Tuesday, January 17, 2012

Market outlook for 18/01/12

Nifty closed up 93.40 points (1.92%) at 4967.30 while Nifty Future closed at 4977.00, premium of 9.70 points.
Bank Nifty closed up 116.45 points (1.30%) at 9056.70 while Future closed at 9078.45, premium of 21.75 points.
  • FII bought huge in Cash (Net buy 1025.75 Crore)
  • FII bought huge in index future, stock future and index option (Net buy 1461.51 Crore)
  • DII sold in Cash (Net sell 429.23 Crore)
  • US market is trading flat to positive.
  • Global cues are flat to positive.
  • SGX nifty is flat as of now.
  • Most Active Nifty Call Option: 4900 and 5000.
  • Most Active Nifty Put Options: 4900 and 4800.
  • Advance Decline for the day was 1030:424.
NIFTY TECHNICAL
Current Spot: 4967.30
Pivot: 4949
5DEMA: 4886
10DEMA: 4840
20DEMA: 4806
50DEMA: 4851
RSI (14 days): 64.03
Parabolic SAR: 4679
Supports: 4922 - 4877 - 4851
Resistance: 4994 - 5021 - 5065
CAM Support: 4961 - 4954 - 4948 - 4928
CAM Resistance: 4974 - 4980 - 4987 - 5007
NF VIX Range: 4911 - 5043
Nifty Future VWAP: 4963.25
MP Values Nifty Future: VAH - 4988, POC - 4976, VAL - 4955

TARGET NIFTY
Buy Nifty Future above 4981 - 5004 - 5030 - 5075 SL - 4957
Sell Nifty Future below 4952 - 4933 - 4890 - 4860 SL - 4979

BANKNIFTY TECHNICAL
Current Spot: 9056.70
Pivot: 9061
5DEMA: 8922
10DEMA: 8769
20DEMA: 8629
50DEMA: 8737
RSI (14 days): 65.34
Parabolic SAR: 8563
Supports: 9008 - 8958 - 8905
Resistance: 9110 - 9164 - 9213
CAM Support: 9047 - 9038 - 9028 - 9000
CAM Resistance: 9066 - 9076 - 9085 - 9113
Bank Nifty VIX Range: 8910 - 9247
Bank Nifty Future VWAP: 9091.93
MP Values Bank Nifty Future: VAH - 9111, POC - 9091, VAL - 9071

TARGET BANKNIFTY
Buy BankNifty Future above 9085 - 9140 - 9200 - 9280 SL - 9062
Sell BankNifty Future below 9059 - 9015 - 8940 - 8870 SL - 9077

INTRADAY TRADE
Reliance Industries: Buy above 744 for targets of 748, 754, 766 SL 732
Reliance Industries: Sell below 730 for targets of 726, 720, 708 SL 736
JetAirways: Buy above 237 for targets of 241, 247 SL 231
TataSteel: Buy above 445 for targets of 451, 460 SL 437

SCORE SHEET
Lichsgfin: Buy above 248 for targets of 251, 256 SL 244: Target 253.25 achieved
TataMotors: Buy above 215 for targets of 217, 220 SL 211: Target 221.40 achieved

POSITIONAL TRADE
Adanient: Buy above 374 for target of 390 SL 366 (2-3 Days)
Hdil: Buy above 77 for target of 84 SL 75 (1 Week)

Thanks and Regards

S&P Wealth Creators

1 comment:

  1. Thanks Dear Sanjay for your very much fast modification in FII DII Stat.Table.It is looking great.. and today again FII are net net buyers in both segments...

    ReplyDelete

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