Wednesday, February 29, 2012

Market outlook for 01/03/12

Nifty closed up 9.70 points (0.18%) at 5385.20 while Nifty Future closed at 5439.50, premium of 54.30 points.
Bank Nifty closed down 69.80 points (0.67%) at 10414.20 while Future closed at 10519.80, premium of 105.60 points.
  • FII bought in Cash (Net buy 579.63 Crore)
  • FII sold in index future, index option and stock future (Net sell 590.19 Crore)
  • DII sold in Cash (Net sell 431.07 Crore)
  • Most Active Nifty Call Option: 5600 and 5700.
  • Most Active Nifty Put Options: 5400 and 5300.
  • Advance Decline for the day was 848:602.
NIFTY TECHNICAL
Current Spot: 5385.20
Pivot: 5399
5DEMA: 5397
10DEMA: 5414
20DEMA: 5365
50DEMA: 5178
RSI (14 days): 55.10
Parabolic SAR: 5571
Supports: 5339 - 5292 - 5232
Resistance: 5445 - 5505 - 5552
CAM Support: 5375 - 5366 - 5356 - 5327
CAM Resistance: 5395 - 5405 - 5415 - 5444
NF VIX Range: 5371 - 5508
Nifty Future VWAP: 5462.07
MP Values Nifty Future: VAH - 5508, POC - 5471, VAL - 5434

TARGET NIFTY
Buy Nifty Future above 5456 - 5501 - 5565 - 5615 SL - 5436
Sell Nifty Future below 5431 - 5390 - 5340 - 5280 SL - 5454

BANKNIFTY TECHNICAL
Current Spot: 10414.20
Pivot: 10474
5DEMA: 10474
10DEMA: 10529
20DEMA: 10377
50DEMA: 9789
RSI (14 days): 54.49
Parabolic SAR: 10966
Supports: 10281 - 10148 - 9954
Resistance: 10607 - 10801 - 10934
CAM Support: 10384 - 10354 - 10324 - 10235
CAM Resistance: 10444 - 10474 - 10504 - 10594
Bank Nifty VIX Range: 10290 - 10750
Bank Nifty Future VWAP: 10577.64
MP Values Bank Nifty Future: VAH - 10614, POC - 10518, VAL - 10439

TARGET BANKNIFTY
Buy BankNifty Future above 10589 - 10720 - 10925 - 11060 SL - 10529
Sell BankNifty Future below 10504 - 10382 - 10240 - 10040 SL - 10587

INTRADAY TRADE
Reliance Industries: Buy above 823 for targets of 827, 833, 845 SL 816
Reliance Industries: Sell below 813 for targets of 809, 803, 791 SL 820
Hindcopper: Buy above 297 for targets of 302, 309 SL 290
Pantaloonr: Buy above 191 for targets of 194, 200 SL 184

SCORE SHEET

POSITIONAL TRADE
Albk: Buy above 196 for target of 207 SL 193 (2-3 Days)
Gichsgfin: Buy above 94 for target of 104 SL 91 (1 Week)

Thanks and Regards

S&P Wealth Creators

4 comments:

  1. Welcome back sanjaybhai thanks for your continues update

    ReplyDelete
  2. HELLO SIRJI, BEST WISHES 4 HAPPY N BRIGHT FUTURE.

    ReplyDelete
  3. hello sir well come back. your data is AMULYA for whole family. thanks. take care of your health. if you are from Ahmedabad, i can help you in future as i am working with Sterling hospital as an anesthetist here. hope you don't need my help!!! just joking. bye for now.

    ReplyDelete
  4. Sir please update monthly and weekly pivots on right hand side
    thanks Sir.

    ReplyDelete

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