Friday, 12 January 2018

Markets Expected To Open In The Green On The Back Of Strong Global Cues

Posted by suhani varma on Friday, January 12, 2018 with No comments



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Global markets
Major Asian markets are trading in the green, at present Shanghai Composite is up 0.08%, Hang Seng is up 0.39%, while the Nikkei is trading flat 0.05% lower.

US markets: The major averages ended the day on a strong note closing at the high point of the session.

The Dow jumped 0.8% to 25,574.73; the Nasdaq advanced 0.8% to 7,211.78 and the S&P 500 climbed 0.7% to 2,767.56.

The rebound in the US markets was mainly due to easing concerns about treasuries after China dismissed a Bloomberg News report that officials have recommended slowing or halting purchases of the US debt.

European markets closed mixed yesterday with FTSE up 0.19 %, CAX down 0.29% and DAX down 0.59%.

FII Data: In yesterday’s session, FII’s sold 623 crores stock in the cash market whereas DII’s bought 770 crores worth of stock.

In the derivative market, FII’s sold 1186 crores of index futures and bought 1362 crores worth of Index options.



In the stock futures segment, FII’s bought 152 crores worth of stock futures and sold 39 crores stock options.
FII
OI(000's)
% Chg
%Chg Since Expiry
Long/Short Ratio
Long/Short Since Expiry
Future Index Long
112
(10)
4
1.1
0.5
Future Index Short
99
2
111
Option Index Call Long
245
2
55
3.1
1.4
Option Index Call Short
80
(9)
14
Option Index Put Long
337
1
45
1.6
0.7
Option Index Put Short
207
16
113
Support / Resistance: Intraday
Nifty: 10651
S1 – 10580
S2-10540
R1- 10680
R2 -10720
Support / Resistance: Intraday
Bank Nifty: 25660 
S1 – 25500
S2-25240
R1 - 25800
R2 -25950

Nifty Highest Open Interest:
Call: 11000 / Put: 10500
Bank Nifty Highest Open interest: (18th Jan 2018 Expiry)
Call: 26000 / Put: 25000
Securities in Ban Period: FORTIS, GMRINFRA, HDIL, JETAIRWAYS, JINDALSTEL, JPASSOCIAT, RCOM, RELCAPITAL, RPOWER, WOCKPHARMA.

Reliance Jio planning its own cryptocurrency called JioCoin. Gail, Infosys, Karnataka Bank and Reliance Industrial Infra are the major companies that are set to announce their results today.

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