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8700 1.30
8,800 25
1.25
8600
1.20
8,600 20 8500
1.15
Nifty OI (Mn.)
Nifty
8400
PCR
1.10
8,400 15 8300
1.05
Nifty
8200
1.00
8,200 10 8100 0.95
8000 0.90
8,000 5
7900 0.85
7800 0.80
7,800 0
2-Feb
4-Feb
6-Feb
8-Feb
10-Feb
3-Jan
5-Jan
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15-Jan
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25-Jan
27-Jan
29-Jan
31-Jan
2-Jan
3-Jan
4-Jan
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11-Jan
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13-Jan
16-Jan
17-Jan
18-Jan
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25-Jan
27-Jan
30-Jan
31-Jan
1-Feb
2-Feb
3-Feb
6-Feb
7-Feb
8-Feb
9-Feb
10-Feb
Nifty PCR
Nifty OI Nifty
Sectoral Activity
14
1. Last week, Capital Goods, Pharma, FMCG, and Metals stocks saw
12
open interest addition. Top names included CROMPGREAV,
10
SIEMENS, TORNTPHARMA, LUPIN, COLPAL, BATAINDIA,
8
HINDALCO, and SAIL
Open Interest %
6
2. Cement stocks saw open interest unwinding on the back of short
4
covering, especially in ACC, GRASIM, and AMBUJACEM.
2
3. From the Pharma space, TORNTPHARMA, CIPLA, and DRREDDY
0 have seen short build up.
Finance
Banking
Media
Realty
Metals
Others
Infrastructure
Capital_Goods
FMCG
Automobile
Power
Index
Pharma
Cement
Oil_Gas
Fertilisers
Technology
Textile
Telecom
Weekly Recommendation
MCDOWELL-N (CMP-2360.8): The stock futures has seen open interest addition last week to the tune of 9% along with
positive price action, indicating long build up. Technically, the stock on the daily scale has seen a flag pattern breakout with
volumes, closing above its 200 DMA. The stock can be bought around 2290-2310 with a stop loss of 2240 on closing basis for
a target of 2450-2470 in the short term.
Target: 2470 Stop Loss: 2240
40
levels would act as the resistance zone
30 on the upside. On the Put options
front, maximum addition of open
20
interest is at the strike prices of 8700
10 and 8500 (with nearly 47.57 lacs and
0 61.48 lacs shares outstanding
8500 8600 8700 8800 8900 9000 9100 respectively), indicating a stronger
STRIKE PRICE support zone on the downside.
CE PE
8,300
VIX
14
8,200
8,100
8,000 13
7,900
7,800 12
2-Feb
4-Feb
6-Feb
8-Feb
10-Feb
30-Dec
1-Jan
3-Jan
5-Jan
7-Jan
9-Jan
11-Jan
13-Jan
15-Jan
17-Jan
19-Jan
21-Jan
23-Jan
25-Jan
27-Jan
29-Jan
31-Jan
Nifty VIX
Observation: Any Rise in India Vix this week would lead to either side movement in the index. As per the above chart, India Vix has strong
support at around 12.00 and the resistance stands at 15.50.
Retail Research Desk: Information pertaining to Asit C. Mehta Investment Interrmediates Limited (ACMIIL):
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Rohan Gawale D: 91 22 2858 3769
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