Options data indicates 4800 emerging as equilibrium

CNBC-TV18's, Research Analyst, Anuj Singhal :

Options data indicates 4800 emerging as equilibrium. Nifty Options suggest traders believe 4900 would be stiff resistance. Nifty Open Interest PCR was at 1.27 versus 1.31. Nifty June 4800 Put added 4.3 lakh shares in Open Interest. Nifty May 4900 Call added 4.2 lakh shares in Open Interest. FIIs net sell Rs 362 crore in Nifty Futures, net sold Rs 387 crore in Stock Futures. Nifty June Futures added 42 lakh shares in Open Interest, at 6-point discount.

NSE F&O CUES

Rollover Stats (%)

• Marketwide 30
• Nifty 39
• IFCI 30
• Ispat 31
• RPL 30
• NTPC 30 

Ambuja Cement

• Stock down 5.5%;
• rollover 55%
• Futures Open Int up 15%
• Stock down 14% in 6 days

Bajaj Hindustan

• Stock down 8.7%;
• CoC down
• Futures Open Int up 23%
• Huge short build-up seen

IDEA

• Stock up 3%;
• CoC down
• Futures Open Int down 6%
• NSE del vol at 58 lakh (38%)

Chambal Fertiliser

• Stock down 13% in 3 days
• Had earlier rallied 28% in 7 days
• Futures Open Int up 11%