Thursday, October 25, 2012

Market outlook for 26/10/2012

Nifty closed up 13.90 points (0.24%) at 5705.30 while Nifty Future closed at 5746.85, premium of 41.55 points.
Bank Nifty closed up 36.35 points (0.31%) at 11614.50 while Future closed at 11687.50, premium of 73.00 points.
  • FII sold in Cash (Net sell 551.34 Crore)
  • FII bought in index future, index option but sold in stock future (Net buy 623.65 Crore)
  • DII bought in Cash (Net buy 34.73 Crore)
  • Most Active Nifty Call Option: 5800 and 5900.
  • Most Active Nifty Put Options: 5700 and 5600.
  • Advance Decline for the day was 603:904.
NIFTY TECHNICAL
Current Spot: 5705.30
Pivot: 5703
5DEMA: 5698
10DEMA: 5693
20DEMA: 5667
50DEMA: 5545
RSI (14 days): 57.77
Parabolic SAR: 4953
Supports: 5688 - 5670 - 5655
Resistance: 5721 - 5736 - 5754
Nifty Future VIX Range: 5698 - 5795
Nifty Future VWAP: 5743.12
MP Values Nifty Future: VAH - 5754, POC - 5746, VAL - 5738

TARGET NIFTY
Buy Nifty Future above 5755 - 5765 - 5780 - 5800 SL - 5738
Sell Nifty Future below 5736 - 5720 - 5705 - 5685 SL - 5747

BANKNIFTY TECHNICAL
Current Spot: 11614.50
Pivot: 11600
5DEMA: 11561
10DEMA: 11506
20DEMA: 11375
50DEMA: 11009
RSI (14 days): 63.90
Parabolic SAR: 10342
Supports: 11557 - 11499 - 11456
Resistance: 11658 - 11701 - 11759
Bank Nifty Future VIX Range: 11544 - 11831
Bank Nifty Future VWAP: 11663.93
MP Values Bank Nifty Future: VAH - 11683, POC - 11658, VAL - 11633

TARGET BANKNIFTY
Buy BankNifty Future above 11696 - 11720 - 11755 - 11810 SL - 11658
Sell BankNifty Future below 11654 - 11635 - 11580 - 11545 SL - 11684

INTRADAY TRADE
Reliance Industries: Buy above 816 for targets of 818, 821, 826 SL 810
Reliance Industries: Sell below 806 for targets of 804, 801, 796 SL 814
OrientBank: Buy above 317 for targets of 320, 328 SL 310
Den: Buy above 185 for targets of 187, 190 SL 181

SCORE SHEET
Rushil: Buy above 281 for targets of 284, 290 SL 276: Target 284.25 done
YesBank: Buy above 400 for targets of 404, 410 SL 395: Target 418.25 done

POSITIONAL TRADE
Ubl: Buy above 706 for target of 740 SL 691 (2-3 Days)
Koltepatil: Buy above 72.5 for target of 76.5 SL 70.6 (1 Week)

Thanks and Regards

S&P Wealth Creators

1 comment:

  1. sir how you calculate VIX range?

    ReplyDelete

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