Market outlook for 25/02/2013

Nifty closed down 1.95 points (0.03%) at 5850.30 while Nifty Future closed at 5853.95, premium of 3.65 points.
Bank Nifty closed up 13.45 points (0.11%) at 12068.95 while Future closed at 12100.50, premium of 31.55 points.

• FII bought in Cash (Net buy 280.30 Crore)
• FII sold in index future, index option but bought in stock future (Net sell 572.18 Crore)
• DII sold in Cash (Net sell 351.98 Crore)
• Most Active Nifty Call Option: 5900 and 6000.
• Most Active Nifty Put Options: 5900 and 5800.
• Advance Decline for the day was 740:752.

NIFTY TECHNICAL

Current Spot: 5850.30
Pivot: 5853
5DEMA: 5884
10DEMA: 5904
20DEMA: 5932
50DEMA: 5925
RSI (14 days): 36.91
Parabolic SAR: 5968
Supports: 5833 - 5815 - 5795
Resistance: 5871 - 5891 - 5909

Nifty Future VIX Range: 5816 - 5892
Nifty Future VWAP: 5861.51
MP Values Nifty Future: VAH - 5873, POC - 5864, VAL - 5855

TARGET NIFTY
Buy Nifty Future above 5865 - 5980 - 5905 - 5935 SL - 5855
Sell Nifty Future below 5845 - 5830 - 5805 - 5780 SL - 5864

BANKNIFTY TECHNICAL

Current Spot: 12068.95
Pivot: 12078
5DEMA: 12199
10DEMA: 12282
20DEMA: 12379
50DEMA: 12382
RSI (14 days): 32.98
Parabolic SAR: 12417
Supports: 12016 - 11962 - 11900
Resistance: 12131 - 12193 - 12246

Bank Nifty Future VIX Range: 11995 - 12206
Bank Nifty Future VWAP: 12118.40
MP Values Bank Nifty Future: VAH - 12145, POC - 12120, VAL - 12095

TARGET BANKNIFTY
Buy BankNifty Future above 12122 - 12160 - 12220 - 12270 SL - 12095
Sell BankNifty Future below 12083 - 12055 - 12005 - 11940 SL - 12121

INTRADAY TRADE
Reliance Industries: Buy above 869 for targets of 875, 882 SL 862
Reliance Industries: Sell below 858 for targets of 852, 845 SL 866
Relcapital: Buy above 410 for targets of 414, 420 SL 405
Wipro: Buy above 418 for targets of 421, 427 SL 412

SCORE SHEET
Videoind: Buy above 205 for targets of 207, 212 SL 203: Target 206.50 done
Cairn: Buy above 308 for targets of 310, 313 SL 305: Call not Active

POSITIONAL TRADE
Pantaloonr: Buy above 216 for target of 223 SL 214 (2-3 Days)
Sintex: Buy above 60.5 for target of 63 SL 59.5 (1 Week)

Thanks and Regards

S&P Wealth Creators