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DERIVATIVE REPORT
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19 December 2016
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Prepared by: Meenakshi Pal
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Sr. Research Analyst
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19th December 2016

NIFTY FUTURE

NIFTY DAILY CHART

Nifty was down 14 points and closed at 8,139. It
NIFTYatOUTLOOK
opened
8,178.20 points, hitting a high of 8,178.70
and low of 8,127.45. It was a complete choppy
session, as market was seen grinding in a narrow 25
points trading range especially in the second half.
Nifty was unable to surpass the crucial 200-DMA
which is now placed at 8221. In addition, Nifty also
.
breached below the 8150 support zone for the first
time this week after managing to hold on throughout
the week. A close below the support zone indicates
that further weakness is likely on the cards. Any kind
of recovery will once again find stiff resistance at the
200-DMA of 8221 and its immediate previous peak
of 8250. The India VIX (Volatility) index was down
2.57% at 15.25. The BSE Midcap closed at 12236.5
and Smallcap indices closed at 12113.5, both closing
marginally down. The Indian Rupee was trading at
67.79 per dollar.

NIFTY FUTURE :

R1:8178

Nifty open Flat on Friday and shown Range

Bound trend over the full trading hours. Nifty
closed below the 8200 today. 8130 -8100 is the
support of nifty if its break that level down side
pressure will be seen. Nifty may be taste the level
of 7900-7950. Above 8250 new level of nifty
would be 8300-8350.

R2:8210

R3:8232

19th December 2016

PIVOT :8156

S1:8124

S2:8102

S3:8070

19th December 2016

NIFTY BANK FUTURE

NIFTY BANK DAILY CHART

NIFTY BANK OUTLOOK
NIFTY
Bank
niftyOUTLOOK
open flat
today and showing
consolidation movement, over the full trading
hours. Bank nifty closed below 18400. below
18200-18000 next level would be 17800-17900.
SBank nifty have major support of 17900-18000 on
daily time frame. ICICI BANK (-1.81%) and
AXIS BANK (-1.11%) is the top losers of the
day.

BANK NIFTY FUTURE :

PIVOT :18359

R1:18432
S1:18264

Bank nifty Open flat at 18455.00, to its previous

closing 18430.65 on Friday and touched high of
18455.00. Todays bank nifty made a low of
18286.30. Below 18000 next level for bank nifty
would be 17700-17900. Bank nifty can be trade
between the range of 18300-18800 .

R2:18528
S2:18190

R3:18601
S3:18095

19th December 2016

USDINR
The Indian rupee has opened higher at 67.82 to the dollar on Friday compared with 67.83 in previous
session. Yesterday, it ended at lowest closing level against dollar since December 6, especially after the
US Federal Reserve on Wednesday hiked interest rate by 25 basis points to 0.5 percent from 0.75 percent
and announced hawkish outlook of three rate hikes in 2017 against two hikes expected in Fed's
September policy. US Federal Reserve delivered as per market expectations. Hawkish undertone has
pushed Dollar index to 14-year high. This will impact USD-INR pair as well. He expects a range of
67.90-68.30 against the US dollar.
USDINR :
PIVOT : 67.84

R1:67.91
S1:67.73

R2:68.02
S2:67.66

R3:68.09
S3:67.55

GLOBAL MARKETS

EUROPEAN MARKET
NAME

CHANGE

% CHANGE

FTSE 100
CAC 40
DAX

12.63
14.04
37.61

0.18
0.29
0.33

European markets finished higher on Friday with shares in Germany leading the region. The DAX is up
0.33% while France's CAC 40 is up 0.29% and London's FTSE 100 is up 0.18%.

ASIAN MARKET
NAME

CHANGE

% CHANGE

NIKKEI 225
STRAITS TIMES
HANG SENG
TAIWAN WEIGHTED

127.36

0.66

7.09
-38.65
-33.57

0.24
-0.18
-0.36

Asian markets finished mixed as of the most recent closing prices. The Nikkei 225 gained 0.66% and
the Shanghai Composite rose 0.17%. The Hang Seng lost 0.18%.

ADVANCES / DECLINES RATIO

ADVANCE

DECLINE

UNCHANGED

TOTALS

593

988

19th December 2016

1675

94

INDIAN MARKETS

Name

Change

% Change

-14.15
-88.35
-43.30
-9.00
-0.15

Nifty 50
Nifty Bank
Nifty Metal
Nifty Pharma
Nifty Realty

Name

Change

-0.17
-0.48
-1.58
-0.08
-0.09

% Change

Open

High

Low

8178.20
18417.90
2801.60
10657.70
168.35

8178.70
18428.45
2804.40
10680.00
168.95

8127.45
18268.30
2739.15
10538.85
166.60

Open

High

Low

Sensex

-29.51

-0.11

26548.67

26594.55

26455.21

S&P BSE
Small Cap

-14.15

-0.17

12159.49

12192.64

12103.74

S&P BSE
Midcap

-4.32

-0.04

12257.69

12275.18

12182.80

FII/DII ACTIVITY

BUY
No. Of
Contracts
INDEX
FUTURES
INDEX
OPTIONS
STOCK
FUTURES
STOCK
OPTIONS

SELL

Amt.
(In. Crores)

No. Of
Contracts

Amt.
(In. Crores)

OPEN INTEREST AT THE

END OF THE DAY
No. Of
Amt.
Contracts
(In. Crores)

18108

1160.24

26588

1664.72

174401

10997.31

407639

26283.82

406411

26241.11

1111615

68977.74

93165

5929.64

94449

6079.09

897058

54400.89

43176

2955.30

44124

3017.23

86633

5561.03

19th December 2016

TOP GAINERS VS. TOP LOSERS

TOP GAINERS
Company
TATA MOTORS
BHARTI INFRA.
INFOSYS
EICHER MOTORS
TATA CONSULT.

Prev. Close(Rs.)
463.20
351.10
992.35
21515.30
2259.30

Current Price(Rs.)
473.15
355.65
1005.15
21759.10
2282.65

% Change
+2.15
+1.30
+1.29
+1.13
+1.03

Prev. Close(Rs.)
176.10
3264.50
318.45
206.45
125.35

Current Price(Rs.)
170.20
3177.65
310.25
201.70
122.80

% Change
-3.35
-2.66
-2.57
-2.30
-2.03

TOP LOSERS
Company
HINDALCO
ULTRATECH
BHARTI AIRTEL
ONGC
BHEL

19th December 2016

ERL RESEARCH TEAM

Member Name

Designation

Mr. Tuhinanshu Jain

Mr. Yogesh Subnani
Miss. Meenakshi Pal

Research Head
Sr. Research Analyst
Sr. Research Analyst

E-mail ID
Tuhinanshu.jain@equityresearchlab.co.in
Yogesh.subnani@equityresearchlab.co.in
Meenakshi.pal@equityresearchlab.co.in

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