Market outlook for 13/02/2014

Nifty closed up 21.30 points (0.35%) at 6084.00 while Nifty Future closed at 6099.75, premium of 15.75 points.
Bank Nifty closed up 103.35 points (1.01%) at 10348.80 while Future closed at 10374.75, premium of 25.95 points.

• FII bought in Cash (Net buy 211.99 Crore)
• FII sold in index option but bought in index future, stock future (Net sell 59.19 Crore)
• DII sold in Cash (Net sell 261.96 Crore)
• Most Active Nifty Call Option: 6100 and 6200.
• Most Active Nifty Put Options: 6100 and 6000.
• Advance Decline for the day was 636:767.
• McClellan's oscillator for NSE at -06.

NIFTY TECHNICAL

Current Spot: 6084.00
Pivot: 6089
5DEMA: 6064
10DEMA: 6077
20DEMA: 6118
50DEMA: 6153
RSI (14 days): 43.62
Parabolic SAR: 6108
Supports: 6072 - 6060 - 6043
Resistance: 6101 - 6119 - 6130

Nifty Future VIX Range: 6047 - 6141
Nifty Future VWAP: 6106.04
MP Values Nifty Future: VAH - 6111, POC - 6102, VAL - 6093

TARGET NIFTY
Buy Nifty Future above 6108 - 6118 - 6135 - 6160 SL - 6101
Sell Nifty Future below 6092 - 6085 - 6070 - 6045 SL - 6107

BANKNIFTY TECHNICAL

Current Spot: 10348.80
Pivot: 10351
5DEMA: 10276
10DEMA: 10322
20DEMA: 10497
50DEMA: 10762
RSI (14 days): 40.93
Parabolic SAR: 10474
Supports: 10306 - 10263 - 10218
Resistance: 10393 - 10438 - 10481

Bank Nifty Future VIX Range: 10227 - 10515
Bank Nifty Future VWAP: 10373.45
MP Values Bank Nifty Future: VAH - 10402, POC - 10378, VAL - 10354

TARGET BANKNIFTY
Buy BankNifty Future above 10383 - 10420 - 10470 - 10530 SL - 10354
Sell BankNifty Future below 10354 - 10325 - 10280 - 10220 SL - 10379

INTRADAY TRADE
Finpipe: Buy above 168 for targets of 170, 175 SL 164
Mothersumi: Buy above 231 for targets of 234, 239 SL 226

SCORE SHEET
Muthootfin: Buy above 162 for targets of 164, 169 SL 158: Target 179.35 done
Bharatforg: Buy above 371 for targets of 375, 383 SL 363: SL Hit

POSITIONAL TRADE
Siticable: Buy above 19.8 for target of 20.5 SL 19.5 (2-3 Days)
Gabriel: Buy above 23.4 for target of 25.5 SL 23.1 (1 Week)

Thanks and Regards

MarketPulse S&P