TECHNICAL Bearish candle with increase in volume

• Indian Equity market rose on Monday and key benchmark indexeshit fresh record highs, despite weak cues from other Asian andEuropean markets after data showed China's economic growthslowed further in the third quarter.

• On the sectoral front, rally in the market was led by financial, IT,metal and oil & gas shares.

• On the technical front, Nifty formed a small negative candlesignaling a formation of 'Spinning Top' type candle which aremostly associated with top reversals. Hence overall chart patterncalls for caution for long positions and there is a possibility ofanother round of short term weakness from the higher levels. Theexpected weakness could be a buy in dips opportunity for thenear term while a sustainable move above 18,650 is likely tonullify this negative indication. Immediate support for the marketcomes from the rising trendline adjoining low of 16376, 17452which comes around 17900-18000 which further coincides withthe 20EMA at around 17838. On the downside it can be expectedthat the corrective phase to get anchored around 17500 as ithappens to be the long term 1.5 year old rising trendline markinglow of Mar’20. Inability to hold the said support levels wouldwitness around bout of profit booking towards 17150.

• On the option front, maximum Put OI is at 17500 followed by18000 strike, while maximum Call OI is at 18500 followed by19000 strike. Call writing was seen at 18900 strike, followed by19100 strike while Put writing was seen at 18500 strike, followedby 18400 strike.

ASHIKA GROUP

TECHNICAL BUILDUP

• Bearish candle with increase in volume

• Buy crossover in oscillators

• Lower band of Bollinger exist at 17295

• Crucial moving average of 20/50 SMA

are at 17820 and 17251

• 200 SMA trend deciding level exist at

15589

OUTLOOK OF THE DAY

1008, RAHEJA CENTRE, 214, NARIMAN POINT, MUMBAI-400 021, PH- 022 – 6611 1700, EXTN. - 704

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WorldIndices

LTPDaily

Ch (Pts)Daily

Ch (%)

Dow Jones 35258 -36 -0.10

Nasdaq 15021 124 0.84

S&P 500 4486 15 0.34

FTSE 100 7203 -30 -0.42

DAX 15474 -112 -0.72

Hang Seng 25685 275 1.08

Nikkei 29200 175 0.60

Sensex 61765 459 0.75

Nifty 18477 138 0.76

Commodity/ Forex

LTPDaily

Ch (Pts)Daily

Ch (%)

Gold ($/Oz) 1766.10 0.40 0.02

Silver ($/Oz) 23.27 - -

Brent Crude ($/bl) 84.07 -0.26 -0.31

Dollar Index 93.87 -0.09 -0.10

USD/INR 75.34 0.08 0.12

USD/YEN 114.21 -0.12 -0.10

EUR/USD 1.1621 0.0011 0.09

Support/Resistance levels for Indian Equity Indices

S2 S1 CMP R1 R2

Sensex 61145 61375 61765 62170 62420

Nifty 18290 18360 18477 18600 18675

Nifty (Fut) 18310 18380 18495 18620 18695

Pivot Level

Sensex 61784

Nifty 18488

The government on Monday said that over 56.62 lakh metric tonnes of paddy

has been procured in the Kharif Marketing Season 2021-22 up to October 17 .

(BS)

The country 's exports rose by 40.5 per cent to USD 15.13 bil l ion during

October 1-14 on account of healthy performance by key sectors such as

petroleum products, engineering and chemicals , according to preliminary

data of the commerce ministry . (BS)

India and the UK on Monday held their inaugural marit ime dialogue in a

virtual format which involved exchanges on cooperat ion in the marit ime

domain and the Indo-Pacif ic , the Ministry of External Affairs said. (BS)

The International Monetary Fund (IMF) has cautioned that any tapering by

the US Federal Reserve and similar action by other central bankers would

lead to some capital f low out of India even as the country has enough foreign

exchange at the moment , amid high foreign direct and portfol io investments .

(BS)

Around 70.66 lakh domestic passengers travelled by air in the month of

September , 5 .44 per cent higher than 67 .01 lakh who travelled in August , the

country 's aviat ion regulator said on Monday. (BS)

India, the world's third-largest energy consumer, has told Saudi Arabia and

other OPEC nations that high oil prices will hurt the nascent economic

recovery the world is witnessing after the devastating pandemic and that

they have to price oil at reasonable levels , a top off icial said on Monday. (BS)

The delayed withdrawal of monsoon, coupled with flood situation in various

parts of the country , soaring fuel prices and the fest ive season demand have

all set the prices of vegetables, especially essentials such as onion and

tomato, to shoot up within a week or so. (BS)

Showing signs of recovery, housing sales across eight major cit ies registered

an annual growth of 59 per cent during July-September at 55,907 units , but

demand jumped over three-fold against the previous quarter , according to

PropTiger .com. (BS)

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ECONOMY

NEWS


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Indian Energy Exchange to consider Bonus issue on 21st October

TTK Prest ige to consider Stock Split on 27th October

HCL Technologies said it continues to be posit ive about its products and

platform business and expects to see strong growth in the segment in the

December quarter .

Padget Electronics, a subsidiary of Dixon Technologies, and Orbic, a U.S .

based smartphone manufacturer have entered into an agreement for

manufacturing of smartphones at Padget ’s manufacturing faci l ity situated at

Noida.

HG Infra Engineering been declared as L-1 bidder by National Highways

Authority of India (NHAI) for two HAM projects .

Smartl ink Holdings subsidiary Synegra EMS has received approval from the

Government of India under the Production Linked Incentive (PLI ) Scheme for

manufacturing of telecom and networking products in India under the MSME

category .

Fair trade regulator CCI approved the acquisit ion of worldwide healthcare

BPO services of Hinduja Global by Betaine B.V.

CG Power and Industr ial Solutions has signed a binding term sheet with Evie

Real Estate to sell its property at Kanjurmarg in Mumbai, for Rs 382 crore by

March 2022.

Sunteck Realty has signed a joint development agreement to develop a new

housing project in Maharashtra on 110-acre land parcel .

In l ine with the bold reforms announced for the telecom sector , the

government has now written to telcos , including Bhart i Airtel , Vodafone Idea

and Rel iance Jio , ask ing them to convey by October 29 if they would be

opting for four-year dues moratorium.

State Bank of India has raised Rs 6,000 crore by issuing Basel I I I compliant

bonds.

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CORPORATE

NEWS


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• *Bajaj Hindustan Sugar Ltd : Ramlal Kanwarlal Jain Sell 11500000Shares @ Rs. 14.2

BULK DEAL

INSIDER TRADE

*Dilip Gaur Director Acquisition 11574 shares of Grasim

Industries Ltd. on 13-Oct-21ACQUISITION

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NIFTY

FII/FPI & DII TRADING ACTIVITY

18/10/2021 14/10/2021 13/10/2021 12/10/2021 11/10/2021 08/10/2021

FII 512.44 1681.6 937.31 -278.32 -1303.22 -64.01

DII -1703.87 -1750.59 -431.72 -741.22 -373.28 -168.19

TATAPOWER 260.0 16.8% DMART 4920.0 -7.6%

NHPC 35.6 15.2% IDBI 59.4 -5.0%

SJVN 32.6 15.0% PNBHOUSING 606.8 -5.0%

VEDL 376.5 13.4% MCX 1975.0 -4.5%

NATIONALUM 121.4 12.8% AMARAJABAT 726.6 -4.4%

HINDCOPPER 149.2 12.7% FORTIS 262.7 -4.3%

HINDZINC 387.1 11.6% BRIGADE 443.2 -4.1%

CERA 6200.0 10.6% GESHIP 344.7 -3.8%

RVNL 33.8 10.3% ISEC 847.1 -3.6%

TATAMTRDVR 273.0 10.2% SHILPAMED 617.0 -3.4%

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DERIVATIVE

REPORT

• Nifty gained by 0.76% with Nifty futureadded 1.85 lakh shares in open interest andstock future added 457.3 Lakh shares in openinterest .

• Nifty PCR decreased to 1 .40 from 1.44

• Total Nifty Calls shaded 103.3 lakh shares inopen interest .

• Total Nifty Puts shaded 173.9 lakh shares inopen interest .

• Maximum open interest (Nifty) in Calls forOct series is at 18500 and 17500 put.

• FII ’s bought net Rs. 512.44 Cr(provisional) ,while DIIs sold net Rs. 1703.87 Cr in cashmarket.

• FII sold net Rs. 3075.65 Cr in F&O

• Securities in Ban Period:• - AMARAJABAT, BHEL, ESCORTS,

IBULHSGFIN, IDEA, NATIONALUM, SUNTV

NIFTY TRACKER

TRADE STATISTICS FOR 18.10.2021

Particulars 18/10/2021 14/10/2021 13/10/2021 12/10/2021

Spot 18477.05 18338.55 18161.75 17991.95

% Change in Spot 0.76% 0.97% 0.94% 0.26%

Nifty(FUT) Oct 18495.4 18355 18172.75 18002.55

Nifty(FUT) Oct Vol. 127741 127112 134280 126413

Nifty(FUT) Oct - OI 12074300 12176000 12494300 12601750

Nifty(FUT) Nov 18532.05 18385.55 18205.2 18030.1

Nifty(FUT) Nov Vol. 16174 11587 8422 8825

Nifty(FUT) Nov - OI 1435000 1195400 1023850 921800

Particulars No. of Contracts Turnover (Rs. Cr.) Put Call Ratio

NSE Index Futures 283820 27201 -

NSE Stock Futures 1185407 115829 -

NSE Index Options 42030060 4065024 -

NSE Stock Options 4141490 414953 0.33

NSE F&O Total Turnover 47640777 4,623,007 0.86

NSE Cash Turnover - 104,013.45

BSE Cash Turnover - 7,179.10

Total Turnover - 4734199 -

MARKET OPEN INTEREST

FII CORNER (F&O)

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FII NET BUYING/SELLING & CHANGE IN OPEN INTEREST (Cr. Rupee)

Particulars

18/10/2021 14/10/2021 13/10/2021

Net Buying/Selling

Change InOpen interest

Net Buying/Selling


Net Buying/Selling


Index Future -506 -281 1327 954 1205 1089

Index option -1402 21073 1898 -30923 -95 15037

Stock Future -1322 3042 -54 2638 -51 3994

Stock option 154 2609 -244 3527 -174 2960

Total -3076 26444 2927 -23804 885 23080

Index Futures 673 135 545 936 -849

Index Options 2692 2522 3535 -282529 288775

Stock Futures -109418 17921 37261 37028 76849

Stock Options 4216 3939 656 5461 956

F&O Total -101837 24517 41997.29 -239103.8 365730.15

DALBHARAT 502,000 696,000 2,094 1.10% 38.65%

NATIONALUM 81,294,000 97,580,000 121.6 12.49% 20.03%

ACC 2,801,500 3,218,500 2,316.75 0.10% 14.88%

ASHOKLEY 37,836,000 42,039,000 145.45 0.14% 11.11%

INDIACEM 10,118,100 11,072,200 219.35 1.83% 9.43%

Increase in OI with Decrease in Price (Short Buildup)

Symbol Prev OI Curr OI CMP Pr.Chg (%) OI Chg (%)

LTI 635,400 854,700 5,896.55 -3.45% 34.51%

AMARAJABAT 8,732,000 10,214,000 725 -5.02% 16.97%

POLYCAB 1,056,900 1,204,800 2,489.05 -3.26% 13.99%

ASIANPAINT 3,872,700 4,407,600 3,247.65 -1.60% 13.81%

HCLTECH 22,446,900 25,527,600 1,220 -2.36% 13.72%

HIGHEST REDUCTIONS

NIFTY OPTION OPEN INTEREST STATISTICS

HIGHEST ADDITIONS

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Expiry Strike Option Type Settlement Price Volume Open Interest Change In OI

21-Oct-21 18500 PE 105.4 1147566 3015550 2771150

21-Oct-21 19000 CE 3.55 417309 3984700 2043800

21-Oct-21 17600 PE 5.05 202328 3027450 1974750

21-Oct-21 18900 CE 6.2 377826 2564350 1816400

21-Oct-21 18400 PE 65.15 751933 2036200 1723600

21-Oct-21 18500 CE 99.55 1474256 3477900 1690600

21-Oct-21 17500 PE 4.25 231391 2962200 1667500

21-Oct-21 18300 PE 38.4 603909 3323200 1653400

21-Oct-21 17000 PE 2.5 147522 3044100 1618450

21-Oct-21 18600 CE 56.7 967644 3046900 1615100

Expiry Strike Option Type Settlement Price Volume Open Interest Change In OI

21-Oct-21 18300 CE 233.25 139168 769400 -677400

21-Oct-21 17300 PE 3 122395 971150 -473400

28-Oct-21 18000 CE 535.6 19523 1174050 -393350

28-Oct-21 17200 PE 13.3 21639 1093300 -296600

28-Oct-21 18300 CE 294.8 42287 864800 -293950

25-Nov-21 17500 PE 94.05 18342 663250 -252450

25-Nov-21 16500 PE 31.1 10188 476500 -251600

28-Oct-21 17500 PE 19.55 62324 2644100 -250700

21-Oct-21 16500 PE 1.65 51484 1107450 -241300

28-Oct-21 17000 PE 11.35 31544 2513300 -232250

826

750

3826

50 623

250 927

400

728

700

1174

050

499

450 8

5210

0

86

480

0

827

60

0

196

770

0

976

500 72

3150

672

300

5958

00

1758

050

438

350

3727

00

3932

00

1727

50

2644

100

1221

850

1412

850 17

3430

0

1141

400

260

110

0

1054

150

1738

300

1475

750

99

69

00

239

500

0

651

400

7150

0

4340

0

156

50

5025

00

4550

89

50

4530

0

228

50

0

500000

1000000

1500000

2000000

2500000

3000000

17

50

0

17

60

0

17

70

0

17

80

0

17

90

0

18

00

0

18

10

0

18

20

0

18

30

0

18

40

0

18

50

0

18

60

0

18

70

0

1880

0

18

90

0

19

00

0

19

10

0

19

20

0

19

30

0

19

40

0

Call -Put Options Open Interests Distributions for Oct'21 Contract

Call

Put

HIGHEST REDUCTIONS

STOCK OPTION OPEN INTEREST STATISTICS

HIGHEST ADDITIONS

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PNB 28-Oct-21 50 CE 1.3 16975 31792000 17264000

NATIONALUM 28-Oct-21 125 CE 5 4081 9027000 8160000

IDFCFIRSTB 28-Oct-21 51 CE 2.35 4872 10051000 6954000

SAIL 28-Oct-21 130 CE 5.6 7278 11666000 6308000

TATAPOWER 28-Oct-21 255 CE 19.05 17114 9531000 5778000

PNB 28-Oct-21 47 CE 2 3091 8448000 5536000

PNB 28-Oct-21 46 CE 2.35 3655 8640000 5488000

NATIONALUM 28-Oct-21 120 CE 7.05 4925 6664000 5423000

PNB 28-Oct-21 53 CE 0.85 3438 11488000 5360000

PNB 28-Oct-21 48 CE 1.7 2356 7936000 5296000

PNB 28-Oct-21 40 CE 6.35 1789 10176000 -13408000

IDFCFIRSTB 28-Oct-21 50 CE 2.7 5126 18287500 -8569000

PNB 28-Oct-21 42 CE 4.55 1532 6048000 -8528000

BANKBARODA 28-Oct-21 90 CE 5.8 1381 18158400 -6657300

IDEA 28-Oct-21 12 CE 0.15 87 94780000 -6090000

TATAPOWER 28-Oct-21 225 CE 38.3 2564 2551500 -5717250

BANKBARODA 28-Oct-21 100 CE 2.2 505 11220300 -4469400

ITC 28-Oct-21 250 CE 15.3 7274 15030400 -4320000

ITC 28-Oct-21 260 CE 9.45 24435 16665600 -4275200

IDFCFIRSTB 28-Oct-21 49 CE 3.25 1018 2973500 -4123000

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TECHNICAL Bearish candle with increase in volume

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