technical doji candle with decrease in volume

• Indian Equity market advanced on Friday after the Reserve Bankof India ( RBI) kept the key benchmark rates unchanged for theeighth consecutive time and promised to maintain the status-quoon rates "as long as necessary to revive growth.

• On the sectoral front, gains in IT, oil & gas and PSU bankingshares lifted the market. Broader markets also rose, with thesmallcap index outperforming the headline gauges by rising 1.2percent.

• On the technical front, Nifty formed a small bullish candle whichresembles Doji kind of pattern formation on the daily charts whileformed bullish candle on the weekly scale as it gained 2 percent.Immediate support for the market comes from the 23.6%retracement (High: 17947; Low: 16376) and the 20EMA at around17575. Recently the said support proved crucial and witnessed thenecessary pullback. Hence sustaining above which would keepthe positive momentum intact. Immediate resistance zone for themarket is around 17800-17850 and until and unless the Index isable scale above the said resistance point, Index is likely to grindamidst the consolidative range of 17400-17900. On the downsideit can be expected that the corrective phase to get anchoredaround 17350-17400 mark as it happens to be the 38.2%retracement (Low: 16376; High: 17947). Inability to hold the saidsupport zone would witness around bout of profit bookingtowards 17150. On the upside Index sustaining above 17,800 levelsmay cause momentum towards 18,000-18,200 levels,

• On the option front, maximum Put OI is at 17000 followed by17500 strike, while maximum Call OI is at 18000 followed by17800 strike. Call writing was seen at 18200 strike, followed by17900 strike while Put writing was seen at 17900 strike, followedby 18500 strike.

ASHIKA GROUP

TECHNICAL BUILDUP

• Doji candle with decrease in volume

• Sell crossover in oscillators

• Lower band of Bollinger exist at 17326

• Crucial moving average of 20/50 SMA

are at 17648 and 17029

• 200 SMA trend deciding level exist at

15474OUTLOOK OF THE DAY

1008, RAHEJA CENTRE, 214, NARIMAN POINT, MUMBAI-400 021, PH- 022 – 6611 1700, EXTN. - 704

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WorldIndices

LTPDaily

Ch (Pts)Daily

Ch (%)

Dow Jones 34746 -8 -0.03

Nasdaq 14579 -74 -0.51

S&P 500 4391 -8 -0.19

FTSE 100 7095 17 0.25

DAX 15206 -44 -0.29

Hang Seng 25227 390 1.57

Nikkei 28487 443 1.60

Sensex 60059 381 0.64

Nifty 17895 104 0.59

Commodity/ Forex

LTPDaily

Ch (Pts)Daily

Ch (%)

Gold ($/Oz) 1757.20 -0.20 -0.01

Silver ($/Oz) 22.67 -0.04 -0.15

Brent Crude ($/bl) 82.84 0.45 0.55

Dollar Index 94.06 -0.04 -0.05

USD/INR 74.99 0.20 0.28

USD/YEN 112.20 -0.04 -0.04

EUR/USD 1.1576 0.0007 0.06

Support/Resistance levels for Indian Equity Indices

S2 S1 CMP R1 R2

Sensex 59580 59745 60059 60240 60570

Nifty 17750 17800 17895 17950 18050

Nifty (Fut) 17755 17805 17900 17955 18055

Pivot Level

Sensex 60034

Nifty 17892

Soyabean production is est imated to rise by 14 per cent to near ly 119 lakh

tonnes this year on higher sowing area and l ikely improvement in

productivity , according to industry body SOPA. (BS)

Aggressive marketing of products, t imely implementation of free trade

agreements that are under negotiat ions and affordable credit to MSME

players would help in taking the country 's merchandise exports to USD 500

bil l ion in the next f inancial year , according to exporters . (BS)

India wil l await the final outcome of the global tax deal before taking call on

withdrawing the equalisat ion levy (EL) on digital companies such as Google,

Facebook and Netfl ix , which have no physical presence in India, sa id two

off icial privy to the development . (BS)

Power consumption dipped by nearly 2 per cent or by 72 mill ion units (MU)

to 3,828 MU on Saturday compared to 3,900 MU on Friday, showing slight

improvement in supply situation across the country amid coal shortage

crisis , according to the power ministry data. (BS)

The hotel industry demand has recovered at a sharper pace post Covid 2 .0

than it did after last year 's lockdown . Occupancies and average room rates

(ARRs) have seen a substantial jump, especial ly in luxury hotels and resort

destinations, where they have breached pre-Covid levels . (BS)

West Bengal may remain unscathed by the looming power crisis facing many

states in the country even as it faces higher demand during Durga Puja, the

biggest fest ival of the state . (BS)

India's new liberalised petrol pump licensing norms allow sett ing up of EV

charging stations and CNG outlets even before the start of petrol and diesel

sales, the government has stated. (BS)

The Department of Food and Public Distr ibution in a landmark decision has

imposed stock limits on Edible Oils and Oilseeds to soften the prices of

edible oils in the domestic market for a period up to March 31 , 2022,

informed the Ministry of Consumer Affairs , Food, and Public Distr ibution on

Sunday. (BS)

ASHIKA GROUP

ECONOMY

NEWS


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Aditya Bir la Sun Life AMC will make its Dalal Street debut on Monday . It wi l l

be the fourth player from the industry to be listed on the bourses . Issue

price f ixed at Rs. 712 per share.

Reliance Industr ies announced acquisit ion of Norway-based solar panel

manufacturer REC Solar Holdings for USD 771 mill ion as the oil-to-retail

conglomerate made its f irst move towards creating a mult i-bil l ion-dol lar

clean energy portfol io to become net carbon zero by 2035.

As part of deleveraging its stretched balance-sheet , the Shapoorj i Pallonj i

Group is divest ing its second key asset within a month by sell ing 40 per cent

stake in Sterl ing & Wilson Solar to Rel iance Industr ies for Rs 1 , 100 crore

through a mult i-stage transaction.

To maximize shareholder value, Vakrangee announced the demerger of both

the businesses (Vakrangee Kendra Business as wel l as E-Governance &

IT/ITES Business) into a separate entity .

Macrotech Developers has sold propert ies worth Rs 3,000 crore during April -

September on better demand, and looks to double its sales bookings in the

second half to reach the Rs 9,000 crore target this f iscal year .

Ultratech Cement has emerged as preferred bidder for a l imestone block in

Madhya Pradesh . Ramstahn Ghunchihai l imestone mine, which has reserves

of 209.77 mill ion tonnes, was auctioned in the current f iscal .

Adani Total Gas has signed a definit ive Agreement for col laborat ing on the

establishment of a bio-conversion plant with a design capacity of about

three hundred and fifty (350) tonnes per day of feed processing.

Gland Pharma has received a tentative nod from the US health regulator for

generic Sugammadex injection, which is indicated for reversing the ef fects

of the muscle relaxants rocuronium bromide and vecuronium bromide given

to patients during surgery .

Texmaco Rai l & Engineering has f ixed rights issue price at Rs 23 per share

and rights entit lement ratio at 2 |3 (two equity shares for every seven shares

held) . The issue will open on November 1 and close on November 15.

ASHIKA GROUP

CORPORATE

NEWS


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ASHIKA GROUP


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• *Nazara Technologies Ltd : Whv-Eam International Small Cap EquityFund Buy 214823 Shares @ Rs. 3011.27

• *Consolidated Finvest & Ho : India Opportunities Growth Fund Ltd -Pinewood Strategy Buy 410000 Shares @ Rs. 171.19

BULK DEAL

NIFTY

FII/FPI & DII TRADING ACTIVITY08/10/2021 07/10/2021 06/10/2021 05/10/2021 04/10/2021 01/10/2021

FII -64.01 -1764.25 -802.81 -1915.08 860.5 131.39

DII -168.19 2528.64 -998.69 1868.23 228.06 -613.08

CHAMBLFERT 434.5 15.6% PEL 2736.3 -5.3%

NAZARA 3122.6 15.5% ADANITRANS_T 1678.7 -4.9%

ASHOKA 116.1 12.6% GODREJPROP 2359.5 -4.7%

UCOBANK 14.8 9.2% CAPLIPOINT 866.4 -4.3%

ZENSARTECH 508.1 9.2% GSFC 132.0 -4.0%

UFLEX 618.3 8.9% SOBHA 853.7 -3.5%

IEX 695.9 8.7% HFCL_T 76.6 -3.4%

DIXON 5254.1 8.0% INFIBEAM 46.0 -3.3%

SWSOLAR 435.1 7.5% ICICIPRULI 660.2 -3.2%

LEMONTREE 54.8 6.9% GNFC 469.6 -3.0%

ASHIKA GROUP


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DERIVATIVE

REPORT

• Nifty gained by 0.59% with Nifty futureadded 5.75 lakh shares in open interest andstock future added 336.7 Lakh shares in openinterest .

• Nifty PCR increased to 1 .30 from 1.11

• Total Nifty Calls shaded 266.5 lakh shares inopen interest .

• Total Nifty Puts shaded 175.9 lakh shares inopen interest .

• Maximum open interest (Nifty) in Calls forOct series is at 18000 and 17000 put.

• FII ’s sold net Rs. 64.01 Cr(provisional) , whileDIIs sold net Rs. 168.19 Cr in cash market.

• FII bought net Rs. 502.52 Cr in F&O

• Securities in Ban Period:• - CANBK, IBULHSGFIN, IRCTC,

NATIONALUM, PNB, SAIL, SUNTV

NIFTY TRACKER

TRADE STATISTICS FOR 08.10.2021

Particulars 08/10/2021 07/10/2021 06/10/2021 05/10/2021

Spot 17895.2 17790.35 17646 17822.3

% Change in Spot 0.59% 0.82% -0.99% 0.74%

Nifty(FUT) Oct 17900.1 17808.15 17627.2 17829.75

Nifty(FUT) Oct Vol. 127188 160469 205572 125832

Nifty(FUT) Oct - OI 12717100 12260850 12837250 12065250

Nifty(FUT) Nov 17933.7 17841 17662.95 17861.35

Nifty(FUT) Nov Vol. 8313 7098 8170 5390

Nifty(FUT) Nov - OI 766450 689000 657400 632700

Particulars No. of Contracts Turnover (Rs. Cr.) Put Call Ratio

NSE Index Futures 284092 26214 -

NSE Stock Futures 872040 80234 -

NSE Index Options 36120786 3356903 -

NSE Stock Options 3023422 292509 0.34

NSE F&O Total Turnover 40300340 3,755,860 0.82

NSE Cash Turnover - 74,487.08

BSE Cash Turnover - 6,030.38

Total Turnover - 3836378 -

MARKET OPEN INTEREST

FII CORNER (F&O)

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FII NET BUYING/SELLING & CHANGE IN OPEN INTEREST (Cr. Rupee)

Particulars

08/10/2021 07/10/2021 06/10/2021

Net Buying/Selling

Change InOpen interest

Net Buying/Selling


Net Buying/Selling


Index Future 22 7 1195 -1442 -244 11

Index option 762 19253 990 -46528 1119 12461

Stock Future -201 82 2141 2123 -1532 -154

Stock option -80 2065 137 1781 -101 2012

Total 503 21407 4463 -44067 -758 14329

Index Futures 1297 -1296 1272 401 -133

Index Options 2475 4185 -1506 3840 5868

Stock Futures -160268 17287 64929 35595 66690

Stock Options 5675 2909 7184 7021 9499

F&O Total -150822 23085 71879.71 46857.84 81923.62

PERSISTENT 209,400 324,750 4,052.10 6.01% 55.09%

DIXON 417,250 544,375 5,365.70 10% 30.47%

INDIAMART 175,800 226,050 8,884.95 6.14% 28.58%

MRF 49,210 61,480 86,135 5.50% 24.93%

POLYCAB 865,200 997,200 2,553 5.14% 15.26%

Increase in OI with Decrease in Price (Short Buildup)

Symbol Prev OI Curr OI CMP Pr.Chg (%) OI Chg (%)

OBEROIRLTY 1,235,500 1,390,200 921.95 -2.11% 12.52%

HINDALCO 25,234,550 27,590,950 476 -0.74% 9.34%

CONCOR 7,314,840 7,904,091 690 -1.20% 8.06%

SUNTV 13,243,500 14,254,500 542.5 -0.49% 7.63%

HINDUNILVR 5,749,500 6,171,300 2,642.90 -0.93% 7.34%

HIGHEST REDUCTIONS

NIFTY OPTION OPEN INTEREST STATISTICS

HIGHEST ADDITIONS

ASHIKA GROUP


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Expiry Strike Option Type Settlement Price Volume Open Interest Change In OI

14-Oct-21 17900 PE 110.15 892861 2225900 1838700

14-Oct-21 18500 CE 2.8 295972 3381200 1827100

14-Oct-21 17000 PE 4 200448 3085000 1732150

14-Oct-21 18000 CE 63 1232400 3590100 1442150

14-Oct-21 18300 CE 7.3 306780 2541350 1288700

14-Oct-21 18200 CE 15.95 490049 2545850 1287950

14-Oct-21 17700 PE 43.5 549390 2843000 1077750

14-Oct-21 17800 PE 70.6 950542 3230500 1069050

14-Oct-21 17900 CE 109.1 1239642 2432350 1030450

14-Oct-21 17600 PE 26.9 388221 2434950 1014400

Expiry Strike Option Type Settlement Price Volume Open Interest Change In OI

14-Oct-21 17800 CE 170.25 466671 1805400 -362600

14-Oct-21 17700 CE 242.7 108429 583850 -228150

28-Oct-21 16800 PE 21.65 14362 688650 -222250

14-Oct-21 17850 CE 138.05 345264 500750 -220350

28-Oct-21 18000 CE 175.45 66869 1949000 -160650

14-Oct-21 16700 PE 2.35 62722 660900 -126950

28-Oct-21 17800 CE 280.45 56452 1636550 -120250

28-Oct-21 17700 CE 342.65 15679 885850 -98800

14-Oct-21 16900 PE 3.35 125298 1815700 -75200

14-Oct-21 19000 CE 1.25 70759 1750950 -70200

578

50

677

650

627

50

148

250

1623

50

2320

00

1056

400

60

540

0

88

5850

1636

550

1153

450

1949

00

0

5641

50

88

675

0

7455

00

5725

00

158

310

0

3922

50

246

200

316

40077

7850

3346

250

129

130

0

1577

400

1133

150

1226

950

299

1250

1459

300

130

530

0

1913

150

959

350

128

050

0

1816

00

621

50

636

50

236

50

920

950

1242

00

2550

2750

0

500000

1000000

1500000

2000000

2500000

3000000

3500000

4000000

16

90

0

17

00

0

17

10

0

17

20

0

17

30

0

17

40

0

17

50

0

17

60

0

17

70

0

17

80

0

17

90

0

18

00

0

18

10

0

1820

0

18

30

0

18

40

0

18

50

0

18

60

0

18

70

0

18

80

0

Call -Put Options Open Interests Distributions for Oct'21 Contract

Call

Put

HIGHEST REDUCTIONS

STOCK OPTION OPEN INTEREST STATISTICS

HIGHEST ADDITIONS

ASHIKA GROUP


WWW.ASHIKAGROUP.COM

NTPC 28-Oct-21 145 CE 1.9 3397 24789300 7655100

TATAMOTORS 28-Oct-21 400 CE 12.45 32782 17194050 5987850

BANKBARODA 28-Oct-21 90 CE 4.5 11183 28641600 5148000

IDEA 28-Oct-21 13 CE 0.6 481 48860000 4900000


TATAMOTORS 28-Oct-21 440 CE 5.1 7030 4004250 4004250

ONGC 28-Oct-21 170 CE 3.05 4037 19596500 3957800


FEDERALBNK 28-Oct-21 90 CE 2.9 1116 11190000 2570000

HINDALCO 28-Oct-21 500 CE 10.85 5859 7103600 2107000

BANKBARODA 28-Oct-21 85 CE 6.8 5421 15327000 -3638700

PNB 28-Oct-21 40 CE 2.15 123 29184000 -1968000

PNB 28-Oct-21 45 CE 0.9 92 26032000 -1440000

WIPRO 28-Oct-21 650 CE 33.05 4789 1787200 -1288000

INFY 28-Oct-21 1700 CE 61.6 12167 2086200 -1285200

PNB 28-Oct-21 42 CE 1.6 79 17392000 -1264000

INDHOTEL 28-Oct-21 200 CE 13.8 4430 2691000 -1127100

RELIANCE 28-Oct-21 2600 CE 108.65 41836 1468500 -1126000

TATAMOTORS 28-Oct-21 370 CE 24.7 3274 5990700 -974700

IEX 28-Oct-21 650 CE 70.7 6143 1187500 -960000

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bouquet of services to its valued clients including broking services, depository services and distributorship of

financial products (Mutual funds, IPO & Bonds). It became a “Research Entity” under SEBI (Research Analyst)

Regulations 2014 in the year of 2015 (Reg No. INH000000206).

ASBL is a wholly owned subsidiary of Ashika Global Securities (P) Ltd., a RBI registered non-deposit taking

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technical doji candle with decrease in volume

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