16 Jul 2018 | 9:30 PM
Research Report

Equity Research Report: Rollover Report June'15

Nifty has rolled 63%, lesser by around 5% with respect to last month; however the open interest for the new July contract is more by around 9 lakhs. Bank Nifty rolled 64%, in line with the last contract. Even July contract, starting on a low open interest like June, implies lack of direction in the markets. The highest open interest in Options is at 8500 call and 7900 put strikes. The weighted average price for Nifty and Bank Nifty futures is at 8407 and 18477 respectively. These might act as the pivot for indices for the month of July. Put and call writing is seen at 8300 and 8500 levels respectively, with a total premium of around 220. Since Bank Nifty usually dictates the trend in markets and the quantum of open interest in July Bank Nifty futures almost at par with June contract, huge swing in Bank Nifty can also be expected in the July contract.
26 Jun 2015 | 12:06 PM