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OPTION DAILY REPORT
DATE: 19th July 2019
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Golden Rules for Traders:
1. Decide your rules for risk management and entry - exit points for
profit as well as loss.
2. Never lose more than 1 % to 2% of your trading capital on any one trade.
3. Know your limits so don’t trade with money you can’t afford to lose.
4. Trade in the direction of the trend in your trading time frame.
5. Only look for low risk/high reward trades or high probability set up. When you do not have any signals, do not trade.
6. Trade your plan, your system, your signals, the chart and price, action and not your opinions, bias or predictions.
7. Find a trading methodology that fits your personality.
8. Your risk management rules will determine the success of your technical trading system.
9. The size of your wins and losses determines your trading success.
10. There’s no one rule to success in options. Keep reviewing your assessment horizon incorporating macro and micro factors.
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DAILY NIFTY
Benchmark indices ended at two-month low on July 19 after Finance Minister Nirmala
Sitharaman dashed hope of a tweak in FPI surcharge. Continued asset quality concerns in
Q1 also spooked markets.
The BSE Sensex was down 560.45 points or 1.44 percent at 38,337.01 and the Nifty50
plunged 177.60 points or 1.53 percent to 11,419.30 after breaking out from the inverted
flag pattern formed on the daily chart.
The broader markets also traded in line with benchmarks as the Nifty Midcap cracked 2.15
percent and Smallcap index declined 1.8 percent.
Nifty 50 chart
The Nifty 50 chart has the following Pivot points:
Pivot Points -Nifty 50 (Daily)
Name S3 S2 S1
Pivot Points
R1 R2 R3
Classic 11499.3 11544.7 11574.5 11619.9 11649.7 11695.1 11724.94 Fibonacci 11544.7 11573.5 11591.2 11619.9 11648.7 11666.4 11695.12 Camarilla 11583.7 11590.6 11597.5 11619.9 11611.2 11618.1 11625.03 Woodie's 11491.5 11540.8 11566.7 11616.05 11641.9 11691.2 11717.14 DeMark's - - 11559.6 11612.45 11634.8 - -
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BANK NIFTY
The Nifty Bank Future fell 614.65 points (-2.02%) and at 29834.00 after breaking out
from the inverted flag pattern formed on the daily chart. Nifty Bank lost 660 points.
The Bank Nifty chart has the following Pivot points
Pivot Points - Bank Nifty (Daily)
Name S3 S2 S1
Pivot Points
R1 R2 R3
Classic 29990 30200.3 30324.5 30534.75 30658.9 30869.2 30993.36 Fibonacci 30200.3 30328 30407 30534.75 30662.5 30741.4 30869.18 Camarilla 30356.7 30387.3 30418 30534.75 30479.3 30510 30540.62 Woodie's 29947 30178.8 30281.4 30513.2 30615.9 30847.7 30950.32 DeMark's - - 30262.4 30503.7 30596.8 - -
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The Most Active Contact:
Index Option
Contract Name LTP ()
CHG (%)
OI Value
NIFTY - 25-Jul-2019 XX 0.00 11,678.35 0.18 16,174,800 6,442.16
BANKNIFTY - 25-Jul-2019 XX 0.00 30,758.95 0.55 1,697,420 6,311.90
NIFTY - 29-Aug-2019 XX 0.00 11,724.30 0.17 4,248,300 573.79
BANKNIFTY - 29-Aug-2019 XX 0.00 30,818.35 0.5 239,260 279.58
NIFTY - 26-Sep-2019 XX 0.00 11,774.45 0.18 321,825 80.05
Stock Option
Contract Name LTP ()
CHG (%)
OI Value
SBIN - 25-Jul-2019 CE 370.00 6.9 133.9 3,189,000 681.72
INDUSINDBK - 25-Jul-2019 CE 1500.00 30.05 51.39 490,800 584.54
INFY - 25-Jul-2019 CE 800.00 5.5 22.22 1,320,000 471.15
SBIN - 25-Jul-2019 PE 360.00 1.8 -50.68 4,935,000 445.61
RELIANCE - 25-Jul-2019 CE 1300.00 17.1 -15.97 2,613,500 443.22
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Positional Build-up
Long Build-Up
Index Option
Contract Name LTP()
CHG (%)
OI Volume
BANKNIFTY - 25-Jul-2019 PE 28900.00 30.4 896.72 33,500 426,240
BANKNIFTY - 25-Jul-2019 PE 28800.00 24.35 387 52,420 385,240
NIFTY - 25-Jul-2019 CE 12700.00 1 33.33 96,525 73,650
BANKNIFTY - 25-Jul-2019 CE 32200.00 4.05 17.39 2,200 3,440
BANKNIFTY - 25-Jul-2019 PE 29500.00 104 499.42 448,540 8,734,000
Stock Option
Contract Name LTP()
CHG (%)
OI Volume
ADANIPOWER - 25-Jul-2019 PE 66.00 5.25 11.7 100,000 60,000
IGL - 25-Jul-2019 PE 330.00 15.5 19.23 19,250 24,750
APOLLOHOSP - 25-Jul-2019 CE 1600.00 1 900 9,000 8,000
INDIGO - 25-Jul-2019 CE 1480.00 41 11.41 168,000 605,400
MANAPPURAM - 25-Jul-2019 PE 115.00 0.3 50 72,000 42,000
Short Build-Up
Index Option
Contract Name LTP()
CHG (%)
OI Volume
BANKNIFTY - 25-Jul-2019 CE 29500.00 425 -55.15 71,140 94,340
NIFTY - 25-Jul-2019 CE 11750.00 3.6 -74.65 779,250 9,186,900
NIFTY - 25-Jul-2019 CE 11450.00 56.75 -65.46 686,100 5,622,000
NIFTY - 25-Jul-2019 CE 11350.00 115.8 -55.13 40,050 288,450
NIFTY - 25-Jul-2019 CE 11600.00 14.15 -78.03 3,698,025 36,505,875
Stock Option
Contract Name LTP()
CHG (%)
OI Volume
ACC - 25-Jul-2019 CE 1740.00 0.85 -66.67 13,200 57,200
BIOCON - 25-Jul-2019 CE 235.00 10 -50.74 12,600 16,200
PNB - 25-Jul-2019 CE 72.50 1.4 -33.33 910,000 2,639,000
M&M - 25-Jul-2019 CE 590.00 2.7 -79.39 230,000 795,000
GAIL - 25-Jul-2019 CE 145.00 0.4 -65.22 1,296,162 2,869,692
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Put-Call Ratio
Symbol Put Call Total Ratio
INFY-26-Sep-2019 1,752,000 44,400 1,796,400 39.46
NIFTY-25-Jun-2020 5,382,925 244,275 5,627,200 22.04
CHOLAFIN-29-Aug-2019 57,500 5,000 62,500 11.5
NIFTY-30-Dec-2021 894,150 78,825 972,975 11.34
NIFTY-24-Jun-2021 997,650 91,800 1,089,450 10.87
Best Call & Put Option For Next
Trading Session
Option CALL/PUT Strike Price Level Target 1 Target 2 Stop Loss
TITAN CALL 1080 21.50 25.5 29.5 17.5
IBULHSGFIN PUT 640 18.80 15.05 11.3 22.55
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STOCK IN NEWS
Bandhan Bank beats D Street expectations; Q1 profit
rises 46%, asset quality improves.
Nifty Midcap in red dragged by RBL Bank; Bajaj Finance,
M&M slide 4% each.
Despite robust Q1 numbers RBL Bank tanks 9% amid
corporate exposure deterioration fears.
Cyient tanks 11% after missing Q1 estimates; hits new
52-week low.
Auto stocks skid led by Exide, Tata Motors; Bajaj Finance
falls 4%, VIX spikes.
PSU banks fall 2-5% amid asset quality concerns, reports
of fraud.
ACC rallies 5% post strong Q2 earnings; brokerages see
up to 39% upside.
Dabur Q1 profit jumps 13%, domestic volume rises
9.6%.
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