Sunday, August 4, 2013

Market outlook for 05/08/2013

Nifty closed down 49.95 points (0.87%) at 5677.90 while Nifty Future closed at 5705.55, premium of 27.65 points.
Bank Nifty closed down 145.15 points (1.43%) at 9997.80 while Future closed at 10060.30, premium of 62.50 points.
  • FII bought in Cash (Net buy 283.79 Crore)
  • FII bought in index option, stock future but sold in index future (Net buy 771.35 Crore)
  • DII sold in Cash (Net sell 340.60 Crore)
  • Most Active Nifty Call Option: 5900 and 6000.
  • Most Active Nifty Put Options: 5700 and 5600.
  • Advance Decline for the day was 332:843.
  • McClellan's oscillator for NSE at -77.
NIFTY TECHNICAL
Current Spot: 5677.90
Pivot: 5696
5DEMA: 5752
10DEMA: 5816
20DEMA: 5856
50DEMA: 5886
RSI (14 days): 35.33
Parabolic SAR: 5958
Supports: 5631 - 5583- 5518
Resistance: 5744 - 5809 - 5856
Nifty Future VIX Range: 5640 - 5760
Nifty Future VWAP: 5728.50
MP Values Nifty Future: VAH - 5765, POC - 5733, VAL - 5701

TARGET NIFTY
Buy Nifty Future above 5733 - 5760 - 5815 - 5865 SL - 5701
Sell Nifty Future below 5697 - 5665 - 5630 - 5580 SL - 5728

BANKNIFTY TECHNICAL
Current Spot: 9997.80
Pivot: 10059
5DEMA: 10174
10DEMA: 10419
20DEMA: 10766
50DEMA: 11365
RSI (14 days): 29.19
Parabolic SAR: 10837
Supports: 9898 - 9797 - 9636
Resistance: 10159 - 10320 - 10420
Bank Nifty Future VIX Range: 9848 - 10230
Bank Nifty Future VWAP: 10105.42
MP Values Bank Nifty Future: VAH - 10184, POC - 10120, VAL - 10056

TARGET BANKNIFTY
Buy BankNifty Future above 10124 - 10205 - 10320 - 10450 SL - 10056
Sell BankNifty Future below 10045 - 9960 - 9855 - 9720 SL - 10121

INTRADAY TRADE
Reliance: Buy above 864 for targets of 870, 890 SL 858
Reliance: Sell below 853 for targets of 847, 835 SL 862
Ambujacem: Buy above 172 for targets of 174, 177 SL 170
Titan: Buy above 284 for targets of 287, 293 SL 277

SCORE SHEET
Star: Buy above 626 for targets of 632, 645 SL 616: Target 706.00 done
Adanient: Buy above 177 for targets of 179, 183 SL 173.5: Target 178.95 done

POSITIONAL TRADE
Suntv: Buy above 428 for target of 445 SL 417 (2-3 Days)
Archies: Buy above 17 for target of 19 SL 16.5 (1 Week)

Thanks and Regards

S&P Wealth Creators

0 comments:

Post a Comment

Please leave your comments here...