Thursday, February 16, 2012

Market outlook for 17/02/12

Nifty closed down 10.00 points (0.18%) at 5521.95 while Nifty Future closed at 5537.80, premium of 15.85 points.
Bank Nifty closed down 8.80 points (0.08%) at 10921.90 while Future closed at 10948.10, premium of 26.20 points.
  • FII bought in Cash (Net buy 184.31 Crore)
  • FII bought in index option but sold in index future, stock future (Net buy 679.08 Crore)
  • DII sold in Cash (Net sell 390.32 Crore)
  • Most Active Nifty Call Option: 5500 and 5600.
  • Most Active Nifty Put Options: 5500 and 5400.
  • Advance Decline for the day was 831:619.
NIFTY TECHNICAL
Current Spot: 5521.95
Pivot: 5512
5DEMA: 5464
10DEMA: 5398
20DEMA: 5280
50DEMA: 5094
RSI (14 days): 76.51
Parabolic SAR: 5411
Supports: 5493 - 5465 - 5446
Resistance: 5541 - 5560 - 5589
CAM Support: 5518 - 5513 - 5509 - 5496
CAM Resistance: 5526 - 5531 - 5535 - 5548
NF VIX Range: 5475 - 5600
Nifty Future VWAP: 5522.62
MP Values Nifty Future: VAH - 5536, POC - 5524, VAL - 5512

TARGET NIFTY
Buy Nifty Future above 5542 - 5553 - 5570 - 5595 SL - 5526
Sell Nifty Future below 5519 - 5512 - 5490 - 5470 SL - 5538

BANKNIFTY TECHNICAL
Current Spot: 10921.90
Pivot: 10881
5DEMA: 10713
10DEMA: 10494
20DEMA: 10116
50DEMA: 9505
RSI (14 days): 82.13
Parabolic SAR: 10551
Supports: 10821 - 10720 - 10660
Resistance: 10982 - 11042 - 11143
CAM Support: 10907 - 10892 - 10878 - 10833
CAM Resistance: 10937 - 10951 - 10966 - 11010
Bank Nifty VIX Range: 10752 - 11145
Bank Nifty Future VWAP: 10881.66
MP Values Bank Nifty Future: VAH - 10902, POC - 10859, VAL - 10816

TARGET BANKNIFTY
Buy BankNifty Future above 10956 - 11005 - 11065 - 11170 SL - 10899
Sell BankNifty Future below 10889 - 10850 - 10750 - 10680 SL - 10921

INTRADAY TRADE
Reliance Industries: Buy above 820 for targets of 824, 830, 840 SL 814
Reliance Industries: Sell below 808 for targets of 804, 798, 788 SL 818
Pfc: Buy above 215 for targets of 217, 220 SL 212
Pantaloonr: Buy above 198 for targets of 201, 207 SL 194

SCORE SHEET
IndiaBulls: Buy above 220 for targets of 224, 230 SL 213: Target 227.90 achieved
TataMotors: Buy above 290 for targets of 294, 300 SL 285: Call not activated

POSITIONAL TRADE
IndiaBulls: Buy above 227 for target of 237 SL 221 (2-3 Days)
SCI: Buy above 78 for target of 86 SL 75 (1 Week)

Thanks and Regards

S&P Wealth Creators

3 comments:

  1. Sanjay ji,
    thanks for ur valuable output daily.

    ReplyDelete
  2. Sanjay What's wrong with your blog! All data is old & not updated!

    ReplyDelete

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