Sunday, April 15, 2012

Market outlook for 16/04/2012

Nifty closed down 69.40 points (1.32%) at 5207.45 while Nifty Future closed at 5221.10, premium of 13.65 points.
Bank Nifty closed down 94.45 points (0.91%) at 10306.25 while Future closed at 10327.90, premium of 21.65 points.
  • FII bought in Cash (Net buy 137.25 Crore)
  • FII bought in index future, index option but sold stock future (Net buy 1158.86 Crore)
  • DII sold in Cash (Net sell 479.68 Crore)
  • Most Active Nifty Call Option: 5300 and 5400.
  • Most Active Nifty Put Options: 5300 and 5200.
  • Advance Decline for the day was 505:944.
NIFTY TECHNICAL
Current Spot: 5207.45
Pivot: 5233
5DEMA: 5244
10DEMA: 5257
20DEMA: 5274
50DEMA: 5259
RSI (14 days): 45.20
Parabolic SAR: 5164
Supports: 5160 - 5112 - 5038
Resistance: 5281 - 5355 - 5402
CAM Support: 5196 - 5185 - 5174 - 5141
CAM Resistance: 5219 - 5230 - 5241 - 5274
NF VIX Range: 5154 - 5288
Nifty Future VWAP: 5266.43
MP Values Nifty Future: VAH - 5302, POC - 5228, VAL - 5196

TARGET NIFTY
Buy Nifty Future above 5253 - 5300 - 5370 - 5430 SL - 5239
Sell Nifty Future below 5213 - 5170 - 5120 - 5040 SL - 5251

BANKNIFTY TECHNICAL
Current Spot: 10306.25
Pivot: 10377
5DEMA: 10289
10DEMA: 10267
20DEMA: 10277
50DEMA: 10176
RSI (14 days): 51.18
Parabolic SAR: 9922
Supports: 10165 - 10024 - 9813
Resistance: 10518 - 10729 - 10870
CAM Support: 10274 - 10242 - 10209 - 10113
CAM Resistance: 10339 - 10371 - 10403 - 10500
Bank Nifty VIX Range: 10140 - 10516
Bank Nifty Future VWAP: 10450.28
MP Values Bank Nifty Future: VAH - 10523, POC - 10339, VAL - 10251

TARGET BANKNIFTY
Buy BankNifty Future above 10407 - 10540 - 10760 - 10900 SL - 10381
Sell BankNifty Future below 10312 - 10190 - 10045 - 9850 SL - 10404

INTRADAY TRADE
Reliance Industries: Buy above 753 for targets of 757, 763, 775 SL 748
Reliance Industries: Sell below 747 for targets of 743, 737, 725 SL 752
Maninfra: Buy above 212 for targets of 215, 220 SL 209
Jswsteel: Buy above 745 for targets of 753, 764 SL 731

SCORE SHEET
Max: Buy above 207 for targets of 210, 216 SL 200: Call not active
Rushil: Buy above 253 for targets of 257, 264 SL 247: Target 256.65 done

POSITIONAL TRADE
Gujratgas: Buy above 329 for target of 342 SL 324 (2-3 Days)
Jbchepharm: Buy above 70.5 for target of 75 SL 69 (1 Week)

Thanks and Regards

S&P Wealth Creators

2 comments:

  1. Very effortfull and commendable job by posting such details about nifty, thanks a lot.

    ReplyDelete

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