Tuesday, July 22, 2014

Market outlook for 23/07/2014

Nifty closed up 83.65 points (1.09%) at 7767.85 while Future closed at 7767.95, premium of 0.10 points.
Bank Nifty closed up 41.40 points (0.27%) at 15427.35 while Future closed at 15449.95, premium of 22.60 points.
  • FII bought in Cash (Net buy 412.03 Crore)
  • FII bought in index future, stock future but sold in index option (Net buy 1650.98 Crore)
  • DII bought in Cash (Net buy 59.23 Crore)
  • Most Active Nifty Call Option: 7700 and 7800.
  • Most Active Nifty Put Options: 7700 and 7600.
  • Advance Decline for the day was 752:808.
  • McClellan's oscillator for NSE at -07.
NIFTY TECHNICAL
Current Spot: 7767.85
Pivot: 7749
5DEMA: 7680
10DEMA: 7644
20DEMA: 7610
50DEMA: 7463
RSI (14 days): 63.89
Parabolic SAR: 7442
Supports: 7724 - 7680 - 7655
Resistance: 7793 - 7818 - 7862
Nifty Future VIX Range: 7702 - 7839
Nifty Future VWAP: 7739.74
MP Values Nifty Future: VAH - 7760, POC - 7741, VAL - 7722

TARGET NIFTY
Buy Nifty Future above 7774 - 7788 - 7815 - 7855 SL - 7739
Sell Nifty Future below 7737 - 7725 - 7690 - 7660 SL - 7761

BANKNIFTY TECHNICAL
Current Spot: 15427.35
Pivot: 15402
5DEMA: 15301
10DEMA: 15200
20DEMA: 15151
50DEMA: 14880
RSI (14 days): 58.16
Parabolic SAR: 14558
Supports: 15331 - 15235 - 15164
Resistance: 15498 - 15569 - 15665
Bank Nifty Future VIX Range: 15250 - 15677
Bank Nifty Future VWAP: 15429.55
MP Values Bank Nifty Future: VAH - 15484, POC - 15439, VAL - 15394

TARGET BANKNIFTY
Buy BankNifty Future above 15484 - 15520 - 15590 - 15690 SL - 15429
Sell BankNifty Future below 15402 - 15360 - 15260 - 15185 SL - 15439

INTRADAY TRADE
Bhartiartl: Buy above 356 for targets of 359, 366 SL 350
Pfc: Buy above 277 for targets of 280, 284 SL 274

SCORE SHEET
Lichsgfin: Buy above 312 for targets of 314, 317 SL 309: Target 313.50 done
Atlascycle: Buy above 307 for targets of 310, 317 SL 302: Target 328.65 done

POSITIONAL TRADE
Ballarpur: Buy above 18.2 for target of 19.1 SL 17.9 (2-3 Days)
Zeemedia: Buy above 18.4 for target of 20.5 SL 17.9 (1 Week)

Thanks and Regards

MarketPulse S&P

0 comments:

Post a Comment

Please leave your comments here...