Sunday, December 9, 2012

Market outlook for 10/12/2012

Celebrating 1 Million Pageview, with first post on 18-09-2009


Nifty closed down 23.50 points (0.40%) at 5907.40 while Nifty Future closed at 5944.90, premium of 37.50 points.
Bank Nifty closed down 63.85 points (0.51%) at 12363.70 while Future closed at 12451.40, premium of 87.70 points.
  • FII bought in Cash (Net buy 648.05 Crore)
  • FII bought in index future, index option but sold in stock future (Net buy 171.91 Crore)
  • DII sold in Cash (Net sell 798.48 Crore)
  • Most Active Nifty Call Option: 6000 and 6100.
  • Most Active Nifty Put Options: 5900 and 5800.
  • Advance Decline for the day was 678:855.
NIFTY TECHNICAL
Current Spot: 5907.40
Pivot: 5915
5DEMA: 5889
10DEMA: 5835
20DEMA: 5772
50DEMA: 5686
RSI (14 days): 70.66
Parabolic SAR: 5726
Supports: 5881 - 5854 - 5820
Resistance: 5942 - 5977 - 6003
Nifty Future VIX Range: 5900 - 5990
Nifty Future VWAP: 5954.27
MP Values Nifty Future: VAH - 5966, POC - 5952, VAL - 5938

TARGET NIFTY
Buy Nifty Future above 5953 - 5975 - 6005 - 6035 SL - 5938
Sell Nifty Future below 5935 - 5915 - 5890 - 5860 SL - 5952

BANKNIFTY TECHNICAL
Current Spot: 12363.70
Pivot: 12382
5DEMA: 12263
10DEMA: 12077
20DEMA: 11857
50DEMA: 11502
RSI (14 days): 72.80
Parabolic SAR: 11691
Supports: 12287 - 12210 - 12115
Resistance: 12459 - 12555 - 12631
Bank Nifty Future VIX Range: 12308 - 12595
Bank Nifty Future VWAP: 12473.75
MP Values Bank Nifty Future: VAH - 12546, POC - 12494, VAL - 12442

TARGET BANKNIFTY
Buy BankNifty Future above 12495 - 12560 - 12680 - 12765 SL - 12442
Sell BankNifty Future below 12440 - 12370 - 12285 - 12170 SL - 12494

INTRADAY TRADE
Reliance Industries: Buy above 841 for targets of 844, 855 SL 836
Reliance Industries: Sell below 830 for targets of 827, 821 SL 838
Heromotoco: Buy above 1831 for targets of 1843, 1855 SL 1816
Gitanjali: Buy above 522 for targets of 527, 535 SL 514

SCORE SHEET
Adanient: Buy above 264 for targets of 268, 274 SL 259: Target 268.90 done
CenturyTex: Buy above 440 for targets of 444, 450 SL 435: SL Hit

POSITIONAL TRADE
JswEnergy: Buy above 68.3 for target of 71 SL 66.9 (2-3 Days)
TataGlobal: Buy above 170 for target of 178 SL 168 (1 Week)

Thanks and Regards

S&P Wealth Creators

4 comments:

Please leave your comments here...