Tuesday, July 29, 2014

Market outlook for 30/07/2014

Nifty closed down 41.75 points (0.54%) at 7748.70 while Future closed at 7743.25, discount of 5.45 points.
Bank Nifty closed down 110.10 points (0.72%) at 15212.15 while Future closed at 15230.60, premium of 18.45 points.
  • FII bought in Cash (Net buy 75.04 Crore)
  • FII sold in index option, stock future but bought in index future (Net sell 353.88 Crore)
  • DII bought in Cash (Net buy 55.91 Crore)
  • Most Active Nifty Call Option: 7700 and 7800.
  • Most Active Nifty Put Options: 7800 and 7700.
  • Advance Decline for the day was 520:1024.
  • McClellan's oscillator for NSE at -57.
NIFTY TECHNICAL
Current Spot: 7748.70
Pivot: 7757
5DEMA: 7761
10DEMA: 7723
20DEMA: 7669
50DEMA: 7504
RSI (14 days): 59.55
Parabolic SAR: 7566
Supports: 7714 - 7680 - 7637
Resistance: 7792 - 7834 - 7869
Nifty Future VIX Range: 7678 - 7804
Nifty Future VWAP: 7753.76
MP Values Nifty Future: VAH - 7763, POC - 7739, VAL - 7722

TARGET NIFTY
Buy Nifty Future above 7763 - 7785 - 7830 - 7870 SL - 7752
Sell Nifty Future below 7738 - 7722 - 7685 - 7635 SL - 7762

BANKNIFTY TECHNICAL
Current Spot: 15212.15
Pivot: 15259
5DEMA: 15327
10DEMA: 15287
20DEMA: 15224
50DEMA: 14947
RSI (14 days): 51.32
Parabolic SAR: 14786
Supports: 15115 - 15018 - 14873
Resistance: 15357 - 15501 - 15599
Bank Nifty Future VIX Range: 15065 - 15455
Bank Nifty Future VWAP: 15283.00
MP Values Bank Nifty Future: VAH - 15335, POC - 15246, VAL - 15171

TARGET BANKNIFTY
Buy BankNifty Future above 15287 - 15370 - 15500 - 15620 SL - 15246
Sell BankNifty Future below 15208 - 15135 - 15035 - 14900 SL - 15284

INTRADAY TRADE
Bharatforg: Buy above 715 for targets of 720, 731 SL 706
Exideind: Buy above 163.5 for targets of 165, 168 SL 162

SCORE SHEET
AsianPaint: Buy above 640 for targets of 645, 653 SL 633: Target 644.90 done
Petronet: Buy above 185 for targets of 186.5, 190 SL 182: Target 188.10 done

POSITIONAL TRADE
Excelinfo: Buy above 20.8 for target of 21.7 SL 20.2 (2-3 Days)
Sjvn: Buy above 25 for target of 27.5 SL 24.3 (1 Week)

Thanks and Regards

MarketPulse S&P

0 comments:

Post a Comment

Please leave your comments here...