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DERIVATIVE REPORT 28th November 2016

Prepared by: Meenakshi Pal

Sr. Research Analyst

28th November 2016

NIFTY DAILY CHART

.

NIFTY FUTURE

NIFTY FUTURE : R1:8174 R2:8223 R3:8307

PIVOT :8090 S1:8042 S2:7957 S3:7909

NIFTY OUTLOOK

The Sensex, Nifty kick started the December series on a positive note. Positive global indices, rupee appreciation and also steel makers extended gains after the government imposed anti-dumping duties on some imports lifted the Indian stock markets on Friday. Sensex and Nifty reclaimed their psychological 26,300 and 8,100 levels respectively. Nifty closed with a gain of 142 points at 8,107. The NSE Nifty opened at 8,008 hitting a high of 8,122 and low of 7,977. Sentiments remained up-beat from the start of the session with Finance Minister Arun Jaitley saying that the government’s

demonetisation move is going to have a positive impact on the economy, including GDP. The India VIX (Volatility) index was up 2.63% at 17.6125. The rupee was trading marginally up by 32 paise at 68.41 per US dollar. On the global front, Asian stocks closed higher. The Shanghai Composite index and Hong Kong’s Hang Seng index closed

higher by 1%. Nikkei 225 ended in green. European stocks were trading mostly in red due to lack of cues from the U.S. Markets. CAC 40 is trading in green, while FTSE 100 and DAX are trading lower.

Nifty open Flat on Friday and shown bullish trend over the full trading hour’s . nifty have support at 7920-7900 on daily chart. If nifty not breach that level, next new level for nifty would be 8150-8170. Down side level of nifty may be 7800-7850.

28th November 2016

NIFTY BANK DAILY CHART

S

NIFTY BANK FUTURE

BANK NIFTY FUTURE : R1:18697 R2:18813 R3:19006

PIVOT :18504 S1:18388 S2:18195 S3:18079

NIFTY OUTLOOK Bank nifty open flat today and showing bullish movement over the full market hour’s. Bank nifty on technical chart trade below the level of 19000, below that level next level for bank nifty would be 18200-18000. Above the level of 19300 upside movement can be seen. YES BANK (+4.27%) and INDUSIND BANK (+2.77%) is the top gainers of the day.

Bank nifty Open Flat at 18311.00, to its previous closing 18392.25 on Friday and touched high of 18620. bank nifty trade below the level of 19000, and made a low of 18263.95. 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.

NIFTY BANK OUTLOOK

28th November 2016

USDINR

USDINR : R1:68.65 R2:68.88 R3:69.06

PIVOT : 68.47 S1:68.24 S2:68.06 S3:67.83

GLOBAL MARKETS

NAME CHANGE % CHANGE FTSE 100 11.55 0.17 CAC 40 7.71 0.17

DAX 10.01 0.09

NAME CHANGE % CHANGE NIKKEI 225 47.81 0.26

STRAITS TIMES 15.61 0.55 HANG SENG 114.96 0.51

TAIWAN WEIGHTED 6.96 0.08

ADVANCES / DECLINES RATIO

ADVANCE DECLINE UNCHANGED TOTALS 1380 257 50 1687

The rupee today closed higher by 27 paise at 68.46/47 against the US dollar compared to previous close of 68.73. The domestic currency also firmed up against the pound sterling to settle at Rs 85.28/30 per pound at the Interbank Foreign Exchange market today. Following are the Interbank forex and RBI rates: (In Rs Per Unit) Unit Interbank RBI Reference US Dollar 68.46/47 US Dollar Rs. 68.4626 Pound Sterling 85.28/30 Euro Rs. 72.3855 Euro 72.53/55 Japanese Yen(100) 60.66/68.

European markets finished higher on Friday with shares in France leading the region. The CAC 40 is up 0.17% while London's FTSE 100 is up 0.17% and Germany's DAX is up 0.09%.

Asian markets finished higher on Friday with shares in China leading the region. The Shanghai Composite is up 0.62% while Hong Kong's Hang Seng is up 0.51% and Japan's Nikkei 225 is up 0.26%.

ASIAN MARKET

EUROPEAN MARKET

28th November 2016

Name Change % Change Open High Low

Nifty 50 148.80 1.83 8007.95 8122.25 7976.75 Nifty Bank 251.20 1.36 18377.55 18546.35 18266.60 Nifty Metal 46.15 1.67 2732.70 2776.85 2729.35 Nifty Pharma 322.55 2.91 10835.60 11116.60 10754.30 Nifty Realty 762.50 1.53 163.30 164.00 160.75

BUY SELL OPEN INTEREST AT THE END OF THE DAY

No. Of Contracts

Amt. (In. Crores)

No. Of Contracts

Amt. (In. Crores)

No. Of Contracts

Amt. (In. Crores)

INDEX FUTURES 30801 1940.28 20082 1301.94 142483 8977.65 INDEX OPTIONS 481155 31331.74 443252 28910.06 803205 49591.75 STOCK FUTURES 112345 6955.71 94226 5921.85 805353 48304.14 STOCK OPTIONS 41163 2692.37 38824 2559.10 27340 1695.60

INDIAN MARKETS

Name Change % Change Open High Low

Sensex 456.17 1.73 25953.24 26343.95 25874.45

S&P BSE Small Cap

235.42 1.96

11822.92 12038.80 11822.72

S&P BSE Midcap

156.76 1.29 12039.79 12199.19 12035.97

FII/DII ACTIVITY

28th November 2016

Company Prev. Close(Rs.) Current Price(Rs.) % Change TECH MAHINDRA 458.65 487.25 +6.24 TATA CONSULT. 2188.45 2300.35 +5.11 INFOSYS 930.30 977.50 +5.07 SUN PHARMA 682.50 714.15 +4.64 HCL TECH. 767.80 801.95 +4.45

Company Prev. Close(Rs.) Current Price(Rs.) % Change BHARTI INFRA. 360.40 355.60 -1.33 ACC 1325.15 1309.40 -1.19 BAJAJ AUTO 2630.90 2613.05 -0.68 EICHER MOTORS 20356.60 20222.55 -0.66 BHARTI AIRTEL 302.40 301.00 -0.46

TOP GAINERS VS. TOP LOSERS

TOP GAINERS

TOP LOSERS

28th November 2016

ERL RESEARCH TEAM

Member Name Designation E-mail ID Mr. Tuhinanshu Jain Research Head Tuhinanshu.jain@equityresearchlab.co.in Mr. Yogesh Subnani Sr. Research Analyst Yogesh.subnani@equityresearchlab.co.in Miss. Meenakshi Pal Sr. Research Analyst Meenakshi.pal@equityresearchlab.co.in

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