Market outlook for 16/11/11

Market outlook for 16/11/11

Nifty closed down 79.85 points (1.55%) at 5068.50 while Nifty Future closed at 5078.20, premium of 9.70 points.
Bank Nifty closed down 189.30 points (2.04%) at 9085.70 while Future closed at 9080.65, discount of 5.05 points.

• FII sold in Cash (Net sell 409.77 Crore)
• FII sold huge in index future, stock future but bought index option (Net sell 692.12 Crore)
• DII bought in Cash (Net buy 205.96 Crore)
• US futures are trading flat to positive.
• Global cues are flat to positive.
• SGX nifty is flat to positive as of now.
• Most Active Nifty Call Option: 5200 and 5300.
• Most Active Nifty Put Options: 5200 and 5100.
• Advance Decline for the day was 185:1285.

NIFTY TECHNICAL

Current Spot: 5068.50
Pivot: 5093
5DEMA: 5157
10DEMA: 5185
20DEMA: 5165
50DEMA: 5098
RSI (14 days): 44.32
Parabolic SAR: 5354
Supports: 5028 - 4987 - 4922
Resistance: 5134 -5199 - 5240
CAM Support: 5059 - 5049 - 5039 - 5010
CAM Resistance: 5078 - 5088 - 5098 - 5127
NF VIX Range: 5009 - 5147