Wednesday, September 29, 2010

Options/futures data for 28th Sep (EOD)


Summary:
1. Options table is getting simpler. 6100 is the resistance with 74L calls vs 53L puts. BUT, the most noticeable trend in last two days is relentless addition of 6100PEs. If it continues expiry closer to 6100 becomes a possibility.
2. Support at 6000 remains strong with 83L puts vs 52L calls. Looking at call covering at 6000, it does seem like expiry above 6000 is a very good possibility.
3. PCR has hit 1.98! The high PCR has almost capped the rise in this market until expiry.


Nifty Futures:
SEP: 2.1Cr OI down 16% (41L shares cut from OI)
OCT: 1.8Cr OI up 35% (47L shares added to OI) -- First time we have seen strong rollovers in Nifty.


Banknifty Futures:
SEP: 14L OI down 16% (2.8L shares cut from OI)
OCT: 8.7L OI up 34% (2.3L shares added to OI) -- Rollovers in Banknifty have picked up since last two days.

1 comments:

Girish Desai said...

Value areas For Sept Futures :

Nifty : 6056-6051-6033
BN : 12306-12292-12252