Thursday, 9 October 2014

DERIVATIVE ANALYSIS FOR 9 OCTOBER 2014

Overview

India Indices- On Wednesday Nifty index opened gap  down at 7828.75 with 23.65 points down from the previous day closing at 7952.40 and closed negative at 7842.70.  Nifty opened 23.65 points down with the day low of 7815.75  and the full day we saw continuous buying in Nifty and near the closing of the market Nifty traded with the day high of  7869.90 but closed negative at 7842.70 with -0.12%,  -9.70pointsdown. And the full day Nifty Index traded between 7869.90-7815.75.  At the end of the day Nifty futures Gained +0.07%, +5.65 points up to close at 7896.55 from the previous day  closing at 7890.90 with daily premium of 53.85 points and  percent change in open interest of 4.53%.

Bank Nifty –Bank Nifty index opened at 15130.35 with  -49.90 points down from the previous day closing at 15180.25  and closed positive at 15344.00. Bank Index opened at 15130.35 with the same day low of  15130.35 and the full market day we saw continuous buying  in Bank Index and near the closing of the market Bank Index  traded with the day high of 15371.80 and closed positive at  15344.00 with +1.08%, +163.75 points up, and the full day Bank Nifty Index traded between 15371.80-15130.35. At the end of the market day Bank Nifty futures Gained  +1.21%, +184.55 points up to close at 15445.00 from the  previous day closing at 15260.45 with the daily premium of +101.00 points and percent change in open interest of  +4.22%

Nifty Futures- Nifty futures opened down at 7870.00 with  20.00 points down from the previous day closing at 7890.00. From the opening we saw continuous buying in nifty, Nifty  opened with the day low of 7855.00 and near the closing of 
the market Nifty traded with the high of 7919.00 and closed  positive at 7896.55. 
And the full day Nifty Futures traded between 7919.00-  7855.00. At the end of the day Nifty futures Gained +0.07%, +5.65 points up to close at 7896.55 from the previous day  closing at 7890.90 with daily premium of 53.85 points and  percent change in open interest of 4.53%.

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