Tuesday 20 June 2017

Daily Update by Team Mumbai - Pro Traders - 20th June, 2017

Daily Update by Team Mumbai - Pro Traders - 20th June, 2017


Participant wise Open Interest in Equity Derivatives as on 20th June, 2017

June_20th_OI Data.jpg


OI Change_June 20th.jpg
Open Interest Data Analysis

FII added index future longs and covered their shorts. Net bullish. Pro took bearish in index futures. FII continue to hedge their future long exposure by buying index puts. Pro has closed put longs and added call and put shorts. Range bound session as data is mixed in futures and options. PCR fell 2%. FII continue to be net sellers in cash market while DII were net buyers. FII need to start buying in cash market for good broader up move. NIFTY OI: OI reduced across put strikes from 9400/9500/9600 but added to 9650/9700. On call side, OI added to 9750 in good numbers and 9700 saw addition during market hours but most were closed towards close. Still 9700 CE has more OI on call side. Based on OI data, range from 9500-9700 is shifting to 9600-9750.



CORPORATE NEWS and ANNOUNCEMENTS:

1. Sahara sells stake in Grosvenor House, gets 10 days to deposit Rs 710 cr

2. SpiceJet hits new high on signing pact with Boeing for 40 737 Max airplanes

3. Top Chinese firm signs MoU with Adani group to invest $300 million

4. RELIANCE INFRA: Arm Reliance Defense in Strategic Pact with Yugoimport Of Serbia.

5. Tata Power to sell stake in Indian Energy Exchange via IPO, stock jumps 5%.

6. Magma Fincorp board approves merger of arm Magma Advisory with self. Stock climbs 5.5%.

7. Dr Reddy's may file two new drugs with FDA by 2019, as per media reports. Stock advances 1%.

8. Logistics stocks jump as GST rollout nears.Snowman Logistics (+10%), Patel Integrated (+8%),Sical Logistics, Gati (+5%),  Container Corp (+4.5%), AllCargo Logistics (+2%).

9. NBFC stocks gain post farm loan waiver announcements. Bharat Financial Inclusion (+2.5%),  Mahindra and Mahindra Financial Services (+1.5%).

10. Raymond sets up Greenfield garment manufacturing facility In Africa, facility  to export to US, Europe markets. Stock up 1%.

11. Tata Motors stock spurts 3% on buzz of Jaguar Land Rover IPO

12. Bharat Bijlee stock climbs 8% after strong commentary in Annual Report. Transformer business achieved highest order booking in FY17.


Securities in Ban For Trade Date 21-JUN-2017:
BAN_June 21st.JPG



Volume Shockers with High Delivery %

June_20th_Snap.JPG



Team Mumbai - Pro Traders: Yogini, Ram, Ankur and Shivarajkumar.


Source: Economic Times, Business Standard, Financial Express, Indian Express, Mint, IIFL,
Business Line, StockEdge, Bombay Stock Exchange, National Stock Exchange


Disclaimer: This is for Study purpose and is intended for Trading Terminology Closed Group.

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