The Indian equity market closed almost at the same zone where it had ended on Monday. After a mid-week break, indices were completely lackluster and were struggling to find any specific direction. Market partici- pants also preferred to remain on the sidelines ahead of the F&O expiry on Thursday.

1. DAILY DERIVATIVE REPORT
28 JAN 2015
YOUR MINTVISORY Call us at +91-731-6642300
 The Indian equity market closed almost at the same zone where it had ended on Monday. After a mid-week
break, indices were completely lackluster and were struggling to find any specific direction. Market partici-
pants also preferred to remain on the sidelines ahead of the F&O expiry on Thursday.
 The BSE Sensex opened at 24,643, touched an intra-day high of 24,646 and low of 24,458. It finally ended with
a gain of mere six points at 24,492. The NSE Nifty opened at 7,470 hitting a high of 7,478 and low of 7,420, be-
fore ending with a gain of mere two points at 7,437.
 The Nifty was unable to gain momentum and see sawed around 7440. It finally ended almost flat at 7437. Nifty
futures discount widened to 5 point. India VIX fell 4.3% to 19.1
 FIIs sold | 367 crore while DIIs bought | 500 crore in the cash segment. FIIs sold | 619 crore in index futures
and bought | 1052 crore in index options. In stock futures, they bought | 852 crore
 The highest Put base is seen to 7400 Put strike with 58 lakh shares while the highest Call base is at the 7500
strike with 60 lakh shares. The 7500 Call strike saw additions of 4.13 lakh shares. The 7400 Put strike saw addi-
tion of 10.8 lakh shares
 Nifty Future: The Nifty is likely to open flat on the back of mixed global cues. It is likely to trade in the range of
7380-7490. Buy Nifty in the range of 7414-7424 for targets of 7455-7475, stop loss: 7399

 Bank Nifty Future: The Bank Nifty witnessed a broader intraday range but ended almost flat. The index saw
support near 15400 with rollovers in line with expectation indicating volatility can be seen due to January se-
ries expiry. Buy Bank Nifty in the range of 15400-15450, targets: 15550-15650, stop loss: 15320
NIFTY SNAPSHOT & PIVOT POINTS
SPOT FUTURE
COST OF
CARRY
TOTAL FUT OI PCR OI PCR VOL ATM IV
CURRENT 7438 7433 -21.35 27934650 0.83 0.89 18.12
PREVIOUS 7436 7435 -1.15 23951175 0.83 1.02 17.75
CHANGE(%) 0.02% -0.03% 16.63% - - -
PIVOT LEVELS S3 S2 S1 PIVOT R1 R2 R3
NIFTY FUTURE 7324 7382 7408 7440 7466 7498 7556
INDEX OUTLOOK
MARKET ROUND UP

2. DAILY DERIVATIVE REPORT
28 JAN 2015
YOUR MINTVISORY Call us at +91-731-6642300
INTRADAY STRATEGY
i) UNION BANK FUTURE ii) HIND PETRO FUTURE
Buy future around 126-128 Sell future around 810-815
View : Bullish View : Bearish
Strategy : Future Strategy : Future
Target1 : 132 Target 2 : 135 Target1: 790 Target 2 : 780
Stop loss : 123 Stop loss : 825
Market Lot : 3000 ,CMP : 130.50 Market Lot : 600 ,CMP : 810
STOCK ANALYSIS
OPEN INTEREST ACTIVITY
LONG BUILD UP SHORT BUILD UP
SYMBOL OI (LOTS)
%
CHNG
PRICE %CHNG SYMBOL OI (LOTS)
%
CHNG
PRICE %CHNG
INFRATEL 1373.00 268.1 382.90 3.70 GODREJCP 284.00 289 1153.00 [0.5]
POWERGRID 3183.00 223.2 138.40 4.30 HAVELLS 2057.00 232.9 300.30 [0.2]
GAIL 4096.00 216.5 355.35 0.40
AMARAJA-
BAT
571.00 219 816.05 [3.2]
TATACHEM 3543.00 195 352.80 0.80 KSCL 2097.00 213.5 325.30 [1.8]
KTKBANK 2622.00 186.9 100.90 1.10 OFSS 500.00 197.6 3701.00 [0.3]
 OI addition : We saw long built up in hindzinc, axisbank, jindal steel, idbi, sksmicro while short built up
was seen in godrej, exide, m&m fin, maruti, tata motors.
 OI Shedding : We saw short covering in bankindia, pnb, acc, adaniports, ucobank and long unwinding was seen in
bajaj auto, kscl, tata global, federal bank, ioc.

3. DAILY DERIVATIVE REPORT
28 JAN 2015
YOUR MINTVISORY Call us at +91-731-6642300
Instrument
Type
Symbol Expiry
Date
Option
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Traded
Value
(Lakhs)
OPTSTK AXISBANK 28JAN2016 CE 420 4.95 7,661 32,523.24
OPTSTK RELIANCE 28JAN2016 CE 1,020 7.60 7,297 37,652.16
OPTSTK RELIANCE 28JAN2016 CE 1,040 4.30 6,982 36,552.86
OPTSTK SBIN 28JAN2016 CE 180 2.95 6,484 23,699.02
OPTSTK AXISBANK 28JAN2016 CE 410 9.30 6,312 26,381.64
MOST ACTIVE CALLS
MOST ACTIVE PUTS
Instrument
Type
Symbol Expiry
Date
Option
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Traded
Value
(Lakhs)
OPTSTK AXISBANK 28JAN2016 PE 400 6.00 8,118 33,065.43
OPTSTK AXISBANK 28JAN2016 PE 390 3.50 3,958 15,609.56
OPTSTK AXISBANK 28JAN2016 PE 380 2.20 3,940 15,074.44
OPTSTK RELIANCE 28JAN2016 PE 980 16.00 3,595 17,853.49
OPTSTK RELIANCE 28JAN2016 PE 960 9.00 3,418 16,537.48
FII ACTIVITY (IN RS. CRORE)
BUY SELL OPEN INTEREST AT THE
END OF THE DATE
DERIVATIVE
PRODUCT
NO.OF
CON-
TRACTS
AMOUNT
IN CRORES
NO.OF
COTRACTS
AMOUNT
IN CRORES
NO. OF
CONTRACTS
AMOUNT
IN CRORES
INDEX FUTURES
37518 1992.94 34141 1834.87 300995 16055.32
INDEX OPTIONS
691404 37978.27 709505 39065.27 1380004 75549.11
STOCK FUTURES 96650 4621.74 80142 3827.39 1097744 49461.89
STOCK OPTIONS 76496 3691.61 78926 3825.34 88349 4066.52

4. DAILY DERIVATIVE REPORT
28 JAN 2015
YOUR MINTVISORY Call us at +91-731-6642300
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 right to choose the product/s that suits them the most. Sincere
efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on
sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as
only factor, while making investment decision. The report does not provide individually tailor-made investment advice.
Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to
seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information
given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily
indicative of future price performance.
The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic re-
search 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. Investment in equity & bullion mar-
ket has its own risks. We, however, do not vouch for the accuracy or the completeness thereof.
We are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations
above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid),
any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any 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.
PRICE VOLUME OI MARKET
RISING UP UP STRONG
RISING DOWN DOWN WEAK
DECLINING UP UP WEAK
DECLINING DOWN DOWN STRONG
GENERAL RULES FOR OPEN INTEREST & VOLUME