 4% in October year-on-year due to buying in the festive season, with two wheeler and passenger vehicle registrations marking a jump of 4% and 11%, respectively, while commercial vehicles dropped by 23%. Positive for automobile industry • Yes Bank on Tuesday said RBI has found it underreported bad loans by Rs.3,277 crore in FY19 of which, the Bank said Rs.1,259 crore has already been classified as non-performing assets as on 30 September, 2019 and Rs.2,018 crore is the incremental bad loan. Negative for Yes Bank • Unions of Tata Steel workers on Tuesday said they would hold the Indian-owned company to its promise that it would not lay off workers until the end of 2021. Negative for Tata steel. • Tata Global Beverages (TGBL) and US-based Starbucks Coffee — continues to grow its business. It posted 26 per cent revenue growth in the September quarter, backed by expansion in new geographies and growth in existing store sales. Positive for Tata Global. • Concession Agreement signed between IRCTC and Karnataka State Tourism Development Corporation for taking over the operations, marketing and day to day maintenance of Golden Chariot Train. Positive for IRCTC • Wipro on Tuesday signed a memorandum of understanding with the University of Oulu in Finland to collaborate in the areas of wireless communications in 5G/6G at GHz, THz and lightwave frequencies under the university's 6G flagship programme. Positive for Wipro. • Unions of Tata Steel workers on Tuesday said they would hold the Indian-owned company to its promise that it would not lay off workers until the end of 2021. Negative for Tata steel. • Lupin on Tuesday said it has launched in the US generic potassium chloride for oral solution used for treatment and prevention of hypokalemia. Positive for Lupin. • Alkyl Amines Chemicals 30.44 percent stake held in Diamines and Chemicals Limited. Positive for Alkyl Amines Chemicals Market Insight 20 th Nov 2019 Nifty Short Term View News Buzz The Indian stock market opened on a positive note on Tuesday and stayed firm right through the session to eventually close with strong gains gains thanks to hectic buying in telecom and energy sectors.. Nifty ended up 55.6 points, at 11940.1. Nifty is stuck between 12030 to 11800 from last 14 trading sessions where index formed small body green candle in previous session. Positive trend may continue only if nifty breach the channel and sustain above 12030.
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Nifty Close R1 R2 S1 S2
11940.1 12025 12139 11791 11742
SENSEX NIFTY INDIAVIX BANKNIFTY 10YR G-SEC USDINR
40469.7 0.46%
11940.1 0.47%
15.41 -2.17%
31236.25 0.79%
6.47 -0.15%
71.71 0.19%
www.inventuregrowth.com
• Vehicle registrations across the country increased by nearly 4% in October year-on-year due to buying in the festive season, with two wheeler and passenger vehicle registrations marking a jump of 4% and 11%, respectively, while commercial vehicles dropped by 23%. Positive for automobile industry
• Yes Bank on Tuesday said RBI has found it underreported bad loans by Rs.3,277 crore in FY19 of which, the Bank said Rs.1,259 crore has already been classified as non-performing assets as on 30 September, 2019 and Rs.2,018 crore is the incremental bad loan. Negative for Yes Bank
• Unions of Tata Steel workers on Tuesday said they would hold the Indian-owned company to its promise that it would not lay off workers until the end of 2021. Negative for Tata steel.
• Tata Global Beverages (TGBL) and US-based Starbucks Coffee — continues to grow its business. It posted 26 per cent revenue growth in the September quarter, backed by expansion in new geographies and growth in existing store sales. Positive for Tata Global.
• Concession Agreement signed between IRCTC and Karnataka State Tourism Development Corporation for taking over the operations, marketing and day to day maintenance of Golden Chariot Train. Positive for IRCTC
• Wipro on Tuesday signed a memorandum of understanding with the University of Oulu in Finland to collaborate in the areas of wireless communications in 5G/6G at GHz, THz and lightwave frequencies under the university's 6G flagship programme. Positive for Wipro.
• Unions of Tata Steel workers on Tuesday said they would hold the Indian-owned company to its promise that it would not lay off workers until the end of 2021. Negative for Tata steel.
• Lupin on Tuesday said it has launched in the US generic potassium chloride for oral solution used for treatment and prevention of hypokalemia. Positive for Lupin.
• Alkyl Amines Chemicals 30.44 percent stake held in Diamines and Chemicals Limited. Positive for Alkyl Amines Chemicals
Market Insight 20th Nov 2019
Nifty Short Term View
News Buzz
The Indian stock market opened on a positive note on Tuesday and stayed firm right through the session to eventually close with strong gains gains thanks to hectic buying in telecom and energy sectors.. Nifty ended up 55.6 points, at 11940.1.
Nifty is stuck between 12030 to 11800 from last 14 trading sessions where index formed small body green candle in previous session. Positive trend may continue only if nifty breach the channel and sustain above 12030.
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OI
OI Change
Client 45.0%
DII 11.8%
FII 34.1%
Pro 9.1%
Index Fut OI %
54.5%
67.6%
39.4%
44.7%
45.5%
32.4%
60.6%
55.3%
Client
DII
FII
Pro
Future Index Long % Future Index Short %
Participant wise OI Activity ( Fig in ‘000 Contracts) Index Future OI %
Participant Type
Index Fut Activity
Call Activity
Put Activity
Retail 6.0 -28.1 37.1
DII -3.1 0.00 -0.4
FII -0.4 5.53 7.5
Pro -2.5 22.56 -44.2
Index NIFTY Change
Fut Closing 11969.15 0.4%
Prem /Disc 29.05 -7.35
OI Qty 1.68 cr. 1.8%
Nifty PCR 1.18
Highest OI 12000 CE 11900 PE
• FII added short Index future by 0.4k contracts and Client added long Index future by 6k contracts
• FII added Long calls by 5.5k contracts and added long puts by 7.5 k contracts
• Client unwounded the long calls by 28.1k contracts and added long puts by 37.1 k contracts
• Yesterday NIFTY future was up 0.4% with increase in O I by 1.83%.
• Put O I addition was seen at 11900 followed by 11850 which can act as short term support
• Call O I reduction was seen at 11950 followed by 11900.
Index BANKNIFTY Change
Fut Closing 31259.65 0.8%
Prem/Disc 23.40 -2.35
OI Qty 0.21 cr. 6.9%
Highest OI 32000 CE 30500 PE
• Yesterday BANKNIFTY future was up 0.78% with increase in O I by 6.87%.
• Put O I addition was seen at 31000 followed by 31200 which can act as short term support.
• Call O I reduction was seen at 31500 followed by 31000.
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