Market outlook for 27/09/10

Nifty closed up 58.75 points (0.99%) at 6018.30 whilst Nifty September Future closed at 6034.55 premium of 16.25 points.
Bank Nifty closed up 117.25 points (0.97%) at 12263.55 whilst September Future closed at 12295.65 premium of 31.1 points.

  • FII bought in Cash (Net buy 1149.8 Crore)
  • FII sold big in index future and stock future, bought in index option (Net sell 1046.89 Crore)
  • DII sold in Cash (Net sell 879.83 Crore)
  • US market ended in GREEN.
  • Global cues are positive.
  • SGX nifty is positive as of now.
  • Most Active Nifty September Call Option: 6000 and 6100.
  • Most Active Nifty September Put Options: 6000 and 5900.
  • Advance Decline for the day was 938:412

NIFTY TECHNICAL
Current Spot: 6018.30
Pivot: 6000
5DEMA: 5971
10DEMA: 5897
20DEMA: 5775
50DEMA: 5604
RSI (7 days): 80.12
Supports: 5970 – 5922
Resistance: 6048 – 6077
Nifty Future VWAP: 6006
Bank Nifty Future VWAP: 12223
MP Values Futures: VAH – 6040 POC – 6031, VAL – 6000
MP Values Bank Nifty Futures: VAH – 12290, POC – 12270, VAL – 12219

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