F&O Market Report for Monday 10 Aug 2020 (Desktop View)

 

F&O Data Analysis for Monday , 10^th Aug 2020

After reading this article you will get to know major data points regarding Futures and Options which may be helpful in taking positions in markets.

We will be tracking 5 Index heavyweights along with Nifty 50 and Nifty Bank in this series of Articles. It is recommended to use Desktop-Version of site for better view.

 

Futures and Options data of Index.

Index	Last Price	Chg(Rs.)	Chg(%)	OI	Chg in OI	Chg in OI(%)	Prem./Dis.	14-Day High	14-Day Low
Nifty 50	11229.10	29.6	0.26 %	10348950	142800	1.4	15.05	11339.30	10883.40
Nifty Bank	21795.25	153.3	0.71 %	1336600	56375	4.4	41.25	22616.90	21085.35

 

Index	Max Pain	Put Call Ratio	Highest OI Call Put	Increase in OI Call Put
Nifty 50	11100	1.22	11500 11000 11300 11100	11500 11000
Nifty Bank	21600	0.99	22000 21000 22500 20500	22500 21500

 

Futures and Options data for Index Heavyweights.

Stock	Last Price	Change(Rs.)	Change(%)	Highest OI Call	Highest OI Put
Reliance	2157.50	13.10	0.61 %	2300 & 2200	2000 & 1900
SBIN	191.65	-.0.15	-0.08 %	200 & 220	190 & 180
HDFC	1789.00	0.85	0.05 %	1900	1700
HDFC Bank	1043.45	4.90	0.47 %	1100	1000
TCS	2299.00	-16.95	-0.73 %	2400	2200 & 2100

 

Overall F&O Cues :-

·         More Puts are standing in Nifty as compared to calls

·         Increase in  OI on 11500 CE and 11300 CE

·         Additions are seen as new week has started

·         Highest OI is on 11000 PE

·         For Nifty Bank more calls are added than puts

·         Increase in OI on 22500 CE and 21500 PE

·         Highest OI is on 22500 CE

·         Looking to sell Puts in Nifty for this week.

 

Overall, the market looks rangebound with 11500 and 11300 as major resistance and 11000 and 11100 as major support zone.

For Nifty Bank, 22000 to 22500 is a critical zone to watch, breaching this zone with volume may result in more upmove for both the Index.

I am Bullish on Nifty Bank as it is undervalued and Neutral on Nifty 50 for the current week.

Currently there are no open positions as of now.

Hope it helps. Don’t forget to share yours thoughts on Twitter @The_HKD