Tuesday, 21 October 2014

21 OCTOBER DERIVATIVE ANALYSIS

India Indices- On Monday market Nifty index opened Gap up at 7896.95 with 117.25 points up from the previous day closing at 7779.70 and closed positive at 7879.40. From the opening we saw continuous buying in Nifty and near 10.30 o’clock Nifty Index traded with the day high of 7905.95 at this level we saw profit booking in Nifty and near the closing of the market Nifty Index traded with the day low of 7856.95 and closed positive at 7879.40 with+1.28%, +99.70
pointsup. And the full day Nifty Index traded between 7940.15-7882.05. At the end of the day Nifty futures Gained +1.00%, +77.95 points up to close at 7895.00 from the previous day closing at 7817.05 with daily premium of 15.60 points and percent change in open interest of +8.42%.

Bank Nifty
Bank Nifty index opened at 16259.70 with +329.90 points gap up from the previous day closing at 15929.80 and closed positive at 16216.60. Bank Index opened with the day high of 16297.25 and the full day we saw normal selling in Nifty and near the closing of the market Bank Index traded with the day low of 16157.05 and closed positive at 16216.60 with +1.80%, +286.80 points up, and the full day Bank Nifty Index traded between 16297.25- 16157.05.
At the end of the market day Bank Nifty futures Gained +1.71%, +273.05 points up to close at 16264.00 from the previous day closing at 15990.95 with the daily premium of +47.40 points and percent change in open interest of +11.37%.

Nifty Futures- Nifty futures opened gap up at 7920.00 with +102.95 points up from the previous day closing at 7817.05. Nifty opened gap up with the day high of 7940.15 and the full day we saw normal selling in Nifty and near the closing of the market Nifty traded with the day low of 7882.05, and closed positive at 7895.00. And the full day Nifty Futures traded between 7940.15- 7882.05. At the end of the day Nifty futures Gained +1.00%, +77.95 points up to close at 7895.00 from the previous day closing at 7817.05 with daily premium of 15.60 points and percent change in open interest of +8.42%.

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