Tuesday, 14 October 2014

DERIVATIVE ANALYSIS FOR TUESDAY

India Indices- On Monday market Nifty index opened gap down at 7831.00 with 28.95 points down from the previous day closing at 7859.95 and closed positive at 7884.25. Nifty opened gap down with the day low of 7796.00 and the full day we saw continuous buying in Nifty and near the closing of the market Nifty traded with the day high of 7901.15 and closed positive at 7884.25 with +0.31%, +24.30 points up. And the full day Nifty Index traded between 7901.15-7796.00. At the end of the day Nifty futures Gained +0.31%, +24.60 points up to close at 7911.40 from the previous day closing at 7886.80 with daily premium of 27.15 points and percent change in open interest of -3.94%.

Bank Nifty –Bank Nifty index opened at 15360.70 with 93.10 points down from the previous day closing at 15453.80 and closed positive at 15677.50. Bank Index opened at 15360.70 with the day low of 15301.65 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 15705.70 and closed positive at 15677.50
with +1.45%, +223.70 points up, and the full day Bank Nifty Index traded between 15705.70-15301.65. At the end of the market day Bank Nifty futures Gained 1.39%, +214.95 points up to close at 15711.20 from the previous day closing at 15496.25 with the daily premium of +33.70 points and percent change in open interest of +8.96%.

Nifty Futures- Nifty futures opened gap down at 7835.00 with 51.80 points down from the previous day closing at 7886.80. From the opening we saw continuous buying in nifty, Nifty opened with the day low of 7817.35 and near the closing of the market Nifty traded with the high of 7929.00 and closed positive at 7911.40. And the full day Nifty Futures traded between 7924.05- 7848.45. At the end of the day Nifty futures Gained +0.31%, +24.60 points up to close at 7911.40 from the previous day closing at 7886.80 with daily premium of 27.15 points and percent change in open interest of -3.94%.

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