March 20, 27, 2016
January 12, 2017
December 2017
Currency Futures (NSE)
Currency
USDINR
EURINR
GBPINR
JPYINR
Expiry
March
March
March
March
Spot
65.3850
70.3550
80.9400
5809.4900
Call
OI
127215
116567
277966
187608
204195
Open
65.4900
70.4100
81.1175
58.1600
High
65.4900
70.5550
81.1700
58.2000
Low
65.4500
70.4100
81.1175
58.1225
Strike Price
Trade
Sheet :
:
Trade
Sheet
Close
65.4600
70.5200
81.1275
58.1850
% chg
-0.17%
0.03%
0.03%
0.34%
OI
% Chg in OI
1440000
0.0%
48556
0.3%
57552
0.0%
25079
0.3%
Put
OI
115573
288225
272099
153059
221962
POSITIONAL SPREAD BUY EURINR16DECFUT NSECDSL
SELL USDINR17JANFUT NSECD 68.245 /SELL
68.61 TGT 67.65
USDINR16DECFUT NSECD CMP 3.21 SL 2.74 TGT 3.98
SELL USDINR17JAN 67.5 PE / SELL USDINR17JAN 69.25 CE
TGT 0.02 SL 0.27 CMP 0.18
Option Monitor
IV
3.89
5.00
6.35
7.78
8.93
% Chg in OI
129.10%
88.18%
401.26%
464.06%
891.91%
Volume
155646
155917
50719
34507
38822
Premium
0.0500
0.0175
0.0100
0.0075
0.0050
Premium
0.4900
0.9550
1.4300
1.9500
2.4225
% Chg in OI
246.66%
96.23%
910.02%
701.44%
0.00%
65.8
66.85
68.2
65.7
66.35
65.6
68.1
65.5
65.85
68
65.4
65.3
65.35
67.9
65.2
64.85
67.8
65.1
64.35
67.7
0
0
100000
100000
200000
200000
300000
300000
400000
400000
Source: Reuters
Source: Reuters
FII Activity
IV
5.16
7.06
8.42
11.77
12.26
Action
BUY
SELL
NET
Days to Expriy
Rs. (Crs)
11396.65
9864.26
1532.39
$ (Mil)
1704.62
1475.42
229.20
9
66.00
66.50
67.00
67.50
68.00
57622
24572
3752
2865
336
10 Yr Bonds Yields
7
6.9
6.8
6.7
6.6
6.5
6.4
6.3
6.2
6.1
6
2.7
2.5
2.3
2.1
1.9
1.7
1.5
68.00
68.00
67.50
67.50
67.00
67.00
66.50
66.50
66.00
66.00
Open Interest Distribution
Put
Put
Call
Call
Correlation Between Nifty v/s USDINR
9180
9220
9370
9160
9170
9170
9140
9120
8970
9120
9070
9100
8770
9020
9080
8570
8970
9060
8370
9040
8920
8870
8170
USDINR
USDINR
Nifty (RHS)
Nifty (RHS)
Source: Reuters
India
US (RHS)

Market Snapshot
Rupee rose 1.7% last week as a win by PM Narendra Modi’s party in the nation’s most populous state and the Fed's stance boosted sentiment. Sensex
rose 0.2 % on Mar.17, where FII’s bought Rs.15.32 billion in local shares.
There was limited initial reaction to the Group of 20 meeting over the weekend which retained the familiar form of words on currency intervention but
dropped a pledge to avoid trade protectionism. In the US, 9 different policy makers set to speak this week, including Chair Janet Yellen on Thursday.
European Opinion polls out over the weekend showed centrist Emmanuel Macron and far-right leader Marine Le Pen were running neck and neck for
the first round of voting in France's presidential election, due April 23. Yet they also showed Macron would beat her comfortably in the second-round
run-off on May 7.
Technical Chart
Currency
USDINR
EURINR
GBPINR
JPYINR
Currency
Dollar Index
Euro
Pound
Yen
Support - Resistance for the day
Pivot
65.47
70.50
81.14
58.17
Open
100.33
1.0738
1.2398
112.69
Previous
28.10B
-0.30%
S1
65.44
70.44
81.11
58.14
High
100.31
1.0762
1.2398
112.76
Period
6-Month
6-Month
S2
65.43
70.35
81.09
58.09
Low
100.15
1.0729
1.2367
112.45
Forward
67.0050
68.5225
R1
65.48
70.58
81.16
58.22
Close
100.16
1.0761
1.2382
112.50
Future
66.8750
68.1375
65.51
70.64
81.19
58.25
% chg
0.18%
-0.23%
0.08%
0.18%
NDF
66.6250
68.1250
International Pairs
Economic Data
Today
-
-
Currency
-
-
Expected
-
-
Previous
-
-
Yesterday
Currency
Trade Balance (Jan)
EU
Industrial Production (MoM) (Feb)
US
Actual
-0.6B
0.00%
Forward Market (OTC/ Interbank)
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