www.capitalvia.

com

RESEARCH

WEEKLY
DERIVATIVES REPORT
Long Accumulation on dips continues to take Indices Higher!

19th Jul 2010 to 24th Jul 2010

www.capitalvia.com
 Weekly Report Derivatives
19th JulWeekly
to 24th Commodity
Jul 2010 Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

Derivative Wrap - Nifty

Sentiment Indicator Nifty:

Particulars 16th July 2010 9th July 2010 %Change

Spot Nifty 5393.90 5352.45 +0.77

Nifty Futures July 5398.25 5354.05 +0.82

Nifty CoC (%) +2.26 +0.54 +318.51

Open Interest 36316650 33142700 +9.57

Volume 270901 333594 -18.79

Nifty Snap
Last week the Nifty ended with nominal gains of 0.77% at 5393.90. The Nifty touched high of 5453.45 in the
previous week but could not sustain at higher levels. On the derivatives front we can see that the Nifty Futures
prices ended in the positive terrain along with an overall addition of open interest and increase in the cost of
carry on weekly basis, this is an indication of overall long accumulation at lower levels. For the coming week
Nifty is likely to face Resistance at its immediate top at 5453 and 5500-5550 levels whereas on the downside
Support is seen at 5320/5235/5170 levels.

www.capitalvia.com | 2
 Weekly Report Derivatives
19th JulWeekly
to 24th Commodity
Jul 2010 Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

Derivative Wrap - Bank Nifty

Sentiment Indicator Bank Nifty:

Particulars 16th July 2010 9th July 2010 %Change
Spot Bank Nifty 10013.45 9713.70 +3.08

Bank Nifty Futures July 9990.85 9686.60 +3.14

BankNifty CoC (%) -6.33 -5.09 -24.36

Open Interest 2502700 1813050 +38.03

Volume 38870 44904 -13.43

Bank Nifty Snap

Last week the Bank Nifty Index ended above its 10000 mark gaining 3% on weekly basis to give a close at
10013.45. On the derivatives front the Bank Nifty futures prices ended in the positive territory along with an
overall addition of open interest but decline in the cost of carry, this is an indication of some shorts being built in
it at higher levels. For the coming week Bank Nifty is likely to face Resistance at its 10061/10124 Mark, a
decisive maintenance above this mark may continue the ride in it and in that case it may head upwards towards
it 10333/10645 levels whereas on the downside Strong Support is seen at 9865/9725/9615 levels.

www.capitalvia.com | 3
 Weekly Report Derivatives
19th JulWeekly
to 24th Commodity
Jul 2010 Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

Derivative Wrap - CNX IT

Sentiment Indicator CNX IT:

Particulars 16th July 2010 9th July 2010 %Change

Spot CNX IT 6086.10 6108.40 -0.36

CNX IT Futures July 6088.95 6106.35 -0.28

CNX IT CoC (%) +1.31 -0.61 +314.75

Open Interest 33750 17900 +88.54

Volume 380 258 +47.28

CNX IT Snap
The CNX IT Index last week ended in the red territory at 6086.10 Mark. On the derivatives front the CNX IT
Futures slipped along with an increase in the cost of carry and addition of open interest this is an indication of
longs being built at lower levels. For the coming week CNX IT Index Support is seen at 5940/5830 levels
whereas on the upside Resistance will be faced at 6130/6240/6288 levels.

www.capitalvia.com | 4
 Weekly Report Derivatives
19th JulWeekly
to 24th Commodity
Jul 2010 Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

Options Snap

From the OI Concentration Chart (July Series) we can see that maximum accumulation of open interest on the
put options front is seen at strike price of 5300 and 5200 indicating it as a good support zone on the downside
whereas on the call options front we have seen addition of open interest at strike price of 5400 and 5500
indicating it as the hurdle zone on the upside.

www.capitalvia.com | 5
 Weekly Report Derivatives
19th JulWeekly
to 24th Commodity
Jul 2010 Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

Disclaimer

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them
the most.

Investment in Stocks has its own risks. Sincere efforts have been made to present the right investment perspective. The
information contained herein is based on analysis and up on sources that we consider reliable. We, however, do not vouch for
the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss
incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the
recommendations above.

The stock price projections shown are not necessarily indicative of future price performance. The information herein, together
with all estimates and forecasts, can change without notice.

CapitalVia does not purport to be an invitation or an offer to buy or sell any financial instrument.

Analyst or any person related to CapitalVia might be holding positions in the stocks recommended.

It is understood that anyone who is browsing through the site has done so at his free will and does not read any views
expressed as a recommendation for which either the site or its owners or anyone can be held responsible for.

Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or
Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal
Actions can be taken.

Any surfing and reading of the information is the acceptance of this disclaimer.

All Rights Reserved.

www.capitalvia.com | 6