Monday, June 11, 2012

Market outlook for 12/06/2012

Nifty closed down 14.25 points (0.28%) at 5054.10 while Nifty Future closed at 5052.60, discount of 1.50 points.
Bank Nifty closed down 29.65 points (0.30%) at 9969.20 while Future closed at 9884.95, discount of 84.25 points.
  • FII bought in Cash (Net buy 130.38 Crore)
  • FII bought in index future, index option but sold in stock future (Net buy 1064.53 Crore)
  • DII sold in Cash (Net sell 214.66 Crore)
  • Most Active Nifty Call Option: 5100 and 5200.
  • Most Active Nifty Put Options: 5100 and 5000.
  • Advance Decline for the day was 1040:342.
NIFTY TECHNICAL
Current Spot: 5054.10
Pivot: 5073
5DEMA: 5017
10DEMA: 4981
20DEMA: 4976
50DEMA: 5060
RSI (14 days): 55.80
Parabolic SAR: 4809
Supports: 5022 - 4989 - 4938
Resistance: 5105 - 5157 - 5189
CAM Support: 5046 - 5039 - 5031 - 5008
CAM Resistance: 5062 - 5069 - 5077 - 5100
Nifty Future VIX Range: 4995 - 5110
Nifty Future VWAP: 5093.48
MP Values Nifty Future: VAH - 5124, POC - 5108, VAL - 5073

TARGET NIFTY
Buy Nifty Future above 5074 - 5104 - 5155 - 5200 SL - 5058
Sell Nifty Future below 5045 - 5019 - 4985 - 4935 SL - 5073

BANKNIFTY TECHNICAL
Current Spot: 9969.20
Pivot: 10020
5DEMA: 9843
10DEMA: 9711
20DEMA: 9647
50DEMA: 9818
RSI (14 days): 59.33
Parabolic SAR: 9224
Supports: 9883 - 9797 - 9659
Resistance: 10107 - 10244 - 10330
CAM Support: 9949 - 9928 - 9908 - 9846
CAM Resistance: 9990 - 10010 - 10031 - 10092
Bank Nifty Future VIX Range: 9725 - 10045
Bank Nifty Future VWAP: 10006.06
MP Values Bank Nifty Future: VAH - 10090, POC - 10055, VAL - 9946

TARGET BANKNIFTY
Buy BankNifty Future above 9948 - 10030 - 10180 - 10270 SL - 9911
Sell BankNifty Future below 9870 - 9795 - 9700 - 9550 SL - 9945

INTRADAY TRADE
Reliance Industries: Buy above 729 for targets of 732, 738, 746 SL 724
Reliance Industries: Sell below 719 for targets of 716, 710, 700 SL 727
Hindunilvr: Buy above 440 for targets of 443, 447 SL 433
CoalIndia: Buy above 336 for targets of 340, 346 SL 332

SCORE SHEET
Bhel: Buy above 221.70 for targets of 223, 225 SL 219: Target 225.35 done
Dlf: Buy above 197 for targets of 199, 202 SL 194.40: Target 199.80 done

POSITIONAL TRADE
Bomdyeing: Buy above 497 for target of 526 SL 493 (2-3 Days)
Bindalagro: Buy above 28 for target of 32 SL 27 (1 Week)

Thanks and Regards

S&P Wealth Creators

2 comments:

  1. Sanjay Bhai,
    Thanks for ur input as always at market time and after mkt hours also

    ReplyDelete

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