Rollover report sep oct 2010-

Rollover Report
India Research
Oct 01, 2010

Rollover in NIFTY (71.70%) has been less in terms of percentage. Market wide rollover is again healthy
at 81.05% and most of the positions are on the long side compared to last two months, where we had
blend of long and short. Open interest in stock futures is above Rs.52K crores but leverage per person is
far less compared to Jan 2008, as number of stocks and number of participants have substantially
increased since then. So, we feel market is not over leveraged.
Month of October is usually not a good month for the markets and hence we are witnessing participants
buying deep out of-money put options. The 5200 strike is one of the most active put for October series.
We don’t see any triggers for market to reach those levels but yes, consolidation with high volatility is
the most probable outcome for coming weeks.

Indices Change NIFTY & PCR Graph
Price
Change 3 month
INDEX Price (%) Rollover avg.

NIFTY 6029.95 10.08 71.70 74.40
BANKNIFTY 12366.35 12.61 70.03 76.97
MINIFTY 6029.95 10.08 74.69 71.16
NFTYMCAP50 3003.85 5.08 0.00 0.00
CNXIT 6613.40 8.13 49.55 53.07

Monthly Gainers Monthly Losers
Price Ol Price Ol
Change Open Change Change Open Change
Scrip Price (%) Interest (%) Scrip Price (%) Interest (%)

RENUKA 87.95 31.17 57592000 27.56 PATNI 414.75 (24.14) 3248500 (16.35)
TATASTEEL 651.85 29.89 23492500 (18.57) FINANTECH 1151.90 (15.53) 2311250 120.28
ISPATIND 22.80 28.09 90398000 1.80 DIVISLAB 689.85 (8.54) 1401000 109.10
KFA 74.15 24.41 15720000 0.92 TATACOMM 306.55 (8.07) 2417000 13.00
TRIVENI 123.25 24.12 4660000 (17.87) GTOFFSHORE 365.55 (7.31) 2124500 30.26
Note: Stocks which have more than 1000 contract in Futures OI. Note: Stocks which have more than 1000 contract in Futures OI.

Sector-wise Open Interest and Rollover

SEBI Registration No: INB 010996539 For Private Circulation Only 1

Derivative Report | India Research

Banking and Financials

 BANKNIFTY (70.03%) has witnessed less rollover
both in terms of percentage and absolute open
interest.

 Heavy weights of the sector like SBIN (61.30%),
HDFCBANK (64.58%) and ICICIBANK (71.77%)
have seen less rollover and OI has also reduced
significantly. Caution is advisable while forming
longs.

 Some Midcap banks like DENABANK (81.32), IDBI
(85.74), IDFC (84.42%) and UNIONBANK
(78.80%) added substantial OI on month-on-
month basis and witnessed strong rollover.

Oil and Gas
 Heavy weight RELIANCE (83.85%) again
underperformed the market. Stock has seen
significant unwinding in the OI which was mainly
due to short covering of positions, rolled over from
Aug-Sep series.

 In this space GAIL (61.45%) and ONGC (66.74)
have witnessed substantial reduction in open
interest. We don’t expect significant upside in both
these stocks.

 In OMCs, there were no considerable changes of
OI in BPCL (79.62%) and IOC (92.20%) while
HINDPETRO (87.77%) added 21% OI.

Metal and Mining
 HINDZINC (85.21) which had observed less
rollover and reduction in open interest last month,
has shown around 40% build up with strong
rollover.

 Stocks like JSWSTEEL (90.20%), SAIL (80.28%),
STER (67.25%) and TATASTEEL (79.73%) have
shown significant reduction in OI due to short
covering.

 JINDALSAW (94.42%) has witnessed healthy long
rollover. Buy on dips should be the strategy. The
stock may outperformer in this space.

For Private Circulation Only SEBI Registration No: INB 010996539 2


Auto and Auto Ancillary

 In this sector, ASHOKLEY (77.97%), BAJAJ-AUTO
(73.04%) and HEROHONDA (72.25%) added
huge open interest on month-on-month basis.
Negative price movement and addition of OI in
ASHOKLEY suggests short formation in the stock.

 MARUTI (84.14%) and TATAMOTORS (79.35%)
were some of the outperformers in Sep. series and
have shown good rollover in percentage but OI
has reduced.

 Rollover in most of the Auto ancillary stocks was in
line of three month average.

Information Technology

 INFOYSTCH (75.90%), TECHM (80.05%) and
WIPRO (84.71%) were the out performers in the
sector.

 TCS (61.89%) rollover is less both in terms of
percentage and absolute open interest.

 Midcap IT counters like FINANTECH (86.99%),
OFSS (91.04%) and ROLTA (85.52%) have added
substantial OI on month-on-month basis and have
underperformed.

Infrastructure
 In Infra sector, most of the stocks have seen strong
rollover. We expect sector to outperform in coming
weeks.
 RELINFRA (93.70%) has given a positive move due
to short covering from its strong support zone of
980-1000. Buy on dips strategy is advisable in this
stock.
 IVRCLINFRA (88.96%) and NAGARONST (92.56%)
rollover has been high. Both these stocks have
strong support around 150-155 zone. Buy around
support.



Price OI Average
Change Change Rollover Rollover
Scrip Price (%) OI Futures (%) COC (%) PCR-OI Over (3month)

AUTO & AUTO ANCILLARIES

APOLLOTYRE 81.10 9.59 13288000 30.12 13.66 0.25 85.13 86.57
ASHOKLEY 72.10 1.55 21752000 44.70 14.46 0.21 77.97 75.52
BAJAJ-AUTO 1469.90 5.77 2547500 74.31 11.84 0.59 73.04 83.31
BHARATFORG 362.50 2.37 5215000 (7.73) 1.98 0.50 90.20 93.30
BOSCHLTD 6180.75 6.51 50625 (5.59) 2.84 0.00 73.83 62.85
EXIDEIND 163.65 11.86 1708000 (1.04) 5.97 0.29 84.89 80.61
HEROHONDA 1858.00 0.60 3987125 45.98 (41.11) 3.35 72.25 78.13
M&M 691.50 11.69 8617750 7.18 3.86 0.41 76.81 83.81
MARUTI 1440.90 17.41 2721500 (32.69) 10.13 0.93 84.14 79.61
TATAMOTORS 1098.10 10.10 13585500 (19.64) 7.66 0.68 79.35 79.00

BANKING & FINANACIALS

ALBK 232.20 9.74 2746000 (19.57) (1.68) 0.88 80.63 71.73
ANDHRABANK 159.70 1.59 4626000 (5.90) 14.28 0.29 84.65 76.05
AXISBANK 1536.60 12.34 3897250 (22.31) 0.93 1.56 72.02 78.70
BANKBARODA 872.50 5.18 1781000 (28.69) 5.38 0.13 74.12 79.17
BANKINDIA 517.45 11.54 3471000 (2.66) 9.57 0.34 82.43 71.48
CANBK 583.05 14.03 1618000 (38.22) 7.38 0.77 82.01 79.09
DENABANK 106.05 1.29 14452000 42.19 17.21 0.18 81.32 81.01
FEDERALBNK 392.10 13.49 1975000 2.28 11.30 1.00 89.01 82.17
HDFC 733.20 16.67 9985000 (9.22) 0.27 0.85 76.72 76.31
HDFCBANK 2489.35 14.28 4095000 (25.00) 0.76 1.42 64.58 76.10
ICICIBANK 1112.95 13.16 17873000 (21.28) 2.11 1.32 71.77 77.41
IDBI 152.40 21.77 26720000 26.79 11.55 0.50 85.74 88.18
IDFC 202.75 10.61 22746000 29.43 8.04 0.41 84.42 79.20
IFCI 61.05 1.83 101516000 4.81 13.88 0.24 92.64 90.17
INDIAINFO 115.00 20.17 14208000 19.07 11.90 0.41 90.03 88.80
INDIANB 278.70 9.92 1460000 25.00 11.23 0.00 76.16 74.88
IOB 131.95 3.61 5688000 22.90 12.84 0.18 74.89 83.03
JINDALSWHL 2132.20 20.04 886000 250.02 14.76 5.13 87.18 85.84
KOTAKBANK 476.30 13.42 5334000 (23.00) 4.79 0.67 60.99 76.86
LICHSGFIN 1436.65 18.96 2533250 (9.74) 12.52 0.40 88.13 87.67
ORIENTBANK 460.80 4.56 2156000 (11.35) 5.94 0.00 75.23 78.70
PFC 343.50 2.03 1004000 2.03 7.59 0.20 81.67 80.89
PNB 1293.20 6.15 2098500 (20.62) 0.50 1.18 71.10 77.58
RECLTD 342.85 4.64 5566000 (0.02) 8.17 0.39 91.54 83.04
RELCAPITAL 780.40 2.17 9729500 16.68 7.68 0.37 86.93 88.96



Price OI Average

SBIN 3240.45 13.06 5810500 (11.29) (17.94) 1.24 61.30 76.01
SRTRANSFIN 775.80 5.32 198000 45.59 4.96 11.67 77.78 0.00
SYNDIBANK 114.60 0.88 6588000 (11.74) 8.53 0.13 86.64 82.56
UCOBANK 113.00 0.13 10372000 (30.30) 13.84 0.38 86.85 83.88
UNIONBANK 388.90 11.70 3231000 30.97 9.22 0.25 78.80 69.16
VIJAYABANK 81.50 (0.43) 20328000 1.15 14.40 0.21 86.23 84.25

CAPITAL GOODS

ABB 921.90 19.39 1607250 9.56 (12.44) 0.50 63.46 68.93
APIL 815.20 9.57 1139500 121.48 5.04 0.00 77.14 84.21
AREVAT&D 290.05 (1.88) 2825000 37.94 11.69 0.06 82.30 71.04
BEL 1739.65 3.17 274875 (22.73) 10.72 0.50 81.81 83.07
BEML 1079.15 7.66 234000 (3.60) 15.70 3.63 84.40 87.35
BGRENERGY 758.75 (3.57) 1339000 177.23 12.54 5.00 86.03 69.83
BHEL 2478.50 (0.35) 3245500 16.83 11.81 0.35 83.48 82.12
CROMPGREAV 312.70 2.21 1664000 24.83 10.63 0.05 64.18 77.77
CUMMINSIND 735.80 3.82 441000 37.60 9.57 0.00 72.90 79.79
LT 2053.15 10.10 3368750 (27.51) 3.11 0.95 72.67 76.69
PRAJIND 74.00 (2.95) 18008000 31.29 14.09 0.21 86.12 87.88
SIEMENS 823.45 14.74 1704000 (0.84) 6.02 0.96 70.16 74.42
VOLTAS 241.40 16.87 2038000 7.49 4.59 4.00 54.37 70.41

CEMENT

ACC 989.85 14.01 2395500 17.60 (1.78) 1.73 73.18 84.29
AMBUJACEM 140.60 15.15 25320000 (12.19) (10.66) 1.25 78.34 82.45
GRASIM 2220.30 8.53 641500 23.40 12.89 14.67 83.05 79.74
INDIACEM 115.90 8.01 18046000 53.43 15.18 0.26 86.31 94.06
ULTRACEMCO 1062.60 13.85 647000 (50.98) 4.85 0.00 70.94 80.41

CHEMICAL & FERTILIZERS

CHAMBLFERT 68.90 1.92 16848000 45.24 12.30 0.12 87.51 84.63
NAGARFERT 29.75 (2.30) 36208000 (7.56) 17.53 0.13 89.73 89.11
TATACHEM 399.60 2.40 3764000 16.50 8.32 0.44 85.20 84.88
UNIPHOS 179.40 (3.94) 6710000 (10.63) 12.35 0.04 86.80 90.19

CONSUMER GOODS & FMCG

ASIANPAINT 2663.20 (2.91) 186250 114.08 15.59 0.00 84.03 70.66
COLPAL 871.25 5.62 339000 (16.09) 13.69 0.00 83.33 70.48
HINDUNILVR 309.05 16.34 11787000 (21.97) 7.17 0.94 77.00 76.08
ITC 178.30 8.79 29192000 (31.93) 4.39 0.58 68.24 77.46
KSOILS 48.50 (3.48) 29724000 28.50 13.44 0.16 90.24 91.12



Price OI Average

MCDOWELL-N 1573.35 12.92 1276000 (5.20) 8.04 0.50 85.99 87.50
MCLEODRUSS 233.05 (4.33) 6170000 28.49 12.31 0.00 95.40 90.62
RUCHISOYA 129.85 (1.14) 11108000 (17.46) 14.05 1.36 91.81 92.73
TATAGLOBAL 120.20 1.74 10142500 1.60 14.64 0.13 94.01 87.52
TITAN 3273.95 9.86 495875 3.74 13.84 0.25 85.96 79.19

HOTEL

HOTELEELA 52.80 3.73 9432000 33.07 16.05 0.29 81.93 81.41
INDHOTEL 98.70 (5.32) 18340000 22.30 12.55 0.04 88.70 87.78

INFRASTRUCTURES

GMRINFRA 56.80 (5.18) 55772000 23.03 5.74 0.07 88.30 93.28
GVKPIL 46.50 0.65 28664000 27.46 11.21 0.06 91.91 85.06
HCC 58.85 (4.85) 25336000 3.16 14.40 0.12 86.31 87.08
IVRCLINFRA 160.00 (0.87) 6813000 17.49 13.85 0.12 88.96 89.62
JPASSOCIAT 120.80 5.73 38906000 (3.84) 9.71 0.43 86.24 87.34
LITL 72.00 0.91 21664000 19.11 4.53 0.13 81.24 87.13
MUNDRAPORT 167.65 5.58 4872500 4.95 7.00 1.00 89.84 89.37
NAGARCONST 156.90 2.62 5218000 (5.98) 9.14 0.00 92.56 80.94
NOIDATOLL 31.40 (9.38) 5488000 (49.15) 0.00 0.13 0.00 89.49
PATELENG 374.00 0.07 1185000 (6.73) 12.90 0.00 87.59 87.37
PUNJLLOYD 126.55 14.52 32778000 20.85 14.42 0.30 89.35 87.29
RELINFRA 1069.10 6.53 7605500 (23.33) 9.14 0.35 93.70 91.18

INFORMATION TECHNOLOGY

COREPROTEC 299.85 19.70 10134000 2.22 8.48 0.00 90.34 0.00
EDUCOMP 608.35 7.52 3793500 (36.20) (2.36) 0.13 79.53 80.39
FINANTECH 1151.90 (15.53) 2311250 120.28 14.60 0.02 86.99 87.33
FSL 26.90 6.11 35080000 (0.84) 12.11 0.15 91.47 88.34
HCLTECH 420.75 1.65 2001000 (34.03) 2.48 0.41 71.16 73.75
HEXAWARE 75.95 6.97 3456000 13.53 6.87 3.50 83.80 75.76
ICSA 124.25 (4.02) 6242000 (3.01) 18.88 0.03 91.25 93.28
INFOSYSTCH 3050.50 10.30 4574750 5.05 (1.47) 1.10 75.90 75.25
MOSERBAER 66.95 4.77 7412000 2.66 15.58 0.17 85.91 89.63
MPHASIS 621.70 (0.18) 2552500 5.28 11.53 0.41 92.40 85.26
OFSS 2235.45 6.59 383625 44.42 12.57 0.00 91.04 87.89
PATNI 414.75 (24.14) 3248500 (16.35) 13.52 0.15 73.77 80.63
POLARIS 162.85 (4.51) 5578000 18.68 14.01 0.68 84.26 84.32
ROLTA 162.00 (2.59) 5884000 78.74 13.68 0.02 85.52 72.92
TCS 926.95 5.76 5512000 (23.00) 3.23 0.52 61.89 76.42
TECHM 752.00 12.51 1979500 0.84 11.70 0.14 80.05 84.47
WIPRO 449.45 12.42 6884745 (2.27) 3.92 0.36 84.71 81.83



Price OI Average

LOGISTICS

ABGSHIP 239.65 2.33 1095000 40.75 14.41 0.25 81.00 0.00
CONCOR 1299.90 (0.96) 67250 54.60 10.08 0.00 73.61 75.49
EKC 119.00 8.33 8240000 (2.97) 14.24 0.50 92.45 89.68
GESHIP 314.05 4.53 1771000 19.18 12.45 0.10 90.68 76.22
KFA 74.15 24.41 15720000 0.92 8.79 0.19 91.12 91.94
MLL 56.20 10.41 18520000 33.58 15.08 0.11 90.00 88.85
SCI 161.90 0.81 1748000 (6.32) 11.27 0.31 82.15 75.82

MEDIA

DCHL 130.00 1.92 3672000 (41.70) 11.03 5.14 85.02 82.14
DISHTV 55.30 9.83 15888000 11.89 1.18 0.22 83.43 83.12
RELMEDIA 208.75 5.75 2891000 (5.09) 12.49 0.13 92.18 90.18
SUNTV 519.00 11.27 756000 38.33 13.06 0.00 80.29 74.95
TV-18 91.55 2.12 7980000 0.50 15.66 1.00 79.80 86.60
ZEEL 300.20 0.92 3695000 44.56 2.39 0.09 85.33 81.85

METAL & MINING

BHUSANSTL 415.50 14.14 1608750 1.30 14.27 0.13 79.06 80.43
GMDCLTD 130.70 8.42 2504000 (28.82) 13.46 2.09 82.83 79.16
HINDALCO 197.05 20.12 21164000 (4.67) (2.32) 0.81 71.79 77.87
HINDZINC 1078.85 1.48 449750 40.44 11.12 0.00 85.21 76.45
ISPATIND 22.80 28.09 90398000 1.80 17.15 0.44 93.59 89.20
JINDALSAW 214.00 4.11 9196000 9.61 12.79 0.06 94.42 89.45
JINDALSTEL 707.25 (0.18) 6024000 (7.57) 8.75 0.34 83.67 78.15
JSWSTEEL 1333.45 18.45 4553000 (23.98) 13.64 0.57 90.20 87.06
NATIONALUM 398.95 (2.67) 2015000 (9.11) (2.94) 0.05 90.32 77.76
SAIL 205.10 10.69 7268000 (16.54) 9.85 0.53 80.28 78.16
SESAGOA 328.20 2.26 14310000 (7.14) (2.18) 0.33 79.66 84.11
STER 166.90 10.06 33003000 (26.58) 3.91 0.32 67.25 84.93
TATASTEEL 651.85 29.89 23492500 (18.57) 9.40 1.01 79.73 85.79

OIL & GAS

ABAN 826.15 5.03 2563250 (20.33) 7.26 0.18 91.81 87.80
BPCL 749.55 (1.85) 4156500 0.87 12.43 0.44 79.62 82.79
CAIRN 335.00 (1.30) 17898000 (8.46) 8.56 0.26 84.53 88.57
CHENNPETRO 252.15 0.08 1033000 (31.63) (1.55) 0.67 82.38 66.77
ESSAROIL 128.80 1.90 21486000 (3.19) 11.13 0.06 90.51 90.92
GAIL 477.55 6.94 2759000 (49.13) 5.46 0.25 61.45 68.46
GSPL 109.80 (3.13) 11192000 50.92 14.84 0.13 86.24 83.67



Price OI Average

GTOFFSHORE 365.55 (7.31) 2124500 30.26 14.98 0.33 89.62 86.50
HINDPETRO 507.15 (3.47) 13742000 21.04 12.85 0.23 87.77 88.17
IOC 416.80 3.17 6144000 (4.66) 13.14 0.19 92.20 87.52
MRPL 76.45 (0.52) 13240000 13.24 12.79 0.03 88.49 85.70
ONGC 1404.10 8.86 2293500 (21.39) 7.01 0.52 66.74 60.27
PETRONET 105.95 (3.51) 8176000 27.11 13.53 0.13 80.33 67.22
RELIANCE 987.25 3.22 26613000 (24.19) 8.91 0.41 83.85 84.57
RNRL 38.65 3.20 33636000 0.20 15.18 0.09 87.67 81.09

PHARMACEUTICAL & HEALTH CARE

AUROPHARMA 1038.00 0.32 1032500 (35.85) 15.76 48.00 74.46 80.02
BIOCON 359.30 7.21 3406000 19.22 15.78 0.07 91.31 87.30
CIPLA 322.35 4.78 4956000 (36.87) 7.08 0.25 72.09 77.22
DABUR 108.00 3.35 5348000 9.41 5.43 1.19 76.22 80.28
DIVISLAB 689.85 (8.54) 1401000 109.10 15.97 0.00 82.08 79.08
DRREDDY 1441.70 7.66 1450250 (15.92) 2.22 0.17 67.16 80.53
FORTIS 157.75 1.25 6294000 3.18 13.22 0.08 84.24 81.56
GLAXO 2209.95 17.96 247625 3.23 15.63 61.00 96.01 94.28
LUPIN 388.10 3.88 2542500 (28.43) 12.26 0.00 79.40 83.63
OPTOCIRCUI 296.80 5.23 873000 (20.85) 13.18 0.00 83.62 79.83
ORCHIDCHEM 234.30 21.78 11240000 97.33 10.85 0.19 92.47 89.77
PIRHEALTH 499.50 0.51 8273000 (16.86) 12.66 0.19 91.65 92.39
RANBAXY 556.10 15.65 3996000 22.61 11.72 0.50 82.42 80.75
STERLINBIO 115.15 8.33 3192000 16.58 14.15 30.00 80.76 81.17
SUNPHARMA 2020.50 13.39 622250 (26.37) 6.26 0.15 72.48 78.37

POWER

ADANIPOWER 134.00 (2.23) 4090000 (3.08) 5.35 0.87 86.75 0.00
CESC 384.75 (0.14) 1779000 45.11 13.89 0.00 86.28 85.87
JPPOWER 63.70 (2.15) 10944000 19.37 12.28 0.37 88.01 88.27
NEYVELILIG 159.15 (1.09) 3258000 6.82 10.24 0.38 85.64 82.57
NTPC 216.95 9.27 21829000 (7.74) 10.52 0.41 86.37 85.05
POWERGRID 106.50 1.00 20922000 9.82 12.85 0.15 89.00 88.45
PTC 115.25 (2.95) 4764000 42.89 14.14 0.00 89.88 85.75
RPOWER 160.80 6.21 30436000 (4.50) (4.05) 0.29 88.99 87.93
SUZLON 52.40 8.71 93072000 4.53 13.68 0.46 88.71 88.38
TATAPOWER 1355.20 6.60 1254250 (49.05) 7.94 0.91 71.62 82.06

REAL-ESTATE

DLF 378.20 18.89 15895000 3.61 3.62 1.16 85.20 86.18
HDIL 259.05 (4.41) 24058000 67.12 13.59 0.20 78.05 91.16
IBREALEST 171.05 (1.67) 20692000 44.20 8.38 0.10 90.87 90.34



Price OI Average

ORBITCORP 120.15 (4.15) 8988000 21.03 8.68 0.00 83.71 0.00
SOBHA 381.60 8.67 441000 (19.38) 10.93 0.00 67.35 73.24
UNITECH 88.30 11.21 67312000 (5.64) 8.86 0.66 83.49 86.50

SUGAR

BAJAJHIND 132.70 9.71 11820000 3.65 14.24 0.22 88.75 88.11
BALRAMCHIN 92.70 6.19 22212000 12.66 9.14 0.16 93.41 93.51
RENUKA 87.95 31.17 57592000 27.56 0.00 0.55 93.92 88.85
TRIVENI 123.25 24.12 4660000 (17.87) 10.05 0.18 84.21 89.36

TELECOM

BHARTIARTL 366.30 13.92 20607000 (16.14) 3.20 0.53 76.31 86.35
GTL 420.55 (0.49) 7493000 12.99 14.41 0.05 95.71 97.84
GTLINFRA 47.00 1.29 57072000 21.93 (1.39) 0.27 91.08 87.29
IDEA 73.65 5.82 25256000 (41.52) 7.08 0.35 70.10 84.71
MTNL 61.95 (1.43) 25408000 23.41 13.68 0.12 90.26 89.91
ONMOBILE 343.40 3.64 559000 (23.21) 9.30 0.00 79.96 83.19
RCOM 168.50 5.54 31864000 (12.01) 9.28 0.29 86.99 86.43
TATACOMM 306.55 (8.07) 2417000 13.00 12.54 0.20 78.15 87.30
TTML 22.10 (6.75) 38736000 14.77 14.75 0.10 86.64 87.62
TULIP 175.00 2.67 2141250 7.94 13.04 0.00 88.09 85.34

TEXTILE

BRFL 255.55 (0.23) 4932000 (8.28) 14.54 0.05 76.20 78.79
CENTURYTEX 502.70 2.74 5836000 (5.83) 14.00 0.11 89.96 93.17
WELCORP 269.30 13.08 16015000 (9.45) 5.81 0.06 95.25 93.59

MISCELLANIOUS

ABIRLANUVO 857.70 5.99 1545500 (4.38) 9.80 0.00 95.33 91.36
ADANIENT 662.80 4.96 2211000 (41.68) 11.70 0.00 53.84 77.62
GODREJIND 213.75 4.40 8082000 28.04 15.55 0.62 88.96 91.10
PANTALOONR 484.10 4.61 1758000 (32.23) 11.44 0.31 85.38 90.68
SINTEX 384.30 8.87 1126000 32.31 10.85 0.00 78.51 79.37
VIDEOIND 271.55 2.28 5917000 2.11 12.72 0.10 94.66 89.04
JISLJALEQS 1189.25 (6.35) 175750 32.64 10.85 0.00 70.27 71.30



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looking statements are not predictions and may be subject to change without notice. Our proprietary trading and investment businesses may make investment decisions
that are inconsistent with the recommendations expressed herein.
The information in this document has been printed on the basis of publicly available information, internal data and other reliable sources believed to be true and are for
general guidance only. While every effort is made to ensure the accuracy and completeness of information contained, the company takes no guarantee and assumes no
liability for any errors or omissions of the information. No one can use the information as the basis for any claim, demand or cause of action.
Recipients of this material should rely on their own investigations and take their own professional advice. Each recipient of this document should make such investigations
as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks
involved), and should consult their own advisors to determine the merits and risks of such an investment. Price and value of the investments referred to in this material may
go up or down. Past performance is not a guide for future performance.
Certain transactions - futures, options and other derivatives as well as non-investment grade securities - involve substantial risks and are not suitable for all investors.
Reports based on technical analysis centers on studying charts of a stock's price movement and trading volume, as opposed to focusing on a company's fundamentals and
as such, may not match with a report on a company's fundamentals.
We do not undertake to advise you as to any change of our views expressed in this document. While we would endeavor to update the information herein on a reasonable
basis, Angel Broking, its subsidiaries and associated companies, their directors and employees are under no obligation to update or keep the information current. Also
there may be regulatory, compliance, or other reasons that may prevent Angel Broking and affiliates from doing so. Prospective investors and others are cautioned that
any forward-looking statements are not predictions and may be subject to change without notice.
Angel Broking Limited and affiliates, including the analyst who has issued this report, may, on the date of this report, and from time to time, have long or short positions
in, and buy or sell the securities of the companies mentioned herein or engage in any other transaction involving such securities and earn brokerage or compensation or
act as advisor or have other potential conflict of interest with respect to company/ies mentioned herein or inconsistent with any recommendation and related information
and opinions.
Angel Broking Limited and affiliates may seek to provide or have engaged in providing corporate finance, investment banking or other advisory services in a merger or
specific transaction to the companies referred to in this report, as on the date of this report or in the past.

Sebi Registration No.: INB 010996539

Derivative Research Team derivatives.desk@angeltrade.com

Rollover report sep oct 2010-

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Rollover report sep oct 2010-