Traders Watchlist for Monday: Top 15 data points to know before the opening bell
Indian market snapped a three-day winning streak on Friday to close in the red after hitting fresh record high of 17,792 earlier in the trading session.
For the week, the Nifty50 index, and S&P BSE Sensex closed with gains of over 1 per cent each. On the sectoral front, S&P BSE Telecom, PSU, Utilities, and Banks were top gainers while selling was seen in metals, realty, as well as energy stocks on weekly basis.
Relief package for the telecom sector, the announcement of a bad bank, strong FIIs inflow, and short coverings were key factors for the Indian markets to outperform in the week gone by, suggest experts.
Here is a list of 15 data points that will help you in making a profitable trade:
Key support & resistance levels for Nifty50:
The Nifty50 closed 0.2 percent lower at 17,585 after hitting a record high of 17,792 earlier in the trading session on Friday. For the week, the index closed with a gain of 1.2 per cent.
Key Pivot points support for the index is placed at 17549, 17,497, as well as 17,455 while resistance is placed at 17,643, 17,685, and 17,737.
Key support & resistance levels for Nifty Bank:
The NiftyBank pared gains after hitting a record high of 38,112. It closed with gains of 0.38 percent at 37,811. For the week, the index closed with gains of over 3 per cent.
Key Pivot points support for the index is placed at 37550, 37211, as well as 37023 while resistance is placed at 38077, 38265, and 38604.
Gross Open Interest:
Open Interest means the number of contracts open or outstanding in futures trading in NSE at any one time. One seller and one buyer together create one contract.
Here the gross values of Open Interest Positions taken by the four participants namely Client are Clients are the retail individual investors who invest in the derivatives instruments, DIIs are domestic individual investors, FIIs are foreign institutional investors and Pro are the proprietors and brokerage firms who trade on their own behalf.
Data suggests that Clients and FIIs are long on the index while DIIs are short as of data collated on Friday from StockEdge.
10 Stock seeing new Long Positions:
If price increases and open interest increases, then participants are having more of long positions.
51 stock witnessing Long Cover:
If the price decreases and open interest decreases, then participants are long covering their contracts.
44 stocks witnessing short positions:
If price decreases and open interest increases, then participants are having more of short positions.
25 stock witnessing short covering:
If the price increases and open interest decreases, then Participants are short covering their contracts.
Index Strikes With High Increase In Call Open Interest
Increasing OI on call option with increasing prices would indicate bullishness while OI build up with decreasing prices suggests that the underlying may face resistance near the strike price.
Index Strikes With High Decrease In Call Open Interest
High decrease in Call Open Interest with decrease in price signifies profit booking i.e unwinding of long positions. Which means those who had bought earlier are now selling.
FII & DII Activity in Cash market:
Foreign institutional investors were net buyers in the cash market for Rs 1552 cr while DIIs were net sellers to the tune of Rs 1398 cr.
FII & DII Activity in F&O market:
204 stocks with Higher Trade & Delivery Quantity:
Bulk Deals:
Aster DM Healthcare: THE VANGUARD GROUP INC. bought 26,59,223 equity shares in the company at the weighted average price Rs 216.42 per share on the NSE, the bulk deals data showed.
Balaji Amines Ltd: integrated core strategies (Asia) PTE. Ltd, sold 1,83,126 equity shares in the company at the weighted average price Rs 4,779.10 per share on the NSE, the bulk deals data showed.
KEI Industries: The Vanguard Group INC. A/C Vanguard EMERG Markets Stock Index fund, a series of V I E I F bought 4,82,009 equity shares in the company at the weighted average price Rs 847.56 per share on the NSE, the bulk deals data showed.
The Vanguard Group INC. A/C Vanguard Total International Stock Index Fund (P8) bought 5,04,762 shares in the company at the weighted average price Rs 847.56 per share on the NSE, the bulk deals data showed.
KPIT Technologies: The Vanguard Group INC. A/C Vanguard EMERG Markets Stock Index fund, a series of V I E I F bought 24,01,366 equity shares in the company at the weighted average price Rs 319.77 per share on the NSE, the bulk deals data showed.
The Vanguard Group INC. A/C Vanguard Total International Stock Index Fund (P8) bought 21,81,929 shares in the company at the weighted average price Rs 319.77 per share on the NSE, the bulk deals data showed.
Stocks under F&O ban on NSE
Eight stocks - Escorts, Exide Industries, Indiabulls Housing Finance, IRCTC, NALCO, PNB, SAIL & Sun TV - are under the F&O ban for September 20. Securities in the ban period under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.
Corporate Action:
Aarti Industries: Final Dividend 35% @ Rs 3.5 per share
Balmer Lawrie & Company Dividend 60% @ Rs 6 per share
Balmer Lawrie Investments Ltd Final Dividend 380% @ Rs 38 per share
Best Agrolife Final Dividend 20% @ Rs 2 per share
Caplin Point Final Dividend 75% @ 0.75 per share
Techno Electric & Engineering Final Dividend 200% @ 4 per share
Shilpa Medicare Final Dividend 110% @ 1.1 per share
Disclaimer: The views/suggestions/advice expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.
03:38 PM IST