Thursday, December 27, 2012

Market outlook for 28/12/2012

Nifty closed down 35.50 points (0.60%) at 5870.10 while Nifty Future closed at 5930.30, premium of 60.20 points.
Bank Nifty closed down 19.75 points (0.16%) at 12459.75 while Future closed at 12578.15, premium of 118.45 points.
  • FII sold in Cash (Net sell 132.68 Crore)
  • FII sold in index future, index option, stock future (Net sell 1236.91 Crore)
  • DII bought in Cash (Net buy 132.77 Crore)
  • Most Active Nifty Call Option: 6000 and 6100.
  • Most Active Nifty Put Options: 5900 and 5800.
  • Advance Decline for the day was 526:969.
NIFTY TECHNICAL
Current Spot: 5870.10
Pivot: 5889
5DEMA: 5880
10DEMA: 5879
20DEMA: 5854
50DEMA: 5785
RSI (14 days): 54.78
Parabolic SAR: 5931
Supports: 5846 - 5822 - 5780
Resistance: 5912 - 5955 - 5978
Nifty Future VIX Range: 5888 - 5972
Nifty Future VWAP: 5944.10
MP Values Nifty Future: VAH - 5955, POC - 5937, VAL - 5926

TARGET NIFTY
Buy Nifty Future above 5955 - 5965 - 5985 - 6010 SL - 5937
Sell Nifty Future below 5926 - 5915 - 5895 - 5865 SL - 5944

BANKNIFTY TECHNICAL
Current Spot: 12459.75
Pivot: 12473
5DEMA: 12428
10DEMA: 12393
20DEMA: 12261
50DEMA: 11954
RSI (14 days): 64.45
Parabolic SAR: 12559
Supports: 12423 - 12386 - 12336
Resistance: 12510 - 12560 - 12597
Bank Nifty Future VIX Range: 12458 - 12698
Bank Nifty Future VWAP: 12586.86
MP Values Bank Nifty Future: VAH - 12610, POC - 12590, VAL - 12570

TARGET BANKNIFTY
Buy BankNifty Future above 12610 - 12650 - 12710 - 12780 SL - 12588
Sell BankNifty Future below 12570 - 12530 - 12470 - 12400 SL - 12592

INTRADAY TRADE
Reliance Industries: Buy above 826 for targets of 834, 843 SL 820
Reliance Industries: Sell below 816 for targets of 809, 796 SL 824
Karurvysya: Buy above 548 for targets of 554, 565 SL 541
Lichsgfin: Buy above 290 for targets of 293, 296 SL 287

SCORE SHEET
Abgship: Buy above 375 for targets of 380, 388 SL 369: SL Hit
Fortis: Buy above 117.5 for targets of 119, 121 SL 116: Call not Active

POSITIONAL TRADE
Madrascem: Buy above 245 for target of 255 SL 242 (2-3 Days)
Hindoilexp: Buy above 106.5 for target of 112 SL 105 (1 Week)

Thanks and Regards

S&P Wealth Creators

0 comments:

Post a Comment

Please leave your comments here...