MARKET OUT LOOK 17/11/11

Market outlook for 17/11/11

Nifty closed down 38.05 points (0.75%) at 5030.45 while Nifty Future closed at 5044.90, premium of 14.45 points.
Bank Nifty closed down 24.15 points (0.27%) at 9061.55 while Future closed at 9068.10, premium of 6.55 points.

• FII sold in Cash (Net sell 488.89 Crore)
• FII bought huge in index option but sold index future, stock future (Net buy 284.11 Crore)
• DII bought in Cash (Net buy 277.79 Crore)
• US futures are trading flat.
• Global cues are flat to positive.
• SGX nifty is flat as of now.
• Most Active Nifty Call Option: 5000 and 5100.
• Most Active Nifty Put Options: 5100 and 5000.
• Advance Decline for the day was 394:1052.

NIFTY TECHNICAL

Current Spot: 5030.45
Pivot: 5028
5DEMA: 5115
10DEMA: 5157
20DEMA: 5152
50DEMA: 5095
RSI (14 days): 41.98
Parabolic SAR: 5325
Supports: 4992 - 4953 - 4916
Resistance: 5067 -5104 - 5143
CAM Support: 5024 - 5017 - 5010 - 4989
CAM Resistance: 5037 - 5044 - 5051 - 5072
NF VIX Range: 4978 - 5112