Nifty closed up 24.95 points (0.41%) at 6073.30 while Nifty Future closed at 6091.20, premium of 17.90 points.
Bank Nifty closed up 122.80 points (1.20%) at 10326.55 while Future closed at 10342.40, premium of 15.85 points.
FII bought in Cash (Net buy 522.82 Crore)
FII bought in index future, index option but sold in stock future (Net buy 239.42 Crore)
DII sold in Cash (Net sell 245.17 Crore)
Most Active Nifty Call Option: 6100 and 6200.
Most Active Nifty Put Options: 6100 and 6000.
Advance Decline for the day was 582:824.
McClellan's oscillator for NSE at -24.
NIFTY TECHNICAL
Current Spot: 6073.30
Pivot: 6064
5DEMA: 6054
10DEMA: 6063
20DEMA: 6099
50DEMA: 6153
RSI (14 days): 44.84
Parabolic SAR: 6081
Supports: 6048 - 6022 - 6005
Resistance: 6090 - 6106 - 6132
Nifty Future VIX Range: 6048 - 6148
Nifty Future VWAP: 6077.07
MP Values Nifty Future: VAH - 6085, POC - 6076, VAL - 6067
TARGET NIFTY
Buy Nifty Future above 6096 - 6110 - 6130 - 6160 SL - 6075
Sell Nifty Future below 6067 - 6060 - 6030 - 6010 SL - 6086
BANKNIFTY TECHNICAL
Current Spot: 10326.55
Pivot: 10297
5DEMA: 10256
10DEMA: 10283
20DEMA: 10428
50DEMA: 10742
RSI (14 days): 42.86
Parabolic SAR: 10358
Supports: 10236 - 10145 - 10083
Resistance: 10388 - 10449 - 10540
Bank Nifty Future VIX Range: 10211 - 10502
Bank Nifty Future VWAP: 10288.44
MP Values Bank Nifty Future: VAH - 10304, POC - 10273, VAL - 10242
TARGET BANKNIFTY
Buy BankNifty Future above 10350 - 10400 - 10460 - 10560 SL - 10303
Sell BankNifty Future below 10292 - 10250 - 10155 - 10090 SL - 10323
INTRADAY TRADE
Finpipe: Buy above 186 for targets of 188, 194 SL 182
Voltas: Buy above 122 for targets of 123.5, 126 SL 120
SCORE SHEET
Infratel: Buy above 173.5 for targets of 175, 177.5 SL 171: Target 176.00 done
TataElxsi: Buy above 448 for targets of 453, 462 SL 441: Target 465.80 done
POSITIONAL TRADE
Avanti: Buy above 418 for target of 448 SL 405 (2-3 Days)
Idfc: Buy above 97.5 for target of 105 SL 94.5 (1 Week)
Thanks and Regards
MarketPulse S&P