OPTION DAILY NEWS LETTER

FOR 03RD NOV., 2014

STOCK /COMMODITY/FOREX/PMS/WEALTH MANAGEMENT

Technical based Trading and investment call Entry- Exit Trend Reversal+ Proper Stop loss

MARKET OVERVIEW OF DAY

The nifty futures open interest increased by +11.89%while bank nifty futures
open interest has increased by +6.947% as market closed at levels respectively
8353& 17147.

The nifty NOV future closed at a premium of 31point.Against a premium of 29

point. And Dec series closed at a premium of 81 point.

The Bank Nifty Nov future closed at a premium of 107 against a premium of
70 point. And Dec series closed at a premium of 297 point.

The nifty Nov future resistance level is 8355-8400 & support level is 8250 and
8200.
Nifty buy on decline for the target of8400-8500 with the SL of8200.

The Bank nifty Nov future resistance level is 17275-17400-17600 & support
level is 16600-16500-16350.

Banknifty buy on decline for the target of17400-17600 with the SL of 17000.

Monday, 03rd NOV, 2014

www.3mteam.in

Most active CALL option and PUT option:

MOST ACTIVE NIFTY CALL OPTION

SYMBOL STRIKE TRADE CON.
OI
NIFTY
8500
634446 3400150
NIFTY
8400
744539 3353225
NIFTY
8300
684569 3278275
NIFTY
8600
367244 2332000
NIFTY
8200
287395 2145500

MOST ACTIVE BANKNIFTY CALL OPTION

SYMBOL
STRIKE TRADE CON
OI
BANKNIFTY 17500
42186 286525
BANKNIFTY
17000
20672 211525
BANKNIFTY 18000
26400 170825
BANKNIFTY 16000
882
95675
BANKNIFTY 16500
1727
80575

MOST ACTIVE NIFTY PUT OPTION

SYMBOL
STRIKE TRADE CON.
NIFTY
NIFTY
NIFTY
NIFTY
NIFTY

TRADE CON

OI

RELIANCE

1000

12961

1622000

SBIN
INFY

2800
4100

6902
4849

437000
239125

500
160

4621
3682

1119500
1814000

TATASTEEL
IDFC

Monday, 03rd NOV, 2014

504383
586751

5445925
3261625

8100
7900
7800

478730
282900
187088

3116150
2509300
2273925

OI
427550
292325
181725
97700
90750

MOST ACTIVE STOCK PUT OPTION

SYMBOL

STRIKE

8000
8200

MOST ACTIVE BANKNIFTY PUT OPTION

SYMBOL
STRIKE TRADE
CON
BANKNIFTY
16000 26810
BANKNIFTY
16500 25894
BANKNIFTY
15500 13140
BANKNIFTY
17000 11084
BANKNIFTY
15000
4977

MOST ACTIVE STOCK CALL OPTION

SYMBOL

OI

STRIKE

TRADE CON

OI

RELIANCE
ICICIBANK

980
1600

3976
2321

450750
186000

INFY

3900

2146

108500

SBIN

2600

1849

99250

480

1818

287000

TATASTEEL

www.3mteam.in

NIFTY CALL PUT OI- CONCENTRATION

CHANGE IN OPEN INTEREST

Monday, 03rd NOV, 2014

www.3mteam.in

ON CALL OPTION FRONT:

Nifty (27 NOV) Highest open interest concentrating at 8500 CE followed by

8600 CE which will work as resistance keeping premium in mind.
Nifty (27 NOV) 8500 CE Added +16.11 laces shares in open interest

ON PUT OPTION FRONT:

Nifty (27 NOV) Highest open interest concentrating at 8100 PE followed by

8200 PE which will work as support keeping premium in mind.

Nifty (27 NOV) 8200 PE Added +14.59 laces shares in open interest.

INDIA VIX UP BY .23 % CLOSE AT 13.29

Monday, 03rd NOV, 2014

www.3mteam.in

RECOMMENDATION:-

NIFTY BULL CALL SPREAD (NOV FUT)

ACTION

STRIKE

PRICE

BUY CALL

8350

109

SELL CALL
8500

RISK

REWARD

BEP

65

85

8415

44

BANKNIFTY BULL CALL SPREAD (NOV FUT)

ACTION

STRIKE

PRICE

BUY CALL

17200

309

SELL CALL

Monday, 03rd NOV, 2014

17600

RISK

REWARD

BEP

155

245

17354

154

www.3mteam.in

BEST OPTION CALLS FOR NEXT SESSION

TGT

SL

HOLDING
PERIOD

75-80

40

INTRADAY

BELOW 250

300-350

200

INTRADAY

1700

37

50-70

25

1 WEEK

BUY YESBANK CALL

700

16

20-22

14

INTRADAY

BUY RELCAPITAL CALL

480

20

30-35

15

1 WEEK

ACTION

STRIKE

BUY NIFTY CALL

8300

BUY BANKNIFTY CALL

17200

BUY LT CALL

Monday, 03rd NOV, 2014

PRICE
56

www.3mteam.in

For any queries, suggestions and Feedback, kindly mail to enquiry@3mteam.in

Research Team: 09203900646-09301302732 Website: www.3mteam.in

_____________________________________________________________________
Our Corporate Office:

3M TEAM Security Services Pvt Ltd

325 Milinda Manor, 2 RNT Marg
Opp Central Mall
Indore, MP 452001

______________________________________________________________________________________
DISCLAIMER: Stock trading involves high risk and one can lose Substantial amount of money. The recommendations made herein do n ot
constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recom mendations
contained herein will be profitable or they will not result in losses. Readers using the information contained herein are sol ely responsible for
their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The
above recommendations are based on Technical ANALYSIS only.

Monday, 03rd NOV, 2014

www.3mteam.in