F&O Market Report for Wednesday 16 Sept 2020

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F&O Data Analysis for Wednesday, 16^th Sept 2020

This blog contains information and major data points regarding Futures and Options which may be helpful in taking positions or day trades in Markets.

Our major focus will be on Nifty 50 and Nifty Bank. It is recommended to use Desktop-Version of site for better view. And don’t forget to read AAJ KA GYAN at the end.

 

Futures and Options data of Index.

Index	Last Price	Chg(Rs.)	Chg(%)	Chg in OI(%)	Prem./Dis.	14-Day High	14-Day Low
Nifty 50	11534.00	+82.05	+0.72 %	+1.44 %	+12.20	11594.70	11202.00
Nifty Bank	22597.00	+406.85	+1.83 %	-7.24 %	+131.35	24200.00	22084.05

 

Index	Max Pain	Put Call Ratio (Weekly)	Put Call Ratio (Monthly)	Highest OI Call Put	Increase in OI Call Put
Nifty 50	11500	1.09	1.35	11700 11000	11650 11500
Nifty Bank	22500	0.82	0.88	22500 22000	24500 22200

 

Option Premium Comparison

Nifty Bank

Range (Above/Below)	Call Premium	Put Premium	Highest Premium
450 Points	Rs.95.50	Rs.68.05	Call
550 Points	Rs.69.60	Rs.55.00	Call
750 Points	Rs.35.80	Rs.37.00	Put

 

FII Activity in F&O

*FIIs are 51.78% Long on Index futures and 56.89% Long on Stock Futures.

 

Overall F&O Cues :-

·       More Puts were added in both Nifty and Nifty Bank

·       Heavy Unwinding was seen on At-the-money and In-the-money calls in Nifty

·       PCR for Nifty suggests limited down-move while that of Nifty Bank shows slight resistance around 22500-23000 zone

·       Nifty Bank has been underperforming since many weeks

·       Strong OI on 22500 and 23000 calls suggests limited up-move in coming days

·       A strong OI of 38 lakh shares are standing within 500 point range in calls against 20 lakh shares  in puts

·       No change in Max Pain

·       Premium comparison shows Nifty to be bullish and Nifty Bank as bearish

 

Overall Nifty is in Bullish trend whereas Nifty Bank is under-performing. India VIX came down to 20.60 levels which is positive.

Global Markets are also bullish. Nifty Bank and Pharma supported the markets today to close higher.

USD-INR stuck in range ahead of FED Policy.

 

AAJ  KA GYAN :-

 

Need Little Happiness – Listen to a Song

Need 1 day of Happiness – Go on a Picnic

Need 1 week of Happiness – Go on a Road Trip

Need 2 months of Happiness – Get Married

Need few years of Happiness – Earn Money

But if you need for a Lifetime, then Love your work.

Take little happiness from the link : Little Happiness

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