Monday, August 11, 2014

Market outlook for 12/08/2014

Nifty closed up 57.40 points (0.76%) at 7625.95 while Future closed at 7641.40, premium of 15.45 points.
Bank Nifty closed up 81.05 points (0.55%) at 14846.80 while Future closed at 14899.50, premium of 52.70 points.
  • FII sold in Cash (Net sell 162.92 Crore)
  • FII bought in index future, stock future and in index option (Net buy 1005.66 Crore)
  • DII bought in Cash (Net buy 234.41 Crore)
  • Most Active Nifty Call Option: 7700 and 7800.
  • Most Active Nifty Put Options: 7600 and 7500.
  • Advance Decline for the day was 933:607.
  • McClellan's oscillator for NSE at -40.
NIFTY TECHNICAL
Current Spot: 7625.95
Pivot: 7620
5DEMA: 7639
10DEMA: 7663
20DEMA: 7665
50DEMA: 7576
RSI (14 days): 48.54
Parabolic SAR: 7823
Supports: 7605 - 7583 - 7568
Resistance: 7642 - 7657 - 7678
Nifty Future VWAP: 7632.41
Nifty Future VIX Range: 7578 - 7710
MP Values Nifty Future: VAH - 7642, POC - 7632, VAL - 7622

TARGET NIFTY
Buy Nifty Future above 7647 - 7655 - 7670 - 7700 SL - 7631
Sell Nifty Future below 7622 - 7610 - 7590 - 7560 SL - 7642

BANKNIFTY TECHNICAL
Current Spot: 14846.80
Pivot: 14850
5DEMA: 14949
10DEMA: 15059
20DEMA: 15129
50DEMA: 15075
RSI (14 days): 42.50
Parabolic SAR: 15525
Supports: 14804 - 14760 - 14714
Resistance: 14893 - 14940 - 14983
Bank Nifty Future VWAP: 14906.20
Bank Nifty Future VIX Range: 14710 - 15070
MP Values Bank Nifty Future: VAH - 14928, POC - 14904, VAL - 14880

TARGET BANKNIFTY
Buy BankNifty Future above 14912 - 14950 - 15005 - 15080 SL - 14893
Sell BankNifty Future below 14879 - 14850 - 14805 - 14740 SL - 14908

INTRADAY TRADE
Bankbaroda: Buy above 896 for targets of 904, 920 SL 882
TvsMotor: Buy above 182 for targets of 184, 188 SL 178

SCORE SHEET
Infratel: Buy above 261 for targets of 264, 272 SL 255: Target 267.95 done
Apollohosp: Buy above 1018 for targets of 1030, 1045 SL 1003: Target 1042.00 done

POSITIONAL TRADE
Adanient: Buy above 483 for target of 497 SL 477 (2-3 Days)
Nitinspin: Buy above 21.8 for target of 24 SL 21.3 (1 Week)

Thanks and Regards

MarketPulse S&P

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