Bank Nifty closed down 283.75 points (2.65%) at 10432.90 while January Future closed at 10439.55 premium of 6.65 points.
- FII sold in Cash (Net sell 748.60 Crore)
- FII bought in index future, index option and stock future (Net buy 1336.23 Crore)
- DII bought in Cash (Net buy 290.11 Crore)
- US market ended positive.
- Global cues are flat.
- SGX nifty is flat as of now.
- Most Active Nifty January Call Option: 5800 and 5900.
- Most Active Nifty December Put Options: 5700 and 5600.
- Advance Decline for the day was 304:1090
NIFTY TECHNICAL
Pivot: 5709
5DEMA: 5773
10DEMA: 5854
20DEMA: 5916
50DEMA: 5977
RSI (15 days): 33.34
Parabolic SAR: 6073
Supports: 5585 - 5515
Resistance: 5779 - 5903
Bank Nifty Future VWAP: 10680.84
MP Values Spot (Price Profile): VAH - 5796, POC - 5738, VAL - 5680
MP Values Futures: VAH - 5796, POC - 5730, VAL - 5664
MP Values Bank Nifty Futures: VAH - 10828, POC - 10670, VAL - 10512
TARGET NIFTY
Buy Nifty Future above 5721 - 5793 - 5884 - 5959 SL - 5714
Sell Nifty Future below 5646 - 5602 - 5557 - 5499 SL - 5720
Buy BankNifty Future above 10602 - 10796 - 11158 - 11366 SL - 10581
Sell BankNifty Future below 10424 - 10237 - 10030 - 9668 SL - 10599
INTRADAY TRADE
Reliance Industries: Buy above 1015 for targets of 1018, 1025, 1039 SL 1007
Reliance Industries: Sell below 998 for targets of 994, 989, 980 SL 1012
Jisljaleqs: Buy above 228 for targets of 230, 234 SL 226
Wipro: Buy above 465 for targets of 468, 474 SL 460
SCORE SHEET
Adanient: Buy above 646 for targets of 651, 658 SL 637: Target 649 achieved
Gujfluoro: Buy above 247 for targets of 250, 255 SL 244: Target 250.45 achieved
POSITIONAL TRADE
CentralBk: Buy above 172 for target of 183 SL 169 (One Week)
Harrmalaya: Buy above 90 for target of 100 SL 87 (One Week)
Use strict STOP LOSS in each and every trade in this kind of volatile market and Trade at your own risk.
Thanks and Regards
S&P Wealth Creators
0 comments:
Post a Comment
Please leave your comments here...