Option Open Interest for 29-11-2013

Inference
Nifty opened positive just above 6100 and saw huge buying from the onset to move above 6160 within the first few minutes of trade. The index stayed within a narrow range from thereon to close near the highs at 6176.10, a huge gain of 84.25 points. On a week on week basis the index gained 180.65 points or approx 3.01%. The broader market was also strong, with 895 advances to 472 declines. Best support for December Series is right now placed at 6000.

• Call option 6200-6700 added 21.28 lacs huge amount of OI with small short covering seen at 6000 and lower strike prices.
• Put option 6300-5600 added 27.28 lacs huge amount of OI with small short covering seen at 6500 strike price.
• Nifty Open Interest is at 1,81,77,100 up by 8,71,000, with increase in price, mostly long build-up.
• Bank Nifty Open Interest is at 15,17,775 up by 1,45,200, with increase in price, mostly long build-up.
• FII’s bought huge 8.91 lacs Futures, mostly long build-up, as their net OI increased by 24577 contracts (includes 67070 longs and 49245 shorts for the day) and the average price per contract comes to around 6169.14.
• FII’s future open contract as on date is 413475.
• PCR Open Interest (Volume) is moving up and now at 1.162.
• Initial support getting better at 6100, with huge addition for the day at 6.82 lacs and below that at 6000 with highest OI of 52.73 lacs.
• Initial resistance right now at 6300, with OI of 40.20 lacs and above that at 6400, with OI of 30.83 lacs.
• Day Range as per Option Table is 6100 - 6224 and as per VIX is 6107 - 6245 with 6154 as the Pivot.

Option Call for 02-12-2013
Buy Nifty 6300CE above 101 for targets of 117, 132 SL - 92
Buy Nifty 6100PE above 94 for targets of 105, 123 SL - 89

India VIX : 21.38 up by 0.67 points
Call OI : 32178150
Put OI : 37390200
PCR OI : 1.162
SMR : 18.40 (Bullish: Bulls carried on with the good work done on Expiry day with a huge gain of 84 points with immediate resistance placed only at 6300, Can the index show All Time New High next week...)

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Option Open Interest for 28-11-2013

Inference
Nifty opened positive just below 6100 on the day of Expiry and traded in a very narrow range for the better part of the day, but saw a dip in the afternoon session towards 6070 which was promptly bought into. The index ultimately closed at 6091.85, a gain of 34.75 points. The broader market was also positive, with 797 advances to 536 declines. Initial Range developing for December Series is 6000-6300.

• Call option 6100-6700 added 28.06 lacs huge amount of OI with small short covering seen at 6000 and lower strike prices.
• Put option 6100-5600 added 37.24 lacs huge amount of OI with small addition seen at 6500 and above strike prices.
• Nifty Open Interest is at 1,73,06,100 up by 32,67,500, with increase in price, mostly long build-up.
• Bank Nifty Open Interest is at 13,72,575 up by 3,19,850, with increase in price, mostly long build-up.
• FII’s bought huge 16.69 lacs Futures, mostly short covering, as their net OI decreased by 171132 contracts (includes 134714 longs and 101330 shorts for the day) and the average price per contract comes to around 6083.52.
• FII’s future open contract as on date is 388898.
• PCR Open Interest (Volume) at start of series is just above 1 at 1.066.
• Initial support at 6100, with huge addition for the day at 7.15 lacs and below that at 6000 with highest OI of 45.97 lacs.
• Initial resistance at 6200, with OI of just 22.70 lacs and above that at 6300, with huge OI of 40.04 lacs.
• Day Range as per Option Table is 6032 - 6153 and as per VIX is 6026 - 6158 with 6091 as the Pivot.

Option Call for 29-11-2013
Buy Nifty 6200CE above 109 for targets of 117, 125 SL - 103
Buy Nifty 6100PE above 112 for targets of 122, 134 SL - 107

India VIX : 20.71, down by 0.43 points
Call OI : 30088800
Put OI : 32072550
PCR OI : 1.066
SMR : 19.43 (Neutral: Expiry day saw the index closed in green with December Series Option Table starting with good support around 6000 level, Bulls need to build-on from here on if they fancy a new high in this year...)

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Option Open Interest for 27-11-2013

Inference
Nifty opened flat but drifted down with each passing hours to the lows of the day around 6030, a late afternoon burst saw the index back in the green, but closed just in the red at 6057.10, a miniscule loss of 2.00 points. The broader market though was weak, with just 577 advances to 766 declines. Resistance for the series now placed at 6200 level.

• Call option 6100 added 5.10 lacs huge amount of OI with profit booking seen at 6200 and above strike prices.
• Put option saw huge short covering from 6100 and above strike prices.
• Nifty Open Interest is at 85,63,550 down by 15,85,150, whereas Dec Series added 25.58 lacs with small decrease in price, 100% rollover with huge short build-up in next series.
• Bank Nifty Open Interest is at 11,94,775 down by 2,52,050, whereas Dec Series added 2.12 lacs with small decrease in price, mostly roll-over with some long liquidation.
• FII’s sold small 0.10 lacs Futures, mostly short build-up, as their net OI increased by 29714 contracts (includes 121760 longs and 121968 shorts for the day) and the average price per contract comes to around 6021.00.
• FII’s future open contract as on date is 560030.
• PCR Open Interest (Volume) is precariously placed at 0.873.
• Initial and best support still at 6000, with huge OI of 58.95 lacs and below that at 5900 with OI of just 43.78 lacs.
• Initial resistance now at 6100, with OI of 56.82 lacs and above that at 6200, with highest OI of 63.07 lacs.
• Expiry Day Range as per Option Table is 5994 - 6116 and as per VIX is 5990 - 6124 with 6054 as the Pivot.

Option Table for December Series is not Bearish

Option Call for 28-11-2013
Buy Nifty 6000CE above 74 for targets of 91, 109 SL - 68
Buy Nifty 6100PE above 45 for targets of 63, 86 SL - 40

India VIX : 21.14 down by 0.45 points
Call OI : 35392900
Put OI : 30896600
PCR OI : 0.873
SMR : 24.22 (Bearish to Neutral: Expiry for the series has boiled down to 6000-6100 range with the bias being negative, but short covering may see the expiry on the higher side...)

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Option Open Interest for 26-11-2013

Inference
Nifty opened weak just below 6100 level and tried to move above the previous day’s close but was sold-off and closed near the lows of the day at 6059.10, a huge loss of 56.25 points. The broader market was very weak, with just 505 advances to 846 declines. Resistance for the series now placed at 6200 level.

• Call option 6000-6200 added 18.90 lacs huge amount of OI with profit booking seen at 6300 and above strike prices.
• Put option saw huge short covering from 6000 and above strike prices.
• Nifty Open Interest is at 1,01,48,700 down by 21,48,750, whereas Dec Series added 19.14 lacs with decrease in price, mostly rollover with small long liquidation.
• Bank Nifty Open Interest is at 14,46,825 down by 36,825, whereas Dec Series added 4.39 lacs with decrease in price, most probably 100% roll-over with huge short build-up in Dec series.
• FII’s sold small 0.26 lacs Futures, mostly short build-up, as their net OI increased by 4177 contracts (includes 141352 longs and 141881 shorts for the day) and the average price per contract comes to around 6014.48.
• FII’s future open contract as on date is 530316.
• PCR Open Interest (Volume) is back below 1 at 0.880.
• Initial and best support at 6000, with huge OI of 58.95 lacs and below that at 5900 with OI of just 44.54 lacs.
• Initial resistance now at 6100, with OI of 51.72 lacs and above that at 6200, with highest OI of 64.69 lacs.
• Day Range as per Option Table is 6004 - 6136 and as per VIX is 5991 - 6128 with 6073 as the Pivot.

Option Call for 27-11-2013
Buy Nifty 6000CE above 96 for targets of 114, 145 SL - 89
Buy Nifty 6100PE above 50 for targets of 61, 74 SL - 44

India VIX : 21.59, up by 0.54 points
Call OI : 35620000
Put OI : 31344550
PCR OI : 0.880
SMR : 24.53 (Neutral to Bearish: Bulls come back party was over in a day with the Bears hammering them out of the Option Table, with 6200 level now resistance till expiry...)

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Option Open Interest for 25-11-2013

Inference
Nifty opened strong above 6035 and made a dash towards 6100 within the first hour of trade, but saw momentum waning in the mid-session and index saw a dip towards 6050. The index finally saw huge short covering to close strong at 6115.35, a huge gain of 119.90 points. The broader market was strong, with 864 advances to 491 declines. Super support is now at 6000 level.

• No Call option added OI with short covering seen at 6100 and lower strike prices.
• Put option 6200-5800 added 37.96 lacs huge amount of OI with profit booking seen at 5700 and lower strike prices.
• Nifty Open Interest is at 1,22,97,450 down by 15,41,200, whereas Dec Series added 23.13 lacs with increase in price, most probably 100% rollover with huge long build-up.
• Bank Nifty Open Interest is at 14,83,650 down by 2,21,875, whereas Dec Series added 1.45 lacs with increase in price, most probably roll-over with short covering in present series.
• FII’s bought huge 8.78 lacs Futures, mostly long build-up, as their net OI increased by 9555 contracts (includes 140889 longs and 123324 shorts for the day) and the average price per contract comes to around 6096.75.
• FII’s future open contract as on date is 526139.
• PCR Open Interest (Volume) jumped up to 1.028.
• Initial support back at 6100, with huge OI addition for the day at 21.85 lacs and below that at 6000 with highest OI of 71.81 lacs.
• Initial and best resistance now at 6200, with OI of 57.49 lacs and above that at 6300, with huge OI of 55.10 lacs.
• Day Range as per Option Table is 6030 - 6169 and as per VIX is 6048 - 6183 with 6006 as the Pivot.

Option Call for 26-11-2013
Buy Nifty 6100CE above 59 for targets of 73, 87 SL - 49
Buy Nifty 6100PE above 42 for targets of 61, 84 SL - 38

India VIX : 21.05 up by 1.01 points
Call OI : 33856400
Put OI : 34811650
PCR OI : 1.028
SMR : 20.47 (Bullish: A copybook comeback saw the PE writers back in command with the CE writers of Friday losing huge, only point which is going against the Bulls is SMR still around 20...)

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Option Open Interest for 22-11-2013

Inference
Nifty opened strong above the psychological level of 6000 and stayed in the positive till the last hour of trade, but a sell-off saw the index close weak 5995.45, a miniscule loss of 3.60 points. On a week-on-week basis the index lost 60.70 points or approx 1.00%. The broader market was also weak, with 603 advances to 738 declines. Best resistance now down to 6200 level.

• Call option 5900-6300 added 23.09 lacs huge amount of OI with profit booking seen at 6400 and above strike prices.
• Put option 6000-5800 added 5.13 lacs huge amount of OI with short covering seen at 6100 and above strike prices.
• Nifty Open Interest is at 1,38,38,650 down by 14,23,900, whereas Dec Series added 15.90 lacs with decrease in price, most probably 100% rollover with some short build-up.
• Bank Nifty Open Interest is at 17,05,525 down by 1,04,275, whereas Dec Series added 0.36 lacs with decrease in price, most probably roll-over with huge long liquidation.
• FII’s bought small 0.60 lacs Futures, mostly long build-up, as their net OI increased by 25261 contracts (includes 83047 longs and 81848 shorts for the day) and the average price per contract comes to around 5957.90.
• FII’s future open contract as on date is 516584.
• PCR Open Interest (Volume) making a new low 0.806.
• Initial and best support still at 6000, with huge OI of 59.50 lacs and below that at 5900 with OI of 47.15 lacs.
• Initial resistance getting stronger at 6100, with OI of 57.02 lacs and above that at 6200, with huge OI of 60.66 lacs.
• Day Range as per Option Table is 5938 - 6068 and as per VIX is 5933 - 6058 with 6006 as the Pivot.

Option Call for 25-11-2013
Buy Nifty 6000CE above 66 for targets of 88, 119 SL - 61
Buy Nifty 6100PE above 106 for targets of 122, 154 SL - 99

India VIX : 20.04, down by 1.10 points
Call OI : 39372150
Put OI : 31714350
PCR OI : 0.806
SMR : 24.88 (Bearish: The CE writers have taken a vice like grip on the Option table with 6200 for the time being looks impossible for the bulls to scale this series, a corrective rally though may be seen...)

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Option Open Interest for 21-11-2013

Inference
Nifty opened weak below 6100 level and went lower with each passing hour to close near the lows of the day at 5999.05, a huge loss of 123.85 points. The broader market was also very weak, with just 417 advances to 947 declines. Best resistance at 6300 level.

• Call option 6000-6200 added 49.25 lacs huge amount of OI with profit booking seen at 6400 and above strike prices.
• Put option 6000-5900, 5700 added 18.16 lacs huge amount of OI with short covering seen at 6100 and above strike prices.
• Nifty Open Interest is at 1,52,62,550 down by 13,86,050, with decrease in price, most probably huge long liquidation.
• Bank Nifty Open Interest is at 18,09,800 up by 1,12,125, with decrease in price, most probably huge short build-up.
• FII’s sold huge 19.62 lacs Futures, mostly short build-up, as their net OI increased by 2086 contracts (includes 90348 longs and 129582 shorts for the day) and the average price per contract comes to around 5953.91.
• FII’s future open contract as on date is 491323.
• PCR Open Interest (Volume) is at the lowest point of the series at 0.824.
• Initial and best support at 6000, with huge OI of 57.40 lacs and below that at 5900 with OI of 44.64 lacs.
• Initial resistance now at 6100, with OI of 50.53 lacs and above that at 6200, with huge OI of 55.00 lacs.
• Day Range as per Option Table is 5953 - 6087 and as per VIX is 5933 - 6065 with 6027 as the Pivot.

Option Call for 22-11-2013
Buy Nifty 6000CE above 92 for targets of 119, 147 SL - 87
Buy Nifty 6100PE above 111 for targets of 136, 163 SL - 95

India VIX : 21.14 up by 0.31 points
Call OI : 38440200
Put OI : 31668600
PCR OI : 0.824
SMR : 25.66 (Bearish: Nifty saw huge liquidation for the second day in a row to close below 6000, with only positive for the Bulls, 6000PE writers holding on and SMR at 25.66...)

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Option Open Interest for 20-11-2013

Inference
Nifty opened flat to negative and saw a small range for the first few hours of trade with negative bias. The last one hour of trade saw huge long unwinding to close around the lowest point at 6122.90, a huge loss of 80.45 points. The broader market though was just negative, with 647 advances to 707 declines. Best resistance now at 6300 level.

• Call option 6100-6300 added 18.06 lacs huge amount of OI with profit booking seen at 6400 and above strike prices.
• Put option 5900-5800 added 2.16 lacs huge amount of OI with short covering seen at 6100 and above strike prices.
• Nifty Open Interest is at 1,66,48,600 down by 11,49,950, with decrease in price, most probably huge long liquidation.
• Bank Nifty Open Interest is at 16,97,675 up by 57,475, with decrease in price, most probably huge short build-up.
• FII’s sold huge 2.82 lacs Futures, mostly short build-up, as their net OI increased by 1347 contracts (includes 76244 longs and 81889 shorts for the day) and the average price per contract comes to around 6088.34.
• FII’s future open contract as on date is 489237.
• PCR Open Interest (Volume) is again down at 0.988.
• Initial support still at 6100, though looks weak with OI of just 41.05 lacs and below that at 6000 with OI of 56.29 lacs.
• Initial resistance now at 6200, with OI of 46.55 lacs and above that at 6300, with highest OI of 59.95 lacs.
• Day Range as per Option Table is 6077 - 6201 and as per VIX is 6056 - 6190 with 6145 as the Pivot.

Option Call for 21-11-2013
Buy Nifty 6100CE above 106 for targets of 126, 158 SL - 99
Buy Nifty 6200PE above 87 for targets of 106, 133 SL - 77

India VIX : 20.83, up by 1.53 points
Call OI : 33492750
Put OI : 33089650
PCR OI : 0.988
SMR : 21.08 (Bearish: Huge liquidation in the dying minutes of trade saw the index crash towards 6100 level with PE writers covering en-mass, need a follow up action by the Sellers to be in control...)

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Option Open Interest for 19-11-2013

Inference
Nifty opened flat and oscillated within a narrow range of 32 points for the entire day and closed just positive at 6203.35, a small gain of 14.35 points. The broader market was just positive, with 694 advances to 678 declines. Best support at 6000 level.

• Call option 6300, 6500 added 8.73 lacs huge amount of OI with short covering seen at 6200 and lower strike prices.
• Put option 6300-6000 added 21.26 lacs huge amount of OI with profit booking seen at 5900 and lower strike prices.
• Nifty Open Interest is at 1,77,98,550 up by 2,05,400, with increase in price, most probably long build-up.
• Bank Nifty Open Interest is at 16,40,200 up by 3,900, with increase in price, most probably small long build-up.
• FII’s bought huge 1.15 lacs Futures, mostly long build-up, as their net OI increased by 18512 contracts (includes 43430 longs and 41132 shorts for the day) and the average price per contract comes to around 6171.37.
• FII’s future open contract as on date is 487890.
• PCR Open Interest (Volume) is at 1.136.
• Initial support now at 6200, with huge addition for the day at 13.61 lacs and below that at 6100 with OI of 46.69 lacs.
• Initial resistance still at 6300, with OI of 51.47 lacs and above that at 6400, with OI of 49.47 lacs.
• Day Range as per Option Table is 6139 - 6262 and as per VIX is 6141 - 6266 with 6199 as the Pivot.

Option Call for 20-11-2013
Buy Nifty 6200CE above 78 for targets of 86, 95 SL - 72
Buy Nifty 6200PE above 50 for targets of 56, 73 SL - 45

India VIX : 19.30 up by 0.48 points
Call OI : 32202950
Put OI : 36574250
PCR OI : 1.136
SMR : 16.99 (Bullish: Nifty had a perfect consolidation day after 2 days of huge gap-up, with 6200PE writers adding huge, Bulls for the time being are in Drivers seat...)

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Option Open Interest for 18-11-2013

Inference
Nifty again opened huge gap-up and stayed up making new highs with each passing hour to end the day nears the highs at 6189.00, a huge gain of 132.85 points. The broader market was also strong, with 862 advances to 512 declines. Best support back again at 6000 level.

• Call option 6400-6600 added 14.39 lacs huge amount of OI with short covering seen at 6200 and lower strike prices.
• Put option 6300-5900 added 32.19 lacs huge amount of OI with profit booking seen at 5800 and lower strike prices.
• Nifty Open Interest is at 1,75,93,150 down by 3,94,950, with increase in price, most probably huge short covering.
• Bank Nifty Open Interest is at 16,36,300 up by 51,275, with increase in price, most probably huge long build-up.
• FII’s bought huge 5.44 lacs Futures, mostly long build-up, as their net OI increased by 1964 contracts (includes 82114 longs and 71238 shorts for the day) and the average price per contract comes to around 6153.00.
• FII’s future open contract as on date is 469378.
• PCR Open Interest (Volume) is back above 1 at 1.100.
• Initial support back at 6100, with huge addition for the day at 10.45 lacs and below that at 6000 with highest OI of 56.56 lacs.
• Initial resistance now at 6300, with OI of 48.91 lacs and above that at 6400, with OI of 51.05 lacs.
• Day Range as per Option Table is 6105 - 6238 and as per VIX is 6128 - 6250 with 6165 as the Pivot.

Option Call for 19-11-2013
Buy Nifty 6200CE above 75 for targets of 88, 102 SL - 67
Buy Nifty 6200PE above 71 for targets of 88, 108 SL - 66

India VIX : 18.82, down by 0.44 points
Call OI : 32036800
Put OI : 35248950
PCR OI : 1.100
SMR : 17.10 (Bullish: Nifty is back in Bull territory with huge addition from 6300-6000PE level with the CE writers covering fast, seems like the corrective down move is done-with if 6100 is held...)

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Option Open Interest for 14-11-2013

Inference
Nifty had a huge gap-up open and saw the index gallop towards 6100 within the first hour of trade, but some profit booking there onwards saw the index close at 6056.15, still a huge gain of 66.55 points. The broader market was also strong, with 862 advances to 477 declines. Best Resistance for the series is at 6300 level.

• Call option 6100, 6300-6400 added 8.57 lacs huge amount of OI with short covering seen at 6000 and lower strike prices.
• Put option 6100-5900 added 4.11 lacs huge amount of OI with profit booking seen at 5800 and lower strike prices.
• Nifty Open Interest is at 1,79,88,100 down by 9,34,350, with increase in price, most probably huge short covering.
• Bank Nifty Open Interest is at 15,85,025 down by 1,77,250 (OI down by more than 10%), with increase in price, most probably huge short covering.
• FII’s bought small 1.89 lacs Futures, mostly short covering, as their net OI decreased by 10197 contracts (includes 73922 longs and 70149 shorts for the day) and the average price per contract comes to around 6018.82.
• FII’s future open contract as on date is 467414.
• PCR Open Interest (Volume) is again down to the lowest of the series at 0.976.
• Best support at 6000, with huge OI of 50.98 lacs and below that at 5900 with OI of 34.14 lacs.
• Initial resistance still at 6100, with OI now above 43.79 lacs and above that at 6200, with OI of 50.25 lacs.
• Day Range as per Option Table is 6004 - 6123 and as per VIX is 5995 - 6117 with 6065 as the Pivot.

Option Call for 18-11-2013
Buy Nifty 6100CE above 80 for targets of 94, 115 SL - 75
Buy Nifty 6100PE above 85 for targets of 101, 118 SL - 79

India VIX : 19.26 down by 1.19 points
Call OI : 34529400
Put OI : 33696200
PCR OI : 0.976
SMR : 19.74 (Neutral: Though Nifty saw a huge up-move of 66 points, but the Option Table is still very weak with the Bulls unable to make much impact, seems like a corrective rally till below 6100...)

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Option Open Interest for 13-11-2013

Inference
Nifty opened negative, but saw a brief move towards the highs of the day around 6040 to be sold to the lows of the day around 5972, but closed just above at 5989.60, still a loss of 28.45 points. The broader market was also weak, with 463 advances to 861 declines. Resistance for the series has come down to 6200 level.

• Call option 5900-6200 added 19.51 lacs huge amount of OI with profit booking seen at 6400 and above strike prices.
• Put option 5900-5600 added 10.48 lacs huge amount of OI with short covering seen at 6000 and above strike prices.
• Nifty Open Interest is at 1,89,22,450 down by 6,30,450, with decrease in price, most probably huge long liquidation.
• Bank Nifty Open Interest is at 17,62,275 up by 37,400, with decrease in price, most probably short build-up.
• FII’s sold huge 2.57 lacs Futures, mostly long liquidation, as their net OI decreased by 11113 contracts (includes 83434 longs and 88579 shorts for the day) and the average price per contract comes to around 5955.15.
• FII’s future open contract as on date is 477611.
• PCR Open Interest (Volume) for the first time in this series below 1 at 0.993.
• Best support still at 6000, with huge OI of 49.28 lacs and below that at 5900 with OI of just 33.13 lacs.
• Initial resistance at 6100, with OI now above 40.87 lacs and above that at 6200, with OI of 50.51 lacs.
• Day Range as per Option Table is 5943 - 6062 and as per VIX is 5925 - 6054 with 6001 as the Pivot.

Option Call for 14-11-2013
Buy Nifty 6100CE above 65 for targets of 79, 98 SL - 59
Buy Nifty 6000PE above 77 for targets of 90, 104 SL - 71

India VIX : 20.45, down by 0.41 points
Call OI : 34121050
Put OI : 33888700
PCR OI : 0.993
SMR : 20.59 (Bearish: Bulls seem to have thrown in the towel as they are unable to make any dent on the Bear citadel with today being the eight continuous down day. SMR is still hovering above 20...)

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Option Open Interest for 12-11-2013

Inference
Nifty opened flat to positive, but saw the seller taking control with all up-move beings sold with huge intensity to close near the lows of the day at 6018.05, a huge loss of 60.75 points. The broader market was also weak, with 461 advances to 897 declines. Best support still at 6000 level with OI above 53.07 lacs.

• Call option 6000-6400 added 37.08 lacs huge amount of OI with profit booking seen at 6500 and above strike prices.
• Put option 6000-5800 added 20.42 lacs huge amount of OI with short covering seen at 6100 and above strike prices.
• Nifty Open Interest is at 1,95,52,900 down by 32,550, with decrease in price, most probably long liquidation.
• Bank Nifty Open Interest is at 17,24,875 up by 1,19,500, with decrease in price, most probably huge short build-up.
• FII’s sold huge 11.55 lacs Futures, mostly short build-up, as their net OI increased by 17507 contracts (includes 58911 longs and 82016 shorts for the day) and the average price per contract comes to around 5988.99.
• FII’s future open contract as on date is 488724.
• PCR Open Interest (Volume) is precariously placed at 1.033.
• Best support at 6000, with huge OI of 53.07 lacs.
• Initial resistance at 6100, with huge addition for the day at 12.95 lacs and above that at 6200, with OI of 50.38 lacs.
• Day Range as per Option Table is 5983 - 6098 and as per VIX is 5952 - 6084 with 6046 as the Pivot.

Option Call for 13-11-2013
Buy Nifty 6100CE above 93 for targets of 108, 135 SL - 88
Buy Nifty 6100PE above 108 for targets of 125, 141 SL - 96

India VIX : 20.86 up by 0.88 points
Call OI : 32762900
Put OI : 33836500
PCR OI : 1.033
SMR : 20.20 (Bearish: Seven days of continues down day with the OI table totally in the grip of the Bears with only hitch being SMR above 20, last line of defence for the Bulls is around 6000...)

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