1

OPTION DAILY REPORT

DATE: 23th July 2019

2

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.

3

DAILY NIFTY

Benchmark indices ended lower for the fourth consecutive day on July 23 as it remained

volatile throughout the day with Nifty failed to hold above 11,350 level. Nifty 50 future

formed a spinning bottom shaped candle on the daily chart.

At close, the Sensex was down 48.39 points at 37,982.74, while Nifty was down 15.20

points at 11,331. About 1170 shares have advanced, 1259 shares declined, and 168 shares

are unchanged.

Among sectors, PSU banks dragged 3 percent followed by auto, metal, pharma, while

buying seen in the FMCG, energy, infra and IT.

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 11215.8 11263.7 11312 11359.85 11408.2 11456.1 11504.35

Fibonacci 11263.7 11300.4 11323.1 11359.85 11396.6 11419.3 11456.05

Camarilla 11333.8 11342.6 11351.4 11359.85 11369.1 11377.9 11386.71

Woodie's 11216 11263.8 11312.2 11359.95 11408.4 11456.2 11504.55

DeMark's - - 11287.8 11347.75 11384 - -

4

BANK NIFTY

The Nifty Bank Future fell 192.80 points (-0.65%) and at 29263.20 as it fell

consecutively for the last four days, clearly portraying the control of bears over the

index.

The Bank Nifty chart has the following Pivot points

Pivot Points - Bank Nifty (Daily)

Name S3 S2 S1

Pivot Points

R1 R2 R3

Classic 28769.9 29017.5 29203.6 29451.1 29637.2 29884.8 30070.85

Fibonacci 29017.5 29183.1 29285.5 29451.1 29616.8 29719.1 29884.75

Camarilla 29270.4 29310.2 29349.9 29451.1 29429.4 29469.2 29508.9

Woodie's 28739.2 29002.1 29172.8 29435.75 29606.5 29869.4 30040.13

DeMark's - - 29110.5 29404.6 29544.2 - -

5

The Most Active Contact:

Index Option

Contract Name LTP

() CHG (%) OI Value

NIFTY - 25-Jul-2019 CE 11400.00 32.5 -57.65 2,951,025 43,133.87

NIFTY - 25-Jul-2019 PE 11300.00 36.5 25.65 4,145,475 41,158.63

BANKNIFTY - 25-Jul-2019 PE 29000.00 79.15 102.17 703,400 38,237.38

NIFTY - 25-Jul-2019 CE 11500.00 9.6 -71.17 3,249,000 34,478.15

BANKNIFTY - 25-Jul-2019 CE 29500.00 125 -67.11 474,960 31,154.59

Stock Option

Contract Name LTP

() CHG (%) OI Value

RELIANCE - 25-Jul-2019 CE 1300.00 6.4 -6.57 3,535,000 2,032.90

RELIANCE - 25-Jul-2019 CE 1280.00 13.6 18.26 1,530,500 1,884.11

RELIANCE - 25-Jul-2019 CE 1260.00 25.2 34.04 836,500 1,458.16

RELIANCE - 25-Jul-2019 PE 1240.00 3.15 -82.35 1,229,000 1,426.66

SBIN - 25-Jul-2019 CE 360.00 1.2 -56.36 6,543,000 1,127.00

6

Positional Build-up

Long Build-Up

Index Option

Contract Name LTP()

CHG (%)

OI Volume

BANKNIFTY - 25-Jul-2019 PE 29000.00 75.1 4.09 724,460 17,595,720

BANKNIFTY - 25-Jul-2019 PE 29200.00 149.3 24.62 268,320 13,988,740

BANKNIFTY - 25-Jul-2019 CE 32900.00 1.25 47.06 520 111,460

NIFTY - 25-Jul-2019 PE 12000.00 653.5 3.66 432,375 295,050

NIFTY - 25-Jul-2019 CE 11050.00 310 6.4 825 300

Stock Option

Contract Name LTP()

CHG (%)

OI Volume

JUBLFOOD - 25-Jul-2019 CE 1220.00 29.7 64.54 68,000 295,000

KOTAKBANK - 25-Jul-2019 PE 1100.00 0.9 28.57 800 2,000

PNB - 25-Jul-2019 PE 65.00 0.25 400 1,197,000 952,000

LT - 25-Jul-2019 PE 1380.00 24.2 30.81 177,000 677,250

IGL - 25-Jul-2019 CE 300.00 19 10.79 38,500 8,250

Short Build-Up

Index Option

Contract Name LTP()

CHG (%)

OI Volume

BANKNIFTY - 25-Jul-2019 PE 28900.00 49 -8.92 178,960 6,293,900

NIFTY - 25-Jul-2019 PE 10600.00 0.9 -30.77 91,200 44,475

BANKNIFTY - 25-Jul-2019 CE 29500.00 37.3 -72.4 836,680 18,383,220

BANKNIFTY - 25-Jul-2019 PE 28800.00 32.5 -21.5 176,360 6,268,660

NIFTY - 25-Jul-2019 CE 11450.00 5.9 -69.74 1,743,750 22,209,900

Stock Option

Contract Name LTP()

CHG (%)

OI Volume

PNB - 25-Jul-2019 CE 72.50 0.15 -83.33 1,274,000 7,189,000

SRTRANSFIN - 25-Jul-2019 CE 1000.00 10.4 -82.52 35,400 117,600

INFY - 25-Jul-2019 CE 830.00 0.3 -14.29 200,400 848,400

BIOCON - 25-Jul-2019 CE 265.00 0.05 -80 559,800 41,400

TITAN - 25-Jul-2019 PE 1080.00 3.9 -61.58 240,000 972,750

7

Put-Call Ratio

Symbol Put Call Total Ratio

NIFTY-31-Dec-2020 4,972,950 17,475 4,990,425 284.58

BANKNIFTY-26-Sep-2019 50,440 900 51,340 56.04

INFY-26-Sep-2019 1,830,000 63,600 1,893,600 28.77

NIFTY-25-Jun-2020 5,383,000 243,000 5,626,000 22.15

NIFTY-30-Dec-2021 869,775 78,900 948,675 11.02

Best Call & Put Option For Next

Trading Session

Option CALL/PUT Strike Price Level Target 1 Target 2 Stop Loss

KOTAK BANK CALL 1480 20.50 28 35.5 13

ADANI PORTS PUT 410 9.90 8.7 7.5 11.1

8

STOCK IN NEWS

Just Dial shares gain 3% as brokerages remain positive

after Q1 earnings.

Mastek slips 10% on poor Q1 numbers.

Indian Overseas Bank narrows Q1 loss to Rs 342 cr, asset

quality weakens.

Yes Bank shares fall 4% after 2 promoters create pledge

on entire stake.

Pricing worry for Hindustan Zinc, but cash offers comfort.

TVS Motors Q1 – Decent show amid industry woes,

valuation lofty.

Alembic Pharmaceuticals gains 2% on USFDA approval

for Dapagliflozin tablets.

Va Tech Wabag gains 6% on winning order worth Rs

1,187 crore.

Cupid locked at 20% upper circuit on strong Q1 show.

9

DISCLAIMER

The information and views in this report, our website & all the service we

provide are believed to be reliable, but we do not accept any responsibility (or

liability) for errors of fact or opinion. Users have the rights to choose the

product/s that suits them the most. Investment in Stocks has its own risks.

Sincere efforts have been made to present the right investment perspective. The

information contained herein is based on analysis and upon sources that we

consider reliable. We do not vouch for the accuracy or the completeness

thereof. This material is for personal information and we are not responsible for

any loss incurred based upon it & takes no responsibility whatsoever, for any

financial profit or losses which may arise from the recommendations given

above. The stock price projections shown are not necessarily indicative of future

price performance. The information herein, together with all estimates and

forecasts, can change without notice. Reddito Capital Investment Advisors

Private Limited does not purport to be an invitation or an offer to buy or sell any

financial instrument. Analyst or any person related to Reddito Capital

Investment Advisors Private Limited might be holding positions in the stocks

recommended. It is understood that anyone who is browsing through the site

has done so at his free will and does not read any views expressed as a

recommendation for which either the site or its owners or anyone can be held

responsible for. Any surfing and reading of the information is the acceptance of

this disclaimer. All Rights Reserved. Our Clients (Paid or Unpaid), any third party

or anyone else have no rights to forward or share our calls, SMS, reports or any

other Information provided by us to/with anyone which is received directly or

indirectly by them. If found so then Serious Legal Actions can be taken. Any

surfing and reading of the information is the acceptance of this disclaimer. All

Rights Reserved by Reddito Capital Investment Advisors Private Limited.