Market outlook for 19/04/2012

Nifty closed up 10.30 points (0.19%) at 5300.00 while Nifty Future closed at 5322.70, premium of 22.70 points.
Bank Nifty closed down 7.10 points (0.07%) at 10512.45 while Future closed at 10546.25, premium of 33.80 points.

• FII bought in Cash (Net buy 221.63 Crore)
• FII bought in index future, index option but sold in stock future (Net buy 1620.15 Crore)
• DII bought in Cash (Net buy 37.88 Crore)
• Most Active Nifty Call Option: 5300 and 5400.
• Most Active Nifty Put Options: 5300 and 5200.
• Advance Decline for the day was 837:617.

NIFTY TECHNICAL

Current Spot: 5300.00
Pivot: 5312
5DEMA: 5270
10DEMA: 5266
20DEMA: 5274
50DEMA: 5267
RSI (14 days): 52.03
Parabolic SAR: 5176
Supports: 5282 - 5263 - 5233
Resistance: 5330 - 5360 - 5379
CAM Support: 5296 - 5291 - 5287 - 5273
CAM Resistance: 5304 - 5309 - 5313 - 5327
NF VIX Range: 5258 - 5388
Nifty Future VWAP: 5344.24
MP Values Nifty Future: VAH - 5358, POC - 5348, VAL - 5338

TARGET NIFTY
Buy Nifty Future above 5337 - 5351 - 5380 - 5405 SL - 5326
Sell Nifty Future below 5315 - 5304 - 5280 - 5255 SL - 5336

BANKNIFTY TECHNICAL

Current Spot: 10512.45
Pivot: 10546
5DEMA: 10436
10DEMA: 10370
20DEMA: 10332
50DEMA: 10218
RSI (14 days): 56.03
Parabolic SAR: 10016
Supports: 10446 - 10380 - 10280
Resistance: 10612 - 10712 - 10779
CAM Support: 10497 - 10482 - 10467 - 10421
CAM Resistance: 10528 - 10543 - 10558 - 10604
Bank Nifty VIX Range: 10366 - 10726
Bank Nifty Future VWAP: 10612.46
MP Values Bank Nifty Future: VAH - 10652, POC - 10617, VAL - 10582

TARGET BANKNIFTY
Buy BankNifty Future above 10586 - 10635 - 10730 - 10800 SL - 10553
Sell BankNifty Future below 10530 - 10490 - 10425 - 10325 SL - 10583

INTRADAY TRADE
Reliance Industries: Buy above 753 for targets of 755, 759, 765 SL 747
Reliance Industries: Sell below 745 for targets of 743, 739, 733 SL 751
VstInd: Buy above 1960 for targets of 1985, 2015 SL 1935
Cairn: Buy above 351 for targets of 353, 358 SL 346

SCORE SHEET
Apil: Buy above 387 for targets of 392, 399 SL 379: Target 393.90 done
Pantaloonr: Buy above 177 for targets of 179, 184 SL 173: Target 178.90 done

POSITIONAL TRADE
TataMotors: Buy above 312 for target of 320 SL 307 (2-3 Days)
Apollotyre: Buy above 94 for target of 100 SL 92.4 (1 Week)

Thanks and Regards

S&P Wealth Creators