Monday, January 16, 2012

Market outlook for 17/01/12

Nifty closed up 7.90 points (0.16%) at 4873.90 while Nifty Future closed at 4891.10, premium of 17.20 points.
Bank Nifty closed down 34.80 points (0.39%) at 8940.25 while Future closed at 8961.60, premium of 21.35 points.
  • FII bought in Cash (Net buy 357.68 Crore)
  • FII sold in index future, stock future but bought in index option (Net sell 186.11 Crore)
  • DII sold in huge in Cash (Net sell 229.55 Crore)
  • US market is trading flat.
  • Global cues are flat.
  • 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 677:779.
NIFTY TECHNICAL
Current Spot: 4873.90
Pivot: 4861
5DEMA: 4845
10DEMA: 4812
20DEMA: 4790
50DEMA: 4846
RSI (14 days): 57.62
Parabolic SAR: 4653
Supports: 4840 - 4807 - 4787
Resistance: 4894 - 4914 - 4948
CAM Support: 4869 - 4864 - 4859 - 4844
CAM Resistance: 4879 - 4884 - 4889 - 4903
NF VIX Range: 4827 - 4955
Nifty Future VWAP: 4863.47
MP Values Nifty Future: VAH - 4875, POC - 4854, VAL - 4836

TARGET NIFTY
Buy Nifty Future above 4895 - 4913 - 4936 - 4975 SL - 4873
Sell Nifty Future below 4868 - 4853 - 4815 - 4790 SL - 4882

BANKNIFTY TECHNICAL
Current Spot: 8940.25
Pivot: 8907
5DEMA: 8855
10DEMA: 8705
20DEMA: 8585
50DEMA: 8724
RSI (14 days): 62.50
Parabolic SAR: 8458
Supports: 8847 - 8753 - 8693
Resistance: 9001 - 9061 - 9155
CAM Support: 8926 - 8912 - 8898 - 8855
CAM Resistance: 8954 - 8969 - 8983 - 9025
Bank Nifty VIX Range: 8793 - 9130
Bank Nifty Future VWAP: 8892.61
MP Values Bank Nifty Future: VAH - 8917, POC - 8879, VAL - 8841

TARGET BANKNIFTY
Buy BankNifty Future above 8968 - 9020 - 9085 - 9190 SL - 8921
Sell BankNifty Future below 8912 - 8865 - 8770 - 8700 SL - 8950

INTRADAY TRADE
Reliance Industries: Buy above 722 for targets of 725, 730, 740 SL 716
Reliance Industries: Sell below 710 for targets of 707, 702, 692 SL 720
Lichsgfin: Buy above 248 for targets of 251, 256 SL 244
TataMotors: Buy above 215 for targets of 217, 220 SL 211

SCORE SHEET
CoalIndia: Buy above 346 for targets of 350, 356 SL 338: Call not Active
Lovable: Buy above 380 for targets of 386, 395 SL 373: Target 386.00 achieved

POSITIONAL TRADE
Aban: Buy above 413 for target of 444 SL 393 (2-3 Days)
Thomascook: Buy above 40 for target of 44 SL 38.80 (1 Week)

Thanks and Regards

S&P Wealth Creators

6 comments:

  1. Dear Sanjay,
    Thanks for O.I.Updates.You are providing it during every market Hr.is really remarkable, appreciable.God Bless you.

    As today US market is closed due to Martin Luther King (Jr)day,there shall be no clue from US market for tomorrow..:)And EOD huge addition in 4800 PE O.I.& moderate deletion in NF O.I.suggesting more up side from here onwards when Nifty has is closed above DHEMA & developing W.Pivot.

    As usual FII are net buyers in cash today,and though I don't understand that much from Dear RM's McClellan's daily Oscillator chart post after market Hrs,nevertheless would like to see it for volume purpose as usual:)

    High volume cash trade was @ 4847 & 4873 today ,so as usual suspense shall be there for tomorrow's trading.. let us see....

    ReplyDelete
  2. It is visible from FII-DII Stats that In last 10 trading days FII are net buyers in cash except one day.

    No doubt,this data is useful for traders,but one small suggestion is there that If,it is possible,then you are requested to add or adjust one line for Nifty Spot O,H,L,Close values of the day,due to this addition probably the table will become more useful and powerful from study point of view.

    Because since 10th of Jan from when FII have turned net buyers over 300 plus Cr.everyday in cash segment and Nifty is trading and closing above 4800 in spite of lot of resistances.One can see it very easily due to this kind of data information.

    I know you are the best judge for my suggestion,so if possible then shall think over over it accordingly...
    Thanks a lot...

    ReplyDelete
    Replies
    1. Dear Mynac Sir,

      Thanks

      Will add one more line below having the Nifty Open High Low Close Data.

      Delete
  3. Ohh.Thanks Dear Sanjay,
    Now ...as you are going to implement it ..then further one request/suggestion is there.. if possible then please do the needful too please!
    When market will close in green,you are requested to use green color for that close value or for that entire line and vice-versa.Probably it will be more indicative for players to understand current market trend/price action at a glance.

    I know it that I am asking for too much,but your presentation of FII_DII Stats here is very much unique,is the main reason behind it :)I have not seen it any where else.We are benefited due to this presentation many times.It has helped and is helping us to know exact influence/co-relation of these figures with current market prices.

    Again I am thanking you a lot from my heart for your selfless services...Bye...good night..

    ReplyDelete
    Replies
    1. Dear Mynac Sir,

      Your wish will be fulfilled.

      Delete
  4. Dear Sanjay,
    Thanks a lot...
    Have a nice trading day ahead...
    With regards,
    mynac...

    ReplyDelete

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