Market outlook for 15/02/12

Nifty closed up 25.85 points (0.48%) at 5416.05 while Nifty Future closed at 5440.35, premium of 24.30 points.
Bank Nifty closed up 83.05 points (0.79%) at 10556.65 while Future closed at 10589.15, premium of 32.50 points.

• FII bought huge in Cash (Net buy 1030.12 Crore)
• FII sold in index option, stock future but bought in index future (Net sell 642.30 Crore)
• DII sold in Cash (Net sell 408.64 Crore)
• Most Active Nifty Call Option: 5400 and 5500.
• Most Active Nifty Put Options: 5400 and 5300.
• Advance Decline for the day was 809:636.

NIFTY TECHNICAL

Current Spot: 5416.05
Pivot: 5407
5DEMA: 5387
10DEMA: 5335
20DEMA: 5225
50DEMA: 5067
RSI (14 days): 72.79
Parabolic SAR: 5351
Supports: 5387 - 5357 - 5337
Resistance: 5437 - 5457 - 5487
CAM Support: 5411 - 5407 - 5402 - 5388
CAM Resistance: 5421 - 5425 - 5430 - 5444
NF VIX Range: 5382 - 5499

Nifty Future VWAP: 5425.59
MP Values Nifty Future: VAH - 5437, POC - 5426, VAL - 5415

TARGET NIFTY
Buy Nifty Future above 5444 - 5462 - 5486 - 5520 SL - 5423
Sell Nifty Future below 5422 - 5409 - 5374 - 5350 SL - 5437

BANKNIFTY TECHNICAL

Current Spot: 10556.65
Pivot: 10538
5DEMA: 10447
10DEMA: 10280
20DEMA: 9937
50DEMA: 9403
RSI (14 days): 77.89
Parabolic SAR: 10336
Supports: 10468 - 10380 - 10310
Resistance: 10626 - 10695 - 10784
CAM Support: 10542 - 10528 - 10513 - 10470
CAM Resistance: 10571 - 10586 - 10600 - 10643
Bank Nifty VIX Range: 10411 - 10768

Bank Nifty Future VWAP: 10582.68
MP Values Bank Nifty Future: VAH - 10624, POC - 10591, VAL - 10558

TARGET BANKNIFTY
Buy BankNifty Future above 10597 - 10655 - 10725 - 10810 SL - 10559
Sell BankNifty Future below 10552 - 10502 - 10410 - 10340 SL - 10583

INTRADAY TRADE
Reliance Industries: Buy above 854 for targets of 857, 861, 868 SL 847
Reliance Industries: Sell below 845 for targets of 842, 838, 831 SL 852
Albk: Buy above 192 for targets of 194, 197 SL 188
Gitanjali: Buy above 375 for targets of 380, 388 SL 365

SCORE SHEET
IndiaBulls: Buy above 207 for targets of 211, 217 SL 199: SL Hit
SesaGoa: Buy above 248 for targets of 252, 260 SL 243: Target 251.65 achieved

POSITIONAL TRADE
Hanung: Buy above 144 for target of 152 SL 139 (2-3 Days)
Idbi: Buy above 109 for target of 115 SL 106 (1 Week)

Thanks and Regards

S&P Wealth Creators