Indian shares rose sharply on Friday to snap a five-session losing streak as U.S. bond yields edged offthe 14-month highs reached the day before in reaction to the Fed's decision to allow inflation toaccelerate more than normal. Bond markets have experienced sharp moves earlier this week as theU.S. Federal Reserve upgraded expectations for GDP growth and inflation and cut estimates for theunemployment rate. The 10-year Treasury yield pulled back after economic data released overnightproved to be a mixed bag. Nifty index ended up 186.15 points, at 14,744.

Bears loose its winning streak in previous session and bulls come back in charge. In daily chart niftyformed piercing pattern which consider as a reversal pattern which may leads in further upside in theindex. However, Nifty just closed below 50 SMA & 20 SMA placed at 14748, 14902 respectively,which may act as hurdle for bulls.

Nifty Levels

Prev. Close 14,744

Trend Neutral

Resistance 3 14,965

Resistance 2 14,881

Resistance 1 14,829

Support 1 14,659

Support 2 14,607

Support 3 14,523

Index Data

NIFTY14,744.001.28%

SENSEX49,858.241.30%

BANKNIFTY34,161.600.9%

INDIAVIX19.99-0.46%

10YR G-SEC6.19%0.00

USDINR72.41-0.38%

Market Insight22-Mar-2021

News Buzz

Script NamePrev. Close

NewsNews

ImpactTechnical Trend Support Resistance

Adani Green Energy Ltd.

1,192.605.00%

Company announced that it has signed an agreement topurchase 100% stake in Toronto-headquartered SkyPowerGlobal's 50MW solar power project in Telangana. With thisacquisition, AGEL shall increase its operating renewablecapacity of 3,395 MW with a total renewable portfolio of14,865 MW. (livemint.com).

Positive Bullish 10771253/1294

Power Grid Corporation of

(India) Ltd.

230.204.14%

Power Grid Corporation (PGCIL) has signed a share purchaseagreement with Jaiprakash Power Ventures to acquire 74%stake in Jaypee POWERGRID Ltd (JPL) for Rs 351.64 crore. Oncompletion of the transaction, JPL will become a wholly-owned subsidiary of PGCIL. (cnbctv18.com)

Positive Bullish223/218

237/244

Voltas Ltd.980.25-0.68%

Voltas Limited is expecting a strong double-digit growth insales of air conditioners this year on account of "buoyantsummer" and hybrid working model adopted by people in thebackdrop of the Covid pandemic, a top company official hassaid. Its present AC sales between the metros and non-metrosare in the ratio of 55:45, but the company is expecting thisnumber to be reversed in the future. (business-standard)

Positive Bearish962/939

1005/1032

Bharat Dynamics Ltd.

345.651.07%

State-owned defence company Bharat Dynamics has signed acontract for the production and supply of Milan-2T Anti-TankGuided Missiles. The contract value is Rs 1,188.12 crore.(moneycontrol.com)

Positive Consolidation 323363/397

1.5 5.

6

21.2

16.1

16.7 22

.5

22.6

44.4

25.0 31

.0

29.9

27.6

29.7

55.0

25.2

19.4

16.0

8.3

16.6

3.5

3.6

2.1

-

10

20

30

40

50

60

Tho

usa

nd

s C

on

trac

ts

CE

PE

0.6

4.3

8.1

4.8

3.1

-2.1

-2.9

-7.8

3.9

9.8

6.2 7.

8

14.8

14.5

7.5

5.2

0.6

-5.1 -4.0

-0.2

-0.5

-0.2

(10)

(5)

-

5

10

15

20

Tho

usa

nd

s C

on

trac

ts

CE

PE

Index NIFTY Change Fut Closing 14756.45 1.2%

Prem /Disc 12.45 -6.75

OI Qty 1.22 Cr. -2.0%

Nifty PCR 1.12

Highest OI 16000 CE 14500 PE

• NIFTY future was up 1.23% with decrease in O I by 2%.

• Nifty Put O I addition was seen at 14400 followed by 14500 whichcan act as short term support

• Nifty Call O I addition was seen at 15000 which can act as shortterm resistance

Index BANKNIFTY Change

Fut Closing 34205.6 0.9%

Prem/Disc 44.00 12.55

OI Qty 0.33 Cr. -1.0%

Highest OI 36000 CE 33000 PE

• Nifty Bank future was up 0.94% with decrease in O I by 0.98%.

• Nifty Bank Put O I addition was seen at 33000 followed by 32500which can act as short term support.

• Nifty Bank Call O I addition was seen at 37000 followed by 36000which can act as short term resistance.

1.2

0.5 3

.6 5.4

25

.5

21

.2

33

.4

26

.1

46

.5

24

.7

39

.3

24

.1

20

.7

37

.6

23

.8 30

.0

10

.9

10

.4

4.4 6

.9

2.5 3.0

-

10

20

30

40

50

32,000 32,500 33,000 33,500 34,000 34,500 35,000 35,500 36,000 36,500 37,000

Tho

usa

nd

s C

on

trac

ts

CE

PE

-0.0

0.1 0.8 2.

8

0.2

4.7

3.3

3.0

10.1

3.7

14.2

4.1

7.4

12.9

7.4

4.2

-2.2 -0

.7

-0.4

-0.4

-0.1

-0.3

(5)

-

5

10

15

20

32,000 32,500 33,000 33,500 34,000 34,500 35,000 35,500 36,000 36,500 37,000Th

ou

san

ds

Co

ntr

acts

CE

PE

OI

OI Change

Index Option Data

Client61%

DII6%

FII21%

Pro12% 53%

2%

64%

36%

47%

98%

36%

64%

Client

DII

FII

Pro

Future Index Long % Future Index Short %

Participant wise OI Activity ( Fig in ‘000 Contracts)

Index Future OI %

Participant Type

Index Fut Activity

Call Activity

Put Activity

Retail 1.9 -59.2 47.7

DII -0.2 0.0 0.0

FII 12.4 11.3 -2.3

Pro -14.1 48.0 -45.4

• FII covered the short Index future by 12.4k contracts and Client covered the short Index future by 1.9k contracts

• FII added Long calls by 11.3k contracts and added short puts by 2.3 k contracts

• Client added Short calls by 59.2k contracts and added long puts by 47.7 k contracts

Derivative Activity

Oversold Bearish Neutral Bullish Overbought

Monthly Sentiment MeterPrice & OI Activity Study of All Derivative Scripts

Oversold Bearish Neutral Bullish Overbought

Weekly Sentiment MeterPrice & OI Activity Study of All Derivative Scripts

Open Interest Gainers

Symbol Trend Future Price

Price Chng%

Fut OI Chng%

CUMMINSIND Up 890.2 4.4% 32.6%

CHOLAFIN Up 552.45 4.3% 32.0%

M&MFIN Neutral 216 6.9% 10.3%

Open interest Losers

Symbol Trend Future Price

Price Chng%

Fut OI Chng %

TVSMOTOR Down 583.9 2.1% -11.8%

APOLLOTYRE Down 225.15 3.5% -11.1%

LICHSGFIN Down 419 2.3% -11.0%

Volume Gainers

Symbol Trend Future Price

Price Chng%

3 Day VolChng %

SUNTV Down 479.1 2.9% 195.9%

BHEL Up 52.05 -0.4% 170.3%

GRASIM Up 1416 1.7% 125.2%

Highest Position Carry forward %

Symbol Trend Future Price

Price Chng%

O I Chng / Volume

CUMMINSIND Up 890.2 4.4% 17.5%

CHOLAFIN Up 552.45 4.3% 13.0%

AARTIIND Neutral 1255.1 1.1% 12.3%

Stocks Near Highest Call Open Interest

Symbol Trend Future Price

Highest Call OI

No of Contracts

HINDUNILVR Up 2313.05 2300 1166

BAJFINANCE Up 5459.35 5500 945

BANDHANBNK Neutral 347.25 350 580

Stocks Near Highest Put Open Interest

Symbol Trend Future Price

Highest Put OI

No of Contracts

SBILIFE Down 907.35 900 983

INDUSINDBK Down 1014.35 1000 807

TATACONSUM Down 601 600 341

BAN ScriptsIDEA: 94%, SAIL: 90%

Derivative Activity

Symbol Close Trend 5 Day SMA 10 Day SMA20 Day

SMAR3 R2 R1 S1 S2 S3

NIFTY 14744 Neutral 14806.7 14935.1 14931.2 14965.2 14880.7 14829.4 14658.6 14607.3 14522.8

BANKNIFTY 34161.6 Down 34536.5 35074.9 35409.2 34896.1 34615.5 34445.1 33878.1 33707.7 33427.1

ADANIPORTS 686.25 Down 701.0 724.4 710.4 703.1 696.7 692.8 679.7 675.8 669.4

ASIANPAINT 2411.25 Up 2418.7 2414.9 2399.7 2459.2 2440.9 2429.8 2392.7 2381.6 2363.3

AXISBANK 726.25 Down 732.6 740.3 740.7 749.8 740.8 735.3 717.2 711.7 702.7

BAJAJ-AUTO 3649.95 Down 3654.6 3742.4 3833.8 3725.5 3696.6 3679.1 3620.8 3603.3 3574.4

BAJAJFINSV 9440.7 Down 9576.0 9772.7 9930.4 9721.1 9614.0 9548.9 9332.5 9267.4 9160.3

BAJFINANCE 5453.2 Up 5432.9 5455.0 5449.7 5624.4 5559.0 5519.3 5387.1 5347.4 5282.0

BHARTIARTL 529.95 Down 528.7 528.7 544.5 542.4 537.6 534.7 525.2 522.3 517.5

BPCL 432.95 Down 439.3 447.2 448.9 444.7 440.2 437.5 428.4 425.7 421.2

BRITANNIA 3466.6 Down 3467.1 3466.7 3437.5 3534.5 3508.6 3492.8 3440.4 3424.6 3398.7

CIPLA 760.65 Down 780.0 794.4 797.9 776.5 770.4 766.8 754.5 750.9 744.8

COALINDIA 136.3 Down 141.6 144.4 145.4 139.3 138.1 137.4 135.2 134.5 133.3

DIVISLAB 3370.3 Down 3373.9 3448.3 3471.8 3439.7 3413.2 3397.1 3343.5 3327.4 3300.9

DRREDDY 4274.45 Down 4342.4 4417.1 4464.5 4356.1 4324.9 4306.0 4242.9 4224.0 4192.8

EICHERMOT 2661.5 Up 2665.6 2643.8 2602.7 2725.9 2701.3 2686.4 2636.6 2621.7 2597.1

GAIL 138.5 Down 137.9 142.8 144.2 142.0 140.7 139.9 137.1 136.3 135.0

GRASIM 1411.25 Up 1392.6 1380.5 1323.6 1445.8 1432.6 1424.6 1397.9 1389.9 1376.7

HCLTECH 960.45 Up 981.9 977.3 957.5 981.6 973.5 968.6 952.3 947.4 939.3

HDFC 2531.65 Down 2528.3 2548.2 2597.3 2593.7 2570.0 2555.6 2507.7 2493.3 2469.6

HDFCBANK 1497.5 Down 1509.3 1528.2 1545.7 1527.9 1516.3 1509.2 1485.8 1478.7 1467.1

HDFCLIFE 688.45 Down 694.9 711.2 713.5 705.0 698.7 694.9 682.0 678.2 671.9

HEROMOTOCO 3119.15 Down 3200.0 3306.7 3344.8 3192.8 3164.6 3147.6 3090.7 3073.7 3045.5

HINDALCO 335.1 Neutral 333.3 335.4 337.0 345.5 341.5 339.1 331.1 328.7 324.7

HINDUNILVR 2312.05 Up 2246.8 2226.9 2202.3 2351.8 2336.6 2327.4 2296.7 2287.5 2272.3

ICICIBANK 586.65 Down 592.9 605.7 613.5 603.4 597.0 593.1 580.2 576.3 569.9

Nifty 50 Stock Levels

Symbol Close Trend 5 Day SMA 10 Day SMA20 Day

SMAR3 R2 R1 S1 S2 S3

INDUSINDBK 1011.9 Down 1021.8 1027.8 1051.2 1054.1 1038.0 1028.2 995.6 985.8 969.7

INFY 1344.45 Up 1370.8 1361.8 1327.3 1372.5 1361.8 1355.3 1333.6 1327.1 1316.4

IOC 98.75 Down 97.1 99.1 99.5 100.8 100.0 99.5 98.0 97.5 96.7

ITC 222.95 Up 213.5 210.9 210.1 227.4 225.7 224.7 221.2 220.2 218.5

JSWSTEEL 440.55 Up 429.6 420.4 416.0 452.4 447.9 445.1 436.0 433.2 428.7

KOTAKBANK 1834.1 Down 1876.8 1908.3 1897.1 1879.4 1862.1 1851.6 1816.6 1806.1 1788.8

LT 1411.25 Down 1450.3 1479.9 1484.8 1441.9 1430.2 1423.1 1399.4 1392.3 1380.6

M&M 850.3 Up 846.4 850.6 849.0 871.9 863.6 858.6 842.0 837.0 828.7

MARUTI 7113.5 Down 7122.0 7189.4 7138.6 7277.8 7215.1 7176.9 7050.1 7011.9 6949.2

NESTLEIND 16450.8 Down 16598.8 16738.8 16570.3 16746.9 16633.8 16565.1 16336.5 16267.8 16154.7

NTPC 108.5 Down 108.0 108.9 108.3 110.7 109.9 109.4 107.6 107.1 106.3

ONGC 110.5 Down 111.7 113.5 112.9 113.7 112.5 111.7 109.3 108.5 107.3

POWERGRID 230.2 Up 224.7 221.6 222.6 234.8 233.1 232.0 228.4 227.3 225.6

RELIANCE 2082 Down 2078.4 2130.5 2117.3 2130.9 2112.2 2100.9 2063.1 2051.8 2033.1

SBILIFE 906.7 Down 906.0 919.5 900.6 926.9 919.2 914.5 898.9 894.2 886.5

SBIN 371.15 Down 374.8 381.1 390.3 381.4 377.5 375.1 367.2 364.8 360.9

SHREECEM 26936.75 Down 27187.5 27406.5 27515.3 27534.7 27306.3 27167.6 26705.9 26567.2 26338.8

SUNPHARMA 578.3 Down 591.4 604.5 607.0 590.7 586.0 583.1 573.5 570.6 565.9

TATAMOTORS 308.95 Down 312.9 317.2 323.2 320.2 315.9 313.3 304.6 302.0 297.7

TATASTEEL 733 Down 722.8 725.4 727.5 753.6 745.7 741.0 725.0 720.3 712.4

TCS 3050.4 Up 3086.0 3069.2 3034.1 3107.4 3085.7 3072.4 3028.4 3015.1 2993.4

TECHM 989.45 Up 1014.8 1002.4 981.6 1011.6 1003.1 998.0 980.9 975.8 967.3

TITAN 1465.5 Up 1484.4 1478.8 1462.5 1497.7 1485.4 1477.9 1453.1 1445.6 1433.3

ULTRACEMCO 6671.95 Up 6600.9 6670.5 6526.9 6818.1 6762.2 6728.4 6615.5 6581.7 6525.8

UPL 625.45 Up 617.2 618.6 599.2 644.1 637.0 632.6 618.3 613.9 606.8

WIPRO 410.5 Down 420.9 422.2 423.7 419.4 416.0 413.9 407.1 405.0 401.6

Nifty 50 Stock Levels

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