Sunday, June 2, 2013

Market outlook for 03/06/2013

Nifty closed down 138.10 points (2.26%) at 5985.95 while Nifty Future closed at 6000.05, premium of 14.10 points.
Bank Nifty closed down 330.25 points (2.58%) at 12475.65 while Future closed at 12484.05, premium of 8.40 points.
  • FII sold in Cash (Net sell 504.02 Crore)
  • FII sold in index future but bought in index option, stock future (Net sell 1194.79 Crore)
  • DII bought in Cash (Net buy 203.11 Crore)
  • Most Active Nifty Call Option: 6100 and 6200.
  • Most Active Nifty Put Options: 6000 and 5900.
  • Advance Decline for the day was 317:990.
NIFTY TECHNICAL
Current Spot: 5985.95
Pivot: 6023
5DEMA: 6060
10DEMA: 6067
20DEMA: 6041
50DEMA: 5936
RSI (14 days): 48.21
Parabolic SAR: 6171
Supports: 5939 - 5892 - 5808
Resistance: 6070 - 6153 - 6200
Nifty Future VIX Range: 5923 - 6059
Nifty Future VWAP: 6045.02
MP Values Nifty Future: VAH - 6094, POC - 6060, VAL - 6026

TARGET NIFTY
Buy Nifty Future above 6041 - 6065 - 6100 - 6150 SL - 6026
Sell Nifty Future below 5991 - 5965 - 5930 - 5880 SL - 6040

BANKNIFTY TECHNICAL
Current Spot: 12475.65
Pivot: 12563
5DEMA: 12736
10DEMA: 12806
20DEMA: 12750
50DEMA: 12396
RSI (14 days): 45.34
Parabolic SAR: 13242
Supports: 12366 - 12256 - 12058
Resistance: 12673 - 12870 - 12980
Bank Nifty Future VIX Range: 12287 - 12671
Bank Nifty Future VWAP: 12585.77
MP Values Bank Nifty Future: VAH - 12706, POC - 12615, VAL - 12524

TARGET BANKNIFTY
Buy BankNifty Future above 12583 - 12650 - 12740 - 12860 SL - 12524
Sell BankNifty Future below 12465 - 12400 - 12310 - 12190 SL - 12580

INTRADAY TRADE
Reliance: Buy above 819 for targets of 825, 836 SL 813
Reliance: Sell below 804 for targets of 798, 788 SL 817
Britannia: Buy above 728 for targets of 734, 745 SL 717
Kajariacer: Buy above 246 for targets of 249, 254 SL 242

SCORE SHEET
Beml: Buy above 184 for targets of 186, 189 SL 181: Target 186.85 done
Itc: Buy above 355 for targets of 358, 364 SL 350: Call not active

POSITIONAL TRADE
Godrejcp: Buy above 870 for target of 905 SL 857 (2-3 Days)
Escorts: Buy above 70 for target of 74 SL 68.5 (1 Week)

Thanks and Regards

S&P Wealth Creators

0 comments:

Post a Comment

Please leave your comments here...