Market outlook for 01/10/2013

Nifty closed down 97.90 points (1.68%) at 5735.30 while Nifty Future closed at 5791.45, premium of 56.15 points.
Bank Nifty closed down 281.95 points (2.85%) at 9617.80 while Future closed at 9700.60, premium of 82.80 points.

• FII sold in Cash (Net sell 519.64 Crore)
• FII bought in index option, stock future but sold in index future (Net buy 155.96 Crore)
• DII bought in Cash (Net buy 89.76 Crore)
• Most Active Nifty Call Option: 6000 and 6500.
• Most Active Nifty Put Options: 5700 and 5600.
• Advance Decline for the day was 470:853.
• McClellan's oscillator for NSE at -5.

NIFTY TECHNICAL

Current Spot: 5735.30
Pivot: 5755
5DEMA: 5830
10DEMA: 5846
20DEMA: 5800
50DEMA: 5755
RSI (14 days): 47.89
Parabolic SAR: 6095
Supports: 5699 - 5663- 5607
Resistance: 5791 - 5846 - 5883

Nifty Future VIX Range: 5680 - 5874
Nifty Future VWAP: 5810.74
MP Values Nifty Future: VAH - 5823, POC - 5806, VAL - 5789

TARGET NIFTY
Buy Nifty Future above 5811 - 5835 - 5875 - 5915 SL - 5905
Sell Nifty Future below 5783 - 5765 - 5730 - 5685 SL - 5810

BANKNIFTY TECHNICAL

Current Spot: 9617.80
Pivot: 9674
5DEMA: 9947
10DEMA: 10065
20DEMA: 10023
50DEMA: 10150
RSI (14 days): 43.33
Parabolic SAR: 11104
Supports: 9532 - 9446 - 9305
Resistance: 9759 - 9901 - 9987

Bank Nifty Future VIX Range: 9389 - 9969
Bank Nifty Future VWAP: 9757.29
MP Values Bank Nifty Future: VAH - 9805, POC - 9762, VAL - 9719

TARGET BANKNIFTY
Buy BankNifty Future above 9770 - 9840 - 9965 - 10050 SL - 9747
Sell BankNifty Future below 9686 - 9620 - 9530 - 9400 SL - 9766

INTRADAY TRADE
Reliance: Buy above 833 for targets of 840, 852 SL 827
Reliance: Sell below 819 for targets of 812, 800 SL 831
JetAirways: Buy above 363 for targets of 367, 373 SL 355
Srf: Buy above 167 for targets of 169, 172 SL 164

SCORE SHEET
BataIndia: Buy above 855 for targets of 863, 875 SL 840: Target 872.00 done
Petronet: Buy above 124 for targets of 125.1, 127 SL 122.3: Call not active

POSITIONAL TRADE
Gsfc: Buy above 53 for target of 55.5 SL 52 (2-3 Days)
Gspl: Buy above 55.5 for target of 60 SL 53.50 (1 Week)

Thanks and Regards

MarketPulse S&P