The Nifty future shut shop at 4779.00 losing 78.75 points or -1.62 percent. Nifty future increased 1030150 shares in open interest, and came to premium of 6.85 from 8.25 whereas cost of carry is 24.85 vs 22.58, up 10.05 percent. On the options front the OI PCR is 1.53 vs 1.61, whereas the Volume PCR at 1.21 vs.1.27. On the Volatility Front the Indian Volatility Index has ended at 37.19 % vs.31.94% gaining 6.05%.

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Market Today-

Benchmarks Indices ended on a flat note due to lack of interest  from investors in a direction-less market. Auto, Pharma and Technology stocks ended in the red while capital goods and power space led the gainers pack. The 50-share NSE Nifty down by -5.80 points or -0.10% to end at 5521.05.

Nifty Futures technical Outlook 

The Nifty futures closed and settled finally at 5522 down by -7.85 points or -0.14 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5580 else below support level of 5475 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5580 & above this level the next resistance is seen near the 5630 mark. 

SUPPORT: It has first support close to the level of 5475 & below this level the next support is seen near 5415 mark.

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Nifty Tips for tomorrow 

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Indian market ended down 0.80%; Nifty down 43 pts & Sensex down 114 pts.
U.S employment claims came up at 422K & Non-Farm productivity q/q at 1.8%.
European markets were in red with DAX worst, Dow future was up 35 pts.

Indian market ended down 0.80% due to weak global cues and 2G case trial as Nifty lost 43 pts to end at 5550 while Sensex was down by 114 pts to settle at 18494. Euro markets were in red with FTSE down 45 pts at 5883, DAX down 77 pts at 7141 & CAC down 42 pts at 3921 as Moody’s downgraded Greek. Dow future was up 35 pts.
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Indian equity market ended up 0.50%; Nifty up 32 pts and Sensex up 106 pts.
U.S ADP Non-farm employment change came at 38K vs. expected at 177K.
European markets were in red with DAX worst, Dow future was down 80 pts.
Indian equity market ended up marginally 0.50% for second consecutive day despite weaker global equity markets. Nifty added 32 pts to end near 5600 at 5592 while Sensex added 106 pts to settle at 18608. European markets were in red with DAX down 15 pts, CAC down 7 pts and FTSE down 11 pts. Dow future was down 80 pts as well.

Nifty Outlook
Trend: - Consolidate
Resistance: - 5625 5690
25,
Support: - 5540, 5490
Strategy: - Buy on dips

Bank Nifty OUTLOOK
Trend: - Consolidate
Resistance: - 11040, 11200
Support: - 10815, 10690
Strategy: - Buy on dips

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The dollar hovered near a two-week low against a basket of currencies.
Gold steady on Greece debt fear.
Brent crude oil fell below $115 a barrel on Monday.
Silver rose as much as 1.3 percent to $38.36.
Gold held steady on Monday, buoyed by the ongoing debt crisis in the euro zone, while silver trimmed gains as a hike in margins by the Shanghai Gold Exchange kept sentiment in check. Shanghai copper fell on Monday on technicals, European debt problems and uncertainty about the monetary policies of the United States and China, on track for a 1 percent loss in May.
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RESISTANCE: It has first resistance close to the level of 5430 & above this level the next resistance is seen near the 5510 mark.

SUPPORT: It has first support close to the level of 5175 & below this level the next support is seen near 5090 mark.

FIIs were net sellers of Rs 2,702.22 crore while DIIs were net buyers of Rs 1,029.22 crore in equities today, February 24, as per provisional data available with NSE.
Indian equity benchmarks shattered on the back of a sharp spike in crude oil prices in international markets on Thursday, reacting to growing concerns in Libya, which could spread over to other oil-producing as well as exporting countries in the Middle East.
The 30-share BSE Sensex dropped 545.92 points or 3%, to close at 17,632.41 and the 50-share NSE Nifty 74.65 points or 3.21%, to end at 5262.70 on record volume.
All sectoral indices were butchered badly; the BSE Bank and Capital Goods indices were hit the hardest, which plunged 4% each. Auto, Realty, Metal, Healthcare, Oil & Gas, Power, FMCG and IT indices too were down 2-3.5%.
It was a record volume for the Indian markets, especially on expiry day. Total traded turnover was at Rs 2,99,194.72 crore, including Rs 2,77,277.49 crore from the F&O segment.
FIIs have net sold Rs 906 crore worth of shares in Indian equity markets in the month of February and sold Rs 6330 crore worth of shares in the month of January 2011. stock advanced Tips

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