Brexit Rocks International Markets

Stock Market Today by Shailesh Saraf – 13th June 2019

Stock Market Today by Shailesh Saraf – 13th June 2016
Indian Market Outlook:

The Indian Markets are slated to open gap down by 70 points at 8125, as SGX Nifty at 8.43 am. This indicates the panic which will also affect our Markets. The FII & Pro combined have sold above 100000 options in the past 3 trading sessions. If the Markets trade below the low of 8150, which is 2 weeks low, the short term trend will turn to sell.

 

International Market Outlook

International Markets have collapsed as many as 3 surveys are indicating a higher probability of BREXIT. The Markets in the past few days had believed that the “Remain” campaign of the BREXIT would prevail over the “Leave” campaign. The latest Polls have come with a rude shock and the GBP/USD collapsed downwards by 150 ticks, which is an average one day movement, in 15 mins. This nervousness is bound to continue till 23rd June, when the Referendum takes place. Dax has touched its one month low falling 500 points in the past one week. The Asian Markets are reflecting this mood this morning.

 

 
Open Interest-FII & Pro Combined Activity
Date FII and Proprietary Combined activity in shares
Index Future Index Options
1 Year Average 705075 1 Year Average 2920650
Total Buy Sell Total Buy Sell
6/10/16 13927800 633150   -3632175   3194700
6/9/16 13294650 1166100   -437475   4411500
6/8/16 12128550   77925 3974025   1316925
6/7/16 12206475 607050   5290950 5678175  
6/6/16 11599425 690900   -387225 634200  
6/3/16 10908525 362025   -1021425 247500  
6/2/16 10546500   226725 -1268925 1166325  
6/1/16 10773225   602475 -2435250   224850
5/31/16 11375700 567375   -2210400 1330050  
5/30/16 10808325 622800   -3540450 1557525  
5/27/16 10185525 1695750   -5097975 6186450  
5/26/16 8489775 4315200   -11284425 5176725  
  Total Buy 5438025 Total Buy 7652250

On 26th May FII & Pro combined had a total long position in Index Futures of 8489775 shares which is increased to 13927800 shares as on 10th June, i.e. a total buy of 5438025 shares in current expiry.

Similarly, in Index options, FII and Pro combined have decreased their short positions from 11284425 shares to 3632175 shares, i.e. a total buy of 7652250 shares in current expiry.

The data indicates a clear buy bias in the markets by FIIs and Proprietary.

 
Change in Options Open Interest Today
Change in Open Interest today  
Shares Call long Call short Net Call Calls sold is SELL in the market
FII 3450 667200 -663750
PRO 659850 2345775 -1685925
Combined 663300 3012975 -2349675
Shares Put Long Put Short Net Put Puts bought is SELL in the market
FII 609675 267000 342675
PRO 1273650 771300 502350
Combined 1883325 1038300 845025
Total Options = NET Call - NET Put -3194700  

Today, FII have increased 3450 shares long and increased 667200 shares short positions in Index Call option, net sell 663750 shares today. In puts, FII have increased 609675 shares long and increased short positions by 267000 shares, net PUT buy 342675 shares today.

Pro, have increased 659850 shares long and increased short position by 2345775 shares, a net sell of 1685925 shares in Index Call Option Today. In Puts, Pro has increased long position by 1273650 shares and increased short position by 771300 shares, a net buy of 502350 shares in Put today.

 
FII Derivatives Statistics - NSE
FII DERIVATIVES STATISTICS For 6-June-2016
  BUY SELL OPEN INTEREST AT THE END OF THE DAY Net contracts Net Amt in Crores NSE shows that there is a Net SELL in Nifty Index Options worth Rs.254.01 crores but as per our interpretation it is a Net SELL of Rs.824.11 crores. For details please refer to the table below.
  No. of contracts Amt in Crores No. of contracts Amt in Crores No. of contracts Amt in Crores
INDEX OPTIONS 419326 24525.17 423608 24779.18 1047155 63585.22 -4282 -254.01
 
FII Options Statistics - Dynamic Research
Change in Open Interest today  
Contracts Call long Call short Net Call Approx value (CR) F2 has been net seller in call which is SELL for the market
FII 46 8896 -8850 -543.94
Contracts Put Long Put Short Net Put Approx value (CR) FII has been net buyer in put which is SELL for the market
FII 8129 3560 4569 -280.82
Total -4281 -824.77    
 
FII Index Statistics - Dynamic Research
FII Index Future Open Interest Today
contracts Index Long Index Short Net Index Approx Value (CR)
FII 1596 -3671 5267 323.29
 
FII & DII Cash Buy/Sell Activity
 
FII & DII Cash Buy/Sell Activity width= 

As on 10th June, for Current Expiry from 27th May, FII have bought Rs.4579.97 crores worth shares along with DII who have sold shares worth Rs.2037.91 crores in the cash segment.

Today, FII have buy equity worth 201 cr and DII sold worth 166 cr.

 
Shares in Support

Name

ADM

LTP

Support Level

HTMEDIA 3.02 78.95 78.2 : M0
WELCORP 5.79 74.8 69.25 : W1
BLISSGVS 8.59 87.95 82.3 : M1
CANFINHOME 43.73 1174.8 1131.8 : W3
MINDACORP 5.05 112.25 106.8 : W1
SQSBFSI 43.06 1118.25 1115.1 : M0
SOBHA 10.98 303.75 301.05 : M0
AARTIIND 16.29 498.85 495.15 : W1
TNPL 8.79 264.05 262.55 : W1
GODFRYPHLP 53.83 868.4 860 : M0
 
Shares in Resistance

Name

ADM

Resistance Level

LTP

NOCIL 2.45 52.2 : M0 51.2
WONDERLA 10.82 399.9 : W1 394.85
MEGH 1.92 41.2 : M0 40.1
TATASPONGE 21.54 629 : W2 602.9
INDIANB 4.59 109.4 : M3 104.95
MPHASIS 18.27 583 : W2 535.6
FINCABLES 11.39 372.4 : W1 358.15
PRESTIGE 7.88 197.9 : M5 189.9
NATIONALUM 1.57 43.5 : M0 41.55
 
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