Sunday, November 25, 2012

Market outlook for 26/11/2012

Nifty closed down 1.15 points (0.02%) at 5626.60 while Nifty Future closed at 5633.35, premium of 6.75 points.
Bank Nifty closed down 32.55 points (0.28%) at 11475.80 while Future closed at 11496.00, premium of 20.20 points.
  • FII bought in Cash (Net buy 366.37 Crore)
  • FII sold in in index option, stock future but bought index future (Net sell 323.98 Crore)
  • DII sold in Cash (Net sell 184.27 Crore)
  • Most Active Nifty Call Option: 5600 and 5700.
  • Most Active Nifty Put Options: 5600 and 5500.
  • Advance Decline for the day was 647:841.
NIFTY TECHNICAL
Current Spot: 5626.60
Pivot: 5619
5DEMA: 5618
10DEMA: 5628
20DEMA: 5643
50DEMA: 5612
RSI (14 days): 47.51
Parabolic SAR: 5433
Supports: 5601 - 5575 - 5557
Resistance: 5645 - 5664 - 5689
Nifty Future VIX Range: 5596 - 5671
Nifty Future VWAP: 5621.33
MP Values Nifty Future: VAH - 5628, POC - 5609, VAL - 5598

TARGET NIFTY
Buy Nifty Future above 5638 - 5650 - 5670 - 5700 SL - 5623
Sell Nifty Future below 5618 - 5607 - 5580 - 5560 SL - 5629

BANKNIFTY TECHNICAL
Current Spot: 11475.80
Pivot: 11472
5DEMA: 11454
10DEMA: 11454
20DEMA: 11444
50DEMA: 11238
RSI (14 days): 52.95
Parabolic SAR: 11642
Supports: 11396 - 11315 - 11239
Resistance: 11553 - 11629 - 11710
Bank Nifty Future VIX Range: 11379 - 11613
Bank Nifty Future VWAP: 11479.08
MP Values Bank Nifty Future: VAH - 11558, POC - 11505, VAL - 11452

TARGET BANKNIFTY
Buy BankNifty Future above 11508 - 11560 - 11640 - 11700 SL - 11494
Sell BankNifty Future below 11485 - 11450 - 11360 - 11310 SL - 11506

INTRADAY TRADE
Reliance Industries: Buy above 776 for targets of 778, 781, 786 SL 770
Reliance Industries: Sell below 769 for targets of 767, 764, 760 SL 774
Pantaloonr: Buy above 183.5 for targets of 186, 189 SL 180.5
Dhanbank: Buy above 59 for targets of 60, 62 SL 57.8

SCORE SHEET
IRB: Buy above 123.5 for targets of 124.7, 125.4 SL 122.5: SL Hit
Star: Buy above 995 for targets of 1010, 1035 SL 974: Target 1017.50 done

POSITIONAL TRADE
Ktkbank: Buy above 153 for target of 163 SL 148 (2-3 Days)
JetAirways: Buy above 510 for target of 555 SL 483 (1 Week)

Thanks and Regards

S&P Wealth Creators

2 comments:

  1. Dear Sanjay and Sunitaji,
    Wishing you a very happy marriage anniversary.
    Congrats...

    ReplyDelete

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