JMFS Research Official

JMFS Research Official

2/28/2025, 9:57:59 AM

Updates Close/exit reliance market 1200 CE BUY at CMP 28-28.5 ✅Pnb mar 88 PE buy... INTRADAY traders book profit at 3.4. rest cf SL is revised at 2.9

JMFS Research Official

2/28/2025, 2:39:46 AM

*Summary of Rollovers 27FEB2025* FIIs - Outlook positive with LSR at 17% : 83% & India VIX at 13.31. - Nifty rollovers at 84% with 0.6 roll cost which is above its 3 months avg of 79% - Nifty starts the March series with 16.75mn shares compared to 17.29mn shares last series - Nifty March series weekly expiry sees the highest OI at 23000 CE with 0.69 L contracts followed by 22600 CE with 0.62 L contracts. On the PE side, highest OI is at 22500 PE with 0.67 L contracts - The monthly options matrix shows the highest OI at 22500 PE with 0.65 L contracts & 23000 CE with 0.52 L contracts - Nifty rollovers took place in the range of 22500 to 22700. Crucial support of 22000/21800 for March series & resistance of 23000/23200 range - Sectoral wise strong rollovers seen in Metals, Pvt Banks, whereas weak rollovers seen in Chemicals, Capital Goods, Technology - Mixed sentiments seen in Automobile, Pharma, Oil & Gas, FMCG, whereas short squeeze seen in Finance - Stock wise long rollovers seen in Icicibank (98%), Axisbank (98%), Jswsteel (98%), Icicigi (97%), LTF (97%), Zomato (95%), Industower (95%), M&M (94%), Bajfinance (93%), Hdfcbank (93%) *BankNifty* - BN rollovers at 82% with 0.5 roll cost which is above its 3 months avg of 75% - BN starts the March series with 3.31mn shares compared to 2.92mn shares last series - BN sees the highest OI in 49000 straddle; CE with 0.32 L contracts & PE with 0.29 L contracts with a - BN defended 48000 support on closing basis. Multiple resistances in the range of 49000 to 50000/50200 above which trend reversal confirmation can be seen *Overall View:* Nifty may test 22000/21800 before giving final confirmation of trend reversal & from there a gradual short covering towards 23000+ levels. BankNifty may still defend 48000 on closing basis but a trend reversal confirmation can come above 50k mark. Refer disclaimer at bit.ly/3UN5lxi Regards, JMFS Derivatives Research

JMFS Research Official

2/28/2025, 4:23:33 AM

JMFS DERIVATIVES: BUY RELIANCE MAR 1200 CE AT 40-35 TGT 57/71 SL BELOW 1190 (SPOT)....CMP 38.4 Refer research disclaimers on https://bit.ly/3UN5lxi

JMFS Research Official

2/27/2025, 7:29:41 AM

Update IRCTC MAR 700 PE reco to buy today ✅INTRADAY traders book profit at 23.6-23.8 Rest hold with revised SL at 20

JMFS Research Official

2/28/2025, 3:50:59 AM

*SHORT CALLS ON THE MOVE!* MCX 5410 >>> 5309 SBIN 716 >> 699 INFY 1800>>> 1750 - TARGET ONE ACHIEVED 🔴🔴🔴🔴🔴

JMFS Research Official

2/28/2025, 4:16:19 AM

Expect Nifty to bottom out here!

JMFS Research Official

2/27/2025, 6:11:17 AM

JMFS DERIVATIVES: BUY IRCTC MAR 700 PE AT 21-18 TGT 31/37 SL ABOVE 718 (SPOT)...CMP 20.6 Refer research disclaimers on https://bit.ly/3UN5lxi

JMFS Research Official

2/28/2025, 6:05:05 AM

Meltdown in MCX 5400 »» 5126 (Mar Futures) Target at 5000

JMFS Research Official

2/28/2025, 5:27:27 AM

1. In last 10 years Nifty daily RSI has gone below 25 only 5 times. 2. Once Nifty RSI hits 25 and below it takes a maximum of 1 month of base formation for the market. 3. March 2025 could be the month where we form a base after hitting 21,800 which is multiple support area - 500 DEMA / 200 WMA. 4. April 2025 is where one can expect a structural recovery i.e. Earnings season can drive prices higher due to low base effect. 5. Junior Nifty or Junior Bees is down 25% from Peak. Advise to BUY for 6-12 month time frame. 6. Private Banks, NBFCs and RELIANCE are outperforming 7. Top Picks: Junior Nifty and AXISBANK Regards, Rahul Sharma