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RESEARCH

WEEKLY
DERIVATIVES REPORT
Nifty Stuck In The Band Of 6000-6300!

18th Oct 2010 to 23rd Oct 2010

6300
NIFTY
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6000
 Weekly Report Derivatives
18th OctWeekly Commodity
to 23rd Oct 2010 Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

Derivative Wrap - Nifty

Sentiment Indicator Nifty:

Particulars 15th Oct. 2010 08th Oct. 2010 %Change

Spot Nifty 6062.65 6103.45 -0.67

Nifty Futures ( Oct) 6092.00 6133.45 -0.67

Nifty CoC (%) +13.59 +8.97 +51.50

Open Interest 29946400 28834100 +3.85

Volume 512380 436097 +17.49

Nifty Snap
Last week the Nifty Index tumbled and closed below its 6100 mark at 6062.65. On weekly basis the Index lost
0.67%. On the derivatives front we have seen that the Nifty Futures prices declined along with an overall
addition of open interest and increase in the cost of carry, this is an indication of some longs being built at lower
levels. For the coming week the Nifty Index has strong supports at 5990-5900 levels, if we continue to sustain
decisively below the 5900 levels than caution is advised as below these levels the selling pressure may continue
and in that case the next supports are at 5775-5786 levels whereas on the upside Nifty would continue to face
immediate Resistance in the vicinity of 6190/6225 levels.

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 Weekly Report Derivatives
18th OctWeekly Commodity
to 23rd Oct 2010 Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

Derivative Wrap - Bank Nifty

Sentiment Indicator Bank Nifty:

Particulars 15th Oct. 2010 08th Oct. 2010 %Change
Spot Bank Nifty 12346.45 12473.40 -1.01

Bank Nifty Futures (Oct) 12436.70 12530.55 -0.75

BankNifty CoC (%) +20.52 +8.36 +145.45

Open Interest 1631075 1687850 -3.36

Volume 57059 51352 +11.11

Bank Nifty Snap

Last week the Bank Nifty Index tumbled nearly one percent and settled at 12346.45. On the derivatives front
we have seen that the Bank Nifty Futures prices declined along with some shredding of open interest but with
an increase in the cost of carry, this is an indication of some long closures at higher levels. For the coming week
the Bank Nifty Index strong support is seen at 11905 levels whereas on the upside it would continue to face
resistance at its 12584/12740/12827 levels.

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 Weekly Report Derivatives
18th OctWeekly Commodity
to 23rd Oct 2010 Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

Derivative Wrap - CNX IT

Sentiment Indicator CNX IT:

Particulars 15th Oct. 2010 08th Oct. 2010 %Change

Spot CNX IT 6730.10 6710.65 +0.29

CNX IT Futures (Oct) 6729.80 6738.70 -0.13

CNX IT CoC (%) +0.00 +7.62 -100.00

Open Interest 16900 13450 +25.65

Volume 472 214 +120.56

CNX IT Snap
Last week the CNX IT Index ended flat at 6730.10 Mark gaining 0.29%. On the derivatives front we have seen
that the CNX IT Futures prices ended in the red territory along with decline in the cost of carry and addition of
open interest, this is an indication of some shorts being built at higher levels. For the coming week, the index
would continue to face Resistance at its 6890/7000 levels whereas on the downside support is seen at
6617/6474 levels.

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 Weekly Report Derivatives
18th OctWeekly Commodity
to 23rd Oct 2010 Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

Options Snap

From the OI Concentration (Oct. Series) we can see that maximum addition of open interest on the call options
front is existent at strike price of 6200-6300 indicating it as the resistance zone on the upside whereas on the
put options front we have seen maximum addition of open interest at strike price of 6000 indicating it as a
strong support on the downside.

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 Weekly Report Derivatives
18th OctWeekly Commodity
to 23rd Oct 2010 Report
1st March to 6th Mar 2010
RESEARCH
RESEARCH

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