Thursday 13 September 2012

Nifty Futures and Option


NIFTY FUTURE: 
CMP(5446.95) is currently in BULL trend . Yesterday the trend was STRONG BULL LOW VOLATALITY In Sep series Nifty future added 5.51 lakh position in Open Interest and this accounts to 2.99 % of Total Open Interest in Sep series.The Nifty Sep series is trading at 15.95 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net added 6.09 lakh position in open interest and this accounts to 2.99 % of Total Open Interest in all series and cumulatively trading in average premium of 42.4 Rs to Underlying. The open interest is also increasing with trend



NIFTY OPTIONS;
In options activity mainly confined to lower puts even though put/call ratio is high At current price strike the activity is tilted to call side and writing of call is increasing The Nifty call option is trading at discount so sentiment at higher level seems cautious Yesterday Nifty Put option has added 728.01 lakh position and Nifty call option has added 689.77 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 27.09 crore in value and Nifty call option has added Rs 4.66 crore in value on cumulative basis