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Nifty Close Trend R1 R2 S1 S2
11877.45 Consolidation 11981 12114 11708 11593
SENSEX NIFTY INDIAVIX BANKNIFTY 10YR G-SEC USDINR
40129.05 0.19%
11877.45 0.28%
16.28 -2.27%
30066.25 0.26%
6.45 -0.68%
70.98 -0.12%
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• Gross domestic product grew by more than a six-year low of 5 per cent in the first quarter. Core sector rose just 0.1 per cent in August. The sector, which has over 40 per cent weight in the index of industrial production (IIP), grew by just 1.3 per cent in the first half of 2019-20 against 5.5 per cent YoY. Negative for Market.
• Automobile maker Mahindra and Mahindra Ltd has received a patent for its multimodal solar power system, which reduces the electric load demand on vehicle battery, and supports the operation of an air-conditioner. This innovation will help increase the life of vehicle batteries and reduce greenhouse gas emissions. Positive for Mahindra & Mahindra.
• Reliance Jio said its older competitors, Vodafone Idea and Bharti Airtel, should get no easing of terms on the Supreme Court order to deposit past dues within the stipulated three months. Negative for Vodafone Idea and Bharati Airtel.
• TVS Motor Company and Bajaj Auto have settled a decade-old dispute related to patent rights for spark plugs. Positive for Bajaj Auto and TVS Motor.
• Indian Oil Corp on Thursday reported an 83% drop in second quarter net profit on the back of slump in refinery margins and inventory losses. Net profit in July-September at ₹564 crore was 82.6% lower than ₹3,247 crore net profit in the year-ago Period. The company earned $1.28 on turning every barrel of crude oil into fuel in July-September as compared to gross refining margin of $6.79 per barrel in Q2 of the previous fiscal. Negative for IOC.
• HCL Technologies launches a dedicated Google Cloud Business Unit to accelerate enterprise cloud adoption Positive for HCL Technologies.
• Jindal Saw Q2 Net profit at Rs 301 crore versus Rs 97.18 crore, revenue down 9.4% at Rs 2,681.6 crore versus Rs 2,960.1 crore, YoY. Positive for Jindal Saw
Market Insight 01st Nov 2019
Nifty Short Term View
News Buzz
Indian shares eked out modest gains on Thursday, after the release of weak Chinese data and amid fresh doubts about whether the U.S. and China will be able to reach a comprehensive long-term trade deal. Nifty ended the session up 37.10 points, at 11,881.20.
Nifty formed yet another reversal candle on a daily chart. where in previous session it formed evening star pattern which indicates exhaustion of current trend. We may see some profit booking at higher levels till 11708 level.
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OI Change
Client 44.7%
DII 14.9%
FII 32.7%
Pro 7.6%
Index Fut OI %
49.9%
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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 -6.2 -50.8 -82.7
DII -2.6 -0.11 -2.9
FII 10.4 2.48 -24.9
Pro -1.5 48.43 110.4
Index NIFTY Change
Fut Closing 11914.8 0.6%
Prem /Disc 37.35 41.25
OI Qty 1.49 cr. -12.6%
Nifty PCR 1.05
Highest OI 11800 CE 11600 PE
• FII covered the short Index future by 10.4k contracts and Client unwounded the long Index future by 6.2k contracts
• FII Covered the short calls by 2.5k contracts and unwounded the long puts by 24.9 k contracts
• Client unwounded the long calls by 50.8k contracts and unwounded the long puts by 82.7 k contracts
• Yesterday NIFTY future was up 0.63% with decrease in O I by 12.6%.
• Put O I addition was seen at 11800 followed by 11900 which can act as short term support
• Call O I addition was seen at 11900 followed by 12000. which can act as short term resistance
Index BANKNIFTY Change
Fut Closing 30107.5 0.4%
Prem/Disc 41.25 42.30
OI Qty 0.08 cr. -39.7%
Highest OI 31000 CE 29500 PE
• Yesterday BANKNIFTY future was up 0.4% with decrease in O I by 39.71%.
• Put O I addition was seen at 30000 followed by 29500 which can act as short term support.
• Call O I addition was seen at 30500 followed by 30200 which can act as short term resistance.
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Derivative Activity
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Stock Future & Option Activity
Open Interest Gainers
Symbol Trend Future Price
Price Chng %
Fut OI Chng %
UBL Bearish 1280.7 1.1% 15.8%
TATAGLOBAL Bullish 318.25 9.2% 13.6%
CIPLA Bearish 469.7 1.0% 3.5%
ACC Bullish 1574.9 2.7% 2.9%
TECHM Bullish 742.25 -1.9% 1.8%
Open interest Losers
Symbol Trend Future Price
Price Chng %
Fut OI Chng %
ONGC Bullish 139.5 -0.9% -67.7%
INFRATEL Bearish 190.15 3.5% -42.3%
IOC Bearish 146.55 -0.4% -39.9%
GODREJCP Bullish 740.35 1.1% -38.8%
RBLBANK Bullish 310.6 7.6% -38.7%
Volume Gainers
Symbol Trend Future Price
Price Chng %
3 Day Vol Chng %
TATAGLOBAL Bullish 318.25 9.2% 123.1%
HCLTECH Bullish 1165.9 1.8% 81.4%
BERGEPAINT Bullish 502.35 0.9% 67.4%
DABUR Bullish 462.5 0.4% 67.3%
CONCOR Bearish 590.6 -0.4% 67.0%
Highest Position Carry forward %
Symbol Trend Future Price
Price Chng %
O I Chng / Volume
UBL Bearish 1280.7 1.1% 22.1%
CIPLA Bearish 469.7 1.0% 5.8%
TATAGLOBAL Bullish 318.25 9.2% 4.3%
ACC Bullish 1574.9 2.7% 4.1%
TECHM Bullish 742.25 -1.9% 3.3%
Stocks Near Highest Call Open Interest
Symbol Trend Future Price
Highest Call OI
No of Contracts
TATAMOTORS Bullish 177.8 180 910
VEDL Bearish 148.85 150 280
ZEEL Bearish 261.35 260 231
Stocks Near Highest Put Open Interest
Symbol Trend Future Price
Highest Put OI
No of Contracts
SRF Bullish 2878.75 2900 43
HEXAWARE Bearish 332.05 330 15
BOSCHLTD 15366.4 15500 9
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Symbol Futures
Close O I Activity Trend
Highest Call OI
Highest Put OI
R3 R2 R1 Mid
Point S1 S2 S3
BANKNIFTY 30066.25 Short Covering Neutral 31000 29500 30961.2 30493.0 30177.4 30026.4 29875.3 29559.7 29091.5
NIFTY 11877.45 Short Covering Neutral 11800 11600 12082.8 11970.6 11895.0 11858.8 11822.6 11747.0 11634.8
ADANIPORTS 395.8 Neutral Neutral 420 400 411.9 404.5 399.5 397.1 394.7 389.7 382.2
ASIANPAINT 1809.6 Neutral Neutral 1840 1800 1870.3 1842.1 1823.0 1813.9 1804.8 1785.8 1757.6
AXISBANK 736.35 Long Unwinding Down 750 700 768.4 754.8 745.7 741.3 736.9 727.8 714.2
BAJAJ-AUTO 3247.35 Short Covering Neutral 3300 3000 3323.0 3278.3 3248.2 3233.8 3219.4 3189.2 3144.5
BAJAJFINSV 8134.55 Neutral Neutral 8500 8000 8388.2 8247.4 8152.5 8107.1 8061.7 7966.7 7826.0
BAJFINANCE 4027.5 Short Covering Neutral 4000 3900 4172.8 4091.8 4037.2 4011.1 3985.0 3930.4 3849.5
BHARTIARTL 374.25 Short Covering Up 370 360 388.5 379.8 374.0 371.2 368.4 362.6 353.9
BPCL 526.6 Short Covering Neutral 550 400 553.8 539.9 530.6 526.1 521.6 512.3 498.4
BRITANNIA 3266.6 Neutral Neutral 3500 3000 3400.4 3337.3 3294.8 3274.5 3254.2 3211.7 3148.6
CIPLA 466.85 Long Built-up Neutral 460 440 481.9 473.9 468.5 466.0 463.4 458.0 450.0
COALINDIA 207.55 Short Covering Neutral 210 200 214.9 210.9 208.2 206.9 205.6 202.9 198.9
DRREDDY 2783.2 Neutral Up 3000 2600 2834.6 2801.9 2779.8 2769.3 2758.8 2736.7 2704.0
EICHERMOT 22538.35 Short Covering Neutral 23000 20000 23699.1 23096.9 22690.8 22496.5 22302.2 21896.2 21293.9
GAIL 137.35 Short Covering Up 140 130 141.3 138.4 136.4 135.5 134.5 132.6 129.7
GRASIM 768.75 Short Covering Up 800 700 789.9 770.8 757.9 751.8 745.6 732.8 713.7
HCLTECH 1162.75 Short Covering Up 1200 1060 1186.2 1169.9 1159.0 1153.8 1148.5 1137.6 1121.4
HDFC 2131.95 Short Covering Up 2200 2100 2177.6 2147.9 2127.8 2118.3 2108.7 2088.6 2058.9
HDFCBANK 1230.35 Long Unwinding Down 1300 1200 1275.0 1256.7 1244.3 1238.4 1232.5 1220.1 1201.8
HEROMOTOCO 2704.2 Short Covering Neutral 2800 2550 2797.8 2746.0 2711.2 2694.5 2677.8 2643.0 2591.2
HINDALCO 187.9 Short Covering Neutral 200 180 193.5 190.6 188.7 187.7 186.8 184.8 181.9
HINDUNILVR 2175.4 Short Covering Neutral 2200 2100 2226.3 2198.5 2179.7 2170.7 2161.7 2142.9 2115.1
ICICIBANK 463.05 Long Unwinding Down 500 440 486.6 476.8 470.3 467.1 463.9 457.4 447.6
INDUSINDBK 1313.15 Short Covering Neutral 1400 1200 1379.2 1341.8 1316.6 1304.5 1292.4 1267.2 1229.8
INFRATEL 189.7 Short Covering Up 200 180 200.6 193.7 189.0 186.7 184.4 179.7 172.8
INFY 685.6 Short Covering Up 700 740 723.4 698.3 681.5 673.4 665.4 648.5 623.5
IOC 146.8 Long Unwinding Neutral 150 140 152.1 149.5 147.8 147.0 146.2 144.5 141.9
ITC 257.65 Long Unwinding Neutral 270 250 266.1 262.3 259.8 258.6 257.4 254.8 251.1
JSWSTEEL 228 Long Unwinding Down 240 220 242.3 236.8 233.0 231.2 229.4 225.6 220.1
KOTAKBANK 1574.45 Neutral Neutral 1600 1500 1622.7 1599.5 1583.8 1576.4 1568.9 1553.2 1530.0
LT 1473.05 Short Covering Neutral 1500 1600 1522.2 1498.0 1481.8 1474.0 1466.2 1450.0 1425.8
M&M 606.45 Long Unwinding Down 650 600 636.7 623.8 615.1 610.9 606.7 598.0 585.1
MARUTI 7559.35 Neutral Neutral 7000 7000 7897.7 7731.3 7619.0 7565.4 7511.7 7399.4 7233.0
NESTLEIND 14947.25 Short Covering Neutral 15000 14500 15388.4 15176.2 15033.2 14964.7 14896.2 14753.2 14541.0
NTPC 122.4 Short Covering Up 125 120 124.5 123.0 122.1 121.6 121.1 120.2 118.7
ONGC 141.7 Long Unwinding Neutral 150 140 146.6 143.9 142.1 141.2 140.3 138.5 135.8
POWERGRID 198.35 Long Unwinding Down 205 200 204.0 201.7 200.1 199.3 198.5 196.9 194.6
RELIANCE 1464.35 Long Unwinding Neutral 1500 1400 1516.7 1493.8 1478.3 1470.9 1463.5 1448.0 1425.0
SBIN 312.4 Short Covering Up 320 300 321.1 311.0 304.2 300.9 297.7 290.8 280.7
SUNPHARMA 433.4 Short Covering Neutral 500 420 443.4 437.5 433.6 431.7 429.8 425.9 420.1
TATAMOTORS 177.7 Short Covering Neutral 180 150 195.0 184.9 178.1 174.9 171.7 164.9 154.8
TATASTEEL 380.55 Long Unwinding Neutral 400 450 402.9 393.3 386.8 383.7 380.5 374.0 364.4
TCS 2269.65 Short Covering Up 2200 1980 2324.9 2291.6 2269.1 2258.4 2247.6 2225.2 2191.9
TECHM 739 Short Built-up Down 800 700 769.1 758.4 751.2 747.7 744.2 737.0 726.3
TITAN 1331.2 Short Covering Neutral 1400 1200 1371.8 1347.8 1331.7 1324.0 1316.3 1300.1 1276.2
ULTRACEMCO 4143.2 Short Covering Neutral 4300 4800 4297.9 4216.6 4161.8 4135.6 4109.4 4054.6 3973.3
UPL 596.45 Short Covering Up 600 570 606.7 598.7 593.3 590.8 588.2 582.8 574.8
VEDL 148.35 Long Unwinding Neutral 150 150 156.6 152.9 150.5 149.3 148.1 145.7 142.0
WIPRO 259.3 Short Covering Up 260 250 263.1 260.2 258.2 257.2 256.3 254.3 251.4
YESBANK 70.4 Short Covering Up 80 60 74.9 69.2 65.4 63.5 61.7 57.9 52.2
ZEEL 260.6 Short Covering Up 260 200 268.4 258.3 251.4 248.1 244.8 237.9 227.8
Nifty 50 Daily Volatility Levels
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