Derivative Big Shot-Indian Market View, VOL-024
Finaux Alpha 6 Investment Advisor Pvt LtdNifty Futures: 15300.00 (+2.29%)
Bank Nifty Futures: 36485.00 (+2.91%)
USDINR: 72.87(-0.51%)
India Vix: 22.09 (-6.42%)
FII Data (Approx.)
Institution/Daily Net Position/Monthly Net Position (Derivatives, In Crores...)
FII (+2,088.70) (+4,437.01)
DII (+392.91) (-656.01)
FII Futures (-4,506) (-6,757)
FII Options (3,108) (+38,487)
Put Call Ratio/Maximum Pain
NIFTY 1.31/14500
BANK NIFTY 1.13/34000
Stocks in the news
IRCTC: The company will operate trips through Golden Chariot from March 14.
Nifty- Option Chain
Maximum CE open interest of 37.92 lakhs contracts was seen at 15500 strikes, which will act as a crucial resistance, while maximum PE open interest of 27.85 lakh contracts was seen at 15000 strikes.
Support levels- 14900 & 14830.
Resistance levels- 15500 and 15680.
Bank Nifty- Option Chain
Maximum CE open interest of 11.41 lakhs contracts was seen at 37200 strikes which will act as a crucial resistance, while maximum PE open interest of 8.56 lakh contracts was seen at 35000 strikes.
Support levels- 35300 & 35000.
Resistance levels- 37200 & 37800.
Top Pick
Buy SBIN futures around 402. Stop Loss 395. Target 420.
UBL – Profit Booked
Auro Pharma (Intraday exited, Rest hold)
Read disclaimer before investing. For queries, contact your RM or email us at research@indianmarketview.com