Products

Equity > Research

Morning Insight

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

Derivatives Daily
Market Wrap16-03-2020

  • Both Sensex and Nifty plummeted over 10 percent in early trade to hit their lower circuit levels, forcing bourses to halt trading temporarily on Friday before reversing direction to end sharply higher for the day on the back of short-covering on hopes the United States would pass a coronavirus economic aid package. Nifty jumped 433.50 points, to finish at 10,023.65.
  • After a huge volatility nifty formed outsider candle which indicates that bulls are trying to take a charge however the VIX is still trading above 50 which may reflect as further panic in the index. Its RSI may face resistance at current level. For further upside nifty has to close above 10452 level.
  • Nifty Put O I Reduction was seen at 10500 followed by 10000
  • Nifty Call O I addition was seen at 9500 followed by 10500. which can act as short term resistance.
  • Nifty Bank Put O I addition was seen at 23500 followed by 23900
  • Nifty Bank Call O I addition was seen at 24000 followed by 24500.

Click here to view

Derivatives Daily
Market Wrap11-03-2020

  • Indian shares ended deep in the red on Monday amid a global market rout as investors fretted about a rapidly-spreading coronavirus and a free fall in oil prices sparked by top exporter Saudi Arabia slashing price. Nifty index dropped 538 points, to 10,451.45.
  • Another day where nifty opened gap down and formed long body red candle on a daily chart which indicates negative sentiments is continuing in the market which may result in further weakness if nifty unable to sustain above 10276 level.
  • Nifty Put O I addition was seen at 10100 followed by 10200 which can act as short term support
  • Nifty Call O I addition was seen at 10600 followed by 10500. which can act as short term resistance.
  • Nifty Bank Put O I Reduction was seen at 27000 followed by 26500.
  • Nifty Bank Call O I addition was seen at 27000 followed by 26500 which can act as short term resistance.

Click here to view

Derivatives Daily
Market Wrap09-03-2020

  • Indian shares fell heavily on Friday amid selling across the board as a spreading coronavirus stoked fears of a prolonged economic slowdown and the Yes Bank crisis raised concerns about the knock-on effects on the financial system. Nifty index closed at 10,989.45, down 279.55 points from its previous close. Both the indexes ended at their lowest levels in over 5 months.
  • After a steep drop nifty break its support level and formed hammer pattern on a daily chart where its RSI also trading below 30 mark. However, Global turmoil is expected to continue on Monday amid sharp fall in Crude prices.
  • Nifty Put O I addition was seen at 10900 followed by 10600 which can act as short term support
  • Nifty Call O I addition was seen at 11000 followed by 11100. which can act as short term resistance.
  • Nifty Bank Put O I addition was seen at 27500 followed by 27600 which can act as short term support.
  • Nifty Bank Call O I addition was seen at 28000 followed by 27500 which can act as short term resistance.
 

Click here to view