Nifty to Open Gap Up Due to Strong Buying In American Markets
Stock Market Today by Shailesh Saraf – 30th June 2022
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Stock Market Today by Shailesh Saraf – 30th June 2016
Nifty is expected to open 60 points gap up at 8264, as per SGX at 8:15 am IST. Asian markets have been showing strength even after the Britain votes to exit. The Hangseng and Shanghai have risen 3.69% and 4.5% respectively from Friday's low. The Indian markets are also expected to reflect this strength. The markets have rallied on the back drop of a combined shares buy back worth $26bn by top American banks. The list includes American Express, JPMORGAN CHASE, MORGAN STANELY, BANK OF AMERICA, CITI and GOLDMAN SACHS.
The global markets are holding strong even after the BREXIT. The concerns whether the Article 50 would be triggered, which would officially confirm if Britain leaves the EU. Once the U.K. summons Article 50, it will initiate formal negotiations with the European Union to leave the European bloc, a process which is expected to take a minimum of two years. The Emerging market pack has been showing exceptional strength including Nifty. Goldman Sachs, CITI bank, Bank of America and Morgan stanely have announced share buy backs along with a boost in dividends which has pulled the markets upward.
| Date | FII and Proprietary Combined activity in shares | |||||
| Index Future | Index Options | |||||
| 1 Year Average | 705075 | 1 Year Average | 2920650 | |||
| Total | Buy | Sell | Total | Buy | Sell | |
| 29-Jun-16 | 6025800 | 569250 | -20789775 | 5847600 | ||
| 28-Jun-16 | 5456550 | 912525 | -26637375 | 1816950 | ||
| 27-Jun-16 | 6369075 | 205050 | -28454325 | 65925 | ||
| 24-Jun-16 | 6574125 | 1581075 | -28520250 | 9836775 | ||
| 23-Jun-16 | 8155200 | -18683475 | 2619975 | |||
| 22-Jun-16 | 7512900 | 750 | 329625 | -21303450 | 3384150 | |
| 21-Jun-16 | 7842525 | 912150 | -17919300 | 861150 | ||
| 20-Jun-16 | 8754675 | 0 | 1060650 | -17058150 | 3356025 | |
| 17-Jun-16 | 9815325 | 0 | 461700 | -20414175 | 848175 | |
| 16-Jun-16 | 10277025 | 883500 | -19566000 | 5721675 | ||
| 15-Jun-16 | 11160525 | 719850 | -13844325 | 2077200 | ||
| 14-Jun-16 | 11880375 | 1783050 | -15921525 | 6803775 | ||
| 13-Jun-16 | 13663425 | 264375 | -9117750 | 5485575 | ||
| 10-Jun-16 | 13927800 | 633150 | -3632175 | 3194700 | ||
| 9-Jun-16 | 13294650 | 1166100 | -437475 | 4411500 | ||
| 8-Jun-16 | 12128550 | 77925 | 3974025 | 1316925 | ||
| 7-Jun-16 | 12206475 | 607050 | 5290950 | 5678175 | ||
| 6-Jun-16 | 11599425 | 690900 | -387225 | 634200 | ||
| 3-Jun-16 | 10908525 | 362025 | -1021425 | 247500 | ||
| 2-Jun-16 | 10546500 | 226725 | -1268925 | 1166325 | ||
| 1-Jun-16 | 10773225 | 602475 | -2435250 | 224850 | ||
| 31-May-16 | 11375700 | 567375 | -2210400 | 1330050 | ||
| 30-May-16 | 10808325 | 622800 | -3540450 | 1557525 | ||
| 27-May-16 | 10185525 | 1695750 | -5097975 | 6186450 | ||
| 26-May-16 | 8489775 | 4315200 | -11284425 | 5176725 | ||
| Total Sell | -2463975 | Total Sell | -9505350 | |||
On 26th May FII & Pro combined had a total long position in Index Futures of 8489775 shares which is decreased to 6025800 shares as on 29th June, i.e. a total sell of 2463975 shares in current expiry.
Similarly, in Index options, FII and Pro combined have increased their short positions from 11284425 shares to 20789775 shares, i.e. a total sell of 9505350 shares in current expiry.
The data indicates a clear sell bias in the markets by FIIs and Proprietary.
| Change in Open Interest today | ||||
| Shares | Call long | Call short | Net Call | Calls BOUGHT is BUY in the market |
| FII | 65025 | -348375 | 413400 | |
| PRO | 384375 | -1103925 | 1488300 | |
| Combined | 449400 | -1452300 | 1901700 | |
| Shares | Call long | Call short | Net Call | Puts SOLD is BUY in the market |
| FII | 420300 | 837150 | -416850 | |
| PRO | 642975 | 900900 | -257925 | |
| Combined | 1063275 | 1738050 | -674775 | |
| Total Options = NET Call - NET Put | 2576475 | |||
Today, FII have increased 65025 shares long and decreased 348375 shares short positions in Index Call option, net buy 413400 shares today. In puts, FII have increased 420300 shares long and increased short positions by 837150 shares, net PUT sell 416850 shares today.
Pro, have increased 384375 shares long and decreased short position by 1103925 shares, a net buy of 1488300 shares in Index Call Option Today. In Puts, Pro has increased long position by 642975 shares and increased short position by 900900 shares, a net sell of 257925 shares in Put today.
FII DERIVATIVES STATISTICS For 14-June-2016 |
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| NSE shows that there is a Net BUY in Nifty Index Options worth Rs.686.47 crores but as per our interpretation it is a Net BUY of Rs.681.18 crores. For details please refer to the table below. | ||||||||
| BUY | SELL | OPEN INTEREST AT THE END OF THE DAY | Net contracts | Net Amt in Crores | ||||
| No. of contracts | Amt in Crores | No. of contracts | Amt in Crores | No. of contracts | Amt in Crores | |||
| INDEX OPTIONS | 448820 | 26602.384 | 438430 | 25915.915 | 1300638 | 79204.7779 | 10390 | 686.47 |
| Change in Open Interest today | |||||
| Contracts | Call long | Call short | Net Call | Approx value (CR) | F2 has been net BUYER in call which is BUY for the market |
| FII | 867 | -4645 | 5512 | 339.17 | |
| Contracts | Put Long | Put Short | Net Put | Approx value (CR) | FII has been net SELLER in put which is BUY for the market |
| FII | 5604 | 11162 | -5558 | 342 | |
| Total | -46 | 681.18 | |||
| FII Index Future Open Interest Today | ||||
| contracts | Index Long | Index Short | Net Index | Approx Value (CR) |
| FII | 12818 | 1633 | 11185 | 683.14 |
As on 29th June, for Current Expiry from 27th May, FII have bought Rs.3762.31 crores worth shares along with DII who have sold shares worth Rs.1657.588 crores in the cash segment.
Today, FII have bought equity worth 102.91 cr and DII sold worth 20.19 cr.
Name |
ADM |
LTP |
Support Level |
DISHMAN |
13.91 |
137.8 |
140:M3 |
COSMOFILMS |
13.81 |
327.95 |
328:M1 |
JINDALPOLY |
19.56 |
427.8 |
425:M2 |
SASKEN |
15.89 |
319.3 |
312:M2 |
TVTODAY |
12.66 |
295.65 |
287:M3 |
TORNTPOWER |
8.21 |
175.15 |
170:M8 |
PRAJIND |
4.42 |
86.3 |
84:M2 |
NILKAMAL |
56.54 |
1143.65 |
1095:M2 |
NAVINFLUOR |
73.86 |
1989.35 |
1898:M1 |
TRIDENT |
2.49 |
49.65 |
47:M2 |
Name |
ADM |
Times of Avg. Daily Volume |
LTP |
Support Level |
GPPL |
7.43 |
4.07 |
160 |
160.55 : CWL |
PERSISTENT |
20.50 |
0.81 |
696.60 |
695 : CWL |
BAJAJELEC |
7.75 |
2.75 |
230.35 |
221 : CWL |
NEULANDLAB |
38.24 |
1.99 |
873.75 |
825.1 : CWL |
PEL |
51.52 |
1.09 |
1399.7 |
1372.1 : CWL |
IGARASHI |
26.71 |
0.95 |
661.05 |
641 : CWL |
MTEDUCARE |
7.70 |
0.86 |
165.75 |
160.05 : CWL |
NIITTECH |
22.21 |
0.77 |
496.55 |
484.25 : CML |
RAJESHEXPO |
24.41 |
0.72 |
430.50 |
421.05 : W1 |
AIAENG |
30.46 |
0.64 |
980.15 |
969.95 : W1 |
Research Team - Tel: 033-30010001, write to us at clientsupport@dynamiclevels.com to give feedback. Website: www.dynamiclevels.com
1. The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making investment decision
2. Past performance is not an indicator of future returns.
