DERIVATIVE DAILY ANALYSIS FOR 27 OCTOBER 2014

Overview

India Indices- On Wednesday market Nifty index opened up at 7915.50 with +21.90 points up from the previous day closing at 7893.60 and closed positive at 7947.85. Nifty opened up and we saw continuous buying in Nifty and near 10.00 o’clock Nifty Futures traded with the day high of 7959.00 at this level we saw profit booking in Nifty and Nifty slipped down with continuous selling traded with the weekly low of 7890.65 and closed positive at 7947.85. And the full day Nifty Index traded between 7959.00-7890.65. At the end of the day Nifty futures Gained, +54.25 points up to close at 7947.85 from the previous day closing at 7893.65 with daily premium of 15.00 points and percent change in open interest of -0.86%.

Bank Nifty –Bank Nifty Futures opened at 16610.25 with +135.50 points up from the previous day closing at 16475.00 and closed positive at 16491.00. Bank Nifty Futures opened with the day high of 16632.00 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 16401.10 and closed positive at 16491.00 with +16.00 points
up, and the full day Bank Nifty Index traded between 16632- 16491.00. At the end of the market day Bank Nifty futures Gained +16.00 points up to close at 16491.00 from the previous day closing at 16475.00 with the daily premium of +21.00 points and percent change in open interest of +1.53%.

Nifty Futures- Nifty futures opened up at 7915.50 with +21.90 points up from the previous day closing at 7893.60. At the opening we saw buying in Nifty and near 10 o’clock Nifty Futures traded with day high of 7959.00 but at this level we saw profit booking and, and Nifty slipped down with continuous selling and near 12 o’clock it traded with the weekly low of 7890.65 and closed positive at 7947.85. And the full day Nifty Index traded between 7959.00- 7890.65. At the end of the day Nifty futures Gained, +54.25 points up to close at 7947.85 from the previous day closing at 7893.65 with daily premium of 15.00 points and percent change in open interest of -0.86%.