Market outlook for 14/02/2014

Nifty closed down 82.90 points (1.36%) at 6001.10 while Nifty Future closed at 6005.45, premium of 4.35 points.
Bank Nifty closed down 213.10 points (2.06%) at 10135.70 while Future closed at 10145.80, premium of 10.10 points.

• FII bought in Cash (Net buy 399.40 Crore)
• FII bought in index option, stock future but sold in index future (Net buy 287.28 Crore)
• DII sold in Cash (Net sell 292.40 Crore)
• Most Active Nifty Call Option: 6100 and 6200.
• Most Active Nifty Put Options: 6000 and 5900.
• Advance Decline for the day was 392:1031.
• McClellan's oscillator for NSE at -24.

NIFTY TECHNICAL

Current Spot: 6001.10
Pivot: 6029
5DEMA: 6043
10DEMA: 6063
20DEMA: 6107
50DEMA: 6145
RSI (14 days): 36.22
Parabolic SAR: 6107
Supports: 5963 - 5926 - 5860
Resistance: 6067 - 6132 - 6170

Nifty Future VIX Range: 5949 - 6049
Nifty Future VWAP: 6045.20
MP Values Nifty Future: VAH - 6087, POC - 6051, VAL - 6015

TARGET NIFTY
Buy Nifty Future above 6042 - 6070 - 6115 - 6160 SL - 6015
Sell Nifty Future below 5996 - 5970 - 5930 - 5885 SL - 6040

BANKNIFTY TECHNICAL

Current Spot: 10135.70
Pivot: 10212
5DEMA: 10229
10DEMA: 10288
20DEMA: 10463
50DEMA: 10733
RSI (14 days): 35.40
Parabolic SAR: 10421
Supports: 10037 - 9939 - 9765
Resistance: 10310 - 10485 - 10583

Bank Nifty Future VIX Range: 9983 - 10277
Bank Nifty Future VWAP: 10239.05
MP Values Bank Nifty Future: VAH - 10396, POC - 10310, VAL - 10222

TARGET BANKNIFTY
Buy BankNifty Future above 10239 - 10310 - 10450 - 10580 SL - 10218
Sell BankNifty Future below 10135 - 10055 - 9955 - 9800 SL - 10229

INTRADAY TRADE
TataElxsi: Buy above 418 for targets of 422, 430 SL 412
Lovable: Buy above 353 for targets of 357, 366 SL 346

SCORE SHEET
Finpipe: Buy above 168 for targets of 170, 175 SL 164: Target 174.30 done
Mothersumi: Buy above 231 for targets of 234, 239 SL 226: Call not Active

POSITIONAL TRADE
Kotharipro: Buy above 502 for target of 530 SL 493 (2-3 Days)

Thanks and Regards

MarketPulse S&P