Thursday, November 1, 2012

Market outlook for 02/11/2012

Nifty closed up 25.35 points (0.45%) at 5645.05 while Nifty Future closed at 5676.00, premium of 30.95 points.
Bank Nifty closed up 46.25 points (0.41%) at 11315.05 while Future closed at 11384.10, premium of 69.05 points.
  • FII bought in Cash (Net buy 334.61 Crore)
  • FII bought in index future, index option, stock future (Net buy 1262.08 Crore)
  • DII sold in Cash (Net sell 153.88 Crore)
  • Most Active Nifty Call Option: 5700 and 5800.
  • Most Active Nifty Put Options: 5600 and 5500.
  • Advance Decline for the day was 948:540.
NIFTY TECHNICAL
Current Spot: 5645.05
Pivot: 5632
5DEMA: 5643
10DEMA: 5657
20DEMA: 5655
50DEMA: 5572
RSI (14 days): 50.87
Parabolic SAR: 5027
Supports: 5615 - 5584 - 5567
Resistance: 5663 - 5680 - 5710
Nifty Future VIX Range: 5631 - 5721
Nifty Future VWAP: 5658.54
MP Values Nifty Future: VAH - 5676, POC - 5657, VAL - 5638

TARGET NIFTY
Buy Nifty Future above 5680 - 5695 - 5710 - 5730 SL - 5657
Sell Nifty Future below 5656 - 5638 - 5625 - 5605 SL - 5676

BANKNIFTY TECHNICAL
Current Spot: 11315.05
Pivot: 11298
5DEMA: 11349
10DEMA: 11396
20DEMA: 11363
50DEMA: 11083
RSI (14 days): 50.74
Parabolic SAR: 10790
Supports: 11247 - 11179 - 11128
Resistance: 11366 - 11417 - 11485
Bank Nifty Future VIX Range: 11246 - 11522
Bank Nifty Future VWAP: 11373.21
MP Values Bank Nifty Future: VAH - 11401, POC - 11375, VAL - 11349

TARGET BANKNIFTY
Buy BankNifty Future above 11401 - 11430 - 11470 - 11540 SL - 11374
Sell BankNifty Future below 11349 - 11325 - 11265 - 11215 SL - 11376

INTRADAY TRADE
Reliance Industries: Buy above 809 for targets of 812, 816, 826 SL 801
Reliance Industries: Sell below 798 for targets of 795, 790, 780 SL 805
Tataglobal: Buy above 160.50 for targets of 163, 167 SL 157
Godrejind: Buy above 316 for targets of 320, 326 SL 310

SCORE SHEET
Zeel: Buy above 190 for targets of 193, 197 SL 186: Call not active
Pfc: Buy above 186 for targets of 188, 191 SL 182: Target 187.50 done

POSITIONAL TRADE
Titan: Buy above 287 for target of 304 SL 278 (2-3 Days)
Jaysreetea: Buy above 98 for target of 104 SL 96 (1 Week)

Thanks and Regards

S&P Wealth Creators

4 comments:

  1. Dear Sanjay,
    No updates since 2nd Nov...any problem ? Hope so everything is fine there...!

    ReplyDelete
    Replies
    1. Mynac Sir,

      Thanks for your concern. Everything is fine here, just busy with some renovation work at home, will start updating from weekend.

      Extremely sorry for not updating the Blog.

      Thanks and Regards

      Sanjay

      Delete
    2. Hello sir,
      I am manoj new man for our blog,visit last 15 days regularly its very useful for me and i think our last post for 2nd november ...........today then after 9.00pm i will see surprise him to start on post thank you welcome back sanjay sir................
      by
      Manoj(MJM)

      Delete
  2. Hello sir,
    I am manoj new man for our blog,visit last 15 days regularly its very useful for me and i think our last post for 2nd november ...........today then after 9.00pm i will see surprise him to start on post thank you welcome back sanjay sir................
    by
    Manoj(MJM)

    ReplyDelete

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