Market outlook for 25/06/2012

Nifty closed down 18.95 points (0.37%) at 5146.05 while Nifty Future closed at 5151.15, premium of 5.10 points.
Bank Nifty closed up 4.70 points (0.05%) at 10038.35 while Future closed at 10031.75, discount of 6.60 points.

• FII sold in Cash (Net sell 174.22 Crore)
• FII bought in index future, index option but bought in stock future (Net buy 663.10 Crore)
• DII sold in Cash (Net sell 1.27 Crore)
• Most Active Nifty Call Option: 5100 and 5200.
• Most Active Nifty Put Options: 5100 and 5000.
• Advance Decline for the day was 681:779.

NIFTY TECHNICAL

Current Spot: 5146.05
Pivot: 5133
5DEMA: 5130
10DEMA: 5100
20DEMA: 5060
50DEMA: 5063
RSI (14 days): 58.77
Parabolic SAR: 5078
Supports: 5107 - 5067 - 5041
Resistance: 5173 - 5199 - 5238
CAM Support: 5140 - 5134 - 5128 - 5110
CAM Resistance: 5152 - 5158 - 5164 - 5182
Nifty Future VIX Range: 5092 - 5210

Nifty Future VWAP: 5134.34
MP Values Nifty Future: VAH - 5160, POC - 5140, VAL - 5120

TARGET NIFTY
Buy Nifty Future above 5155 - 5179 - 5210 - 5255 SL - 5134
Sell Nifty Future below 5129 - 5108 - 5065 - 5035 SL - 5149

BANKNIFTY TECHNICAL

Current Spot: 10038.35
Pivot: 9995
5DEMA: 9956
10DEMA: 9909
20DEMA: 9825
50DEMA: 9817
RSI (14 days): 57.18
Parabolic SAR: 9734
Supports: 9917 - 9796 - 9717
Resistance: 10117 - 10195 - 10316
CAM Support: 10020 - 10002 - 9983 - 9929
CAM Resistance: 10057 - 10075 - 10093 - 10148
Bank Nifty Future VIX Range: 9857 - 10207

Bank Nifty Future VWAP: 9869.58
MP Values Bank Nifty Future: VAH - 10026, POC - 9965, VAL - 9904

TARGET BANKNIFTY
Buy BankNifty Future above 10039 - 10115 - 10210 - 10345 SL - 9982
Sell BankNifty Future below 9972 - 9900 - 9765 - 9675 SL - 10011

INTRADAY TRADE
Reliance Industries: Buy above 713 for targets of 715, 719, 726 SL 708
Reliance Industries: Sell below 706 for targets of 704, 700, 695 SL 712
Biocon: Buy above 233 for targets of 236, 240 SL 229
Relcapital: Buy above 355 for targets of 359, 365 SL 347

SCORE SHEET
RelInfra: Buy above 538 for targets of 543, 551 SL 526: Target 543.25 done
Bhel: Buy above 223 for targets of 225, 228 SL 220: Target 225.40 done

POSITIONAL TRADE
Jetairways: Buy above 387 for target of 400 SL 380 (2-3 Days)
IndHotel: Buy above 60 for target of 64 SL 58.5 (1 Week)

Thanks and Regards

S&P Wealth Creators