Market outlook for 14/02/12

Nifty closed up 8.60 points (0.16%) at 5390.20 while Nifty Future closed at 5418.00, premium of 27.80 points.
Bank Nifty closed up 30.95 points (0.30%) at 10473.60 while Future closed at 10523.50, premium of 49.90 points.

• FII bought in Cash (Net buy 469.77 Crore)
• FII sold in index option, stock future but bought in index future (Net sell 393.96 Crore)
• DII sold in Cash (Net sell 597.31 Crore)
• Most Active Nifty Call Option: 5400 and 5500.
• Most Active Nifty Put Options: 5400 and 5300.
• Advance Decline for the day was 752:697.

NIFTY TECHNICAL

Current Spot: 5390.20
Pivot: 5388
5DEMA: 5372
10DEMA: 5317
20DEMA: 5205
50DEMA: 5053
RSI (14 days): 71.52
Parabolic SAR: 5341
Supports: 5354 - 5318 - 5284
Resistance: 5424 - 5457 - 5493
CAM Support: 5384 - 5377 - 5371 - 5352
CAM Resistance: 5397 - 5403 - 5409 - 5429
NF VIX Range: 5358 - 5478

Nifty Future VWAP: 5406.73
MP Values Nifty Future: VAH - 5416, POC - 5396, VAL - 5376

TARGET NIFTY
Buy Nifty Future above 5422 - 5449 - 5484 - 5520 SL - 5403
Sell Nifty Future below 5401 - 5379 - 5340 - 5305 SL - 5417

BANKNIFTY TECHNICAL

Current Spot: 10473.60
Pivot: 10447
5DEMA: 10392
10DEMA: 10219
20DEMA: 9872
50DEMA: 9355
RSI (14 days): 76.64
Parabolic SAR: 10312
Supports: 10362 - 10250 - 10165
Resistance: 10559 - 10645 - 10756
CAM Support: 10456 - 10437 - 10419 - 10365
CAM Resistance: 10492 - 10510 - 10528 - 10582
Bank Nifty VIX Range: 10341 - 10706

Bank Nifty Future VWAP: 10478.41
MP Values Bank Nifty Future: VAH - 10547, POC - 10481, VAL - 10415

TARGET BANKNIFTY
Buy BankNifty Future above 10531 - 10620 - 10715 - 10850 SL - 10479
Sell BankNifty Future below 10472 - 10390 - 10255 - 10155 SL - 10503

INTRADAY TRADE
Reliance Industries: Buy above 854 for targets of 857, 859, 862 SL 871
Reliance Industries: Sell below 845 for targets of 842, 837, 828 SL 852
IndiaBulls: Buy above 207 for targets of 211, 217 SL 199
SesaGoa: Buy above 248 for targets of 252, 260 SL 243

SCORE SHEET
Polaris: Buy above 169 for targets of 172, 177 SL 164: SL Hit
Hathway: Buy above 186 for targets of 189, 195 SL 179: Target 193.80 achieved

POSITIONAL TRADE
RelInfra: Buy above 605 for target of 628 SL 589 (2-3 Days)
Rcf: Buy above 72 for target of 78 SL 70 (1 Week)

Thanks and Regards

S&P Wealth Creators