F&O Market Report for Wednesday 12 Aug 2020 (Desktop View)

 

F&O Data Analysis for Wednesday , 12^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	11348.00	54.65	0.48 %	1,07,83,950	4,70,325	4.56 %	25.50	11376.75	10883.40
Nifty Bank	22310	353.65	1.61 %	15,66,200	2,55,650	19.51 %	82.80	22389.90	21085.35

 

Index	Max Pain	Put Call Ratio	Highest OI Call Put	Increase in OI Call Put
Nifty 50	11200	1.01	11500 11000	11400 11300
Nifty Bank	22000	0.98	22500 22000	23500 22000

 

Futures and Options data for Index Heavyweights.

Stock	Last Price	Change(Rs.)	Change(%)	Highest OI Call	Highest OI Put
Reliance	2143.00	11.45	0.54 %	2200	1800
SBIN	196.60	1.70	0.87 %	200	180
HDFC	1832.50	28.10	1.56 %	1900	1700
HDFC Bank	1068.80	17.55	1.67 %	1100	1000
TCS	2293.50	0.50	0.02 %	2400	2100

 

Overall F&O Cues :-

·         Addition of 13972 contracts on 11400 CE shows it as a major resistance this week.

·         Addition of 12204 contracts on 11300 PE shows it as a major support this week

·         Nifty broke 14-day high today, thus tunes are positive

·         India VIX cooling down is indicating less possibility of further downside

·         Global Markets and sentiments are also positive

·         Good time to sell puts with hedge

·         Nifty Bank took support in 22000 zone. If it sustains 22000 then more upmove can be seen

·         Heavy Call Unwinding at 22000 and Put writing at 22000 shows strength in Nifty Bank

·         22500 will be a major resistance for Nifty Bank

·         Sentiment and Cues are positive for Markets for this week, at least.

·         More puts are added than calls.

 

Overall, markets are following Global Cues which are Positive.AGR Verdict shifted to Friday by which some profit booking was seen.

Gain in second half indicates positivity for markets.

Currently maintaining Bull Put Spread in Nifty Bank and will hold the same till expiry.

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

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