Thursday, January 9, 2014

Market outlook for 10/01/2014

Nifty closed down 6.25 points (0.10%) at 6168.35 while Nifty Future closed at 6184.45, premium of 16.10 points.
Bank Nifty closed down 83.25 points (0.75%) at 10970.45 while Future closed at 11008.40, premium of 37.95 points.
  • FII sold in Cash (Net sell 3.74 Crore)
  • FII sold in index future, index option, and in stock future (Net sell 644.68 Crore)
  • DII sold in Cash (Net sell 118.45 Crore)
  • Most Active Nifty Call Option: 6300 and 6200.
  • Most Active Nifty Put Options: 6200 and 6100.
  • Advance Decline for the day was 483:920.
  • McClellan's oscillator for NSE at +02.
NIFTY TECHNICAL
Current Spot: 6168.35
Pivot: 6168
5DEMA: 6187
10DEMA: 6210
20DEMA: 6219
50DEMA: 6190
RSI (14 days): 44.89
Parabolic SAR: 6350
Supports: 6148 - 6128 - 6109
Resistance: 6188 - 6208 - 6228
Nifty Future VIX Range: 6138 - 6248
Nifty Future VWAP: 6182.43
MP Values Nifty Future: VAH - 6192, POC - 6182, VAL - 6172

TARGET NIFTY
Buy Nifty Future above 6192 - 6202 - 6225 - 6245 SL - 6180
Sell Nifty Future below 6172 - 6164 - 6145 - 6125 SL - 6187

BANKNIFTY TECHNICAL
Current Spot: 10970.45
Pivot: 10995
5DEMA: 11066
10DEMA: 11153
20DEMA: 11225
50DEMA: 11147
RSI (14 days): 40.71
Parabolic SAR: 11338
Supports: 10900 - 10830 - 10735
Resistance: 11065 - 11160 - 11231
Bank Nifty Future VIX Range: 10855 - 11187
Bank Nifty Future VWAP: 11015.49
MP Values Bank Nifty Future: VAH - 11045, POC - 10988, VAL - 10954

TARGET BANKNIFTY
Buy BankNifty Future above 11045 - 11105 - 11200 - 11285 SL - 10995
Sell BankNifty Future below 10988 - 10935 - 10855 - 10750 SL - 11039

INTRADAY TRADE
Reliance: Buy above 853 for targets of 856, 861 SL 848
Reliance: Sell below 846 for targets of 843, 838 SL 852
Mothersumi: Buy above 214 for targets of 217, 223 SL 210
Jindalstel: Buy above 265 for targets of 268, 272 SL 261

SCORE SHEET
Bankindia: Buy above 243 for targets of 246, 252 SL 239: Target 246.25 done
Recltd: Buy above 210 for targets of 212, 217 SL 208: SL Hit

POSITIONAL TRADE
Gujalkali: Buy above 181 for target of 190 SL 176 (2-3 Days)
Psl: Buy above 23.5 for target of 25.5 SL 22.9 (1 Week)

Thanks and Regards

MarketPulse S&P

0 comments:

Post a Comment

Please leave your comments here...