25 Sep 2018 | 9:37 AM
Research Report

Equity Research Report: Rollover Report July'15

Nifty futures has rolled 66% vs 63%, with respect to last month; even the open interest for the new Aug contract is more by around 28 lakhs. Bank Nifty rolled 79% vs 64%, around 15% more with respect to the last contract possibly due to the RBI policy meet next week. Long rollovers in Nifty and Bank Nifty futures and higher base in their open interest implies that Nifty is likely to go towards 8700 in August. The weighted average price for Nifty and Bank Nifty futures is at 8447 and 18 512respectively. These might act as the pivot for indices for the month of August. Put writing is seen at 8200 and call writing seen at 8800 strike respectively, with a total premium of around 74.
31 Jul 2015 | 10:57 AM