Thursday, September 20, 2012

Market outlook for 21/09/2012

Nifty closed down 45.80 points (0.82%) at 5554.25 while Nifty Future closed at 5571.00, premium of 16.75 points.
Bank Nifty closed down 122.70 points (1.11%) at 10920.80 while Future closed at 10952.30, premium of 31.50 points.
  • FII sell in Cash (Net sell 73.67 Crore)
  • FII sold in index future, index option, stock future (Net sell 787.24 Crore)
  • DII sold in Cash (Net sell 331.11 Crore)
  • Most Active Nifty Call Option: 5600 and 5700.
  • Most Active Nifty Put Options: 5600 and 5500.
  • Advance Decline for the day was 516:965.
NIFTY TECHNICAL
Current Spot: 5554.25
Pivot: 5557
5DEMA: 5544
10DEMA: 5485
20DEMA: 5420
50DEMA: 5333
RSI (14 days): 67.72
Parabolic SAR: 5444
Supports: 5532 - 5510 - 5486
Resistance: 5579 - 5603 - 5625
Nifty Future VIX Range: 5520 - 5622
Nifty Future VWAP: 5577.06
MP Values Nifty Future: VAH - 5587, POC - 5577, VAL - 5567

TARGET NIFTY
Buy Nifty Future above 5576 - 5590 - 5615 - 5635 SL - 5564
Sell Nifty Future below 5563 - 5550 - 5535 - 5515 SL - 5575

BANKNIFTY TECHNICAL
Current Spot: 10920.80
Pivot: 10947
5DEMA: 10777
10DEMA: 10560
20DEMA: 10403
50DEMA: 10309
RSI (14 days): 68.42
Parabolic SAR: 10297
Supports: 10861 - 10802 - 10716
Resistance: 11006 - 11091 - 11151
Bank Nifty Future VIX Range: 10787 - 11118
Bank Nifty Future VWAP: 10975.75
MP Values Bank Nifty Future: VAH - 11001, POC - 10970, VAL - 10939

TARGET BANKNIFTY
Buy BankNifty Future above 10978 - 11020 - 11100 - 11160 SL - 10954
Sell BankNifty Future below 10936 - 10900 - 10840 - 10765 SL - 10975

INTRADAY TRADE
Reliance Industries: Buy above 841 for targets of 844, 848, 855 SL 834
Reliance Industries: Sell below 829 for targets of 826, 822, 815 SL 838
Zeel: Buy above 186 for targets of 188, 192 SL 183.5
Adanient: Buy above 201 for targets of 203, 208 SL 197

SCORE SHEET
Mothersumi: Buy above 221 for targets of 224, 230 SL 216: Call not active
Andhrabank: Buy above 105.5 for targets of 107, 109 SL 103: Target 112.25 done

POSITIONAL TRADE
KtkBank: Buy above 96.5 for target of 103.5 SL 93.8 (2-3 Days)
Ibrealest: Buy above 55.6 for target of 60 SL 54.4 (1 Week)

Thanks and Regards

S&P Wealth Creators

1 comment:

  1. mothersumi call active or stop loss hit sir yesterday high is 221.9

    ReplyDelete

Please leave your comments here...