Sunday, April 29, 2012

Market outlook for 30/04/2012

Nifty closed up 1.60 points (0.03%) at 5190.60 while Nifty Future closed at 5210.10, premium of 20.20 points.
Bank Nifty closed up 20.70 points (0.20%) at 10148.70 while Future closed at 10143.90, discount of 4.80 points.
  • FII sold in Cash (Net sell 376.22 Crore)
  • FII sold in index future, index option but bought in stock future (Net sell 197.22 Crore)
  • DII bought in Cash (Net buy 142.56 Crore)
  • Most Active Nifty Call Option: 5300 and 5400.
  • Most Active Nifty Put Options: 5200 and 5100.
  • Advance Decline for the day was 798:524.
NIFTY TECHNICAL
Current Spot: 5190.60
Pivot: 5189
5DEMA: 5209
10DEMA: 5229
20DEMA: 5249
50DEMA: 5276
RSI (14 days): 43.75
Parabolic SAR: 5357
Supports: 5156 - 5121 - 5087
Resistance: 5224 - 5258 - 5293
CAM Support: 5184 - 5178 - 5172 - 5153
CAM Resistance: 5197 - 5203 - 5210 - 5228
NF VIX Range: 5153 - 5269
Nifty Future VWAP: 5210.10
MP Values Nifty Future: VAH - 5228, POC - 5203, VAL - 5178

TARGET NIFTY
Buy Nifty Future above 5215 - 5245 - 5285 - 5330 SL - 5204
Sell Nifty Future below 5202 - 5172 - 5135 - 5095 SL - 5213

BANKNIFTY TECHNICAL
Current Spot: 10148.70
Pivot: 10142
5DEMA: 10201
10DEMA: 10259
20DEMA: 10290
50DEMA: 10284
RSI (14 days): 44.95
Parabolic SAR: 10587
Supports: 10036 - 9923 - 9816
Resistance: 10255 - 10362 - 10475
CAM Support: 10129 - 10108 - 10088 - 10028
CAM Resistance: 10169 - 10189 - 10209 - 10270
Bank Nifty VIX Range: 9992 - 10296
Bank Nifty Future VWAP: 10156.80
MP Values Bank Nifty Future: VAH - 10201, POC - 10125, VAL - 10049

TARGET BANKNIFTY
Buy BankNifty Future above 10160 - 10255 - 10365 - 10460 SL - 10137
Sell BankNifty Future below 10129 - 10045 - 9935 - 9820 SL - 10157

INTRADAY TRADE
Reliance Industries: Buy above 744 for targets of 746, 750, 756 SL 740
Reliance Industries: Sell below 738 for targets of 736, 732, 727 SL 744
IndiaBulls: Buy above 236 for targets of 239, 245 SL 232
MindTree: Buy above 582 for targets of 588, 599 SL 573

SCORE SHEET
Kotakbank: Buy above 585 for targets of 590, 599 SL 576: Target 591.00 done
Tatacomm: Buy above 236 for targets of 239, 244 SL 233: Call not Active

POSITIONAL TRADE
RajeshExpo: Buy above 145 for target of 149 SL 142.5 (2-3 Days)
EssarOil: Buy above 52.5 for target of 58 SL 51.5 (1 Week)

Thanks and Regards

S&P Wealth Creators

5 comments:

  1. Great work OI Eod analysis and Volume profile.

    Could you please post the Volume profile afl in your blog?

    Thanks,

    Krish.

    ReplyDelete

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