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OPTION DAILY REPORT

DATE: 17th July 2019

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Golden Rules for Traders:

1. Decide your rules for risk management and entry - exit points for

profit as well as loss.

2. Never lose more than 1 % to 2% of your trading capital on any one trade.

3. Know your limits so don’t trade with money you can’t afford to lose.

4. Trade in the direction of the trend in your trading time frame.

5. Only look for low risk/high reward trades or high probability set up. When you do not have any signals, do not trade.

6. Trade your plan, your system, your signals, the chart and price, action and not your opinions, bias or predictions.

7. Find a trading methodology that fits your personality.

8. Your risk management rules will determine the success of your technical trading system.

9. The size of your wins and losses determines your trading success.

10. There’s no one rule to success in options. Keep reviewing your assessment horizon incorporating macro and micro factors.

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DAILY NIFTY

Benchmark indices continued to gain for third consecutive session with the Nifty

reclaiming 11,700 level intraday, driven by banks, FMCG and IT stocks.

The BSE Sensex was up 84.60 points at 39,215.64 and the Nifty50 rose 24.90 points to

11,687.50 while Nifty Bank gained 165 points.

But the market breadth was in favour of bears as about 1,350 shares declined against

1,099 advancing shares on the BSE. The Nifty50 future formed a bullish green candle on

the daily chart.

Nifty 50 chart

The Nifty 50 chart has the following Pivot points:

Pivot Points -Nifty 50 (Daily) Name S3 S2 S1 Pivot Points R1 R2 R3

Classic 11493 11531 11595 11633.4 11697 11735 11799 Fibonacci 11531 11570 11594 11633.4 11672 11696 11735 Camarilla 11630 11639 11648 11633.4 11667 11677 11686 Woodie's 11505 11537 11607 11639.5 11709 11742 11811 DeMark's - - 11614 11643.1 11716 - -

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BANK NIFTY

The Nifty Bank Future gained 168.35 points and closed above the crucial level of

30750.00 forming a full bodied bullish candle on the daily chart.

The Bank Nifty chart has the following Pivot points

Pivot Points - Bank Nifty (Daily)

Name S3 S2 S1 Pivot Points R1 R2 R3

Classic 29910 30117 30287 30493.35 30663 30870 31039

Fibonacci 30117 30261 30350 30493.35 30637 30726 30870

Camarilla 30353 30388 30422 30493.35 30491 30526 30560

Woodie's 29892 30108 30268 30484.15 30645 30860 31021

DeMark's - - 30202 30450.90 30578 - -

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The Most Active Contact:

Index Option

Contract Name LTP ()

CHG (%)

OI Value

NIFTY - 25-Jul-2019 XX 0.00 11,678.35 0.18 16,174,800 6,442.16

BANKNIFTY - 25-Jul-2019 XX 0.00 30,758.95 0.55 1,697,420 6,311.90

NIFTY - 29-Aug-2019 XX 0.00 11,724.30 0.17 4,248,300 573.79

BANKNIFTY - 29-Aug-2019 XX 0.00 30,818.35 0.5 239,260 279.58

NIFTY - 26-Sep-2019 XX 0.00 11,774.45 0.18 321,825 80.05

Stock Option

Contract Name LTP ()

CHG (%)

OI Value

SBIN - 25-Jul-2019 CE 370.00 6.9 133.9 3,189,000 681.72

INDUSINDBK - 25-Jul-2019 CE 1500.00 30.05 51.39 490,800 584.54

INFY - 25-Jul-2019 CE 800.00 5.5 22.22 1,320,000 471.15

SBIN - 25-Jul-2019 PE 360.00 1.8 -50.68 4,935,000 445.61

RELIANCE - 25-Jul-2019 CE 1300.00 17.1 -15.97 2,613,500 443.22

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Positional Build-up

Long Build-Up

Index Option

Contract Name LTP()

CHG (%)

OI Volume

BANKNIFTY - 18-Jul-2019 CE 31000.00 18 4.05 726,520 11,285,800

NIFTY - 18-Jul-2019 CE 10000.00 1,672.10 4.44 300 675

NIFTY - 18-Jul-2019 CE 12250.00 0.5 25 150 150

NIFTY - 18-Jul-2019 PE 9750.00 0.4 14.29 1,050 450

NIFTY - 18-Jul-2019 CE 11000.00 675.4 6.04 525 225

Stock Option

Contract Name LTP()

CHG (%)

OI Volume

UPL - 25-Jul-2019 CE 670.00 8.5 65.05 151,200 551,700

YESBANK - 25-Jul-2019 PE 75.00 2.1 90.91 1,326,600 2,893,000

PETRONET - 25-Jul-2019 PE 255.00 7.2 41.18 15,000 12,000

TATAMOTORS - 25-Jul-2019 PE 170.00 4.75 14.46 1,062,000 6,102,000

ASHOKLEY - 25-Jul-2019 PE 87.50 5.4 3.85 294,000 18,000

Short Build-Up

Index Option

Contract Name LTP()

CHG (%)

OI Volume

NIFTY - 18-Jul-2019 PE 11750.00 66 -32.72 109,350 2,314,800

NIFTY - 18-Jul-2019 PE 11650.00 11.5 -68.23 1,519,575 22,667,400

NIFTY - 18-Jul-2019 PE 11550.00 1.6 -86.32 1,075,950 14,436,450

BANKNIFTY - 18-Jul-2019 PE 29200.00 1.55 -31.11 6,680 74,600

BANKNIFTY - 18-Jul-2019 PE 27400.00 0.55 -50 2,620 34,680

Stock Option

Contract Name LTP()

CHG (%)

OI Volume

TORNTPOWER - 25-Jul-2019 CE 315.00 4.55 -13.33 138,000 48,000

VEDL - 25-Jul-2019 PE 162.50 1.35 -32.5 183,000 159,000

ACC - 25-Jul-2019 CE 1740.00 4.05 -19 2,800 2,000

MCX - 25-Jul-2019 CE 950.00 0.95 -52.5 2,100 2,100

PVR - 25-Jul-2019 PE 1720.00 23 -15.75 3,200 12,000

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Put-Call Ratio

Symbol Put Call Total Ratio

NATIONALUM-29-Aug-2019 230,000 10,000 240,000 23

JUSTDIAL-29-Aug-2019 15,400 1,400 16,800 11

NIFTY-31-Dec-2020 1,200 150 1,350 8

ARVIND-29-Aug-2019 120,000 18,000 138,000 6.67

PIDILITIND-29-Aug-2019 22,500 4,000 26,500 5.63

Best Call & Put Option For Next

Trading Session

Option CALL/PUT Strike Price Level Target 1 Target 2 Stop Loss

ZEEL CALL 350 17.60 19.9 22.2 15.3

GAIL PUT 145 3.10 3.66 4.22 2.54

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STOCK IN NEWS

Suzlon Energy tumbles 9% on $172 million default in

bond payment

Titan shares fall after PhillipCapital downgrades, cuts

price target

MCX shares rally 8% after steady growth in June quarter

earnings

Cox & Kings locked at 5% lower circuit for 16th straight

session

Edelweiss falls 5% on plans to offload stake in wealth

business

Strides Pharma Science plummets 8% as USFDA finds

significant violations at its plant

Dilip Buildcon gains 2% on EPC order in Karnataka,

project completion certificate in Jharkhand

HDFC AMC jumps 7% to hit record high; global

brokerages raise target

DCB Bank tanks 14% after dismal Q1 show.

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