Products

Equity > Research

Morning Insight

Research report help you to get basis with key information that can shape the markets.

Derivatives Daily
Market Wrap22-10-2020

  • Indian shares rose for the fourth straight session on Wednesday, with positive global cues providing support as investors clung to hopes for a deal on U.S. stimulus talks. The White House and Democratic Party negotiators said they are willing to continue their discussions over U.S. stimulus measures, raising hopes the relief bill can get through Congress before Election Day. Nifty index rose 40.85 points, to 11,937.65.
  • After a huge volatility index close notably positive in the daily chart, where it formed hammer pattern which can consider as a reversal point. For confirmation index should breach and sustain below 11813 level till then then we may continue to see Volatility in Market.
  • Nifty Put O I Reduction was seen at 11500 followed by 11400 
  • Nifty Call O I addition was seen at 12200 followed by 12100.  which can act as short term resistance .
  • Nifty Bank Put O I addition was seen at 24000 followed by 24500 which can act as short term support.
  • Nifty Bank Call O I reduction was seen at 24500 followed by 24000.

Click here to view

Derivatives Daily
Market Wrap21-10-2020

  • Indian shares rose for the third day running on Tuesday as earnings optimism coupled with signs that Covid-19 cases in India are decreasing helped investors shrug off muted global cues. India's Covid19 situation seems to be improving as daily infections have been declining after peaking in mid-September. The country reported a near three-month low of 46,790 new infections in the last 24 hours. Nifty index ended up 23.75 points, at 11,896.80.
  • Previous day index open on a flat note; however, right from the word go, markets looked a bit choppy and as a result, we observed hurdles faced on higher level. As we discussed earlier market can stuck in a range unless it breach any of the level.
  • Nifty Put O I addition was seen at 11900 followed by 11600 which can act as short term support.
  • Nifty Call O I reduction was seen at 12200 followed by 11800.
  • Nifty Bank Put O I Reduction was seen at 23000 followed by 22000.
  • Nifty Bank Call O I reduction was seen at 25000 followed by 24000. 

Click here to view

Derivatives Daily
Market Wrap20-10-2020

  • Indian shares rose sharply on Monday, with financials leading the surge after the country's largest private lender HDFC Bank reported strong earnings for the September quarter, raising hopes that other private banks could follow suit. U.S. stimulus hopes and expectations of a Covid-19 vaccine by year-end also offered some support. Nifty index ended up 110.60 points, at 11,873.05.
  • After  a gap up opening we observed some profit booking from higher level and formed Doji pattern on the daily chart. Which indicating indecisiveness in the market and we may see some volatility movement in near future.
  • Nifty  Put O I addition was seen at 11800 followed by 11900
  • Nifty Call O I addition was seen at 12200 followed by 12100.
  • Nifty Bank Put O I addition was seen at 24000 followed by 23500.
  • Nifty Bank Call O I addition was seen at 24500 followed by 26000.

Click here to view