Daily Technical Equity Research Report
Date :- 11 May 2016
Nifty Spot (Daily Chart) CMP :- 7887.80
View :- Bullish
Nifty Spot View
Nifty traded with firm sentiments in intraday
session on buying support from traders. Next
important support seen at 7820 level. Nifty likely
to trade with firm sentiments in today’s session
on buying support. Nifty likely to trade with firm
sentiments and 7950 at higher side will be the
trend deciding level for intraday session. Lower
side support seen at 7820 levels. However, some
profit booking may bring volatility in Nifty.
Applying momentum Indicator RSI for 14-day
period trading at level of 59.53 indicates positive
trend.
R2
7970
Nifty Spot Pivot Points
R1
Pivot Point
S1
7930
7875.28
7850
S2
7810
Nifty Spot Weekly Range
7700
8100
Nifty Future Intraday Level
Previous close
Buy Above
7960
7919.75
7990
8010
Sell Below
7890
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Target
8035
8071
8095
7775
7740
Target
7860
7825
7795
Bank Nifty Future (Daily Chart) CMP :- 16853.8
View :- Bullish
Bank Nifty Future View
Bank Nifty traded with firm sentiments on buying
support by traders. It likely to trade with firm
sentiments in intraday session on buying support.
Bank Nifty has next resistance at 17050 levels
while 16600 is the strong support for the same. If
Bank Nifty continues to trade firm then it may test
next resistance of 17050 levels. Technically, Fall in
volume and rise in open interest with firm price
movement indicates sideways to firm price
movement in intraday session.
Bank Nifty Future Pivot Points
R2
R1
Pivot Point
S1
S2
17020
16930
16900.52
16830
16750
Bank Nifty Future Trading Weekly Range
16300
17500
Bank Nifty Future Intraday Level
Previous close
Buy Above
16930
16853.8
16985
17010
Sell Below
16820
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Target
17045
17095
17130
16615
16570
Target
16750
16690
16650
USDINR Intraday Future Level
Previous close
Buy Above
Target
66.95
66.8925
67.05
67.18
67.30
Sell Below
67.45
67.58
66.39
66.25
Target
66.82
66.72
66.60
66.52
FII Derivatives Statistics For 10 May 2016
BUY
Contracts
INDEX FUTURES
INDEX OPTIONS
STOCK FUTURES
STOCK OPTIONS
16192
337686
68836
42839
SELL
OPEN INTEREST
Amt
Contracts
Amt
Contracts
Amt
NET
VALUE
Amt (Cr)
908.76
19367.21
3482.68
2138.04
22642
332238
83139
42243
1286.34
19079.72
4214.77
2113.03
241548
1094272
1013401
66689
13985.24
64207.27
48982.69
3256.08
-377.58
287.49
-732.09
25.01
FII/DII Trading Activity on BSE, NSE & MCX-SX in Capital Market Segment 10 May 2016
Category
Date
Buy Value
Sale Value
Net Value
FII
10/05/2016
3,858.41
3,529.82
328.59
DII
10/05/2016
1,647.05
1,578.85
68.20
Product
Put Call Ratio
Index Futures
Stock Futures
2,37,912
13,306.84
-
4,74,213
24,054.30
-
Index Options
Stock Options
F&O Total
23,41,839
1,36,383.62
0.94
2,59,071
33,13,035
13,268.57
1,87,013.33
0.45
0.87
Symbol
GRASIM
DRREDDY
AXISBANK
HINDUNILVR
LT
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Trade Stats
No. of contracts
Turnover (cr.)
Nifty Gainers
LTP
4275.00
2926.10
487.10
862.75
1320.95
Nifty Losers
% Change
3.41
3.03
2.10
2.04
2.04
Symbol
TATAMOTORS
TATAMTRDVR
HINDALCO
ONGC
NTPC
LTP
390.20
281.70
89.95
208.00
141.00
% Change
-3.26
-2.63
-1.91
-1.70
-1.54
Sale
Value
Buy Value
Net Value
Recommendation :Derivative call
:-
Buy KOTAKBANK May Fut between Range 720-725 Tgt 760 Stop loss 710
Name
Milan Shah (Sr.Technical Analyst)
Email
Contact
[email protected]
(079) 40001106/07 Ext :- 206/207
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