12.10.

2011

NIFTY SNAPSHOT Nifty Spot Nifty Oct Nifty Nov Chg. OI (Oct) (%) Chg. OI (Nov) (%) Implied Volatility (%) Nifty Support Nifty Resistance 50 Day EMA 100 Day EMA 200 Day EMA Put-Call Ratio Historical Volatility (%) Volatility Index CURRENT 4974.35 4982.45 4997.80 0.59 11.94 29.59 4860 5100 5064 5280 5370 1.53 32.24 30.30 PREVIOUS 4979.60 4993.30 5007.50 0.82 8.57 30.03 4860 5100 5068 5226 5373 1.63 33.24 30.03

DAILY CHART: NIFTY

NIFTY STRATEGY We recommend the following trading strategy:

NIFTY-TECHNICAL OUTLOOK Today the markets are likely to open on flat note on back of mixed global cues. All emerging markets are trading flat. The coming session is likely to witness a range of 4860 on declines and 5100 on advances.

Buy 1 Lot Oct Month Nifty 5000 CE around 100. Buy 1 Lot Oct Month Nifty 4800 PE around 45. Lot size: 50

Max Profit: Unlimited Max Loss: 7250 (145*50)

WORLD MARKET COMMENTARY Yesterday all leading American indices like Dow Jones Industrial Average, NASDAQ index and the S&P 500 (SPX) ended flat. Dow was down by 0.15% and closed at 11416; S&P 500 was up by 0.05% at 1195. European indices ended in red with FTSE down by 0.06%, DAX was up by 0.30% & CAC 40 was down by 0.25%. Today major stock markets in Asia are trading in green. Shanghai Composite is up by 2.08% at 2397 and Hang Seng is up by 0.58% at 18251. Japans Nikkei is down by 0.67% at 8715 and Singapores Straits Times is up by 0.27% at 2700.

Singapore Nifty future is currently up by 18 points at 4998.

SECURITY IN BAN PERIOD GITANJALI and ABGSHIP are in ban period for trade date Oct. 12, 2011 F&O segment.

FIIS ACTIVITY IN F&O IN LAST TEN SESSIONS (DERIVATIVE SEGMENT)

FIIS ACTIVITY IN F&O IN LAST TEN SESSIONS (DERIVATIVE SEGMENT)

3000 2500 2000 1500 1000 500 0 -500 -1000 -1500 26- 27- 28- 29- 30- 03- 04- 06- 10
BASIS GAP IN NIFTY

Sell 47.87%

Buy 52.13%

NIFTY TOTAL OPEN INTEREST

15 10 5 0 -5 -10 -15 -20 -25 -30 27- 28- 29- 30- 03- 04- 05- 07- 10

9000000 8000000 7000000 6000000 5000000 4000000 3000000 2000000 1000000 0

4500 4600

Call

Put

4700

4800

4900

5000

5100

5200

NIFTY CHANGE IN OPEN INTREST

FIIs are net buyers in (F&O segment) last

1000000 800000 600000 400000 200000 0 -200000 -400000 -600000 -800000

4500 4600 4700

session by INR 1317.80 crores.

Call Put

Nifty Oct Futures closed at a premium of 8.1 points. Maximum Call for Oct month stands at the levels of 5200. Maximum Put for Oct month stands at the levels of 4800. Nifty closed down by 0.11% and open interest add by 0.59%.

4800

4900

5000

5100

5200

5300

5300

STOCK REC0MMENDATIONS SUNPHARMA View: Bullish C.M.P: 484.40

On daily chart the stock closed above its 20DMA. It closed with a bullish candle and increase in volume; momentum oscillators are neutral to positive.
We recommend to: Buy Oct. Fut. Above: 486.00 Stop Loss: 481.00 Target: 496.00 Lot size: 500

HEROMOTOCO View: Bullish C.M.P: 1978.80

On daily chart the stock has taken support around 1900 levels. It closed with a bullish candle; momentum oscillators are neutral to positive.
We recommend to: Buy Oct. Fut. Around: 2000.00 Stop Loss: 1980.00 Target: 2040.00 Lot size: 1000

BHUSANSTL View: Bearish C.M.P: 327.00

On daily chart the stock is showing weakness against the market, it has closed below its 20DMA. Momentum oscillators are neutral to negative.
We recommend to: Sell Oct. Fut. Below: 326.00 Stop Loss: 329.00 Target: 320.00 Lot size: 500

For Any Query or Suggestions email at researchfeedback@smcindiaonline.com

Analyst
Asmita Satyendra asmitasatyendra@smcindiaonline.com

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