Friday, November 26, 2010

Options/futures data for 25th Nov (EOD)


Summary:
1. The DEC OI table doesn't display that bearishness that we have been used to in the last few days of NOV series.
2. To me 5900 is a balanced level with & 6000 is a bit of a resistance.
3. 5800 is the support with multiple supports below 5800.
4. Both 5900/6000CEs added 10L/8L respectively yesterday which looks like call buying given that very little calls were written @5800.


Nifty Futures:
2.6Cr OI up 29% (58L shares added) - Again 100% rollover + some new OI added. DEC series starts off with 14L more OI than what NOV started off with.


Banknifty Futures:
14L OI up 12% (1.5L shares added) - Little less than 100% rollover on last day. DEC series starts with almost 1L less OI than what NOV series started off with.