Sunday, January 15, 2012

Market outlook for 16/01/12

Nifty closed up 34.75 points (0.72%) at 4866.00 while Nifty Future closed at 4878.20, premium of 12.20 points.
Bank Nifty closed up 44.80 points (0.50%) at 8975.05 while Future closed at 8958.60, discount of 16.45 points.
  • FII bought in Cash (Net buy 293.51 Crore)
  • FII bought huge in index future, index option, stock future (Net buy 844.01 Crore)
  • DII sold in huge in Cash (Net sell 177.26 Crore)
  • US market ended flat to negative.
  • Global cues are flat to negative.
  • SGX nifty is flat as of now.
  • Most Active Nifty Call Option: 4900 and 5000.
  • Most Active Nifty Put Options: 4900 and 4800.
  • Advance Decline for the day was 1032:451.
NIFTY TECHNICAL
Current Spot: 4866.00
Pivot: 4866
5DEMA: 4831
10DEMA: 4798
20DEMA: 4781
50DEMA: 4846
RSI (14 days): 56.97
Parabolic SAR: 4673
Supports: 4834 - 4802 - 4769
Resistance: 4899 - 4931 - 4963
CAM Support: 4860 - 4854 - 4848 - 4830
CAM Resistance: 4872 - 4878 - 4884 - 4902
NF VIX Range: 4813 - 4944
Nifty Future VWAP: 4877.44
MP Values Nifty Future: VAH - 4893, POC - 4874, VAL - 4855

TARGET NIFTY
Buy Nifty Future above 4884 - 4910 - 4950 - 4985 SL - 4874
Sell Nifty Future below 4871 - 4845 - 4810 - 4770 SL - 4883

BANKNIFTY TECHNICAL
Current Spot: 8975.05
Pivot: 8987
5DEMA: 8813
10DEMA: 8653
20DEMA: 8547
50DEMA: 8710
RSI (14 days): 64.02
Parabolic SAR: 8341
Supports: 8902 - 8828 - 8743
Resistance: 9061 - 9146 - 9220
CAM Support: 8960 - 8946 - 8931 - 8888
CAM Resistance: 8990 - 9004 - 9019 - 9063
Bank Nifty VIX Range: 8785 - 9132
Bank Nifty Future VWAP: 8975.62
MP Values Bank Nifty Future: VAH - 9008, POC - 8970, VAL - 8932

TARGET BANKNIFTY
Buy BankNifty Future above 8982 - 9050 - 9150 - 9235 SL - 8956
Sell BankNifty Future below 8945 - 8880 - 8800 - 8700 SL - 8979

INTRADAY TRADE
Reliance Industries: Buy above 741 for targets of 744, 749, 759 SL 735
Reliance Industries: Sell below 729 for targets of 726, 721, 711 SL 739
CoalIndia: Buy above 346 for targets of 350, 356 SL 338
Lovable: Buy above 380 for targets of 386, 395 SL 373

SCORE SHEET
Havells: Buy above 442 for targets of 448, 458 SL 430: Target 450.00 achieved
PFC: Buy above 154 for targets of 156, 159 SL 152.5: Target 156.40 achieved

POSITIONAL TRADE
Relcapital: Buy above 301 for target of 317 SL 295 (2-3 Days)
Rcom: Buy above 88 for target of 95 SL 86 (1 Week)

Thanks and Regards

S&P Wealth Creators

0 comments:

Post a Comment

Please leave your comments here...