Daily Technical Equity Research Report
Date :- 21 Dec 2015
Nifty Spot (Daily Chart) CMP :- 7761.95
View :- Sideways
Nifty Spot View
Nifty traded with bearish sentiments due to
profit booking at higher levels from traders.
Overall trend for Nifty likely to remain sideways
for intraday session due to profit booking. Next
important resistance seen at 7850 level. Nifty
likely to trade with sideways sentiments and
7790 will be the trend deciding level for intraday
session. Lower side support seen at 7680 levels.
Technically, Nifty failed to sustain above
resistance of downward sloping trend line and
settled below the same on daily chart which
indicates continuation of sideways to bearish
sentiments in today’s session as well. Applying
momentum Indicator RSI for 14-day period
trending at level of 46.53 indicates sideways to
bullish trend.
R2
7880
R1
7820
Nifty Spot Pivot Points
Pivot Point
S1
7784.18
7710
S2
7690
Nifty Spot Weekly Range
7600
7850
Nifty Future Intraday Level
Previous close
Buy Above
7810
7790.10
7835
7855
Sell Below
7770
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Target
7875
7890
7920
7670
7640
Target
7730
7715
7695
Bank Nifty Future (Daily Chart) CMP :- 16638.7
View :- Sideways
Bank Nifty Future View
Bank Nifty futures traded with bearish sentiments
due to profit booking at higher levels from traders.
It likely to trade with sideways sentiments in
intraday session as well on profit booking. Bank
Nifty has next support at 16450 levels while 16800
is the strong resistance for the same. If Bank Nifty
continues to trade down then it may test next
support of 16450 levels. Technically, Fall in Volume
and price while rise in open interest indicates
sideways trades during intraday session.
Bank Nifty Future Pivot Points
R2
R1
Pivot Point
S1
S2
16830
16710
16677.67
16580
16520
Bank Nifty Future Trading Weekly Range
16200
17200
Bank Nifty Future Intraday Level
Previous close
Buy Above
16680
16638.7
16710
16735
Sell Below
16620
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Target
16755
16780
16820
16510
16470
Target
16590
16570
16545
USDINR Intraday Future Level
Previous close
Buy Above
Target
66.55
66.47
66.62
66.70
66.78
Sell Below
66.32
66.25
66.15
FII Derivatives Statistics For 18 December 2015
BUY
SELL
INDEX FUTURES
INDEX OPTIONS
STOCK FUTURES
STOCK OPTIONS
26245
315004
58415
41831
66.92
66.08
65.90
Target
66.40
Contracts
66.85
OPEN INTEREST
Amt
Contracts
Amt
Contracts
Amt
NET
VALUE
Amt (Cr)
1501.69
18095.49
2948.91
2067.93
19635
314509
78516
42292
1064.41
17978.35
3896.27
2084.07
256522
1270371
1061349
83486
14484.07
73283.05
52274.74
4043.15
437.28
117.14
-947.36
-16.14
FII/DII Trading Activity on BSE, NSE & MCX-SX in Capital Market Segment 18 December 2015
Category
Date
Buy Value
Sale Value
Net Value
FII
18/12/2015
5,642.44
5,649.43
-6.99
DII
18/12/2015
1,448.04
1,853.02
-404.˜
Trade Stats
Turnover (cr.)
Product
No. of contracts
Index Futures
Stock Futures
2,54,701
14,107.92
-
4,69,598
23,752.23
-
Index Options
Stock Options
F&O Total
29,19,524
1,69,249.74
0.88
2,70,502
39,14,325
13,936.64
2,21,046.54
0.53
0.85
Symbol
ADANIPORTS
IDEA
POWERGRID
ASIANPAINT
AMBUJACEM
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Nifty Gainers
LTP
261.00
135.00
135.50
882.10
199.25
% Change
1.83
0.93
0.71
0.68
0.56
Symbol
VEDL
ULTRACEMCO
BAJAJ-AUTO
SBIN
INFY
Put Call Ratio
Nifty Losers
LTP
84.40
2,814.00
2,471.20
226.25
1,085.95
% Change
-3.16
-2.89
-2.37
-2.01
-1.91
Sale
Value
Buy Value
Net Value
Recommendation :Derivative call
:-
Buy ASIANPAINT DEC Fut Between Range 880-885 Tgt 930 Stop loss 860 (1 Week)
Name
Milan Shah (Sr.Technical Analyst)
Email
Contact
[email protected]
(079) 40001106/07 Ext :- 206/207
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