Market outlook for 14/02/2013

Nifty closed up 10.45 points (0.18%) at 5932.95 while Nifty Future closed at 5936.55, premium of 3.60 points.
Bank Nifty closed down 20.15 points (0.16%) at 12385.10 while Future closed at 12396.75, premium of 11.65 points.

• FII bought in Cash (Net buy 800.31 Crore)
• FII bought in index future, index option and in stock future (Net buy 1689.19 Crore)
• DII sold in Cash (Net sell 289.69 Crore)
• Most Active Nifty Call Option: 6000 and 6100.
• Most Active Nifty Put Options: 5900 and 5800.
• Advance Decline for the day was 585:895.

NIFTY TECHNICAL

Current Spot: 5932.95
Pivot: 5942
5DEMA: 5930
10DEMA: 5951
20DEMA: 5972
50DEMA: 5937
RSI (14 days): 43.77
Parabolic SAR: 6010
Supports: 5914 - 5895 - 5868
Resistance: 5961 - 5988 - 6007

Nifty Future VIX Range: 5906 - 5967
Nifty Future VWAP: 5957.01
MP Values Nifty Future: VAH - 5978, POC - 5963, VAL - 5944

TARGET NIFTY
Buy Nifty Future above 5963 - 5975 - 5985 - 6005 SL - 5944
Sell Nifty Future below 5929 - 5920 - 5900 - 5870 SL - 5945

BANKNIFTY TECHNICAL

Current Spot: 12385.10
Pivot: 12411
5DEMA: 12388
10DEMA: 12442
20DEMA: 12508
50DEMA: 12424
RSI (14 days): 42.94
Parabolic SAR: 12678
Supports: 12336 - 12287 - 12212
Resistance: 12460 - 12535 - 12584

Bank Nifty Future VIX Range: 12311 - 12483
Bank Nifty Future VWAP: 12455.21
MP Values Bank Nifty Future: VAH - 12517, POC - 12476, VAL - 12424

TARGET BANKNIFTY
Buy BankNifty Future above 12440 - 12475 - 12555 - 12615 SL - 12424
Sell BankNifty Future below 12378 - 12350 - 12300 - 12215 SL - 12439

INTRADAY TRADE
Reliance Industries: Buy above 883 for targets of 890, 900 SL 878
Reliance Industries: Sell below 875 for targets of 867, 858 SL 882
Bhartiartl: Buy above 329 for targets of 332, 336 SL 326
Madrascem: Buy above 242 for targets of 244, 247 SL 239

SCORE SHEET
Hcltech: Buy above 681 for targets of 686, 695 SL 672: Target 714.30 done
TataMotors: Buy above 300 for targets of 302, 305 SL 296: Target 312.00 done

POSITIONAL TRADE
Kwality: Buy above 35.5 for target of 37 SL 34.8 (2-3 Days)
Idfc: Buy above 158 for target of 167 SL 156 (1 Week)

Thanks and Regards

S&P Wealth Creators