global market signals
global stock Softening oil prices and a weak dollar signaled fears about inflation and the pace of monetary tightening has faded. On Wall Street, the Dow Jones gained 1.12 per cent, the tech-heavy Nasdaq 2.28 per cent and the S&P 500 1.50 per cent. Asian stocks edged higher on Thursday as investors grapple with bearish risks and a possible standstill in interest rate hikes. European stocks rose as investors debated whether the market’s valuation turned attractive in the wake of the sharp sell-off.
nifty technical outlook
“Nifty is now close to fill the down gap of 16173. Once it recovers consistently, the near term bearishness will end and may start moving towards 16,347. 16,011 to 16,025 Support band for Nifty in the near term Maybe, said Deepak Jasani, head of retail research at HDFC Securities.
Expecting further upside on Nifty 50 Index, Ruchi Jain, Lead Research, 5Paisa.com said, “Nifty has given a breakout from falling trendline resistance in its up move in Wednesday’s session and a higher on lower time frame.” The top high is the bottom structure. Chart. Thus, the short term trend remains positive as long as this structure continues. However, the index has now moved closer to a key resistance at 16,180, which is 61.8 percent of the previous correction from 16,800. 15,180. A close above the same will be done at least to confirm further pullback towards 16,255.”
bank nifty technical outlook
Technical chief Chinmoy Barve said, “Important pivot levels, which will act as key support for the index, are placed at 34,500 levels, followed by 34,350 points. On the upside, key resistance levels are 35,400 and 35,860 points. kept on.” and derivatives research at Profitmart Securities.
Predicting further upside in Nifty Bank Index, Ruchit Jain of 5paisa.com said, “Bank Nifty Index continues to outperform which is likely to continue to drive participation from the large cap space.”
nifty call option data
“Maximum Total Call Open Interest was observed at 16200, 16300 and 16500 strikes, with total Open Interest being 55193, 41632 and 45710 respectively. Maximum Open Interest additions were observed at 16300 strikes, which included 26677 contracts followed by 16600 strikes, In which 24658 contracts were added, said Chinmoy Barve of Profitmart Securities, and 16500 strikes, which included 23711 contracts. Call unwinding was seen at 15800 and 15900 strikes, which left 1987 contracts and 3148 contracts respectively.
nifty put option data
Chinmoy Barve of Profitmart Securities further said that maximum total Put Open Interest was observed at 15900, 16000 and 15800 strikes with total Open Interest of 61227, 48351 and 43817 contracts respectively. Maximum open interest growth was observed at 15900, 16100 and 16000 strikes, which included 43581, 37728 and 32704 contracts respectively.
nifty bank call option data
As per data shown by nseindia.com on July 07 at 3.30 PM, the maximum total Call Open Interest was seen at 35000 and 35500 strikes with total Open Interest of 41043 and 39540 contracts respectively. Maximum Call Open Interest additions were seen at 35500 and 35000 strikes which included 23811 and 22669 contracts respectively. Call unwinding was seen at 34300 and 34400 strikes, which left 5848 and 4186 contracts respectively.
nifty bank put option data
As per the data shown by nseindia.com on July 07 at 3.30 PM, the maximum Total Put Open Interest was observed at 34500, 35000 and 34800 Strikes, with the Total Open Interest being 34448, 20670 and 16632 contracts respectively. Maximum put open interest additions were seen at 34500, 35000 and 34800 strikes, which included 30469, 19223 and 16439 contracts respectively. The strikes ranging from 34500 to 35500 saw no major put unwinding for the weekly option expiring on 14th July 2022.
Stock Futures Long Build-up
ABB-OI is 26.60%, Gujarat 26%, GSPL 15.43%, BSOFT 14.60%, Dalbharat OI 13.80%, APOLLOTYRE 10.30%, INDmart 10% and TATACHEM The OI rose by 8.90%. The July 2022 series has seen a long buildup where stock prices rose along with an increase in open interest.
stock futures short build-up
HAL OI is up by 17%, Balramchin OI 14%, GodrejCP OI by 9.65%, SRTRANSFIN OI by 9.30%, HDFCLIFE OI by 7% and Reliance OI by 7%, which sees short buildup in July 2022 series , where the stock price has declined. open interest.
fii dii data
Foreign Institutional Investors (FIIs) made net selloff 925.22 crore shares, while domestic institutional investors (DIIs) became net buyers As per provisional data available on NSE, shares worth Rs 980.59 crore as on July 6.
Stocks in F&O Restrictions
National Stock Exchange (NSE) has not added any stock under its F&O Sanctions List for the trading date 08 July 2022. Securities in the restriction period under the F&O clause include those companies in which the security has exceeded 95 percent of the market-wide position limit. ,
board meeting today
1]Tata Consultancy Services Limited – Dividend/Financial Results;
2]Kohinoor Foods Limited – Financial Results/Other Business Matters;
3]Khandwala Securities Limited – Other business matters;
4]Marksons Pharma Ltd. – Buyback;
5]MMTC Limited – Financial Results;
6]Preetika Auto Industries Ltd. – Other business matters;
7]Shrenik Limited – Financial Results/Other Business Matters;
8]Sakar Healthcare Ltd. – Other Business Matters; And
9]TCPL Packaging Ltd. – Other Business Matters.
Corporate Action Today
1]Lumax Industries Limited – Annual General Meeting/Dividends – 13.5 per share;
2]Ingersoll Rand (India) Limited – Dividend – 20 per share;
3]Jubilant Foodworks Ltd. – Dividend – 1.20 per share;
4]JSW Ispat Special Products Limited – Annual General Meeting;
5]Ganga Securities Limited – Annual General Meeting;
6]Lumax Auto Technologies Limited – Annual General Meeting/Dividends – 3.50 per share;
7]Sundaram Finance Limited – Annual General Meeting / Dividend – 10 per share;
8]Torrent Pharmaceuticals Limited – Bonus 1:1,
9]Titan Company Limited – Annual General Meeting/Dividends – 7.50 per share;
10]Onward Technologies Limited – Annual General Meeting/Dividends – 3 per share; And
11]Pressman Advertising Limited – Annual General Meeting/Dividend – Re 1 per share.