Nifty February 2011 futures closed at 5,225.00, at a discount of 0.80 over spot closing of 5,225.80, while Nifty March 2011 futures were at 5,241.00, at a premium of 15.20 points over spot closing. The near month February 2011 derivatives contracts expire on Thursday, February 24, 2011. Nifty February futures saw an addition of 6.38% or 1.63 million (mn) units, taking the total outstanding open interest (OI) to 27.33 mn units.
From the most active underlying, SBI's February 2011 futures closed at a premium of 1.55 points at 2,495.55 compared with spot closing of 2,494.00. The number of contracts traded was 36,566.
Tata Steel February 2011 futures were at a premium of 1.20 points at 601.50 compared with spot closing of 600.30. The number of contracts traded was 31,956.
Tata Motor's February 2011 futures were at a discount of 2.00 points at 1,099.00 compared with spot closing of 1,101.00. The number of contracts traded was 31,327.
Reliance Industries February 2011 futures were at a premium of 1.85 points at 900.85 compared with spot closing of 899.00. The number of contracts traded was 35,735.
F & O Margins report
From the most active underlying, SBI's February 2011 futures closed at a premium of 1.55 points at 2,495.55 compared with spot closing of 2,494.00. The number of contracts traded was 36,566.
Tata Steel February 2011 futures were at a premium of 1.20 points at 601.50 compared with spot closing of 600.30. The number of contracts traded was 31,956.
Tata Motor's February 2011 futures were at a discount of 2.00 points at 1,099.00 compared with spot closing of 1,101.00. The number of contracts traded was 31,327.
Reliance Industries February 2011 futures were at a premium of 1.85 points at 900.85 compared with spot closing of 899.00. The number of contracts traded was 35,735.
Nifty Option Open Interest Distribution
Nifty Feb 5300 call added 17.49 lakh shares in OI, up 39.29% and 5400 call added 4.75 lakh shares in OI, up 7.17%. On the put side nifty Feb 5200 put added 5.12 lakh shares in OI, up 8.48% and 5100 put added 5.22 lakh in OI, up 8.02%. The put-call ratio of stock option increased from 0.49 to 0.53 while put-call ratio of index option decreased from 0.90 to 0.84. On the whole the put call ratio was at 0.82.
Analyst
Pashupatinathjha@moneysukh.com
Nifty Feb 5300 call added 17.49 lakh shares in OI, up 39.29% and 5400 call added 4.75 lakh shares in OI, up 7.17%. On the put side nifty Feb 5200 put added 5.12 lakh shares in OI, up 8.48% and 5100 put added 5.22 lakh in OI, up 8.02%. The put-call ratio of stock option increased from 0.49 to 0.53 while put-call ratio of index option decreased from 0.90 to 0.84. On the whole the put call ratio was at 0.82.
Analyst
Pashupatinathjha@moneysukh.com
NIFTY OUTLOOK:
The nifty future is likely to trade in the range of 5356-5795 level in short term as the OI is added. The trading strategy would be to create short positions if the nifty resists around 5620 levels for the target of 5550 and 5500. On the other hand, one can also create long positions if the nifty gets support around 5450 levels.
The nifty future is likely to trade in the range of 5356-5795 level in short term as the OI is added. The trading strategy would be to create short positions if the nifty resists around 5620 levels for the target of 5550 and 5500. On the other hand, one can also create long positions if the nifty gets support around 5450 levels.
F & O Margins report
