F&O Market Report for Tuesday 11 Aug 2020 (Desktop View)

 

F&O Data Analysis for Tuesday , 11^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	11294.00	67.80	0.60 %	1,04,72,925	1,23,975	1.20 %	23.85	11339.30	10883.40
Nifty Bank	21971.95	200.60	0.92 %	14,62,925	1,26,325	9.45 %	71.70	22616.90	21085.35

 

Index	Max Pain	Put Call Ratio	Highest OI Call Put	Increase in OI Call Put
Nifty 50	11200	1.21	11500 11000	11400 11300
Nifty Bank	21900	0.95	22000 21000	22000 22000

 

Futures and Options data for Index Heavyweights.

Stock	Last Price	Change(Rs.)	Change(%)	Highest OI Call	Highest OI Put
Reliance	2132.65	-24.70	-1.14 %	2300	1800
SBIN	194.85	3.35	1.75 %	200	180
HDFC	1800.95	14.20	0.79 %	1900	1700
HDFC Bank	1052.50	9.60	0.92 %	1100	1000
TCS	2295.00	-5.35	-0.23 %	2400	2300

 

Overall F&O Cues :-

·         Addition of 10,689 fresh contracts in 11300 PE suggests a bullish move in Nifty.

·         Nifty almost at 14-Days high which is positive for markets

·         Again addition of 10,381 contracts in 22000 PE looks positive for Nifty Bank

·         Call Writers at 22000 strike are very firm

·         Highest OI is on 22000 CE for weekly expiry

·         Call Unwinding seen at 1800 CE of HDFC which signifies that HDFC will lead the rally

·         Huge resistance for Nifty Bank in 22000 to 22500 zone

 

Overall, Nifty looks positive and Nifty Bank is looking rangebound with 21800 to 22500 as range for next 2 days.

Upmove in Nifty and other Index may help Nifty Bank move up.

Good time to sell put with hedge in Nifty as well as Nifty Bank.

Heavy Premiun in both the Indexes shows a bullish move for coming days.

Currently sold puts in Nifty Bank with hedge which are at cost.

 

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